Civic Intelligence

Maxwell Foundation Inc.

990 • Fiscal year 2023 • EIN 45-1992465

Jan 01, 2023 to Dec 31, 2023 • Filed on Aug 27, 2024

Organization Profilefoundationmaxwell.org
8040 NW 155th StreetMiami Lakes, FL 33016

(305) 827-2822

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

4.92x

Higher debt load relative to assets than 98% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

99th percentile

6.35x

Higher debt load relative to revenue than 99% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

3rd percentile

-260%

Higher net margin than 3% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$10,400

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 60.1% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

7th percentile

-64%

Faster asset growth than 7% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

21st percentile

-26%

Faster revenue growth than 21% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$22,334

Down $40,517 (-64%) from 2022

Net Assets

Down

-$87,510

Down $44,985 (-106%) from 2022

Liabilities

Up

$109,844

Up $4,468 (+4.2%) from 2022

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin3rd percentile

Revenue

Down

$17,300

Down $5,931 (-26%) from 2022

Expenses

Down

$62,283

Down $29,529 (-32%) from 2022

Net Income

Up

-$44,983

Up $23,598 (+34%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200K$100K$0-$100KAssets 2011: $3,658Liabilities 2011: $02011Assets 2012: $45,220Liabilities 2012: $0Net Assets 2012: $45,2202012Assets 2013: $138,986Liabilities 2013: $0Net Assets 2013: $138,9862013Assets 2014: $24,555Liabilities 2014: $0Net Assets 2014: $24,5552014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $20,510Liabilities 2017: $5,581Net Assets 2017: $14,9292017Assets 2018: $11,370Liabilities 2018: $6,228Net Assets 2018: $5,1422018Assets 2019: $3,686Liabilities 2019: $24,404Net Assets 2019: -$20,7182019Assets 2020: $110,386Liabilities 2020: $5,775Net Assets 2020: $104,6112020Assets 2021: $150,082Liabilities 2021: $124,026Net Assets 2021: $26,0562021Assets 2022: $62,851Liabilities 2022: $105,376Net Assets 2022: -$42,5252022Assets 2023: $22,334Liabilities 2023: $109,844Net Assets 2023: -$87,5102023Assets 2024: $1,947Liabilities 2024: $41,083Net Assets 2024: -$39,1362024

Highlighted filing

2023

Assets$22,334
Liabilities$109,844
Net Assets-$87,510
Open 2023 Filing

Operations Trend

Revenue Growth21st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2011: $0Expenses 2011: $12,418Net Income 2011: -$12,4182011Revenue 2012: $343,503Expenses 2012: $294,226Net Income 2012: $49,2772012Revenue 2013: $461,889Expenses 2013: $368,123Net Income 2013: $93,7662013Revenue 2014: $387,064Expenses 2014: $315,672Net Income 2014: $71,3922014Revenue 2015: $387,692Expenses 2015: $334,075Net Income 2015: $53,6172015Revenue 2016: $302,710Expenses 2016: $358,122Net Income 2016: -$55,4122016Revenue 2017: $329,393Expenses 2017: $249,541Net Income 2017: $79,8522017Revenue 2018: $72,901Expenses 2018: $82,688Net Income 2018: -$9,7872018Revenue 2019: $23,107Expenses 2019: $48,967Net Income 2019: -$25,8602019Revenue 2020: $237,128Expenses 2020: $111,799Net Income 2020: $125,3292020Revenue 2021: $22,842Expenses 2021: $101,397Net Income 2021: -$78,5552021Revenue 2022: $23,231Expenses 2022: $91,812Net Income 2022: -$68,5812022Revenue 2023: $17,300Expenses 2023: $62,283Net Income 2023: -$44,9832023Revenue 2024: $148,466Expenses 2024: $100,091Net Income 2024: $48,3752024

Highlighted filing

2023

Revenue$17,300
Expenses$62,283
Net Income-$44,983
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Aug 27, 2024
Return Version
2023v5.1
Gross Receipts
$17,300
Mission and Program Overview

Mission

The organization is focused on enriching program for practical living and innovative educational initiatives in order to raise awareness and promote inclusion, growth and social develoment. The work with autistic children and adults proves that through partnerships and with right resources, everyone has the opportunity to thrive.

The maxwell foundation inc was established in order to provide high quality, research driven solution for children, youth, and families facing a disability.

Balance Sheet Detail
LineBeginningEndChange
Assets
Receivables From Officers Etc$23,000$23,000→ $0
Loans From Officers Directors$5,731$11,844▲ $6,113
Land, Buildings, and Equipment, Net$67--
Savings and Temporary Cash Investments$8--
Cash and Non-Interest-Bearing Accounts$39,776$-666▼ $40,442
Total Assets$62,851$22,334▼ $40,517
Liabilities
Mortgage Notes Payable Secured by Investment Property$98,000$98,000→ $0
Accounts Payable and Accrued Expenses$1,645--
Total Liabilities$105,376$109,844▲ $4,468
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-42,525$-87,510▼ $44,985
Total Net Assets Fund Balance$-42,525$-87,510▼ $44,985
Total Liabilities and Net Assets / Fund Balance$62,851$22,334▼ $40,517

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$14,845$14,845
Other Land Buildings-$3,863$3,863
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Saimary RiveroPresidentPT$10,400$10,400

Board Members and Trustees

NameTitle
Paul James AguileraVice-president
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$17,300
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-44,983
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$51,182
Salaries, Compensation, and Employee Benefits$11,101
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$26,000--$26,000
Current Officers, Directors, Trustees, and Key Employees$10,400--$10,400
Advertising$4,943--$4,943
Insurance$4,365--$4,365
Fees for Services Accounting$1,200--$1,200
Payroll Taxes$701--$701
Other Expenses$136--$136
Depreciation Depletion$65--$65
Office Expenses$10--$10
Total Functional Expenses$62,283$0$0$62,283
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$23,000$23,000→ $0
Loans from Officers, Directors, Trustees, and Key Employees$5,731$11,844▲ $6,113
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Loan Payable-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

“HUSBAND AND WIFE”

Form 990, Part VI, Section A, Line 3

“The company still implementing organizational structures to ensure communication, maintain control, and allow for additional expansion. Departmentalization is a structure that helps an organization continue expanding while still allowing company leadership to monitor employees and uphold company-wide standards. Organizational structure that separates people into groups, or departments, based on a particular set of criteria. These departments have their own leadership and work together to complete tasks. With large or complicated projects, multiple departments may work together towards the same objectives maintaining control, simplifying operational processes, grouping specialized activities together, increasing overall efficiency, and ensuring responsibility and accountability.”

Form 990, Part VI, Section A, Line 4

“A conflict of interest policy is intended to help ensure that when actual or potential conflicts of interest arise, the organization has a process in place under which the affected individual will advise the governing body about all the relevant facts concerning the situation.”

Form 990, Part VI, Section B, Line 11B

“A complete review is accomplished by the officers before filing to government institutions.”

Form 990, Part VI, Section C, Line 19

“During the tax year 2023 the organization did not disclose any financial or legal document procedures, there is still some desire to rebuild the website to add some features that would allow the general public to access such information.”

Filing and Contact Details

Filer

Filer Name
Maxwell Foundation Inc
EIN
45-1992465
Phone
3058272822
Address
8040 NW 155TH STREET, MIAMI LAKES, FL 33016

Signing Officer

Name
Saimary Rivero
Title
President
Phone
3058272822
Signed
2024-08-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Saimary Rivero
Formed
2011
Legal Domicile
Fl
Voting Board Members
2
Independent Board Members
2
Employees
1

Preparer

Firm
Arvelo Accounting and Consulting Group
Address
6710 MAIN STREET STE 233, MIAMI LAKES, FL 33014
Preparer
Jorge Arvelo
Phone
7865943944
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Section 24, Line E

“Telephone and communication expense 6,243 / computer expense 5,785 / bank charges 2,435 / license taxes 136”

Raw XML Appendix344 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01645
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MAXWELL FOUNDATION INC WAS ESTABLISHED IN ORDER TO PROVIDE HIGH QUALITY, RESEARCH DRIVEN SOLUTION FOR CHILDREN, YOUTH, AND FAMILIES FACING A DISABILITY.
IRS990/AdvertisingGrp/ProgramServicesAmt04943
IRS990/AdvertisingGrp/TotalAmt04943
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0SAIMARY RIVERO
IRS990/BooksInCareOfDetail/PhoneNum03058272822
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt08040 NW 155TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MIAMI LAKES
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd033016
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt039776
IRS990/CashNonInterestBearingGrp/EOYAmt0-666
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt010400
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt010400
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt051182
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt017300
IRS990/CYRevenuesLessExpensesAmt0-44983
IRS990/CYSalariesCompEmpBnftPaidAmt011101
IRS990/CYTotalExpensesAmt062283
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt017300
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt065
IRS990/DepreciationDepletionGrp/TotalAmt065
IRS990/Desc0MAXWELL FOUNDATION LOOKS TO CREATE AN INTEGRATION PROGRAM FOR ADULTS DIAGNOSED WITH ASD IN ORDER TO INCREASE THEIR QUALITY OF LIFE QOL AND INDEPENDENCE SKILLS. THE AREAS OF FOCUS INCLUDED EMPLOYMENT, MENTAL HEALTH, AND INTERPERSONAL RELATIONSHIPS. AN ESTIMATED 5,437,988 2.21 ADULTS IN THE UNITED STATES HAVE ASD. THE STATES WITH THE GREATEST ESTIMATED NUMBER OF ADULTS LIVING WITH ASD INCLUDED CALIFORNIA 701,669, TEXAS 449,631, NEW YORK 342,280, AND FLORIDA 329,131. DUE TO THIS, THE PROGRAM WILL BE SET TO TAKE PLACE IN MIAMI LAKES FOR ITS FIRST EDITION. THE PROGRAM WILL HAVE 12 PARTICIPANTS ADULTS BETWEEN THE AGES OF 18 AND 35 DIAGNOSED WITH ASD.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExcsTaxSect4951Or4952Or4953Ind0false
IRS990/ExpenseAmt062283
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt01200
IRS990/FeesForServicesAccountingGrp/TotalAmt01200
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt026000
IRS990/FeesForServicesManagementGrp/TotalAmt026000
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt0020.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt0020.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/PersonNm0SAIMARY RIVERO
IRS990/Form990PartVIISectionAGrp/PersonNm1PAUL JAMES AGUILERA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt010400
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02011
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt017300
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ProgramServicesAmt04365
IRS990/InsuranceGrp/TotalAmt04365
IRS990/InterestGrp/TotalAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt018708
IRS990/LandBldgEquipBasisNetGrp/BOYAmt067
IRS990/LandBldgEquipCostOrOtherBssAmt018708
IRS990/LegalDomicileStateCd0FL
IRS990/LoanOutstandingInd0true
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt05731
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt011844
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE ORGANIZATION IS FOCUSED ON ENRICHING PROGRAM FOR PRACTICAL LIVING AND INNOVATIVE EDUCATIONAL INITIATIVES IN ORDER TO RAISE AWARENESS AND PROMOTE INCLUSION, GROWTH AND SOCIAL DEVELOMENT. THE WORK WITH AUTISTIC CHILDREN AND ADULTS PROVES THAT THROUGH PARTNERSHIPS AND WITH RIGHT RESOURCES, EVERYONE HAS THE OPPORTUNITY TO THRIVE.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt098000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt098000
IRS990/NetAssetsOrFundBalancesBOYAmt0-42525
IRS990/NetAssetsOrFundBalancesEOYAmt0-87510
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-42525
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-87510
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ProgramServicesAmt010
IRS990/OfficeExpensesGrp/TotalAmt010
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0TELEPHONE COMMUNICATIONS
IRS990/OtherExpensesGrp/Desc1COMPUTER EXPENSE
IRS990/OtherExpensesGrp/Desc2BANK CHARGES
IRS990/OtherExpensesGrp/Desc3LICENSE AND TAXES
IRS990/OtherExpensesGrp/ProgramServicesAmt06243
IRS990/OtherExpensesGrp/ProgramServicesAmt15785
IRS990/OtherExpensesGrp/ProgramServicesAmt22435
IRS990/OtherExpensesGrp/ProgramServicesAmt3136
IRS990/OtherExpensesGrp/TotalAmt06243
IRS990/OtherExpensesGrp/TotalAmt15785
IRS990/OtherExpensesGrp/TotalAmt22435
IRS990/OtherExpensesGrp/TotalAmt3136
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt0701
IRS990/PayrollTaxesGrp/TotalAmt0701
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0SAIMARY RIVERO
IRS990/PriorPeriodAdjustmentsAmt0-2
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0MGM VIRTUAL ACADEMY
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt017300
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt080832
IRS990/PYProgramServiceRevenueAmt023231
IRS990/PYRevenuesLessExpensesAmt0-68581
IRS990/PYSalariesCompEmpBnftPaidAmt010980
IRS990/PYTotalExpensesAmt091812
IRS990/PYTotalRevenueAmt023231
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt023000
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt023000
IRS990/ReconcilationRevenueExpnssAmt0-44983
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt017300
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt08
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt018539
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt018539
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt04568
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04568
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00020
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.99980
IRS990ScheduleA/PublicSupportTotal509Amt023107
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt023107
IRS990ScheduleA/Total509Grp/TotalAmt023107
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt023107
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt023107
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt014845
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt014845
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt03863
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt03863
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1LOAN PAYABLE
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt011844
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt123000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd1true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd1false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0START UP
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt1ADVANCE PAYMENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt05546
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt123000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0SAIMARY RIVERO
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm1TAIRS WORLDWIDE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt1THIRD PARTY ORGANIZATION
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd1false
IRS990ScheduleL/TotalBalanceDueAmt034844
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0HUSBAND AND WIFE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COMPANY STILL IMPLEMENTING ORGANIZATIONAL STRUCTURES TO ENSURE COMMUNICATION, MAINTAIN CONTROL, AND ALLOW FOR ADDITIONAL EXPANSION. DEPARTMENTALIZATION IS A STRUCTURE THAT HELPS AN ORGANIZATION CONTINUE EXPANDING WHILE STILL ALLOWING COMPANY LEADERSHIP TO MONITOR EMPLOYEES AND UPHOLD COMPANY-WIDE STANDARDS. ORGANIZATIONAL STRUCTURE THAT SEPARATES PEOPLE INTO GROUPS, OR DEPARTMENTS, BASED ON A PARTICULAR SET OF CRITERIA. THESE DEPARTMENTS HAVE THEIR OWN LEADERSHIP AND WORK TOGETHER TO COMPLETE TASKS. WITH LARGE OR COMPLICATED PROJECTS, MULTIPLE DEPARTMENTS MAY WORK TOGETHER TOWARDS THE SAME OBJECTIVES MAINTAINING CONTROL, SIMPLIFYING OPERATIONAL PROCESSES, GROUPING SPECIALIZED ACTIVITIES TOGETHER, INCREASING OVERALL EFFICIENCY, AND ENSURING RESPONSIBILITY AND ACCOUNTABILITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A CONFLICT OF INTEREST POLICY IS INTENDED TO HELP ENSURE THAT WHEN ACTUAL OR POTENTIAL CONFLICTS OF INTEREST ARISE, THE ORGANIZATION HAS A PROCESS IN PLACE UNDER WHICH THE AFFECTED INDIVIDUAL WILL ADVISE THE GOVERNING BODY ABOUT ALL THE RELEVANT FACTS CONCERNING THE SITUATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COMPLETE REVIEW IS ACCOMPLISHED BY THE OFFICERS BEFORE FILING TO GOVERNMENT INSTITUTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DURING THE TAX YEAR 2023 THE ORGANIZATION DID NOT DISCLOSE ANY FINANCIAL OR LEGAL DOCUMENT PROCEDURES, THERE IS STILL SOME DESIRE TO REBUILD THE WEBSITE TO ADD SOME FEATURES THAT WOULD ALLOW THE GENERAL PUBLIC TO ACCESS SUCH INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5TELEPHONE AND COMMUNICATION EXPENSE 6,243 / COMPUTER EXPENSE 5,785 / BANK CHARGES 2,435 / LICENSE TAXES 136
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Section 24, Line E
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt062851
IRS990/TotalAssetsEOYAmt022334
IRS990/TotalAssetsGrp/BOYAmt062851
IRS990/TotalAssetsGrp/EOYAmt022334
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt062283
IRS990/TotalFunctionalExpensesGrp/TotalAmt062283
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0105376
IRS990/TotalLiabilitiesEOYAmt0109844
IRS990/TotalLiabilitiesGrp/BOYAmt0105376
IRS990/TotalLiabilitiesGrp/EOYAmt0109844
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-42525
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-87510
IRS990/TotalProgramServiceExpensesAmt062283
IRS990/TotalProgramServiceRevenueAmt017300
IRS990/TotalReportableCompFromOrgAmt010400
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt017300
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt062851
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt022334
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt08040 NW 155TH STREET
IRS990/USAddress/CityNm0MIAMI LAKES
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033016
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0foundationmaxwell.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SAIMARY RIVERO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03058272822
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-08-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MAXWELL FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MAXW
ReturnHeader/Filer/EIN0451992465
ReturnHeader/Filer/PhoneNum03058272822
ReturnHeader/Filer/USAddress/AddressLine1Txt08040 NW 155TH STREET
ReturnHeader/Filer/USAddress/CityNm0MIAMI LAKES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033016
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0205318090
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ARVELO ACCOUNTING AND CONSULTING GROUP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06710 MAIN STREET STE 233
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MIAMI LAKES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033014
ReturnHeader/PreparerPersonGrp/PhoneNum07865943944
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JORGE ARVELO
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-08-27T05:12:56-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,334
Liabilities
$109,844
Net assets
-$87,510
Revenue
$17,300
Expenses
$62,283
Net income
-$44,983
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.02$0.41$0.39$1.48$1.00$0.48
2023Detailed filing. Detailed filing data is available for this year.$0.22$1.10$0.88$0.17$0.62$0.45
2022Detailed filing. Detailed filing data is available for this year.$0.63$1.05$0.43$0.23$0.92$0.69
2021Detailed filing. Detailed filing data is available for this year.$1.50$1.24$0.26$0.23$1.01$0.79
2020Detailed filing. Detailed filing data is available for this year.$1.10$0.06$1.05$2.37$1.12$1.25
2019Detailed filing. Detailed filing data is available for this year.$0.04$0.24$0.21$0.23$0.49$0.26
2018Detailed filing. Detailed filing data is available for this year.$0.11$0.06$0.05$0.73$0.83$0.10
2017Summary only. Only limited summary data is available for this year.$0.21$0.06$0.15$3.29$2.50$0.80
2016Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$3.03$3.58$0.55
2015Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$3.88$3.34$0.54
2014Detailed filing. Detailed filing data is available for this year.$0.25$0.00$0.25$3.87$3.16$0.71
2013Summary only. Only limited summary data is available for this year.$1.39$0.00$1.39$4.62$3.68$0.94
2012Summary only. Only limited summary data is available for this year.$0.45$0.00$0.45$3.44$2.94$0.49
2011Summary only. Only limited summary data is available for this year.$0.04$0.00$0.00$0.12$0.12