Civic Intelligence

Max Cares Foundation Inc

EIN 47-4568220 • 501(c)3 • Hartford, CT

Profile

Through innovative partnerships, programs, and special events, the max cares foundation embraces the opportunity to help those in need. The foundation provides financial assistance to educational and other tax exempt charitable organizations.

249 Pearl StreetHartford, CT 06103

www.maxcaresfoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

82nd percentile

0.37x

Higher debt load relative to assets than 82% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

79th percentile

0.24x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

15th percentile

-21%

Higher net margin than 15% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

13th percentile

-19%

Faster asset growth than 13% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

61st percentile

15%

Faster revenue growth than 61% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$211,354

Down $48,937 (-19%) from 2023

Liabilities

Up

$79,021

Up $21,105 (+36%) from 2023

Net Assets

Down

$132,333

Down $70,042 (-35%) from 2023

Revenue

Up

$330,907

Up $42,335 (+15%) from 2023

Expenses

Up

$400,949

Up $184,726 (+85%) from 2023

Net Income

Down

-$70,042

Down $142,391 (-197%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2015: $15,870Liabilities 2015: $2,075Net Assets 2015: $13,7952015Assets 2016: $52,337Liabilities 2016: $100Net Assets 2016: $52,2372016Assets 2017: $165,476Liabilities 2017: $4,559Net Assets 2017: $160,9172017Assets 2018: $216,332Liabilities 2018: $5,986Net Assets 2018: $210,3462018Assets 2019: $211,588Liabilities 2019: $11,650Net Assets 2019: $199,9382019Assets 2020: $189,416Liabilities 2020: $17,200Net Assets 2020: $172,2162020Assets 2021: $198,651Liabilities 2021: $25,833Net Assets 2021: $172,8182021Assets 2022: $159,982Liabilities 2022: $29,956Net Assets 2022: $130,0262022Assets 2023: $260,291Liabilities 2023: $57,916Net Assets 2023: $202,3752023Assets 2024: $211,354Liabilities 2024: $79,021Net Assets 2024: $132,3332024

Highlighted filing

2024

Assets$211,354
Liabilities$79,021
Net Assets$132,333

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2015: $196,573Expenses 2015: $182,778Net Income 2015: $13,7952015Revenue 2016: $183,780Expenses 2016: $145,338Net Income 2016: $38,4422016Revenue 2017: $216,619Expenses 2017: $107,939Net Income 2017: $108,6802017Revenue 2018: $200,763Expenses 2018: $151,334Net Income 2018: $49,4292018Revenue 2019: $197,892Expenses 2019: $208,300Net Income 2019: -$10,4082019Revenue 2020: $133,277Expenses 2020: $160,999Net Income 2020: -$27,7222020Revenue 2021: $164,280Expenses 2021: $163,678Net Income 2021: $6022021Revenue 2022: $262,975Expenses 2022: $305,767Net Income 2022: -$42,7922022Revenue 2023: $288,572Expenses 2023: $216,223Net Income 2023: $72,3492023Revenue 2024: $330,907Expenses 2024: $400,949Net Income 2024: -$70,0422024

Highlighted filing

2024

Revenue$330,907
Expenses$400,949
Net Income-$70,042

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Aug 5, 2025
Return Version
2024v5.2
Gross Receipts
$763,304
Mission and Program Overview

Mission

Through innovative partnerships, programs, and special events, the max cares foundation embraces the opportunity to help those in need. The foundation provides financial assistance to educational and other tax exempt charitable organizations.

To provide financial assistance to educational and other tax exempt charitable organizations.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$224,906$184,815▼ $40,091
Rtn Earn Endowment Incm Other Fnds$202,375$132,333▼ $70,042
Accounts Receivable$35,385$26,539▼ $8,846
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$260,291$211,354▼ $48,937
Liabilities
Accounts Payable and Accrued Expenses$57,916$79,021▲ $21,105
Total Liabilities$57,916$79,021▲ $21,105
Net Assets / Fund Balance
Total Net Assets Fund Balance$202,375$132,333▼ $70,042
Total Liabilities and Net Assets / Fund Balance$260,291$211,354▼ $48,937
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard B RosenthalPresident
Timothy BuckleyVice President
Andrea OddiDirector
Carol MccabeDirector
Franklin Perry IiDirector
Jim TraskDirector
Matthew KerinDirector
Steve AbramsDirector
Wonda MurphyOutgoing - Director
Maura HoranSecretary
Jenn MckennaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$340,451
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-9,544
All Other Contributions
$37,359
Change in Net Assets
$-70,042
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$279,539
Other Expenses$121,410
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$279,539--$279,539
Fees for Services Other-$37,500-$37,500
Fees for Services Accounting-$27,300-$27,300
Office Expenses-$4,277-$4,277
Fees for Services Legal-$3,527-$3,527
Advertising-$2,549-$2,549
Insurance-$2,397-$2,397
Information Technology$1,339--$1,339
Other Expenses$400--$400
Total Functional Expenses$323,399$77,550$0$400,949
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Baystate HealthSpringfield, MA501(c)(3)Financial Assistance$20,000
CHILDREN'S LAW CENTERHartford, CT501(c)(3)Financial Assistance$12,500
Camp CourantHartford, CT501(c)(3)Financial Assistance$12,500
Covenant Preparatory SchoolHartford, CT501(c)(3)Financial Assistance$12,500
Grace AcademyHartford, CT501(c)(3)Financial Assistance$12,500
Hands on HartfordHartford, CT501(c)(3)Financial Assistance$11,983
Hartford HealthcareHartford, CT501(c)(3)Financial Assistance$10,000
Johnson & WalesProvidence, RI501(c)(3)Financial Assistance$8,000
First Tee of ConnecticutCromwell, CT501(c)(3)Financial Assistance$7,500
Jewish Family ServicesWest Hartford, CT501(c)(3)Financial Assistance$7,500
Springfield Rescue MissionSpringfield, MA501(c)(3)Financial Assistance$6,236
Salvation Army BristolBristol, CT501(c)(3)Financial Assistance$6,197
Cso Friends of the HomelessSpringfield, MA501(c)(3)Financial Assistance$5,819
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$432,397
Fundraising Gross Income$422,853
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$617,570$357,028$55,326$301,702
Winter Wine Fest$108,375$65,825$1,024$64,801
Total Events$725,945$422,853$432,397$-9,544
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

Steven abrams and timothy buckley have a business relationship by virtue of shared direct and indirect ownership in max hospitality and related entities. Maura horan has a business relationship by virtue of legal representation of max hospitality and related entities. Timothy buckley has a business relationship by virtue of employee benefits brokerage serivces for max hospitality and related entities.

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

Form 990 is reviewed by the board of directors before filing.

Form 990, Part VI, Section B, Line 12C

Board members must disclose the existence of a financial interest and all material facts to the compliance officer. The compliance officer shall determine whether a conflict of interest exists. If a conflict exists, the matter shall be disclosed to the board of directors.

Form 990, Part VI, Section C, Line 19

Organization makes its documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Max Cares Foundation Inc
EIN
47-4568220
Phone
8605229806
Address
249 PEARL STREET, HARTFORD, CT 06103

Signing Officer

Name
Authorized Agent
Title
Officer
Phone
8605229806
Signed
2025-08-05
Discuss with paid preparer
Yes

Organization Details

Formed
2015
Legal Domicile
Ct
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Cohnreznick Advisory LLC
Address
350 CHURCH STREET 12TH FLOOR, HARTFORD, CT 06103
Preparer
Don Stevens
Phone
9592007000
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0340451
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0317177
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0299160
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0148189
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0112945
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01217922
IRS990ScheduleA/TotalSupportAmt01254345
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt016091
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt020332
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt036423
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0303092
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0260542
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt042550
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0432397
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0WINTER WINE FEST
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt072044
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt072044
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0617570
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0108375
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0725945
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0357028
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt065825
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0422853
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-9544
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt098556
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt098556
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt056350
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt055326
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01024
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt0197016
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt08431
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt0205447
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt020000
IRS990ScheduleI/RecipientTable/CashGrantAmt112500
IRS990ScheduleI/RecipientTable/CashGrantAmt212500
IRS990ScheduleI/RecipientTable/CashGrantAmt312500
IRS990ScheduleI/RecipientTable/CashGrantAmt45819
IRS990ScheduleI/RecipientTable/CashGrantAmt57500
IRS990ScheduleI/RecipientTable/CashGrantAmt612500
IRS990ScheduleI/RecipientTable/CashGrantAmt711983
IRS990ScheduleI/RecipientTable/CashGrantAmt810000
IRS990ScheduleI/RecipientTable/CashGrantAmt97500
IRS990ScheduleI/RecipientTable/CashGrantAmt108000
IRS990ScheduleI/RecipientTable/CashGrantAmt116197
IRS990ScheduleI/RecipientTable/CashGrantAmt126236
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt20
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt30
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt40
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt50
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt60
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt70
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt80
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt90
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt100
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt110
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt120
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12FINANCIAL ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0BAYSTATE HEALTH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CAMP COURANT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CHILDREN'S LAW CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3COVENANT PREPARATORY SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4CSO FRIENDS OF THE HOMELESS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5FIRST TEE OF CONNECTICUT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6GRACE ACADEMY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7HANDS ON HARTFORD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8HARTFORD HEALTHCARE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9JEWISH FAMILY SERVICES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10JOHNSON & WALES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11SALVATION ARMY BRISTOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12SPRINGFIELD RESCUE MISSION
IRS990ScheduleI/RecipientTable/RecipientEIN0042105941
IRS990ScheduleI/RecipientTable/RecipientEIN1061018155
IRS990ScheduleI/RecipientTable/RecipientEIN2061381700
IRS990ScheduleI/RecipientTable/RecipientEIN3743238578
IRS990ScheduleI/RecipientTable/RecipientEIN4311067488
IRS990ScheduleI/RecipientTable/RecipientEIN5061510744
IRS990ScheduleI/RecipientTable/RecipientEIN6271673012
IRS990ScheduleI/RecipientTable/RecipientEIN7060861268
IRS990ScheduleI/RecipientTable/RecipientEIN8222672834
IRS990ScheduleI/RecipientTable/RecipientEIN9060653062
IRS990ScheduleI/RecipientTable/RecipientEIN10050306206
IRS990ScheduleI/RecipientTable/RecipientEIN11222406433
IRS990ScheduleI/RecipientTable/RecipientEIN12521047790
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0759 CHESTNUT STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1285 BROAD STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt230 ARBOR STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3474 WOODLAND ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4755 WORTHINGTON STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt555 GOLF CLUB RD
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6277 MAIN STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt755 BARTHOLOMEW AVE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt8100 PEARL STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt9333 BLOOMFIELD AVENUE A
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt108 ABBOTT PARK PLACE
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1119 STEARNS STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1210 MILL STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SPRINGFIELD
IRS990ScheduleI/RecipientTable/USAddress/CityNm1HARTFORD

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