Civic Intelligence

Nemax Foundation Inc

EIN 85-3772807 • 501(c)3 • Severna Park, MD

Profile

To benefit the non-privileged group including but not limited to helping in fighting hunger among widows in africa. Helping non-privileged school aged children with tuition and or school material. Helping struggling single mothers or parents pay rent.

920 Saint MartinsSeverna Park, MD 21146
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

90th percentile

50%

Higher net margin than 90% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

98th percentile

678%

Faster asset growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

98th percentile

496%

Faster revenue growth than 98% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets60th percentile

Assets

Up

$23,254

Up $20,264 (+678%) from 2020

Liabilities

Flat

$0

Flat from 2020

Net Assets

Up

$24,328

Up $21,338 (+714%) from 2020

Operations
Liabilities / Revenue62nd percentileNet Margin90th percentile

Revenue

Up

$42,587

Up $35,442 (+496%) from 2020

Expenses

Up

$21,249

Up $17,094 (+411%) from 2020

Net Income

Up

$21,338

Up $18,348 (+614%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth98th percentile

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

$30K$20K$10K$0Assets 2020: $2,990Liabilities 2020: $0Net Assets 2020: $2,9902020Assets 2021: $23,254Liabilities 2021: $0Net Assets 2021: $24,3282021

Highlighted filing

2021

Assets$23,254
Liabilities$0
Net Assets$24,328
Open 2021 Filing

Operations Trend

Revenue Growth98th percentile

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

$60K$40K$20K$0Revenue 2020: $7,145Expenses 2020: $4,155Net Income 2020: $2,9902020Revenue 2021: $42,587Expenses 2021: $21,249Net Income 2021: $21,3382021

Highlighted filing

2021

Revenue$42,587
Expenses$21,249
Net Income$21,338
Open 2021 Filing

Filings

Most recent year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$23,254
Liabilities
$0
Net assets
$24,328
Revenue
$42,587
Expenses
$21,249
Net income
$21,338
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$23.3$0.00$24.3$42.6$21.2$21.3
2020Detailed filing. Detailed filing data is available for this year.$2.99$0.00$2.99$7.15$4.16$2.99
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Nov 1, 2020 to Oct 31, 2021
Signed
Mar 20, 2022
Return Version
2021v4.2
Gross Receipts
$42,587
Mission and Program Overview

Mission

To benefit the non-privileged group including but not limited to helping in fighting hunger among widows in africa. Helping non-privileged school aged children with tuition and or school material. Helping struggling single mothers or parents pay rent.

Program Services

DescriptionGrantsExpenses
TO BENEFIT THE NON-PRIVILEGED GROUP INCLUDING BUT NOT LIMITED TO HELPING IN FIGHTING HUNGER AMONG WIDOWS IN AFRICA. HELPING NON-PRIVILEGED SCHOOL AGED CHILDREN WITH TUITION AND OR SCHOOL MATERIAL. HELPING STRUGGLING SINGLE MOTHERS OR PARENTS PAY RENT.-$21,249
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHINELO OLUBOYOPresident-$0--
MAXWELL OLUBOYOVice President-$0--
Filing and Contact Details

Filer

Filer Name
Nemax Foundation Inc
EIN
85-3772807
Phone
5716062254
Address
920 SAINT MARTINS, SEVERNA PARK, MD 21146

Signing Officer

Name
Chinelo Oluboyo
Title
President
Phone
5716062254
Signed
2022-03-20
Discuss with paid preparer
Yes

Preparer

Firm
Triune Accounting Group LLC
Address
6030 MARSHALEE DRIVE, SUITE 206, ELKRIDGE, MD 21075
Preparer
Ayodeji Fakunle CPA
Phone
2406760188
Supplemental Narrative

Additional Explanations

Part I, Line 16

“1) other expenses payments to beneficiaries amount 21249”

Raw XML Appendix122 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
IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/PersonNm0MAXWELL OLUBOYO
IRS990EZ/BooksInCareOfDetail/PhoneNum05716062254
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0920 SAINT MARTINS
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SEVERNA PARK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd021146
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02990
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt023254
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt042587
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt021338
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form720FiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt02990
IRS990EZ/Form990TotalAssetsGrp/EOYAmt023254
IRS990EZ/GrossReceiptsAmt042587
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt02990
IRS990EZ/NetAssetsOrFundBalancesEOYAmt024328
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt02990
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt023254
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHINELO OLUBOYO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MAXWELL OLUBOYO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherExpensesTotalAmt021249
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO BENEFIT THE NON-PRIVILEGED GROUP INCLUDING BUT NOT LIMITED TO HELPING IN FIGHTING HUNGER AMONG WIDOWS IN AFRICA. HELPING NON-PRIVILEGED SCHOOL AGED CHILDREN WITH TUITION AND OR SCHOOL MATERIAL. HELPING STRUGGLING SINGLE MOTHERS OR PARENTS PAY RENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO BENEFIT THE NON-PRIVILEGED GROUP INCLUDING BUT NOT LIMITED TO HELPING IN FIGHTING HUNGER AMONG WIDOWS IN AFRICA. HELPING NON-PRIVILEGED SCHOOL AGED CHILDREN WITH TUITION AND OR SCHOOL MATERIAL. HELPING STRUGGLING SINGLE MOTHERS OR PARENTS PAY RENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt021249
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt021249
IRS990EZ/TotalRevenueAmt042587
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt00
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt00
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt00
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt00
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt042587
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt07145
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt049732
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt042587
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct00
IRS990ScheduleA/PublicSupportTotal170Amt049732
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt042587
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt07145
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt049732
IRS990ScheduleA/TotalSupportAmt049732
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt01) OTHER EXPENSES PAYMENTS TO BENEFICIARIES AMOUNT 21249
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 16
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHINELO OLUBOYO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05716062254
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEMAX FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NEMA
ReturnHeader/Filer/EIN0853772807
ReturnHeader/Filer/PhoneNum05716062254
ReturnHeader/Filer/USAddress/AddressLine1Txt0920 SAINT MARTINS
ReturnHeader/Filer/USAddress/CityNm0SEVERNA PARK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021146
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0815005105
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TRIUNE ACCOUNTING GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06030 MARSHALEE DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine2Txt0SUITE 206
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ELKRIDGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021075
ReturnHeader/PreparerPersonGrp/PhoneNum02406760188
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AYODEJI FAKUNLE CPA
ReturnHeader/ReturnTs02022-06-01T05:20:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHINELO
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OLUBOYO
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-10-31
ReturnHeader/TaxYr02021

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