Civic Intelligence

Nemax Foundation Inc.

990EZ • Fiscal year 2020 • EIN 85-3772807

Jan 01, 2020 to Dec 31, 2020 • Filed on May 10, 2021

Organization Profile
920 Saint MartinsSeverna Park, MD 21146

(571) 606-2254

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

85th percentile

42%

Higher net margin than 85% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Balance Sheet
Liabilities / Assets55th percentile

Assets

$2,990

No earlier filing loaded for comparison.

Net Assets

$2,990

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin85th percentile

Revenue

$7,145

No earlier filing loaded for comparison.

Expenses

$4,155

No earlier filing loaded for comparison.

Net Income

$2,990

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

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

Highlighted filing

2020

Assets$2,990
Liabilities$0
Net Assets$2,990
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2020

Revenue$7,145
Expenses$4,155
Net Income$2,990
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 10, 2021
Return Version
2020v4.1
Gross Receipts
$7,145
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.-$4,155
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHINELO OLUBOYOPresidentPT$0--
MAXWELL OLUBOYOTreasurer-$0--
AARON FAKUNLESecretary-$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
2021-05-10
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 contributions to beneficiaries amount 4155”

Raw XML Appendix125 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/EOYAmt02990
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt07145
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt02990
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form1120PolFiledInd00
IRS990EZ/Form720FiledInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt02990
IRS990EZ/GrossReceiptsAmt07145
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02990
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt02990
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CHINELO OLUBOYO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MAXWELL OLUBOYO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2AARON FAKUNLE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherExpensesTotalAmt04155
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/ProgramServiceExpensesAmt04155
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TotalExpensesAmt04155
IRS990EZ/TotalProgramServiceExpensesAmt04155
IRS990EZ/TotalRevenueAmt07145
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/CurrentTaxYearAmt07145
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07145
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01
IRS990ScheduleA/PublicSupportPY170Pct00
IRS990ScheduleA/PublicSupportTotal170Amt07145
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt07145
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07145
IRS990ScheduleA/TotalSupportAmt07145
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 CONTRIBUTIONS TO BENEFICIARIES AMOUNT 4155
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/SignatureDt02021-05-10
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/ReturnTs02021-05-16T17:25:05-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHINELO
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OLUBOYO
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,990
Liabilities
$0
Net assets
$2,990
Revenue
$7,145
Expenses
$4,155
Net income
$2,990
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