Maggies Brightside Inc

Nonprofit profile at a glance

EIN
825029797
IRS 990-EZ coverage
2018–2020
Forms available
Form 990-EZ 2020
Location
Richmond, VT, USA
Phone
8028811842
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Alliance/Advocacy Organizations

Official website

Reported finances

Revenue
$4,310
Expenses
$27,501
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

6 people listed

People named in this filing

  • CASSIE GILLESPIE (Vice Chair)
  • COLLEEN BOYD (CHAIR)
  • KATIE WEBSTER FORMER (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of Maggies Brightside is to make life a little easier for people living with Cancer.

What it reported doing in 2020

Maggies Brightside has built a network of community affiliates in Vermont, who create opportunities for individuals living with cancer, to have access to discounted services and products. In order to do this, we offer the Maggie Card. Those who carry a Maggie Card receive discounts on needed products and services while they battle cancer. Our local partners offer easy access to discounts, promote affordable access to healthy options, and increase awareness of the challenges faced by those living with cancer. MBS has 164 cardholders, 66 business partners, and attends multiple outreach events.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 4
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.8%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -538.1%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 14.7%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: 40.5% per year; rating input score 100; 94th percentile among comparable filings
  • Revenue growth: -75.8% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -100% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 99.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $27K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2018 to 2020
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 4/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.