The Maydaze Foundation

Nonprofit profile at a glance

EIN
433803717
IRS 990-PF coverage
2020–2020
Forms available
Form 990-PF 2020
Location
Winnsboro, LA, USA
Phone
3182822110
Rating
32
Verdict
REVIEW
Rating confidence
Moderate

Reported finances

Revenue
$6,254
Expenses
$6,637

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

Overview

Mission

The Maydaze Foundation is a nonprofit. Location: Winnsboro, LA. EIN 433803717. Tax year 2020 Form 990-PF reports $6.3K revenue and $6.6K expenses.

What it reported funding in 2020

The foundation reported 2 grants totaling $1,500. The stated grant purpose was veterans.

Operating model

Revenue model
Donor-supported. 100% of the foundation's positive operating resources came from contributions.
Distribution model
No current program activity. The filing reports no charitable disbursements for the current year.

The verdict

REVIEW - The filing identifies who received its grants. A relatively small share of spending goes to grants and assets provide a limited cushion relative to annual grants.

Rating breakdown

  • Grant Deployment: NotEnoughData
  • Cost Efficiency: 23
  • Transparency: 100
  • Compliance: 38
  • Endowment Health: 0

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: Limited

Cost Efficiency

  • Grant expense ratio: 22.6%; rating input score 23; 42nd percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: Limited
  • Filing consistency checks: 6; rating input score 75

Endowment Health

  • Endowment-health comparison: -0.26; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Trustees: Filed trustees detail
  • Investments: 0th percentile for endowment coverage
  • Consistency: 6 of 8 current checks pass · 2 findings to review
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Cost Efficiency: Grant expense ratio scored 23/100.
  • High — Endowment Health: Endowment-health comparison scored 0/100.
  • Moderate — Transparency & Controls: Assets equal liabilities and net assets did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Balance sheet eoy total did not reconcile in the filed values.