Charity Search / MADDIES PROMISE INC
Medical Research (H98) IRS Verified DX Registered 990 on File

MADDIES PROMISE INC

EIN: 84-3159035 · HINGHAM, MA 02043-3303 · United States · FY 2023 Data
3 out of 5 49 / 100 Based on 2+ years of filings
Financial strength (30%) 69/100
Reliability (20%) 45/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$270K
Total Revenue
$199K
Total Expenses
$321K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 100.0%
Fundraising Efficiency 0.0%
Operating Reserve 19.32x
Liability-to-Asset 0.0%
Revenue Diversification 95.1%
Compared with Peers
FY 2023
Compared with 1,004 similar organizations (United States, Medical Research, $100K–$1M in expenses), FY 2023.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
100.0% 86.3%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
0.0% 10.6%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
0.0% 17.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
19.3 mo 13.1 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 0.3%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
95.1% 95.3%
P10P90
Above median
Revenue growth
Year over year revenue growth
40.3% 4.8%
P10P90
Expense growth
Year over year expense growth
141.2% 12.9%
P10P90
Surplus margin
Surplus as a share of revenue
26.3% -0.2%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $270K $199K $321K 100.0% 0
2022 $193K $83K $250K 100.0% 0
2021 $190K $75K N/A 1
2020 $113K $57K N/A 1
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Organization Details
EIN
84-3159035
State
MA
City
HINGHAM
ZIP
02043-3303
Classification
H98
Category
Medical Research
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
15
Form 990
On File
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