Lead Maryland Foundation Inc
- Assets
- $733.7k
- Revenue
- $230.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Queenstown, MD
- Founding
- 08/2003
- Data as of
- 06/2022
- EIN
- 01-0725238
Organization Overview
Lead Maryland Foundation Inc is located in Queenstown, MD. The organization was established in 2003. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lead Maryland Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Lead Maryland Foundation Inc generated $230.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $193.7k during the year ending 06/2022. While expenses have increased by 0.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
INCREASING THE NUMBERS AND CAPACITY OF LEADERS SERVING THE AGRICULTURE, NATURAL RESOURCES, AND RURAL COMMUNITY SECTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE INDIVIDUALS WITH OPPORTUNITIES TO EXPAND THEIR LEADERSHIP ABILITIES, DEVELOP AN ACTIVE NETWORK, INCREASE THEIR UNDERSTANDING OF PUBLIC ISSUES, AND ENHANCE THEIR KNOWLEDGE OF ENVIRONMENTAL CONCERNS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Emily Wilson President | OfficerTrustee | 2 | $0 |
Paul Spies Vice Preside | OfficerTrustee | 2 | $0 |
Jennifer Layton Treasurer | OfficerTrustee | 2 | $0 |
Stephen Mchenry Secretary | OfficerTrustee | 2 | $0 |
Valerie Connelly Director | Trustee | 1 | $0 |
Shelby Watson-Hampton Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $40,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $109,518 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,518 |
| Total Program Service Revenue | $58,993 |
| Investment income | $17,945 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,755 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $230,404 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,446 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,271 |
| Office expenses | $653 |
| Information technology | $1,393 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,884 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,840 |
| All other expenses | $4,801 |
| Total functional expenses | $193,703 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100 |
| Savings and temporary cash investments | $107,556 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $583,788 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $42,247 |
| Total assets | $733,691 |
| Accounts payable and accrued expenses | $4,927 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $59,840 |
| Total liabilities | $64,767 |
| Net assets without donor restrictions | $659,944 |
| Net assets with donor restrictions | $8,980 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $733,691 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Lead Maryland Foundation Inc has recieved totaling $55,662.
| Awarding Organization | Amount |
|---|---|
Maryland Farm Bureau Inc Davidsonville, MD PURPOSE: PROMOTE AGRICULTURAL LEADERSHIP | $28,150 |
Maryland Grain Producers Utilization Board Inc Queenstown, MD PURPOSE: EDUCATION | $17,500 |
The Keith Campbell Foundation For The Environment Inc Bethesda, MD PURPOSE: GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $12 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania College Of Health Sciences Lancaster, PA | $80,772,993 | $33,230,495 |
Williamson College Of The Trades Media, PA | $207,934,843 | $21,643,146 |
O S Johnson School Of Technology Scranton, PA | $30,244,832 | $14,495,079 |
Laborers District Cncl Of The Metro Area Of Philadelhia & Vicinity Exton, PA | $71,995,191 | $16,510,639 |
Cedar Tree Academy Public Charter School Washington, DC | $23,312,011 | $10,362,283 |
Philadelphia Technician Training Inc Philadelphia, PA | $9,117,106 | $11,028,900 |
Meba Training Plan Baltimore, MD | $15,796,900 | $7,564,374 |
Accreditation Alliance Of Career Schools And Colleges Arlington, VA | $26,046,219 | $7,869,062 |
Sheet Metal Workers Joint Apprenticeship Fund Of Phila And V Philadelphia, PA | $4,123,037 | $2,186,646 |
The Philadelphia Academies Inc Philadelphia, PA | $1,578,698 | $2,820,169 |
Qualified Elevator Inspector Training Tr Columbia, MD | $488,825 | $1,547,894 |
Pittsburgh Film Makers Inc Pittsburgh, PA | $1,539,094 | $863,251 |