Maryland New Directions Inc
- Assets
- $2.8m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 23
- Location
- Baltimore, MD
- Founding
- 06/1975
- Data as of
- 06/2022
- EIN
- 52-1021365
Organization Overview
Maryland New Directions Inc is located in Baltimore, MD. The organization was established in 1975. According to its NTEE Classification (F60) the organization is classified as: Counseling, under the broad grouping of Mental Health & Crisis Intervention and related organizations. As of 06/2022, Maryland New Directions Inc employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maryland New Directions 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, Maryland New Directions Inc generated $1.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $1.3m during the year ending 06/2022. While expenses have increased by 9.3% 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
MARYLAND NEW DIRECTIONS IS A PRIVATE NONPROFIT CAREER COUNSELING, TRAINING AND EMPLOYMENT ASSISTANCE ORGANIZATION. MND'S MISSION IS TO TRAIN AND COACH PEOPLE FACING CAREER AND LIFE TRANSITIONS TO OVER COME BARRIERS, RESTORE SELF-BELIEF, AND ACQUIRE THE SKILLS AND TOOLS NEEDED TO SECURE EMPLOYMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARYLAND NEW DIRECTIONS OFFERS NO-COST EMPLOYMENT READINESS AND INDUSTRY SPECIFIC SKILLS TRAINING PROGRAMS SERVING ALL BALTIMORE RESIDENTS AGED 18-60, SPECIFICALLY TARGETING AND PREDOMINANTLY SERVING BALTIMORE CITY'S LOW-INCOME POPULATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Grace Lee Executive Dir. | Officer | 40 | $130,955 |
John Williams Director | Trustee | 1 | $0 |
Derek Court Director | Trustee | 1 | $0 |
Skip Case Director | Trustee | 1 | $0 |
Jason Dudderar Secretary | OfficerTrustee | 1 | $0 |
Gregory Murrill Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $796,951 |
| All other contributions, gifts, grants, and similar amounts not included above | $430,232 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,227,183 |
| Total Program Service Revenue | $394,252 |
| Investment income | $2,303 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $4,962 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,628,800 |
| 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. | $123,815 |
| Compensation of current officers, directors, key employees. | $49,526 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $742,365 |
| Pension plan accruals and contributions | $33,642 |
| Other employee benefits | $83,782 |
| Payroll taxes | $71,119 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,045 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,538 |
| Advertising and promotion | $42,520 |
| Office expenses | $8,127 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $84,161 |
| Travel | $0 |
| 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 | $1,941 |
| Insurance | $3,955 |
| All other expenses | $0 |
| Total functional expenses | $1,306,878 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $164,512 |
| Savings and temporary cash investments | $1,536,664 |
| Pledges and grants receivable | $80,000 |
| Accounts receivable, net | $441,834 |
| 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 | $10,821 |
| Net Land, buildings, and equipment | $9,669 |
| Investments—publicly traded securities | $526,975 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,000 |
| Total assets | $2,780,475 |
| Accounts payable and accrued expenses | $67,809 |
| Grants payable | $0 |
| Deferred revenue | $8,500 |
| 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 | $0 |
| Total liabilities | $76,309 |
| Net assets without donor restrictions | $2,679,166 |
| Net assets with donor restrictions | $25,000 |
| 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 | $2,780,475 |