Oic Of Anne Arundel County Inc
- Assets
- $33.9k
- Revenue
- $222.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Annapolis, MD
- Founding
- 02/1982
- Data as of
- 06/2024
- EIN
- 52-1116510
Organization Overview
Oic Of Anne Arundel County Inc is located in Annapolis, MD. The organization was established in 1982. According to its NTEE Classification (J20) the organization is classified as: Employment Preparation & Procurement, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oic Of Anne Arundel County 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 06/2024, Oic Of Anne Arundel County Inc generated $222.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.7% each year . All expenses for the organization totaled $190.7k during the year ending 06/2024. While expenses have increased by 13.0% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE TRAINING AND JOB PLACEMENT FOR LOW INCOME PERSONS. OIC BELIEVES IN THE CAPACITY OF ALL INDIVIDUALS TO GROW AND BECOME SELF RELIANT IF PROVIDED WITH JOB SKILLS, LIFE SKILLS AND PROPER MOTIVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING TRAINING AND JOB PLACEMENT FOR LOW INCOME PERSONS. OIC BELIEVES IN THE CAPACITY OF ALL INDIVIDUALS TO GROW AND BECOME SELF RELIANT IF PROVIDED JOB SKILLS, LIFE SKILLS AND PROPER MOTIVATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jesse Raudales Executive Director | OfficerTrustee | 40 | $56,013 |
Corlie Mccormick Board Member | Trustee | 2 | $0 |
Pamela Rj Browne Mhs President | Trustee | 2 | $0 |
Alva Sheppard-Johnson Board Member | Trustee | 2 | $0 |
Veronica B Williams Board Member | Trustee | 2 | $0 |
Helen T Turner Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $222,878 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $222,878 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $222,878 |
| 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. | $66,046 |
| 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 | $4,514 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,344 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $37,503 |
| Advertising and promotion | $977 |
| Office expenses | $8,305 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,341 |
| Travel | $3,343 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $857 |
| Interest | $1,535 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $417 |
| Insurance | $3,405 |
| All other expenses | $2,343 |
| Total functional expenses | $190,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $29,856 |
| Savings and temporary cash investments | $0 |
| 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 | $603 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,394 |
| Total assets | $33,853 |
| Accounts payable and accrued expenses | $0 |
| 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 | $11,000 |
| Other liabilities | $0 |
| Total liabilities | $11,000 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $22,853 |
| Total liabilities and net assets/fund balances | $33,853 |