Potomac Massage Training Institute Inc
- Assets
- $162.2k
- Revenue
- $376.3k
- Investments
- $0.0
- Employees
- 64
- Location
- Silver Spring, MD
- Founding
- 06/1983
- Data as of
- 08/2021
- EIN
- 52-1124583
Organization Overview
Potomac Massage Training Institute Inc is located in Silver Spring, MD. The organization was established in 1983. As of 08/2021, Potomac Massage Training Institute Inc employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Potomac Massage Training Institute 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 08/2021, Potomac Massage Training Institute Inc generated $376.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $401.6k during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (15.8%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
POTOMAC MASSAGE TRAINING INSTITUTE, A NATIONAL LEADER IN MASSAGE THERAPY EDUCATION, TRANSFORMS THE HEALTH AND WELL-BEING OF THE WASHINGTON, DC METROPOLITAN COMMUNITY THROUGH PROFESSIONAL DEVELOPMENT, TEACHING, AND TRAINING MASSAGE THERAPY METHODS/TECHNIQUES TO STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS THE PANDEMIC CONTINUED, PMTI EXERCISED RIGID COVID SAFETY PROTOCOLS AND CREATED SYSTEMS FOR VARIABLE CLASS START TIMES TO BEST ENSURE APPROPRIATE SAFETY IN THE CLASSROOM AND APPROPRIATE SOCIAL DISTANCING. OUR SKILL IN ONLINE ACADEMIC INSTRUCTION CONTINUED TO IMPROVE THROUGHOUT THE YEAR, AND THIS INVESTMENT AND ACQUIRED EXPERTISE WILL CONTINUE TO SERVE US WELL IN THE FUTURE. OUR CLINICS WERE FULLY AND SUCCESSFULLY REOPENED, AND PLANNING EFFORTS TO REOPEN PMTI'S CONTINUING EDUCATION DEPARTMENT WERE REFINED. OUR BOARD OF DIRECTORS WORKED ACTIVELY WITH PMTI'S THEN EXISTING LANDLORD TO OBTAIN A FULL MONETARY RELEASE FROM THE SCHOOL'S LEASE OBLIGATION, AND THIS ALLOWED THE SCHOOL TO SEEK A LOCATION THAT WOULD MEET A BUDGETARY NEED FOR "RIGHT-SIZING". THE SCHOOL PLANNED, AND THE NEW LANDLORD EXECUTED, A BUILDOUT TO MEET THE NEEDS OF PMTI, AND ONE MONTH AFTER THE CLOSE OF THE PHYSICAL YEAR, THE SCHOOL MOVED TO 8701 GEORGIA AVENUE. THE INVESTMENT OF TIME, CAPITAL AND ENERGY ON THE PART OF THE BOARD INSURED THE SCHOOL'S SUCCESS IN THIS ENDEAVOR. THE SCHOOL WAS READIED TO FULLY REOPEN IN ITS NEW LOCATION PRIOR TO THE FISCAL YEAR END, AND THIS PLANNING RESULTED IN A SMOOTH TRANSITION TO A NEW LOCATION ON OCTOBER 1, 2021.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tamera Gelman Executive Director | OfficerTrustee | 40 | $64,733 |
Brenda Rayner Assistant Treasurer | OfficerTrustee | 2.5 | $39,418 |
Isaac Rabi Chair | OfficerTrustee | 0.5 | $0 |
Sandra Mateko Dankwa Vice President | OfficerTrustee | 0.5 | $0 |
Sharon L Conn Treasurer & Secretary | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $80,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $69,268 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $149,868 |
| Total Program Service Revenue | $241,601 |
| 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 | -$15,165 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $376,304 |
| 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. | $87,416 |
| Compensation of current officers, directors, key employees. | $48,391 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $162,680 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $30,694 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,957 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,510 |
| Advertising and promotion | $16,197 |
| Office expenses | $17,746 |
| Information technology | $16,019 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,113 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $940 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $20,709 |
| All other expenses | $0 |
| Total functional expenses | $401,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $70,697 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $50,699 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,987 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $21,794 |
| Total assets | $162,177 |
| Accounts payable and accrued expenses | $76,925 |
| Grants payable | $0 |
| Deferred revenue | $36,971 |
| 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 | $6,643 |
| Unsecured mortgages and notes payable | $135,600 |
| Other liabilities | $4,279 |
| Total liabilities | $260,418 |
| Net assets without donor restrictions | -$98,241 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $162,177 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Potomac Massage Training Institute Inc has recieved totaling $4,500.
| Awarding Organization | Amount |
|---|---|
David S Shrager Foundation Mcclean, VA PURPOSE: GENERAL FUND | $4,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Home Lifecare Manhattan New York, NY | $92,070,146 | $86,814,145 |
Upmc Lititz Harrisburg, PA | $81,864,299 | $83,139,500 |
Philadelphia Post-Acute Partnersllc Philadelphia, PA | $76,499,158 | $101,068,675 |
Carbon Schiylkill Community Hospital Inc Allentown, PA | $59,769,388 | $99,125,691 |
Licking Memorial Professional Corporation Newark, OH | $22,762,276 | $47,650,568 |
Saint Marys Hospital For Children Inc Bayside, NY | $163,358,524 | $102,313,252 |
Butler Medical Providers Butler, PA | $19,248,313 | $87,438,557 |
Care Design New York Llc Albany, NY | $58,406,708 | $119,726,125 |
Community Health Project Inc New York, NY | $98,075,603 | $99,211,868 |
Rome Memorial Hospital Inc Rome, NY | $72,806,706 | $103,415,729 |
Cayuga Medical Associates Pc Ithaca, NY | $9,424,563 | $97,237,418 |
Medical Care Of Queens Pc Westbury, NY | $21,678,110 | $91,754,608 |