Maryland Association Of Community Action Agencies Inc
- Assets
- $724.8k
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Annapolis, MD
- Founding
- 05/1987
- Data as of
- 12/2023
- EIN
- 52-1470623
Organization Overview
Maryland Association Of Community Action Agencies Inc is located in Annapolis, MD. The organization was established in 1987. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maryland Association Of Community Action Agencies 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 12/2023, Maryland Association Of Community Action Agencies Inc generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 25.2% each year . All expenses for the organization totaled $2.2m during the year ending 12/2023. While expenses have increased by 26.8% per year over the past 8 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.
Since 2020, Maryland Association Of Community Action Agencies Inc has awarded 71 individual grants totaling $3,844,258. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION CONDUCTS ANNUAL CONFERENCE AND RETREATS ARE ATTENDED BY COMMUNITY ACTION AGENCIES STATEWIDE AND VARIOUS AGENCY REPRESENTATIVE AND THE GENERAL PUBLIC THE EVENTS PROMOTE THE IDEAS AND PROGRAMS OF COMMUNITY ACTION AGENCIES AND SERVES
AS A FORUM TO INFORM THE PUBLIC OF ANTI-POVERTY EFFORTS THROUGHOUT THE STATE. IN ADDITION, THE CAP AGENCIES OFFICERS AND STAFF ARE AFFORDED THE OPPORTUNITY TO ATTEND TRAINING WORKSHOPS AND SEMINARS PRESENTED BY VARIOUS EXPERTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Angela Martin Executive Director | 40 | $130,000 | |
Marilyn Neal Vice President | 8 | $0 | |
Wendolyn Mckenzie President | 8 | $0 | |
Freddy Mitchell Treasurer | 8 | $0 | |
Andrea Thomas Secretary | 12 | $0 | |
Tim Fisher Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,044,379 |
| Interest on Savings | $127 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $215,053 |
| Total Revenue | $2,259,559 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $130,000 |
| Other employee salaries and wages | $162,557 |
| Pension plans, employee benefits | $18,516 |
| Interest | $0 |
| Taxes | $19,819 |
| Depreciation | $0 |
| Occupancy | $31,300 |
| Travel, conferences, and meetings | $134,992 |
| Printing and publications | $1,222 |
| Other expenses | $132,020 |
| Total operating and administrative expenses | $1,148,056 |
| Contributions, gifts, grants paid | $1,050,500 |
| Total expenses and disbursements | $2,198,556 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $547,143 |
| Savings and temporary cash investments | $126,713 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $37,501 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,447 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $724,804 |
| Accounts payable and accrued expenses | $124,033 |
| Grants payable | $0 |
| Deferred revenue | $171,761 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $295,794 |
Grants Awarded
Over the last fiscal year, Maryland Association Of Community Action Agencies Inc has awarded $1,050,500 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
ANN ARUNDEL CNTY COMM ACTION AGENCY PURPOSE: 2 GENERATION WORK | $50,000 |
ALLEGANY COUNTY HRDC PURPOSE: 2 GENERATION WORK | $50,000 |
COMMUNITY ACTION COUNCIL OF HOWARD PURPOSE: 2 GENERATION WORK | $50,000 |
COMMUNITY ASSISTANCE NETWORK INC PURPOSE: 2 GENERATION WORK | $50,000 |
DELMARVA COMMUNITY SERVICES PURPOSE: 2 GENERATION WORK | $50,000 |
COMMUNITY ACTION ASSOC OF PENNSYLVA PURPOSE: REGIONAL PERFOMANCE INNOVATION CONSORTIUM WORK | $83,500 |