Leadership Maryland Inc
- Assets
- $3.3m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 51
- Location
- Easton, MD
- Founding
- 02/1993
- Data as of
- 12/2023
- EIN
- 52-1804780
Organization Overview
Leadership Maryland Inc is located in Easton, MD. The organization was established in 1993. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2023, Leadership Maryland Inc employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Leadership Maryland 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, Leadership Maryland Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 9.0% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING A BETTER MARYLAND TAKES A SPECIAL KIND OF STRENGTH-THE KIND OF STRENGTH YOU'LL FIND EVERY DAY IN LEADERS THROUGHOUT OUR LOCAL BUSINESSES AND COMMUNITIES. AT LEADERSHIP MARYLAND, WE HARNESS THAT STRENGTH BY BRINGING TOGETHER LOCAL LEADERS FROM ALL SECTORS, INDUSTRIES, AND GEOGRAPHIC REGIONS OF OUR STATE-PEOPLE WITH A PASSION FOR MAKING MARYLAND THE BEST PLACE TO WORK AND LIVE. TOGETHER, WE ENGAGE ON THE VITAL ISSUES AFFECTING OUR STATE AND WORK TO BUILD SOLUTIONS FOR REAL, ACTIONABLE CHANGE.
Describe the Organization's Program Activity:
50 MARYLAND LEADERS FROM BUSINESS, NON-PROFIT ORGANIZATIONS, EDUCATION, AND THE PUBLIC SECTOR PARTICIPATED IN A YEAR-LONG PROGRAM FOCUSED ON THE STATE OF MARYLAND. LEADERS MET DURING EIGHT MONTHS OF THE YEAR IN DIFFERENT REGIONS OF THE STATE FOR A SERIES OF CLASSES AND HANDS-ON EXPERIENCES THAT HIGHLIGHTED LOCAL, REGIONAL, AND STATEWIDE ISSUES. PROSPECTIVES WERE BROADENED ON A NUMBER OF THE MOST SIGNIFICANT ISSUES FACING THE STATE, INCLUDING EDUCATION, HEALTH AND HUMAN SERIVES, CRIMINAL JUSTICE, ENVIRONMENT, AND DIVERSITY AND MULTI-CULTURALISM.
MARYLAND LEADERSHIP WORKSHOPS PROVIDES PEER LED LEADERSHIP TRAINING FOR MIDDLE AND HIGH SCHOOL STUDENTS THROUGH SUMMER AND PERIODIC OUTREACH PROGRAMS. PARTICIPANTS IN THE 2022 SUMMER PROGRAM, NUMBERING 119, INCLUDED MIDDLE AND HIGH SCHOOL STUDENTS FROM THE MID-ATLANTIC REGION AND BEYOND WHO TOOK PART IN THREE DIFFERENT LEADERSHIP PROGRAMS. THIS NUMBER WAS DOWN FROM PRE-PANDEMIC YEARS DUE TO AN EFFORT TO LIMIT PARTICIPANTS FOR HEALTH AND SAFETY CONCERNS RELATED TO THE COVID PANDEMIC WHICH WERE STILL LINGERING WITH PARENTS AT THAT TIME. PARTICIPANTS IN THE PERIODIC OUTREACH PROGRAMS, NUMBERING 90, INCLUDED TAILORED LEADERSHIP EXPERIENCES FOR MIDDLE AND HIGH SCHOOL STUDENTS ACROSS MARYLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Fike President An | Officer | 37.5 | $224,715 |
Jean Accius Vice Chair | OfficerTrustee | 5 | $0 |
Christopher Borgal Director | Trustee | 1 | $0 |
Kenneth Brannan Chair | OfficerTrustee | 5 | $0 |
Robert Brennan Director | Trustee | 1 | $0 |
Derryck Fletcher Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $102,815 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $210,517 |
| Noncash contributions included in lines 1a–1f | $16,150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $313,332 |
| Total Program Service Revenue | $612,030 |
| Investment income | $102,573 |
| 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 | $1,032,607 |
| 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 | $497,356 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $54,834 |
| Payroll taxes | $37,527 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,725 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,908 |
| Fees for services: Other | $0 |
| Advertising and promotion | $51,784 |
| Office expenses | $46,856 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,160 |
| 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 | $4,280 |
| Insurance | $11,473 |
| All other expenses | $5,722 |
| Total functional expenses | $1,291,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $279,423 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $129,120 |
| Accounts receivable, net | $19,198 |
| 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 | $8,769 |
| Net Land, buildings, and equipment | $2,288 |
| Investments—publicly traded securities | $2,888,393 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,067 |
| Total assets | $3,329,258 |
| Accounts payable and accrued expenses | $58,183 |
| Grants payable | $0 |
| Deferred revenue | $268,382 |
| 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 | $5,080 |
| Total liabilities | $331,645 |
| Net assets without donor restrictions | $2,752,229 |
| Net assets with donor restrictions | $245,384 |
| 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 | $3,329,258 |