TECHNOLOGY COUNCIL OF MARYLAND (EIN 204950778) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

KELLY SCHULZ

Phone

2402434026

Tax Period

2024-07-01 to 2025-06-30

TECHNOLOGY COUNCIL OF MARYLAND, founded in 2006, is a community nonprofit in the Community Improvement sector that reported $4.8M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year.

Mission

TO PROMOTE ITS MEMBERS IN THE ADVANCED TECHNOLOGY AND LIFE SCIENCE INDUSTRIES IN MARYLAND.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,591,850

Program Service Revenue $1,128,113

Investment Income $0

Other Revenue $101,676

TOTAL REVENUE $4,821,639

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,382,290

Fundraising Expenses $0

Other Expenses $3,586,814

TOTAL EXPENSES $4,969,104

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,821,639	$5,470,329	-0.1%
Expenses	$4,969,104	$4,991,365	0.0%
Net Income	$-147,465	$478,964	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

100

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$497,337

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRAD STEWART	BOARD CHAIR	10.00	Officer Director	$0	$0	$0
DAVID TOHN	BOARD VICE-CHAIR	10.00	Officer Director	$0	$0	$0
STEVEN MELTZER	BOARD SECRETARY	10.00	Officer Director	$0	$0	$0
MICHAEL BUHER	BOARD TREASURER	10.00	Officer Director	$0	$0	$0
ALAN LANGELLI	BOARD MEMBER	5.00	Director	$0	$0	$0
ALEXANDER NUNEZ	BOARD MEMBER	5.00	Director	$0	$0	$0
ALLYSON BLACK-WOODSON	BOARD MEMBER	5.00	Director	$0	$0	$0
AMANDA ROSENTHAL	BOARD MEMBER	5.00	Director	$0	$0	$0
BRET SCHREIBER	BOARD MEMBER	5.00	Director	$0	$0	$0
BRYAN HUGHES	BOARD MEMBER	5.00	Director	$0	$0	$0
CJ OVERLY	BOARD MEMBER	5.00	Director	$0	$0	$0
CHARLES CRAWFORD	BOARD MEMBER	5.00	Director	$0	$0	$0
DANIEL COCHRAN	BOARD MEMBER	5.00	Director	$0	$0	$0
DAVID BUONORA	BOARD MEMBER	5.00	Director	$0	$0	$0
DEAN MERRITT	BOARD MEMBER	5.00	Director	$0	$0	$0
DERON JOHNSON	BOARD MEMBER	5.00	Director	$0	$0	$0
GERALD ESCOBAR	BOARD MEMBER	5.00	Director	$0	$0	$0
GREG STONE	BOARD MEMBER	5.00	Director	$0	$0	$0
GREG TSELIKIS	BOARD MEMBER	5.00	Director	$0	$0	$0
JACOB GREENWOOD	BOARD MEMBER	5.00	Director	$0	$0	$0
JAMES CRIFASI	BOARD MEMBER	5.00	Director	$0	$0	$0
JEFF BATHURST	BOARD MEMBER	5.00	Director	$0	$0	$0
JEFF GRIFFIN	BOARD MEMBER	5.00	Director	$0	$0	$0
JONATHAN SACHS	BOARD MEMBER	5.00	Director	$0	$0	$0
JUDY JENKINS	BOARD MEMBER	5.00	Director	$0	$0	$0
KATIE MCEVOY	BOARD MEMBER	5.00	Director	$0	$0	$0
KIRKLAND MURRAY	BOARD MEMBER	5.00	Director	$0	$0	$0
MACEY SMITH	BOARD MEMBER	5.00	Director	$0	$0	$0
MARKUS WEISS	BOARD MEMBER	5.00	Director	$0	$0	$0
MATT MEEHAN	BOARD MEMBER	5.00	Director	$0	$0	$0
MATTHEW BRADY	BOARD MEMBER	5.00	Director	$0	$0	$0
MATTHEW SHIFFERMILLER	BOARD MEMBER	5.00	Director	$0	$0	$0
NAREN KADABA	BOARD MEMBER	5.00	Director	$0	$0	$0
PATRICK STONE	BOARD MEMBER	5.00	Director	$0	$0	$0
PAUL PLYMOUTH	BOARD MEMBER	5.00	Director	$0	$0	$0
RAJAN NATARAJAN	BOARD MEMBER	5.00	Director	$0	$0	$0
RENEE IACONA	BOARD MEMBER	5.00	Director	$0	$0	$0
ROB CORRADI	BOARD MEMBER	5.00	Director	$0	$0	$0
RODNEY WILLIAMS	BOARD MEMBER	5.00	Director	$0	$0	$0
SILVIA TAYLOR	BOARD MEMBER	5.00	Director	$0	$0	$0
STEVEN WALKER	BOARD MEMBER	5.00	Director	$0	$0	$0
TIMOTHY LYDEN	BOARD MEMBER	5.00	Director	$0	$0	$0
TROY LEMAILE-STOVALL	BOARD MEMBER	5.00	Director	$0	$0	$0
KELLY SCHULZ	CEO	40.00	Officer	$263,508	$24,088	$287,596
MICHELLE FERRONE	COO	40.00	Officer	$188,471	$21,270	$209,741
WENDY WORM	VP MARKETING AND EVENTS	40.00	Highest	$137,500	$15,223	$152,723
PAMELA LUBEL	VP MEMBERSHIP	40.00	Highest	$102,006	$17,570	$119,576

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$4,821,639	$4,969,104	$3,958,539	$-147,465
2024	No data	No data	No data	No data
2023	$3,573,182	$3,732,875	$3,941,886	$-159,693
2022	$2,795,155	$2,935,738	$1,077,501	$-140,583
2021	$2,530,909	$2,060,884	$1,120,941	$470,025
2020	$1,654,134	$1,559,998	$1,358,966	$94,136
2019	$2,120,024	$1,791,434	$947,542	$328,590
2018	$1,797,716	$1,492,655	$675,901	$305,061

TECHNOLOGY COUNCIL OF MARYLAND