SOUTHERN MARYLAND ASSOCIATION OF REALTORS INC (EIN 237371544) - 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

1971

Legal Domicile

Principal Officer

RICHARD J MARSHALL

Phone

3012744406

Tax Period

2024-07-01 to 2025-06-30

SOUTHERN MARYLAND ASSOCIATION OF REALTORS INC, founded in 1971, is a small nonprofit that reported $910K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. Expenses of $1.1M exceeded revenue, resulting in a 20% operating deficit.

Mission

PROMOTE REAL ESTATE STANDARDS

🔒

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 $0

Program Service Revenue $797,311

Investment Income $82,024

Other Revenue $30,981

TOTAL REVENUE $910,316

Expense Breakdown

Grants Paid $0

Salaries & Benefits $528,540

Fundraising Expenses $0

Other Expenses $562,139

TOTAL EXPENSES $1,090,679

Year-over-Year Comparison

	2024	2023	Change
Revenue	$910,316	$1,115,218	-0.2%
Expenses	$1,090,679	$1,186,076	-0.1%
Net Income	$-180,363	$-70,858	+1.5%

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

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

$211,683

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICHARD MARSHALL	CHIEF EXECUTIVE OFFICER	40.00	Officer	$183,654	$28,029	$211,683
HELEN MATTINGLY WERNECKE	PRESIDENT	1.00	Officer Director	$0	$0	$0
ANNETTE MATTHEWS	PRESIDENT-ELECT	1.00	Officer Director	$0	$0	$0
JENNIFER ANDERSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICK HILWIG	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
TRACY VASQUEZ	IMMEDIATE PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
JUDY SZYNBORSKI	CALVERT COUNTY DIRECTOR	1.00	Director	$0	$0	$0
KAYLEE REDIKER	CHARLES COUNTY DIRECTOR	1.00	Director	$0	$0	$0
JULIE FULLER	CALVERT COUNTY DIRECTOR	1.00	Director	$0	$0	$0
MONICA WRIGHT	CHARLES COUNTY DIRECTOR	1.00	Director	$0	$0	$0
BILLY RABBITT	ST. MARYS COUNTY DIRECTOR	1.00	Director	$0	$0	$0
IRIS MCCOLLAM	ST. MARYS COUNTY DIRECTOR	1.00	Director	$0	$0	$0
JIM MORAN	AFFILIATE DIRECTOR	1.00	Director	$0	$0	$0
CHRIS HILL	MARYLAND REALTORS OFFICER REPRESENTATIVE	1.00	Director	$0	$0	$0

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	$910,316	$1,090,679	$2,647,312	$-180,363
2024	$1,115,218	$1,186,076	$2,858,728	$-70,858
2023	$1,311,461	$1,180,754	$2,908,971	$130,707
2022	$970,611	$1,036,679	$2,652,658	$-66,068
2021	$976,382	$1,029,838	$2,952,825	$-53,456
2020	$901,191	$929,032	$2,787,281	$-27,841
2019	$954,571	$942,680	$2,777,579	$11,891

SOUTHERN MARYLAND ASSOCIATION OF REALTORS INC