FEED ST MARYS INC

🔒

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

2019

Legal Domicile

Phone

3014816657

Tax Period

2020-01-01 to 2020-12-31

FEED ST MARYS INC, founded in 2019, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $275K in total revenue in fiscal year 2020. The organization ran a surplus of $171K, a strong 62% operating margin.

Mission

Feed St. Mary's is a Food Bank, serving St. Mary's County, MD.. Feed St. Mary's, Inc. exists to alleviate food insecurity throughout St. Mary's County, MD. with the objective of eventually making St. Mary's County free from hunger.

Program Service Accomplishments

Program 1

Expenses: $27,000 Revenue: $27,000

The Maryland Department of Human Services, through St. Mary's County made $30,000 available to offset COVID induced hunger in ate 2020, with the proviso that the funds had to be expended by Feed St. Mary's by the end of the fiscal year. To accommodate this requirement, Feed St. Marys distributed $1,000 grants to each of 17 identified food pantries and soup kitchens to help reduce their COVID related burden. The remaining $13,000 was used to purchase grocery store debit cards to go towards the purchase of protein as needed by the pantries and soup kitchens in St. Mary's County. MD. The FY20 issued checks in 2020 and after some monumental mail delays, all but three cleared bank before the end of the FY, thus the reported difference between expenses and income. The remaining checks did post in early FY 2021. Similarly, the $30,000 grant funds were also lost in the mail and did not arrive until after he start of the new year.

Program 2

Expenses: $3,482 Revenue: $3,482

Feed St. Mary's was initiated under the auspices of the Lexington park Rotary Foundation in 2019. It became an independent 501(c)3 in 2020, just about the time that COVID lockdowns took effect. At...

Feed St. Mary's was initiated under the auspices of the Lexington park Rotary Foundation in 2019. It became an independent 501(c)3 in 2020, just about the time that COVID lockdowns took effect. At this time, Feed St. Mary's also became a partner with the Maryland Food Bank, allowing purchase of low-cost food through this vital entity. The Maryland Food bank, was, in turn, the recipient of COVID relieffunds and, for the duration of the Fiscal Year, was able to offer food to its constituent members at no cost. As a result, Feed. St. Mary's was able to fully exercise its mission to stay on top of food demand in St. Mary's County, MD with minimal out of pocket expense to buy food directly in Fiscal Year 2020.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $278,279

Program Service Revenue $0

Investment Income $0

Other Revenue $-3,729

TOTAL REVENUE $274,550

Expense Breakdown

Grants Paid $30,482

Salaries & Benefits $0

Fundraising Expenses $953

Program Expenses $30,482

Other Expenses $73,475

TOTAL EXPENSES $103,957

Year-over-Year Comparison

	2020	2019	Change
Revenue	$274,550	N/A	N/A
Expenses	$103,957	N/A	N/A
Net Income	$170,593	$0	N/A

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

N/A

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

Total Directors

Key Employees

$21,848

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Mr Wayne Millen	A1099 Warehouse Manager	20	Key Emp Highest	$10,924	$10,924	$21,848
Dr Linda Lymas	BoD President	20	Officer Director	$0	$0	$0
Ms Julie Randall	BoD Vice President	5	Officer Director	$0	$0	$0
Rev Greg Syler	BoD Secretary	5	Officer Director	$0	$0	$0
George Hurlburt	BoD Treasurer	20	Officer Director	$0	$0	$0
Rev Charlie Wharton	BoD Member	10	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
2020	$274,550	$103,957	$228,164	$170,593