MID ATLANTIC REGIONAL AIR MANAGEMENT ASSOCIATION INC

EIN: 412207612 501(c)(3) Environment

TOWSON, MD

Total Revenue
$1,601,630
Total Expenses
$1,612,433
Total Assets
$321,886
Net Assets
$-1,477
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
MD
Principal Officer
MARC CONE
Phone
4433220319
Tax Period
2023-10-01 to 2024-09-30

MID ATLANTIC REGIONAL AIR MANAGEMENT ASSOCIATION INC, founded in 1990, is a community nonprofit in the Environment sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

THE MID-ATLANTIC REGIONAL AIR MANAGEMENT ASSOCIATION, INC. WORKS TO STRENGTHEN THE SKILLS AND CAPABILITIES OF MEMBER AGENCIES AND HELP THEM WORK TOGETHER TO PREVENT AND REDUCE AIR POLLUTION IMPACTS IN THE MID- ATLANTIC REGION AND BEYOND. ACTIVITIES INCLUDE TRAINING WORKSHOPS, TECHNICAL STUDIES, AND COORDINATION.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,587,351
Program Service Revenue $14,007
Investment Income $205
Other Revenue $67
TOTAL REVENUE $1,601,630

Expense Breakdown

Grants Paid $714,143
Salaries & Benefits $529,350
Fundraising Expenses $0
Program Expenses $1,359,331
Other Expenses $368,940
TOTAL EXPENSES $1,612,433

Year-over-Year Comparison

2023 2022 Change
Revenue $1,601,630 $1,285,134 +0.2%
Expenses $1,612,433 $1,287,352 +0.3%
Net Income $-10,803 $-2,218 +3.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
10
Independent Members
10
Employees
8
Volunteers
10

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
5
$148,159
Total Directors
11
$148,159
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARC CONE SECRETARY 40.00
Officer Director
$136,173 $11,986 $148,159
LAURA CROWDER CHAIR 1.00
Officer Director
$0 $0 $0
CHRIS HOAGLAND VICE CHAIR 0.50
Officer Director
$0 $0 $0
JASON MARANCHE TREASURER 1.50
Officer Director
$0 $0 $0
ANGELA MARCONI PAST CHAIR 0.50
Officer Director
$0 $0 $0
MICHAEL ABRACXINSKAS DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL DOWD DIRECTOR 0.50
Director
$0 $0 $0
HANNAH ASHENAFI DIRECTOR 0.50
Director
$0 $0 $0
FRANCAIS STEITZ DIRECTOR 0.50
Director
$0 $0 $0
KASSAHUM SELLASIE DIRECTOR 0.50
Director
$0 $0 $0
NICHOLAS LAZOR DIRECTOR 0.50
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
2024 $1,601,630 $1,612,433 $321,886 $-10,803
2023 $1,285,134 $1,287,352 $559,703 $-2,218
2022 $1,483,665 $1,483,705 $405,009 $-40
2021 $1,756,559 $1,757,214 $333,347 $-655
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