MARYLAND INDEPENDENT SCHOOL CONSORTIUM

EIN: 463607796 Mutual Benefit

Crownsville, MD

Total Revenue
$1,059,069
Total Expenses
$208,600
Total Assets
$1,509,004
Net Assets
$1,509,004
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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
2013
Legal Domicile
MD
Principal Officer
Meg McClure
Phone
4109231171
Tax Period
2023-06-01 to 2024-05-31

MARYLAND INDEPENDENT SCHOOL CONSORTIUM, founded in 2013, is a community nonprofit in the Mutual Benefit sector that reported $1.1M in total revenue in fiscal year 2023. Revenue surged 20601% from the prior year, signaling strong growth momentum. The organization ran a surplus of $850K, a strong 80% operating margin.

Mission

The Maryland Independent School Consortium exists as a Voluntary Employee Beneficiary Association to provide or obtain access to welfare benefits, through insurance or otherwise, for eligible employee and employee dependents of private schools and their affiliates located in Maryland.

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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 $0
Program Service Revenue $0
Investment Income $30,139
Other Revenue $1,028,930
TOTAL REVENUE $1,059,069

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $207,765
Other Expenses $208,600
TOTAL EXPENSES $208,600

Year-over-Year Comparison

2023 2022 Change
Revenue $1,059,069 $5,116 +206.0%
Expenses $208,600 $441,977 -0.5%
Net Income $850,469 $-436,861 -2.9%
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
15
Independent Members
15
Employees
N/A
Volunteers
15

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
0
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Deborah Charbonneau Chairman 1
Director
$0 $0 $0
Ani Cook Vice Chairman 1
Director
$0 $0 $0
Meg McClure Treasurer 1
Director
$0 $0 $0
Anita Mudge Trustee 1
Director
$0 $0 $0
Robert Rinehardt Trustee 1
Director
$0 $0 $0
Nancy Kemmerer Trustee 1
Director
$0 $0 $0
Giso Ghassemi Trustee 1
Director
$0 $0 $0
Jennifer Hartranft Trustee 1
Director
$0 $0 $0
Sallie Magee Trustee 1
Director
$0 $0 $0
Scott Chidakel Trustee 1
Director
$0 $0 $0
Bridgette Morton Trustee 1
Director
$0 $0 $0
Lavender Bouwens Trustee 1
Director
$0 $0 $0
Tracey Cogliano Trustee 1
Director
$0 $0 $0
Troy Walters Trustee 1
Director
$0 $0 $0
Nicole Smith Trustee 1
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 No data No data No data No data
2024 $1,059,069 $208,600 $1,509,004 $850,469
2023 $5,116 $441,977 $1,053,491 $-436,861
2022 $56,599 $9,408 $1,490,352 $47,191
2021 $259,202 $11,310 $1,443,161 $247,892
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