BALTIMORE YEARLY MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS INC

EIN: 520856309 501(c)(3) Religion

SANDY SPRING, MD

Total Revenue
$2,863,652
Total Expenses
$2,784,823
Total Assets
$5,266,097
Net Assets
$5,122,386
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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
1968
Legal Domicile
MD
Principal Officer
JAMES T RILEY
Phone
3017747663
Tax Period
2023-01-01 to 2023-12-31

BALTIMORE YEARLY MEETING OF THE RELIGIOUS SOCIETY OF FRIENDS INC, founded in 1968, is a community nonprofit in the Religion sector that reported $2.9M in total revenue in fiscal year 2023.

Mission

PROMOTE RELIGIOUS, CHARITABLE, AND EDUCATIONAL INTERESTS OF ITS MEMBERS AND CONSTITUENTS.

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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 $1,196,140
Program Service Revenue $1,504,559
Investment Income $132,191
Other Revenue $30,762
TOTAL REVENUE $2,863,652

Expense Breakdown

Grants Paid $42,800
Salaries & Benefits $1,555,448
Fundraising Expenses $83,642
Program Expenses $2,196,712
Other Expenses $1,186,575
TOTAL EXPENSES $2,784,823

Year-over-Year Comparison

2023 2022 Change
Revenue $2,863,652 $2,830,689 +0.0%
Expenses $2,784,823 $2,613,467 +0.1%
Net Income $78,829 $217,222 -0.6%
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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Governance

Voting Members
9
Independent Members
9
Employees
161
Volunteers
300

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
8
$128,448
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SARAH GILLOOLY GENERAL SECRETARY 46.0
Officer
$113,254 $15,194 $128,448
STEPHANIE BEAN TRUSTEE AND PRESIDING CLERK 15.0
Officer Director
$0 $0 $0
JAMES T RILEY TRUSTEE and TREASURER 10.0
Officer Director
$0 $0 $0
MARION BALLARD TRUSTEE 5.0
Director
$0 $0 $0
DANTE BUCCI TRUSTEE 1.0
Director
$0 $0 $0
THOMAS FARQUHAR TRUSTEE 2.0
Director
$0 $0 $0
RICHARD LIVERSIDGE TRUSTEE 1.0
Director
$0 $0 $0
VICTOR THURONYI TRUSTEE (FROM 9/23) 8.0
Director
$0 $0 $0
TACY ROBY TRUSTEE (FROM 9/23) 0.5
Director
$0 $0 $0
RICHARD THAYER TRUSTEE 2.0
Director
$0 $0 $0
Byron Sanford Trustee (til 9/23) 2.0
Director
$0 $0 $0
Kathryn Schutz Trustee (til 9/23) 0.5
Director
$0 $0 $0
ANNA MCCORMALLY RECORDING CLERK-YEARLY MTG 1.0
Officer
$0 $0 $0
THOMAS DUBBS CLERK INTERIM MTG (FROM 9/23) 15.0
Officer
$0 $0 $0
DEBORAH HAINES RECORDING CLERK-INTERIM MTG 1.0
Officer
$0 $0 $0
TERENCE MCCORMALLY ASSISTANT TREASURER 2.0
Officer
$0 $0 $0
Bette Hoover Clerk of Int. Meet. (til 9/23) 15.0
Officer
$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 No data No data No data No data
2023 $2,863,652 $2,784,823 $5,266,097 $78,829
2022 $2,830,689 $2,613,467 $5,063,736 $217,222
2021 $2,381,749 $1,975,313 $5,573,222 $406,436
2020 $1,419,926 $1,275,606 $5,003,489 $144,320
2019 $2,267,303 $2,056,592 $4,601,333 $210,711
2018 $2,003,541 $1,896,682 $4,510,045 $106,859
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