The Maryland Psychiatric Society Inc

EIN: 520888193

Baltimore, MD

Total Revenue
$295,776
Total Expenses
$304,557
Total Assets
$520,115
Net Assets
$372,103
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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
1963
Legal Domicile
MD
Principal Officer
Theodora Balis
Phone
4106250232
Tax Period
2025-01-01 to 2025-12-31

The Maryland Psychiatric Society Inc, founded in 1963, is a small nonprofit that reported $296K in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year.

Mission

Advocate for MD residents living with mental health and substance use disorders to receive the highest quality care Work to ensure that historically disadvantaged and marginalized individuals have access to culturally respectful, comprehensive treatment Serve and represent the professional needs of Maryland psychiatrists, including underrepresented and diverse voices within the psychiatric community

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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 (2025)

Revenue Breakdown

Contributions & Grants $222,819
Program Service Revenue $19,924
Investment Income $9,860
Other Revenue $43,173
TOTAL REVENUE $295,776

Expense Breakdown

Grants Paid $0
Salaries & Benefits $176,238
Fundraising Expenses $0
Other Expenses $128,319
TOTAL EXPENSES $304,557

Year-over-Year Comparison

2025 2024 Change
Revenue $295,776 $346,037 -0.1%
Expenses $304,557 $345,280 -0.1%
Net Income $-8,781 $757 -12.6%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
20
Independent Members
20
Employees
2
Volunteers
108

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
3
$0
Total Directors
21
$106,744
Key Employees
1
$106,744
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mary Cutler MD Councilor 1.00
Director
$0 $0 $0
Theodora G Balis MD Council Chair 1.00
Director
$0 $0 $0
Taylor Scott MD Councilor 1.00
Director
$0 $0 $0
Traci Speed MD Councilor 1.00
Director
$0 $0 $0
Cynthia Major Lewis M D Councilor 1.00
Director
$0 $0 $0
Tyler C Hightower MD President- Elect 1.00
Officer Director
$0 $0 $0
Rachna Raisinghani MD Councilor 1.00
Director
$0 $0 $0
Ronald F Means MD President 1.00
Officer Director
$0 $0 $0
Melissa Lavoie MD Councilor 1.00
Director
$0 $0 $0
Jessica V Merkel- Keller MD Past President 1.00
Director
$0 $0 $0
Adefolake AkinsanyaMD APA ASSEMBLY REPRESENTATIVE 1.00
Director
$0 $0 $0
Michael A Young MD MS Secretary- Treasurer 1.00
Officer Director
$0 $0 $0
Matthew Brandt MD Councilor 1.00
Director
$0 $0 $0
Stephanie Knight MD Councilor 1.00
Director
$0 $0 $0
Brian Zimnitzky MD APA ASSEMBLY REPRESENTATIVE 1.00
Director
$0 $0 $0
Elias K Shaya MD APA ASSEMBLY REPRESENTATIVE 1.00
Director
$0 $0 $0
Mark S Komrad MD Councilor 1.00
Director
$0 $0 $0
Benedicto R Borja MD Councilor 1.00
Director
$0 $0 $0
Meagan Floyd Executive Director 40.00
Director Key Emp
$0 $11,378 $106,744
Carol Vidal MD Past President 1.00
Director
$0 $0 $0
Enrique I Oviedo MD MedChi Delegate 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 $295,776 $304,557 $520,115 $-8,781
2024 $346,037 $345,280 $538,973 $757
2023 $459,889 $347,906 $554,101 $111,983
2022 $294,810 $307,447 $441,099 $-12,637
2021 $290,503 $288,290 $445,114 $2,213
2020 $304,699 $308,203 $428,935 $-3,504
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