OIC OF ANNE ARUNDEL COUNTY INC

EIN: 521116510 501(c)(3)

ANNAPOLIS, MD

Total Revenue
$221,634
Total Expenses
$192,762
Total Assets
$61,725
Net Assets
$51,725
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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
1978
Legal Domicile
MD
Principal Officer
Jesse Raudales
Phone
4439515645
Tax Period
2024-07-01 to 2025-06-30

OIC OF ANNE ARUNDEL COUNTY INC, founded in 1978, is a small nonprofit that reported $222K in total revenue in fiscal year 2024. Expenses of $193K left a modest 13% surplus.

Mission

Provide training and job placement for low income persons. OIC believes in the capacity of all individuals to grow and become self reliant if provided with job skills, life skills and proper motivation.

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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 (2024)

Revenue Breakdown

Contributions & Grants $221,634
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $221,634

Expense Breakdown

Grants Paid $0
Salaries & Benefits $78,961
Fundraising Expenses $0
Program Expenses $192,762
Other Expenses $113,801
TOTAL EXPENSES $192,762

Year-over-Year Comparison

2024 2023 Change
Revenue $221,634 $222,878 0.0%
Expenses $192,762 $190,729 +0.0%
Net Income $28,872 $32,149 -0.1%
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
1
Volunteers
4

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
1
$73,326
Total Directors
11
$73,326
Key Employees
1
$73,326
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jesse Raudales Executive Director 040.00
Officer Director Key Emp Highest
$73,326 $0 $73,326
Corlie McCormick Board Member 002.00
Director
$0 $0 $0
Pamela RJ Browne MHS President 002.00
Director
$0 $0 $0
Alva Sheppard-Johnson Board Member 002.00
Director
$0 $0 $0
Veronica B Williams Board Member 002.00
Director
$0 $0 $0
Helen T Turner Board Member 002.00
Director
$0 $0 $0
Sergio Polanco Board Member 002.00
Director
$0 $0 $0
David A Brown Board Member 002.00
Director
$0 $0 $0
Vernon Osborne III Board Member 002.00
Director
$0 $0 $0
Ken Baughman Board Member 002.00
Director
$0 $0 $0
Alfreda P Adams Board Member 002.00
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 $221,634 $192,762 $61,725 $28,872
2024 $222,878 $190,729 $33,853 $32,149
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