MAKE-A-WISH FOUNDATION OF THE MID-ATLANTIC INC

EIN: 521306075 501(c)(3)

BETHESDA, MD

Total Revenue
$6,712,778
Total Expenses
$7,798,649
Total Assets
$7,344,339
Net Assets
$4,846,435
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
MD
Principal Officer
LESLI CREEDON
Phone
3019629474
Tax Period
2023-09-01 to 2024-08-31

MAKE-A-WISH FOUNDATION OF THE MID-ATLANTIC INC, founded in 1983, is a community nonprofit that reported $6.7M in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year. Expenses of $7.8M exceeded revenue, resulting in a 16% operating deficit.

Mission

THE MAKE-A-WISH FOUNDATION OF THE MID-ATLANTIC CREATES LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES.

Program Service Accomplishments

Program 1
Expenses: $5,132,430 Revenue: $9,300

MAKE-A-WISH MID-ATLANTIC'S MISSION IS SIMPLE: TO CREATE LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. EVERY YEAR, APPROXIMATELY 450 CHILDREN (BETWEEN THE AGES OF 2.5 AND 18) IN MARYLAND...

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MAKE-A-WISH MID-ATLANTIC'S MISSION IS SIMPLE: TO CREATE LIFE-CHANGING WISHES FOR CHILDREN WITH CRITICAL ILLNESSES. EVERY YEAR, APPROXIMATELY 450 CHILDREN (BETWEEN THE AGES OF 2.5 AND 18) IN MARYLAND, WASHINGTON, D.C., AND NORTHERN VIRGINIA RECEIVE A DIAGNOSIS THAT QUALIFIES THEM FOR MAKE-A-WISH AND EVERY ONE OF THEIR WISHES WILL COME TRUE. THE ORGANIZATION GRANTED 376 LIFE-CHANGING WISHES IN FY2024 (YEAR ENDING AUGUST 31, 2024). THE TOTAL COST FOR THE WISHES GRANTED IN FY2024 WAS $5,967,870. OF THIS AMOUNT, $895,323 WAS CONTRIBUTED BY VARIOUS VENDORS WHO PROVIDED IN-KIND CONTRIBUTIONS SUCH AS TRAVEL AND TRAVEL SERVICES, TRANSPORTATION AND OTHER SERVICES AND USE OF FACILITIES FOR FULFILL A CHILD'S WISH. FOR FINANCIAL STATEMENT PURPOSES, THESE AMOUNTS ARE INCLUDED AS CONTRIBUTION REVENUE AND GRANTED WISH EXPENSE. FOR FORM 990, HOWEVER, THE IRS REQUIRES THIS AMOUNT BE EXCLUDED FROM REVENUE AND EXPENSE. A WISH PROVIDES A CHILD AND THEIR FAMILY WITH HOPE, STRENGTH, AND JOY DURING THEIR MOST CHALLENGING TIMES. A WISH ISN'T JUST NICE; IT'S NECESSARY. 98% OF MEDICAL PROVIDERS SAY A WISH IMPROVES A CHILD'S EMOTIONAL AND PHYSICAL WELL-BEING AND OVERALL QUALITY OF LIFE. FOR CHILDREN WITH A CRITICAL ILLNESS, DAYS FILLED WITH CHILDHOOD JOYS ARE TRADED FOR MEDICAL APPOINTMENTS AND HOSPITAL STAYS. THEY MISS OUT ON TIME WITH FAMILY, SIBLINGS AND FRIENDS. FOR THESE CHILDREN A WISH IS A GAME-CHANGER. A WISH CAN BE THAT SPARK THAT HELPS THEM BELIEVE THAT ANYTHING IS POSSIBLE AND GIVES THEM THE STRENGTH TO FIGHT HARDER AGAINST THEIR ILLNESSES. WISHES WE GRANT FOR CHILDREN WITH CRITICAL ILLNESSES ARE NOT FLEETING GIFTS. IT'S MORE THAN THE TRIP, THE BOAT OR MEETING A CELEBRITY THAT MATTER MOST. IT'S THE LIFE-CHANGING IMPACT. EACH WISH IS A PIVOTAL EXPERIENCE DURING A CHILD'S MEDICAL JOURNEY THAT OFTEN IMPROVES THEIR HEALTH AND QUALITY OF LIFE AND ALWAYS BRINGS HOPE AND JOY. MAKE-A-WISH MID-ATLANTIC IS COMMITTED TO ENSURING ALL ELIGIBLE CHILDREN HAVE ACCESS TO AN IMPACTFUL AND EQUITABLE WISH REGARDLESS OF THEIR RACE, GENDER, ABILITIES, VALUES, BELIEFS, EXPERIENCES, BACKGROUNDS, PREFERENCES, BEHAVIORS, SOCIOECONOMIC STATUS, PHYSICAL APPEARANCE, AGE, SEXUAL ORIENTATION/IDENTITY, AND MORE.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,575,848
Program Service Revenue $9,300
Investment Income $183,159
Other Revenue $-55,529
TOTAL REVENUE $6,712,778

Expense Breakdown

Grants Paid $3,536,704
Salaries & Benefits $2,775,067
Fundraising Expenses $1,589,683
Program Expenses $5,132,430
Other Expenses $1,486,878
TOTAL EXPENSES $7,798,649

Year-over-Year Comparison

2023 2022 Change
Revenue $6,712,778 $7,332,953 -0.1%
Expenses $7,798,649 $7,513,575 +0.0%
Net Income $-1,085,871 $-180,622 +5.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
25
Independent Members
25
Employees
31
Volunteers
416

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
6
$546,563
Total Directors
25
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JASON PAPPAS BOARD CHAIR 2.00
Officer Director
$0 $0 $0
LAURA FUENTES VICE CHAIR 2.00
Officer Director
$0 $0 $0
ORENZO PERRY HOLLOWELL TREASURER 2.00
Officer Director
$0 $0 $0
DAVID GOLDBERG SECRETARY 2.00
Officer Director
$0 $0 $0
EDWARD BARRY DIRECTOR 2.00
Director
$0 $0 $0
JOHN BEEKLEY DIRECTOR 2.00
Director
$0 $0 $0
KATHERINE BERMAN DIRECTOR 2.00
Director
$0 $0 $0
MARK CABREY DIRECTOR 2.00
Director
$0 $0 $0
JENNIFER CARSON DIRECTOR 2.00
Director
$0 $0 $0
AUGUST AUGIE CHIASERA DIRECTOR 2.00
Director
$0 $0 $0
ELLEN CONNORS DIRECTOR 2.00
Director
$0 $0 $0
LAIRD CREIGHTON DIRECTOR 2.00
Director
$0 $0 $0
ADAM DUMEY DIRECTOR 2.00
Director
$0 $0 $0
SUSAN FIORELLA DIRECTOR 2.00
Director
$0 $0 $0
DAVID HESS DIRECTOR 2.00
Director
$0 $0 $0
PRITPAL RAHMAN KALSI DIRECTOR 2.00
Director
$0 $0 $0
SOPHIE LAMONTAGNE DIRECTOR 2.00
Director
$0 $0 $0
ELENI MONIOS DIRECTOR 2.00
Director
$0 $0 $0
VICTORIA LION MONROE DIRECTOR 2.00
Director
$0 $0 $0
JOEL NIAMIEN DIRECTOR 2.00
Director
$0 $0 $0
JYOTHI RAGHAVEN DIRECTOR 2.00
Director
$0 $0 $0
KRISTEN SALMON DIRECTOR 2.00
Director
$0 $0 $0
STACY SCHWARTZ DIRECTOR 2.00
Director
$0 $0 $0
JONATHAN SPAETH DIRECTOR 2.00
Director
$0 $0 $0
BEN WU DIRECTOR 2.00
Director
$0 $0 $0
LESLI CREEDON PRESIDENT & CEO 40.00
Officer
$320,418 $16,591 $337,009
SHERRY HEWITT COO & CFO 40.00
Officer
$188,481 $21,073 $209,554
KATHERINE YOUNG VP OF MISSION DELIVERY UNTIL 4/24 40.00
Highest
$150,408 $24,731 $175,139
MELISSA PRATHER CHIEF REVENUE OFFICER 40.00
Highest
$182,892 $21,857 $204,749
JARRETT THOMPSON SR DIR OF FINANCE & OPERATIONS 40.00
Highest
$100,039 $12,194 $112,233
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 $6,712,778 $7,798,649 $7,344,339 $-1,085,871
2023 $7,332,953 $7,513,575 $8,536,317 $-180,622
2022 $8,628,610 $6,298,844 $7,237,893 $2,329,766
2021 $5,617,599 $4,577,526 $5,550,029 $1,040,073
2020 $4,724,021 $5,702,691 $4,610,417 $-978,670
2019 $6,519,250 $7,347,231 $5,431,815 $-827,981
2018 $8,003,139 $5,597,652 $6,275,069 $2,405,487
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