Maryland Works Inc

EIN: 521408423 501(c)(3) Employment

Columbia, MD

Total Revenue
$2,450,669
Total Expenses
$2,320,553
Total Assets
$2,650,876
Net Assets
$2,279,532
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
MD
Principal Officer
Mary Manzoni
Phone
4103818660
Tax Period
2024-01-01 to 2024-12-31

Maryland Works Inc, founded in 1982, is a community nonprofit in the Employment sector that reported $2.5M in total revenue in fiscal year 2024. Expenses of $2.3M left a modest 5% surplus.

Mission

To promote economic and workforce development strategies that assure full inclusion of individuals with disabilities and other barriers to employment.

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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 $158,987
Program Service Revenue $2,292,960
Investment Income $-1,278
Other Revenue $0
TOTAL REVENUE $2,450,669

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,518,491
Fundraising Expenses $0
Program Expenses $2,003,737
Other Expenses $802,062
TOTAL EXPENSES $2,320,553

Year-over-Year Comparison

2024 2023 Change
Revenue $2,450,669 $2,269,943 +0.1%
Expenses $2,320,553 $2,141,598 +0.1%
Net Income $130,116 $128,345 +0.0%
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
13
Independent Members
13
Employees
14
Volunteers
13

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
5
$259,506
Total Directors
19
$259,506
Key Employees
1
$259,506
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Pamela Kumar Emeritus 1.00
Director
$0 $0 $0
Kali Mallik Emeritus 1.00
Director
$0 $0 $0
Marsha Legg Chair 1.00
Officer Director
$0 $0 $0
Chip Woods Vice Chair 1.00
Officer Director
$0 $0 $0
Christy Stuart At Large 1.00
Director
$0 $0 $0
Gregory Miller At Large 1.00
Director
$0 $0 $0
Cindy Freeman At Large 1.00
Director
$0 $0 $0
Scott Evans Secretary 1.00
Officer Director
$0 $0 $0
Jeff Carroll Treasurer 1.00
Officer Director
$0 $0 $0
Mary Manzoni President & CEO 40.00
Officer Director Key Emp
$219,028 $40,478 $259,506
Haywood Evans At Large 1.00
Director
$0 $0 $0
Ryan Kules At Large 1.00
Director
$0 $0 $0
Ramenta Cottrell At Large 1.00
Director
$0 $0 $0
Ed Hirsch At Large 1.00
Director
$0 $0 $0
Michael Bullis Immediate Past Chair 1.00
Director
$0 $0 $0
Brent Debnam At Large 1.00
Director
$0 $0 $0
Chris Kelter At Large 1.00
Director
$0 $0 $0
Drik Hill At Large 1.00
Director
$0 $0 $0
Jen Stiles At Large 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
2024 $2,450,669 $2,320,553 $2,650,876 $130,116
2023 $2,269,943 $2,141,598 $2,482,791 $128,345
2022 $2,139,978 $1,675,530 $2,296,467 $464,448
2021 $2,066,635 $1,399,974 $1,796,279 $666,661
2020 $1,709,128 $1,707,583 $1,343,241 $1,545
2019 $1,726,158 $1,722,023 $1,229,594 $4,135
2018 $1,589,327 $1,590,119 $1,219,266 $-792
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