Maryland Organization of Nurse Leaders

EIN: 521566527 Community Improvement

Bel Air, MD

Total Revenue
$924,463
Total Expenses
$696,407
Total Assets
$2,620,359
Net Assets
$2,609,051
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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
1987
Legal Domicile
MD
Principal Officer
Thomas Bonomo
Phone
4109359909
Tax Period
2025-01-01 to 2025-12-31

Maryland Organization of Nurse Leaders, founded in 1987, is a small nonprofit in the Community Improvement sector that reported $924K in total revenue in fiscal year 2025. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $228K, a strong 25% operating margin.

Mission

The Association provides educational seminars to advance the development and effectiveness of nurse leaders in healthcare institutions and agencies in Maryland. Additionally, they coordinate trainings.

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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 $630,050
Program Service Revenue $0
Investment Income $294,413
Other Revenue $0
TOTAL REVENUE $924,463

Expense Breakdown

Grants Paid $0
Salaries & Benefits $173,088
Fundraising Expenses $0
Other Expenses $523,319
TOTAL EXPENSES $696,407

Year-over-Year Comparison

2025 2024 Change
Revenue $924,463 $771,487 +0.2%
Expenses $696,407 $638,644 +0.1%
Net Income $228,056 $132,843 +0.7%
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
11
Independent Members
10
Employees
1
Volunteers
10

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
0
$0
Total Directors
10
$0
Key Employees
1
$159,998
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Christine Frost President 4.00
Director
$0 $0 $0
Meredith Cornett Treasurer 4.00
Director
$0 $0 $0
Mandy Bounds Secretary 2.00
Director
$0 $0 $0
Amy Alsante President Elect 2.00
Director
$0 $0 $0
Shellie Williams Member-at-Large 1.00
Director
$0 $0 $0
Iskra Gillis Member-at-Large 1.00
Director
$0 $0 $0
Quinn Collins Member-at-Large 1.00
Director
$0 $0 $0
Katelyn Quarry Member-at-Large 1.00
Director
$0 $0 $0
Margo Mancl Member-at-Large 1.00
Director
$0 $0 $0
Barbara Buckley Member-at-Large 1.00
Director
$0 $0 $0
Jennifer Zipp Director MNRC 40.00
Key Emp Highest
$148,690 $11,308 $159,998
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 $924,463 $696,407 $2,620,359 $228,056
2024 $771,487 $638,644 $2,386,355 $132,843
2023 $814,917 $635,930 $2,269,041 $178,987
2022 $216,523 $576,628 No data $-360,105
2021 $716,721 $566,501 $2,435,541 $150,220
2020 $547,629 $464,401 $2,287,175 $83,228
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