HUMAN DEVELOPMENT CORPORATION TA THE SU

EIN: 521583669 501(c)(3) Education

EDGEWATER, MD

Total Revenue
$6,484,335
Total Expenses
$5,826,544
Total Assets
$16,713,113
Net Assets
$15,081,673
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
MD
Principal Officer
DR JOAN MELE-MCCARTHY
Phone
4107980005
Tax Period
2024-07-01 to 2025-06-30

HUMAN DEVELOPMENT CORPORATION TA THE SU, founded in 1988, is a community nonprofit in the Education sector that reported $6.5M in total revenue in fiscal year 2024. Expenses of $5.8M left a modest 10% surplus.

Mission

THE SUMMIT SCHOOL EDUCATES CHILDREN WITH UNIQUE LEARNING PROFILES TO THEIR FULL POTENTIAL.

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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 $1,597,365
Program Service Revenue $4,412,159
Investment Income $461,159
Other Revenue $13,652
TOTAL REVENUE $6,484,335

Expense Breakdown

Grants Paid $310,125
Salaries & Benefits $4,189,360
Fundraising Expenses $443,244
Program Expenses $4,367,556
Other Expenses $1,327,059
TOTAL EXPENSES $5,826,544

Year-over-Year Comparison

2024 2023 Change
Revenue $6,484,335 $6,623,830 0.0%
Expenses $5,826,544 $5,588,005 +0.0%
Net Income $657,791 $1,035,825 -0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
89
Volunteers
61

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
$214,641
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICK CLARK BOARD MEMBER 2.00
Director
$0 $0 $0
DR MELISSA SEGEV BOARD MEMBER 2.00
Director
$0 $0 $0
DANIEL GROVE VICE CHAIR 2.00
Officer Director
$0 $0 $0
NATHANIEL POPE BOARD MEMBER 2.00
Director
$0 $0 $0
PETER DAVIS BOARD CHAIR 2.00
Officer Director
$0 $0 $0
ROBERT EDWARDS BOARD MEMBER 2.00
Director
$0 $0 $0
JAY MCCONNEL BOARD MEMBER 2.00
Director
$0 $0 $0
LISA SMITH BOARD MEMBER 2.00
Director
$0 $0 $0
MICHELLE SALTA SECRETARY 2.00
Officer Director
$0 $0 $0
TOM SINGLETON BOARD MEMBER 2.00
Director
$0 $0 $0
JIM GARDINER BOARD MEMBER 2.00
Director
$0 $0 $0
TRENT NEWMAN BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN GRANT TREASURER 2.00
Officer Director
$0 $0 $0
DONNA CHANEY BUNN BOARD MEMBER 2.00
Director
$0 $0 $0
DR JOAN MELE-MCCARTHY EXECUTIVE DIRECTOR 40.00
Officer
$210,510 $4,131 $214,641
DR LESLIE EGET TESTING CLINICIAN 40.00
Highest
$115,004 $1,800 $116,804
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 $6,484,335 $5,826,544 $16,713,113 $657,791
2024 $6,623,830 $5,588,005 $15,688,797 $1,035,825
2023 $5,997,438 $5,345,305 $14,365,249 $652,133
2022 $5,077,041 $4,664,310 $13,779,025 $412,731
2021 $5,564,801 $4,685,502 $14,025,441 $879,299
2020 $4,824,592 $4,764,530 $12,882,930 $60,062
2019 $4,607,342 $4,655,810 $12,541,227 $-48,468
2018 $7,804,933 $4,843,210 $12,307,605 $2,961,723
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