THE PARENTS' PLACE OF MARYLAND INC

EIN: 521693204 501(c)(3) Education

GLEN BURNIE, MD

Total Revenue
$1,595,837
Total Expenses
$1,434,061
Total Assets
$772,476
Net Assets
$665,445
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
MD
Phone
4107689100
Tax Period
2023-10-01 to 2024-09-30

THE PARENTS' PLACE OF MARYLAND INC, founded in 1990, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $1.4M left a modest 10% surplus.

Mission

MISSION IS TO EMPOWER FAMILIES AS ADVOCATES AND PARTNERS IN IMPROVING EDUCATION AND HEALTH OUTCOMES FOR THEIR CHILDREN WITH DISABILITIES AND SPECIAL HEALTH CARE NEEDS WITH A COMMITMENT TO DIVERSITY AND EQUITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,510,060
Program Service Revenue $81,245
Investment Income $4,532
Other Revenue $0
TOTAL REVENUE $1,595,837

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,213,094
Fundraising Expenses $35,932
Program Expenses $1,280,276
Other Expenses $185,035
TOTAL EXPENSES $1,434,061

Year-over-Year Comparison

2023 2022 Change
Revenue $1,595,837 $1,286,476 +0.2%
Expenses $1,434,061 $1,149,049 +0.2%
Net Income $161,776 $137,427 +0.2%
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
13
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
5
$79,619
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICOLE ACLE PRESIDENT 2.00
Officer Director
$0 $0 $0
JAMES JONES VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
GUERRY NELSON TREASURER 2.00
Officer Director
$0 $0 $0
LAI WONG NOMINATIONS 2.00
Director
$0 $0 $0
DANA FORSTER FINANCE COMMITTEE 2.00
Director
$0 $0 $0
LYNNE FARROW DEVELOPMENT 2.00
Director
$0 $0 $0
RENE AVERITT-SANZONE EXECUTIVE DIRECTOR 40.00
Officer
$79,619 $0 $79,619
CELIA LEWIS SECRETARY 2.00
Officer Director
$0 $0 $0
JAZMONE WILKERSON NOMINATIONS CHAIR 2.00
Director
$0 $0 $0
LORI FORD-PLATER DEVELOPMENT COMMITTEE 2.00
Director
$0 $0 $0
CHRISTINE GORDON NOMINATIONS 2.00
Director
$0 $0 $0
CAMILLE KHALEESI DEVELOPMENT COMMITTEE 2.00
Director
$0 $0 $0
RANDI HILFIGER DEVELOPMENT CHAIR 2.00
Director
$0 $0 $0
BLANCA TAPAHAUSCO MEMBER 2.00
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 $1,595,837 $1,434,061 $772,476 $161,776
2023 $1,286,476 $1,149,049 $681,928 $137,427
2022 $1,076,819 $1,085,867 $512,020 $-9,048
2021 $1,038,621 $958,774 $491,739 $79,847
2020 $1,250,428 $1,247,301 $531,022 $3,127
2019 $1,065,061 $1,015,386 $340,920 $49,675
2018 $924,091 $949,024 $299,084 $-24,933
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