MARYLANDISRAEL DEVELOPMENT CENTER INC (EIN 521777737) - Form 990 Financial Analysis & Trantor Score

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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

1992

Legal Domicile

Principal Officer

DAVID SPEER

Phone

4103699238

Tax Period

2024-07-01 to 2025-06-30

MARYLANDISRAEL DEVELOPMENT CENTER INC, founded in 1992, is a small nonprofit in the Community Improvement sector that reported $524K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Net assets of $1.6M represent 38 months of operating reserves.

Mission

TO FOSTER BILATERAL ECONOMIC DEVELOPMENT BETWEEN ISRAEL AND MARYLAND.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $438,383

Program Service Revenue $71,475

Investment Income $13,744

Other Revenue $0

TOTAL REVENUE $523,602

Expense Breakdown

Grants Paid $0

Salaries & Benefits $309,263

Fundraising Expenses $63,136

Program Expenses $288,402

Other Expenses $199,821

TOTAL EXPENSES $509,084

Year-over-Year Comparison

	2024	2023	Change
Revenue	$523,602	$569,353	-0.1%
Expenses	$509,084	$412,564	+0.2%
Net Income	$14,518	$156,789	-0.9%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$232,162

Total Directors

$120,332

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID SPEER	EXECUTIVE DIRECTOR	40.00	Officer Director	$116,765	$3,567	$120,332
DAVID KUNTZ	CHAIR	1.00	Officer Director	$0	$0	$0
JAY RADOV	TREASURER	1.00	Officer Director	$0	$0	$0
ELDAR AHARONOVICH	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN ANDERSON	DIRECTOR	1.00	Director	$0	$0	$0
MARK DAVIS	DIRECTOR	1.00	Director	$0	$0	$0
HOWARD FELDMAN	DIRECTOR	1.00	Director	$0	$0	$0
YAIR FLICKER	DIRECTOR	1.00	Director	$0	$0	$0
JAMES HUGHES	DIRECTOR	1.00	Director	$0	$0	$0
GAIL JAVITT	DIRECTOR	1.00	Director	$0	$0	$0
ALVIN KATZ	DIRECTOR	1.00	Director	$0	$0	$0
KAREN MANDELBAUM	DIRECTOR	1.00	Director	$0	$0	$0
NINA ROSENZWOG	DIRECTOR	1.00	Director	$0	$0	$0
CHARLES RUBIN	DIRECTOR	1.00	Director	$0	$0	$0
YOAV SAIDEL	DIRECTOR	1.00	Director	$0	$0	$0
DARA SCHNEE	DIRECTOR	1.00	Director	$0	$0	$0
HANAN SIBEL	DIRECTOR	1.00	Director	$0	$0	$0
JAY STEINMETZ	DIRECTOR	1.00	Director	$0	$0	$0
STEVE DUBIN	DIRECTOR (UNTIL 09/24)	1.00	Director	$0	$0	$0
NATALIE GUTMAN-CHEN	DIRECTOR (UNTIL 09/24)	1.00	Director	$0	$0	$0
NANCY BOGUSLAW	DEPUTY DIRECTOR	40.00	Officer	$106,490	$5,340	$111,830

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	$523,602	$509,084	$1,734,002	$14,518
2024	$569,353	$412,564	$1,640,804	$156,789
2023	$541,803	$448,161	$1,394,101	$93,642
2022	$562,904	$541,607	$1,286,254	$21,297
2021	$574,350	$457,599	$1,353,052	$116,751
2020	$625,576	$663,008	$1,067,210	$-37,432
2019	$826,131	$728,811	$1,072,154	$97,320
2018	$600,052	$558,876	$943,336	$41,176

MARYLANDISRAEL DEVELOPMENT CENTER INC