MARDELA BAND-AIDES INC CO WIGGLESWORTH LAYTON MOYERS & CHANCE

EIN: 521962541 501(c)(3) Arts, Culture & Humanities

SALISBURY, MD

Total Revenue
$73,613
Total Expenses
$98,885
Total Assets
$273,439
Net Assets
$273,439
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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
1995
Legal Domicile
MD
Principal Officer
SHERRY PETERMAN
Phone
4107421121
Tax Period
2025-01-01 to 2025-12-31

MARDELA BAND-AIDES INC CO WIGGLESWORTH LAYTON MOYERS & CHANCE, founded in 1995, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $74K in total revenue in fiscal year 2025. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $99K exceeded revenue, resulting in a 34% operating deficit.

Mission

TO CONDUCT FUND RAISING ACTIVITIES IN ORDER TO PURCHASE MIDDLE AND HIGH SCHOOL BAND EQUIPMENT, MUSIC SUPPLIES, BAND UNIFORMS, AND TRANSPORTATION SO THE BAND MEMBERS CAN COMPETE IN REGIONAL AND NATIONAL COMPETITIONS.

Program Service Accomplishments

Program 1
Expenses: $90,805 Revenue: $5,958

PROVIDE TRANSPORTATION, BAND INSTRUMENTS, UNIFORMS, AND INCENTIVES FOR HIGH SCHOOL BAND MEMBERS

Program 2
Expenses: $3,000

PROVIDE COLLEGE SCHOLARSHIPS FOR BAND MEMBERS

Program 3

CHARITABLE CONTRIBUTIONS

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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 $0
Program Service Revenue $5,958
Investment Income $235
Other Revenue $67,420
TOTAL REVENUE $73,613

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $93,805
Other Expenses $98,885
TOTAL EXPENSES $98,885

Year-over-Year Comparison

2025 2024 Change
Revenue $73,613 $103,431 -0.3%
Expenses $98,885 $76,771 +0.3%
Net Income $-25,272 $26,660 -1.9%
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

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Governance

Voting Members
8
Independent Members
N/A
Employees
N/A
Volunteers
40

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
8
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STAN BOHNSACK VICE PRESIDE 2.00
Officer Director
$0 $0 $0
COURTNEY CARTER PRESIDENT 2.00
Officer Director
$0 $0 $0
ARIEL LEWIS SECRETARY 2.00
Officer Director
$0 $0 $0
SHERRY PETERMAN CO-TREASURER 5.00
Officer Director
$0 $0 $0
JOEY COCO BAND DIRECTO 8.00
Officer
$0 $0 $0
DAVE RAIZEN CO-TREASURER 2.00
Officer Director
$0 $0 $0
RICHARD FAHEY CO-TREASURER 2.00
Officer Director
$0 $0 $0
TENESHA DAVIS VICE PRESIDE 2.00
Officer 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
2025 $73,613 $98,885 $273,439 $-25,272
2024 No data No data No data No data
2023 $94,695 $52,232 $272,051 $42,463
2022 $57,427 $42,919 $229,588 $14,508
2021 $52,187 $27,542 $215,080 $24,645
2020 $41,850 $49,974 $190,435 $-8,124
2019 $103,413 $111,005 $198,559 $-7,592
2018 $108,423 $106,506 $206,151 $1,917
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