TALMAR INC

EIN: 522165052 501(c)(3) Human Services

Parkville, MD

Total Revenue
$273,215
Total Expenses
$295,666
Total Assets
$83,050
Net Assets
$77,059
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
MD
Principal Officer
Kate Joyce
Phone
4108252020
Tax Period
2023-01-01 to 2023-12-31

TALMAR INC, founded in 1998, is a small nonprofit in the Human Services sector that reported $273K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

To offer an innovative, therapeutic environment in which to provide work skills development and vocational, educational, and recreational programming in horticulture and agriculture to people with physical, mental, and developmental disabilities.

Program Service Accomplishments

Program 1
Expenses: $101,120 Revenue: $11,352

Therapeutic horticulture group programs: TALMAR provides engaging group programs designed to help individuals with special needs meet their individual developmental and therapeutic goals. Programs...

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Therapeutic horticulture group programs: TALMAR provides engaging group programs designed to help individuals with special needs meet their individual developmental and therapeutic goals. Programs take place on TALMAR's campus which includes a vegetable and cut flower farm, hoop houses, wheelchair accessible greenhouse, hen house, and apiary.

Program 2
Expenses: $84,000 Revenue: $115,054

Compensated work therapy program for veterans. TALMAR provides a vocational training program with integrated behavioral healthcare supports for veterans in collaboration with the VA Maryland...

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Compensated work therapy program for veterans. TALMAR provides a vocational training program with integrated behavioral healthcare supports for veterans in collaboration with the VA Maryland Healthcare System.

Program 3
Expenses: $82,520 Revenue: $20,664

Vegetable and cut flower farm with hen house, apiary, sensory garden and wheelchair accessible greenhouse designed to support therapeutic, recreational, and vocational programs for people with...

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Vegetable and cut flower farm with hen house, apiary, sensory garden and wheelchair accessible greenhouse designed to support therapeutic, recreational, and vocational programs for people with disabilities. Campus is maintained by staff and a supported volunteer program where more than 75% of volunteers have disabilities.

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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 $94,300
Program Service Revenue $178,915
Investment Income $0
Other Revenue $0
TOTAL REVENUE $273,215

Expense Breakdown

Grants Paid $0
Salaries & Benefits $246,156
Fundraising Expenses $0
Program Expenses $267,640
Other Expenses $49,510
TOTAL EXPENSES $295,666

Year-over-Year Comparison

2023 2022 Change
Revenue $273,215 $290,766 -0.1%
Expenses $295,666 $328,524 -0.1%
Net Income $-22,451 $-37,758 -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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Governance

Voting Members
5
Independent Members
5
Employees
6
Volunteers
105

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
2
$0
Total Directors
3
$0
Key Employees
1
$84,686
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kate Joyce Executive Director 45
Key Emp
$84,686 $0 $84,686
Deb Maggitti board member 2
Director
$0 $0 $0
Kidada Davis board member 2
Director
$0 $0 $0
Kaitlyn Wilson board member 2
Director
$0 $0 $0
Kristen Kearby Chairperson 2
Officer
$0 $0 $0
Ilana Cramer Treasurer 2
Officer
$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 No data No data No data No data
2023 $273,215 $295,666 $83,050 $-22,451
2022 $290,766 $328,524 $104,797 $-37,758
2021 $262,148 $257,478 $139,998 $4,670
2020 $227,469 $218,439 $168,153 $9,030
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