MICROENTERPRISE DEVELOPMENT CENTER

EIN: 522188832 501(c)(3) Employment

RANDALLSTOWN, MD

Total Revenue
$11,780
Total Expenses
$15,222
Total Assets
$6,723
Net Assets
$-5,302
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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
1999
Legal Domicile
MD
Principal Officer
RONALD HARVEY
Phone
4106556278
Tax Period
2020-01-01 to 2020-12-31

MICROENTERPRISE DEVELOPMENT CENTER, founded in 1999, is a micro nonprofit in the Employment sector that reported $12K in total revenue in fiscal year 2020. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $15K exceeded revenue, resulting in a 29% operating deficit.

Mission

TO PROMOTE ENTREPRENEURIAL DEVELOPMENT IN SUPPORTING GROWTH FROM WITHIN DISTRESSED COMMUNITIES

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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 (2020)

Revenue Breakdown

Contributions & Grants $11,777
Program Service Revenue $0
Investment Income $3
Other Revenue $0
TOTAL REVENUE $11,780

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $13,391
Other Expenses $15,222
TOTAL EXPENSES $15,222

Year-over-Year Comparison

2020 2019 Change
Revenue $11,780 $20,257 -0.4%
Expenses $15,222 $19,846 -0.2%
Net Income $-3,442 $411 -9.4%
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

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
7
Independent Members
7
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AARON DOCK DIRECTOR 001.00
Director
$0 $0 $0
JENIFER HARVEY DIRECTOR 001.00
Director
$0 $0 $0
CONSTANCE MANN DIRECTOR 001.00
Director
$0 $0 $0
LAVERNE NASEA DIRECTOR 001.00
Director
$0 $0 $0
MARVIN MACK DIRECTOR 001.00
Director
$0 $0 $0
DEBORAH GREEN DIRECTOR 001.00
Director
$0 $0 $0
RONALD HARVEY OFFICER 020.00
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
2020 $11,780 $15,222 $6,723 $-3,442
2019 $20,257 $19,846 $65 $411
2018 $17,901 $12,959 $653 $4,942
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