CHARLES STREET DEVELOPMENT CORP

EIN: 522272852 501(c)(3) Community Improvement

BALTIMORE, MD

Total Revenue
$130,416
Total Expenses
$156,720
Total Assets
$12,497
Net Assets
$12,497
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
MD
Principal Officer
LANCE HOBOY
Phone
4102748830
Tax Period
2023-01-01 to 2023-12-31

CHARLES STREET DEVELOPMENT CORP, founded in 2000, is a small nonprofit in the Community Improvement sector that reported $130K in total revenue in fiscal year 2023. Revenue decreased 19% compared to the prior year. Expenses of $157K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO SUPPORT, ENHANCE AND IMPROVE THE HISTORIC CHARLES STREET AREA IN THE CITY OF BALTIMORE

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $130,416
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $130,416

Expense Breakdown

Grants Paid $0
Salaries & Benefits $140,570
Fundraising Expenses $0
Program Expenses $2,500
Other Expenses $16,150
TOTAL EXPENSES $156,720

Year-over-Year Comparison

2023 2022 Change
Revenue $130,416 $160,426 -0.2%
Expenses $156,720 $174,322 -0.1%
Net Income $-26,304 $-13,896 +0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
80
Independent Members
80
Employees
2
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
0
$0
Total Directors
1
$78,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KRISTIN SPEAKER EXECUTIVE DIRECTOR 40.00
Director
$78,000 $0 $78,000
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 $130,416 $156,720 $12,497 $-26,304
2022 $160,426 $174,322 $50,801 $-13,896
2021 $155,447 $143,132 $52,698 $12,315
2020 $117,761 $122,164 $43,660 $-4,403
2019 $143,463 $133,453 $48,631 $10,010
2018 $135,750 $141,626 $35,420 $-5,876
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CHARLES STREET DEVELOPMENT CORP with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.