Palmer ParkLandover Boys and Girls Club

EIN: 522352223 501(c)(3) Youth Development

Landover, MD

Total Revenue
$18,398
Total Expenses
$70,494
Total Assets
$324,141
Net Assets
$239,648
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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
1993
Legal Domicile
MD
Principal Officer
VICKY L OREM
Phone
3013411119
Tax Period
2023-01-01 to 2023-12-31

Palmer ParkLandover Boys and Girls Club, founded in 1993, is a micro nonprofit in the Youth Development sector that reported $18K in total revenue in fiscal year 2023. Revenue fell 77% from the prior year — a significant decline worth monitoring. Expenses of $70K exceeded revenue, resulting in a 283% operating deficit.

Mission

To provide activities for the youth in the Palmer Park and Landover area

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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 $0
Program Service Revenue $480
Investment Income $0
Other Revenue $17,918
TOTAL REVENUE $18,398

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,503
Other Expenses $70,494
TOTAL EXPENSES $70,494

Year-over-Year Comparison

2023 2022 Change
Revenue $18,398 $81,082 -0.8%
Expenses $70,494 $63,461 +0.1%
Net Income $-52,096 $17,621 -4.0%
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELODY GARRETT President 4.500
Officer
$0 $0 $0
TAWANNA TWITTY Treasurer 2.500
Officer
$0 $0 $0
MIA YOUNG Secretary 2.000
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
2023 $18,398 $70,494 $324,141 $-52,096
2022 $81,082 $63,461 $375,673 $17,621
2021 $105,856 $74,883 $377,439 $30,973
2020 $53,757 $60,029 $346,497 $-6,272
2019 $57,703 $53,218 $375,548 $4,485
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