GREAT COUNCIL OF MARYLAND IORM

EIN: 526040774 Mutual Benefit

WESTERNPORT, MD

Total Revenue
$73,154
Total Expenses
$67,288
Total Assets
$560,585
Net Assets
$560,585
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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
EARL J WRIGHT
Phone
2403626334
Tax Period
2024-01-01 to 2024-12-31

GREAT COUNCIL OF MARYLAND IORM, founded in 1993, is a micro nonprofit in the Mutual Benefit sector that reported $73K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $67K left a modest 8% surplus.

Mission

LOVE AND RESPECT FOR THE AMERICAN FLAG PRESERVING OUR NATION BY DEFENDING AND UPHOLDING THE PRINCIPLES OF A FREE GOVERNMENT

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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 (2024)

Revenue Breakdown

Contributions & Grants $72,799
Program Service Revenue $0
Investment Income $355
Other Revenue $0
TOTAL REVENUE $73,154

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $67,288
TOTAL EXPENSES $67,288

Year-over-Year Comparison

2024 2023 Change
Revenue $73,154 $77,786 -0.1%
Expenses $67,288 N/A N/A
Net Income $5,866 $77,786 -0.9%
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
7
Independent Members
N/A
Employees
N/A
Volunteers
25

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
C EDWARD NEFF TRUSTEE 10
Officer Director
$0 $0 $0
E JACK WRIGHT TREASURER 25
Officer Director
$0 $0 $0
RONALD SYMONS TRUSTEE 10
Officer Director
$0 $0 $0
RICHARD BARNES TRUSTEE 10
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
2024 $73,154 $67,288 $560,585 $5,866
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