MID-ATLANTIC INNOCENCE PROJECT (EIN 541993334) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

SHAWN ARMBRUST

Phone

2029690979

Tax Period

2024-07-01 to 2025-06-30

MID-ATLANTIC INNOCENCE PROJECT, founded in 2000, is a community nonprofit in the Crime & Legal sector that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

TO PREVENT AND CORRECT WRONGFUL CONVICTIONS IN THE DC, MD AND VA AREAS.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,489,062

Program Service Revenue $0

Investment Income $112,360

Other Revenue $-33,857

TOTAL REVENUE $1,567,565

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,226,267

Fundraising Expenses $198,501

Program Expenses $1,174,241

Other Expenses $400,401

TOTAL EXPENSES $1,626,668

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,567,565	$2,004,014	-0.2%
Expenses	$1,626,668	$1,465,122	+0.1%
Net Income	$-59,103	$538,892	-1.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

705

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

$129,667

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REBECCA BRODEY	CHAIR	2.00	Officer Director	$0	$0	$0
NEEL LALCHANDANI	VICE CHAIR	0.70	Officer Director	$0	$0	$0
WARREN ALLEN	TREASURER	2.00	Officer Director	$0	$0	$0
TROY BURNER	DIRECTOR	0.70	Director	$0	$0	$0
REIKO KOYAMA	DIRECTOR	0.70	Director	$0	$0	$0
RACHEL LIEBER	DIRECTOR	0.70	Director	$0	$0	$0
THOMAS HALL	DIRECTOR	0.70	Director	$0	$0	$0
ROYA MOTAZEDI	DIRECTOR	0.70	Director	$0	$0	$0
ALLISON HOLT RYAN	DIRECTOR	0.70	Director	$0	$0	$0
MIKE SIEJA	DIRECTOR	0.70	Director	$0	$0	$0
GRAEME TRAYNER	DIRECTOR	0.70	Director	$0	$0	$0
JAMIE LYNN	DIRECTOR	0.70	Director	$0	$0	$0
ANDY WISE	DIRECTOR	0.70	Director	$0	$0	$0
BILL MCCONAGHA	DIRECTOR	0.70	Director	$0	$0	$0
HARMONY JONES	DIRECTOR	0.70	Director	$0	$0	$0
ERIC SIMMONS	DIRECTOR	0.70	Director	$0	$0	$0
JEFFREY GUTMAN	DIRECTOR	0.70	Director	$0	$0	$0
MICHAEL MCCANN	DIRECTOR	0.70	Director	$0	$0	$0
SHAWN ARMBRUST	EXECUTIVE DIRECTOR	32.00	Officer	$113,182	$16,485	$129,667

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
2025	$1,567,565	$1,626,668	$3,304,587	$-59,103
2024	$2,004,014	$1,465,122	$3,337,027	$538,892
2023	$1,542,605	$1,256,894	$2,690,873	$285,711
2022	$2,151,667	$949,843	$1,961,749	$1,201,824
2021	$902,181	$718,410	$961,750	$183,771
2020	$834,979	$709,451	$675,779	$125,528
2019	$647,724	$639,138	$547,089	$8,586
2018	$463,164	$493,325	$482,603	$-30,161

MID-ATLANTIC INNOCENCE PROJECT