TOGETHER WE OWN IT INC

EIN: 810948522 501(c)(3) Youth Development

Westminster, MD

Total Revenue
$248,122
Total Expenses
$274,010
Total Assets
$657
Net Assets
$-49,210
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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
2016
Legal Domicile
MD
Principal Officer
Katelyn Speert
Phone
4108783104
Tax Period
2022-01-01 to 2022-12-31

TOGETHER WE OWN IT INC, founded in 2016, is a small nonprofit in the Youth Development sector that reported $248K in total revenue in fiscal year 2022. Revenue decreased 9% compared to the prior year. Expenses of $274K exceeded revenue, resulting in a 10% operating deficit.

Mission

To help children, youth and families break the cycle of trauma.

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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 (2022)

Revenue Breakdown

Contributions & Grants $248,122
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $248,122

Expense Breakdown

Grants Paid $0
Salaries & Benefits $132,108
Fundraising Expenses $25,180
Program Expenses $219,673
Other Expenses $141,902
TOTAL EXPENSES $274,010

Year-over-Year Comparison

2022 2021 Change
Revenue $248,122 $273,285 -0.1%
Expenses $274,010 $247,851 +0.1%
Net Income $-25,888 $25,434 -2.0%
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
11
Independent Members
11
Employees
6
Volunteers
60

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
10
$0
Total Directors
0
$0
Key Employees
1
$35,778
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Katelyn Speert Ex-Officio 40
Key Emp
$35,778 $0 $35,778
Laura Meck Chairman 2
Officer
$0 $0 $0
Tasha Cramer Secretary 0.5
Officer
$0 $0 $0
Michael Hanrahan Treasurer 0.5
Officer
$0 $0 $0
Kalpesh Patel Member 0.5
Officer
$0 $0 $0
Laura Morton Member 0.5
Officer
$0 $0 $0
Ann Thomas Member 0.5
Officer
$0 $0 $0
Kristen Bates Member 0.5
Officer
$0 $0 $0
Zach Tomlin Member 0.5
Officer
$0 $0 $0
William Ferguson Member 0.5
Officer
$0 $0 $0
Amy Chase-Martin Member 0.5
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
2022 $248,122 $274,010 $657 $-25,888
2021 $273,285 $247,851 $26,545 $25,434
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