EO BALTIMORE INC

EIN: 820973273 501(c)(3) Education

FALLSTON, MD

Total Revenue
$432,323
Total Expenses
$374,802
Total Assets
$297,323
Net Assets
$297,323
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MD
Principal Officer
KATHLEEN CLEM
Phone
4102740074
Tax Period
2024-07-01 to 2025-06-30

EO BALTIMORE INC, founded in 2016, is a small nonprofit in the Education sector that reported $432K in total revenue in fiscal year 2024. Expenses of $375K left a modest 13% surplus.

Mission

Marylands most influential business network, EO Baltimore is run by entrepreneurs for entrepreneurs. We are part of the global EO organization of 17,500+ entrepreneurs, with over 200 chapters across 61 countries, and with close to 50 members in the Baltimore Chapter. EO Baltimore consists of entrepreneurs who are not only passionate about their businesses and the customers they serve but are also unsung voices that make our economic, social, and cultural lives vibrant and fulfilling. A unique, experience-based network, EO Baltimore holistically supports the needs of entrepreneurs through business, family, community & personal growth experiences. We are not-for-profit, with all our funds contributing directly to providing member benefits. We offer world-class events encompassing entrepreneurial stories, leadership development programs, skills-specific workshops, and social events.

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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 $23,072
Program Service Revenue $395,928
Investment Income $2,298
Other Revenue $11,025
TOTAL REVENUE $432,323

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $9,404
Program Expenses $348,762
Other Expenses $374,802
TOTAL EXPENSES $374,802

Year-over-Year Comparison

2024 2023 Change
Revenue $432,323 $444,347 0.0%
Expenses $374,802 $359,586 +0.0%
Net Income $57,521 $84,761 -0.3%
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

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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
12
Independent Members
12
Employees
N/A
Volunteers
12

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
2
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathleen Clem President 1.00
Officer Director
$0 $0 $0
Elijah Laikin Treasurer 1.00
Officer Director
$0 $0 $0
Richard Palarea Director 1.00
Director
$0 $0 $0
Shannon Roberts Director 1.00
Director
$0 $0 $0
Michael Raphael Director 1.00
Director
$0 $0 $0
Marcy Sagel Director 1.00
Director
$0 $0 $0
James Schaefer Director 1.00
Director
$0 $0 $0
Manuela LeVaca Director 1.00
Director
$0 $0 $0
Meredith Ford Director 1.00
Director
$0 $0 $0
Nick Modha Director 1.00
Director
$0 $0 $0
JP Vasquez Director 1.00
Director
$0 $0 $0
Adam Petrie Director 1.00
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
2025 $432,323 $374,802 $297,323 $57,521
2024 $444,347 $359,586 $239,802 $84,761
2023 $282,502 $200,539 $155,041 $81,963
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