I Believe in Me Inc

EIN: 822072961 501(c)(3) Youth Development

FREDERICK, MD

Total Revenue
$233,480
Total Expenses
$232,633
Total Assets
$116,957
Net Assets
$97,211
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
MD
Principal Officer
AJE HILL
Phone
2408155102
Tax Period
2024-08-01 to 2025-07-31

I Believe in Me Inc, founded in 2017, is a small nonprofit in the Youth Development sector that reported $233K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year.

Mission

Aim to inspire and challenge youth through mental physical and social activities that fosters self respect and respect for the world around them.

Program Service Accomplishments

Program 1
Expenses: $208,958 Revenue: $0

Our M.E.N. Mentoring Education Nutrition program provides a comprehensive daily after-school program for youth ages 6 to 18 with a particular focus on serving children and adolescents from...

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Our M.E.N. Mentoring Education Nutrition program provides a comprehensive daily after-school program for youth ages 6 to 18 with a particular focus on serving children and adolescents from historically marginalized communities. Our mission is to create safe supportive environments that foster academic achievement personal development and emotional well-being-ultimately guiding youth toward positive and productive futures. The program delivers an integrated set of services that include educational enrichment mentorship nutritious meals transportation assistance and therapeutic support. Each component is designed to eliminate systemic barriers and meet the individualized needs of every participant. Youth are paired with consistent caring mentors who promote accountability encourage goal-setting and serve as positive role models. Physical fitness and wellness are embedded into the program through structured group activities such as basketball flag football soccer and other recreational offerings that promote healthy lifestyles and teamwork. Additionally the program provides trauma-informed therapeutic services for youth impacted by Adverse Childhood Experiences ACEs supporting the development of resilience coping skills and emotional regulation. To reinforce engagement and promote sustained behavioral growth we offer incentive-based rewards such as gift cards educational field trips and attendance at community sporting events. Family involvement is an essential part of our model; regular engagement meetings and community meals ensure parents and guardians remain informed involved and aligned with their childs progress. Through this multi-faceted approach we empower youth to overcome adversity build confidence and pursue meaningful paths forward-while contributing to the long-term well-being of their communities. I

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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 $233,480
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $233,480

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $208,958
Other Expenses $232,633
TOTAL EXPENSES $232,633

Year-over-Year Comparison

2024 2023 Change
Revenue $233,480 $290,818 -0.2%
Expenses $232,633 $280,488 -0.2%
Net Income $847 $10,330 -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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
N/A
Employees
N/A
Volunteers
15

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
8
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daon McLaurin Interim Executive Director 30.00
Officer
$0 $0 $0
Kristina Grissom Vice Chair 10.00
Officer
$0 $0 $0
Brad Young Board Member 10.00
Officer
$0 $0 $0
Helen Propheter Board Member 10.00
Officer
$0 $0 $0
Theresa DeLauter Board Member 10.00
Officer
$0 $0 $0
Darryl Whitten Board Member 10.00
Officer
$0 $0 $0
Brian Remesch Board Member 15.00
Officer
$0 $0 $0
Terrance King Board Chair 20.00
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
2025 $233,480 $232,633 $116,957 $847
2024 $290,818 $287,454 $149,727 $3,364
2023 $554,000 $436,880 $370,858 $117,120
2022 $442,704 $408,950 $259,930 $33,754
2021 $402,365 $317,496 $162,566 $84,869
2020 $206,467 $121,019 $93,419 $85,448
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