Strong Future Maryland Inc

EIN: 851516869

Arnold, MD

Total Revenue
$525
Total Expenses
$141,642
Total Assets
N/A
Net Assets
N/A
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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
2020
Legal Domicile
MD
Principal Officer
ALICE WILKERSON
Phone
2406430024
Tax Period
2022-07-01 to 2023-06-30

Strong Future Maryland Inc, founded in 2020, is a micro nonprofit that reported $525 in total revenue in fiscal year 2022. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $142K exceeded revenue, resulting in a 26879% operating deficit.

Mission

Strong Future Maryland works to advance bold, progressive policy changes to address that systemic inequality and promote a sustainable, just, and prosperous economic.

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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 $525
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $525

Expense Breakdown

Grants Paid $0
Salaries & Benefits $79,784
Fundraising Expenses $0
Program Expenses $71,286
Other Expenses $61,858
TOTAL EXPENSES $141,642

Year-over-Year Comparison

2022 2021 Change
Revenue $525 $23,946 -1.0%
Expenses $141,642 $417,673 -0.7%
Net Income $-141,117 $-393,727 -0.6%
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
3
Independent Members
3
Employees
10
Volunteers
N/A

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
0
$0
Total Directors
1
$0
Key Employees
1
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALICE WILKERSON Director 040.00
Director Key Emp Highest
$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
2023 $525 $141,642 No data $-141,117
2022 $23,946 $417,673 $307,387 $-393,727
2021 $1,392,622 $703,885 $700,766 $688,737
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