Civic Intelligence

Transform MID-Atlantic Inc.

990 • Fiscal year 2022 • EIN 26-4076820

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 10, 2023

401 Rosemont AveFrederick, MD 21701-8524

(301) 696-3280

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.17x

Higher debt load relative to assets than 66% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

75th percentile

0.35x

Higher debt load relative to revenue than 75% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

78th percentile

28%

Higher net margin than 78% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

83rd percentile

$145,066

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 19.2% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

52nd percentile

2.1%

Faster asset growth than 52% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

73rd percentile

29%

Faster revenue growth than 73% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,513,842

Up $31,139 (+2.1%) from 2021

Net Assets

Up

$1,250,838

Up $61,167 (+5.1%) from 2021

Liabilities

Down

$263,004

Down $30,028 (-10%) from 2021

Revenue

Up

$753,827

Up $169,899 (+29%) from 2021

Expenses

Up

$544,039

Up $34,136 (+6.7%) from 2021

Net Income

Up

$209,788

Up $135,763 (+183%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2021: $1,482,703Liabilities 2021: $293,032Net Assets 2021: $1,189,6712021Assets 2022: $1,513,842Liabilities 2022: $263,004Net Assets 2022: $1,250,8382022Assets 2023: $1,618,102Liabilities 2023: $254,935Net Assets 2023: $1,363,1672023Assets 2024: $1,717,035Liabilities 2024: $255,298Net Assets 2024: $1,461,7372024

Highlighted filing

2022

Assets$1,513,842
Liabilities$263,004
Net Assets$1,250,838

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0Revenue 2021: $583,928Expenses 2021: $509,903Net Income 2021: $74,0252021Revenue 2022: $753,827Expenses 2022: $544,039Net Income 2022: $209,7882022Revenue 2023: $716,536Expenses 2023: $614,129Net Income 2023: $102,4072023Revenue 2024: $814,364Expenses 2024: $755,857Net Income 2024: $58,5072024

Highlighted filing

2022

Revenue$753,827
Expenses$544,039
Net Income$209,788
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 10, 2023
Return Version
2021v4.0
Gross Receipts
$753,827
Mission and Program Overview

Mission

Transform Mid-Atlantic mobilizes the collective commitment of and capacity of higher education to actively advance our communities through civic and community engagement throughout the Maryland, DC and Delaware region. TMA serves its member institutions through networking, grants, resources and programs with the goal of developing deeper campus-community partnerships which improve community life.

CCMA provides regional leadership in advocating, supporting and increasing student involvement in academic and curricular-based community service and building capacity of local non-profits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$889,046$795,987▼ $93,059
Cash and Non-Interest-Bearing Accounts$485,163$605,371▲ $120,208
Pledges and Grants Receivable$108,494$111,643▲ $3,149
Prepaid Expenses and Deferred Charges$0$841▲ $841
Total Assets$1,482,703$1,513,842▲ $31,139
Liabilities
Deferred Revenue$156,736$214,292▲ $57,556
Unsecured Notes Loans Payable$90,600--
Accounts Payable and Accrued Expenses$45,696$48,712▲ $3,016
Total Liabilities$293,032$263,004▼ $30,028
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,079,671$1,150,838▲ $71,167
Net Assets With Donor Restrictions$110,000$100,000▼ $10,000
Total Net Assets Fund Balance$1,189,671$1,250,838▲ $61,167
Total Liabilities and Net Assets / Fund Balance$1,482,703$1,513,842▲ $31,139
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Ms Madeline YatesExecutive DirectorFT$117,455$27,611$145,066

Board Members and Trustees

NameTitle
Dr Cynthia BambaraPresident, Alleghany College of Maryalnd
Dr Debra McCurdyPresident, Baltimore Community College
Dr Tony AllenPresident, Delaware State University
Dr Ronald NowaczykPresident, Frostburg State University
Dr Colleen Perry KeithPresident, Goldy-Beacom College
Dr Marylou YamPresident, Notre DameUniversity of Maryland
Dr Heidi AndersonPresident, University of Maryland Eastern Shore
Dr David McAllister-WilsonPresident, Wesley Theological Seminary
Revenue and Support

Revenue Composition

Contributions and Grants
$229,591
Program Service Revenue
$461,992
Investment Income
$62,244
Other Revenue
$0
All Other Contributions
$103,529
Change in Net Assets
$209,788
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$405,248
Other Expenses$128,791
Grants and Similar Amounts Paid$10,000
Total Fundraising Expense$3,920
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$164,249$57,933-$222,182
Current Officers, Directors, Trustees, and Key Employees$88,091$25,840$3,524$117,455
Fees for Services Management$32,891$27,390-$60,281
Other Employee Benefits$17,352$5,685-$23,037
Payroll Taxes$17,175$5,627-$22,802
Payments to Affiliates$20,430--$20,430
Pension Plan Contributions$14,892$4,880-$19,772
Office Expenses$0$17,850$0$17,850
Fees for Services Accounting-$11,544-$11,544
Grants to Domestic Orgs$10,000--$10,000
Fees for Service Investment Mgmnt Fees-$6,682-$6,682
Conferences and Meetings$4,101--$4,101
Travel$3,125-$396$3,521
Fees for Services Legal-$2,352-$2,352
Insurance-$1,883-$1,883
Fees for Services Other$89$58-$147
Total Functional Expenses$372,395$167,724$3,920$544,039
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11B

The Form 990 is presented to the Board for their review prior to filing with the IRS. The Campus Compact Mid-Atlantic (CCMA) Board reviews the report annually as part of their fiscal review process.

Part VI, Line 12C

Officers, directors, and key employees are required to complete an annual Conflict of Interest Questionnaire. The completed documents are reviewed by administrative personnel.

Part VI, Line 15A

The Board charged a special committee with development of the initial CCMA financial budget, which included benchmarking and the Executive Director's salary and benefit package. The committee contacted the Maryland Association of Non-Profit Organizations, the Maryland State Department of Education, the Governor's Office on Services and Volunteerism, the State of Maryland Human Relations Office, the National Association of Non-Profit Organizations, the National Campus Compact, and several other state Campus Compact organizations to obtain comparison information in order to develop salary and benefits benchmarks for the Executive Director position. Other employees of the organization have had their salaries and benefit package set by the Executive Director after extensive due diligence and benchmarking, including the counsel of the HR department at CCMA's hosting institutions, an HR consultant, and the Maryland Association of Non-Profit Organization's annual non-profit salary survey data.

Part VI, Line 19

The organization's Vision Statement, Mission Statement and Core Values are posted on its website (www.transformmidatlantic.org). A summary financial statement is available to the public through a website link to the most recently published annual report. The organization's Conflict of Interest Policy and governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Transform Mid-atlantic Inc
EIN
26-4076820
Phone
3016963280
Address
401 ROSEMONT AVE, FREDERICK, MD 21701-8524

Signing Officer

Name
Madeline Yates
Title
Executive Director
Phone
3016963280
Signed
2023-03-10

Organization Details

Principal Officer
Madeline Yates
Formed
2008
Legal Domicile
Md
Voting Board Members
8
Independent Board Members
8
Employees
8
Volunteers
120
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IRS990/Form990PartVIISectionAGrp/TitleTxt2President, Delaware State University
IRS990/Form990PartVIISectionAGrp/TitleTxt3President, Frostburg State University
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IRS990/Form990PartVIISectionAGrp/TitleTxt7Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8President, Wesley Theological Seminary
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IRS990/ProgSrvcAccomActy2Grp/Desc0BUILDING CAMPUS COMMUNITY PARTNERSHIPS to ADDRESS POVERTY and EQUITY: TMA provides 35-40 full time AmeriCorps VISTA sub-grants to member institutions~ together with their community partners. Through this grant, TMA develops and expands anti-poverty partnerships between higher education institutions and community-based organizations, non-profits, local schools and/or school systems in the region. The VISTA grant is valued in excess of $2,000,000 through the value of services provided to TMA member institutions and community partnerships. Through annual survey data, TMA estimates that member institutions' students contribute a minimum of $600,000,000 in services to the tri-state region annually. Projects include: financial literacy, workforce development, mentoring, veterans' initiatives, ESOL/ELL programming, college access, college completion, and food security. TMA provides leadership development to VISTA members and supervisors ranging from volunteer management, grant writing, strengths-based work styles, Appreciative Inquiry, Myers-Briggs, to community-organizing. TMA VISTA capacity building grants empower first-generation college students, community members, and K-12 youth through civic and community engagement (service learning) opportunities.
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IRS990/ProgSrvcAccomActy3Grp/Desc0DEVELOPING GLOBAL CITIZENS BY PROVIDING PROFESSIONAL DEVELOPMENT and RECOGNITION: Through numerous professional development institutes, workshops, retreats, awards and recognition ceremonies, mini-grants, surveys, and support to member institutions, TMA shifts the culture of higher education to embrace the vision of being a partner in and with their communities, locally, regionally, and globally. TMA offers series of webinars demonstrating the connection between civic and community engagement and equity outcomes, Carnegie classification, accreditation, etc. attracting 500+ registrants from the Mid-Atlantic region, as well as international institution. TMA coordinates a Service-Learning and Civic Engagement Conference for 300+ faculty and students, annual Practitioner retreats, and numerous workshops on service-learning, course design, grant-writing, team-building, volunteer recruitment, professional writing, federal reporting, and linking civic and community engagement with accreditation. TMA awards recognize exemplary leadership in advancing equity, social justice, service-learning and global citizenship through civic engagement in the region.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Form 990 is presented to the Board for their review prior to filing with the IRS. The Campus Compact Mid-Atlantic (CCMA) Board reviews the report annually as part of their fiscal review process.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Officers, directors, and key employees are required to complete an annual Conflict of Interest Questionnaire. The completed documents are reviewed by administrative personnel.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Board charged a special committee with development of the initial CCMA financial budget, which included benchmarking and the Executive Director's salary and benefit package. The committee contacted the Maryland Association of Non-Profit Organizations, the Maryland State Department of Education, the Governor's Office on Services and Volunteerism, the State of Maryland Human Relations Office, the National Association of Non-Profit Organizations, the National Campus Compact, and several other state Campus Compact organizations to obtain comparison information in order to develop salary and benefits benchmarks for the Executive Director position. Other employees of the organization have had their salaries and benefit package set by the Executive Director after extensive due diligence and benchmarking, including the counsel of the HR department at CCMA's hosting institutions, an HR consultant, and the Maryland Association of Non-Profit Organization's annual non-profit salary survey data.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The organization's Vision Statement, Mission Statement and Core Values are posted on its website (www.transformmidatlantic.org). A summary financial statement is available to the public through a website link to the most recently published annual report. The organization's Conflict of Interest Policy and governing documents are available upon request.
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