Maryland Creative Problem Solvers Inc.

“Expenses educational marketing expense 539 educational marketing expense 16,640 office expense:post office bo 282 training - appraiser expenses 452 service charges:paypal charge 536 licenses and permits 500 office expense:supplies 88 office expense 411 miscellaneous expense 244 service charges:bank charges 24 software expense 296 insurance expense 1,448 global finals expense 1,944 program expense 178 scholarship expense 3,000 shipping 27 storage expense 2,847 tournament expenses:state 14,883 educational marketing exp 3,396 global finals expense:shi 3,043 tournament expenses:regio 6,171 total 56,949”

“Prior period adjsutment -19”

“Funds due to/held for central region 9,243 9,243 timothy plymette scholarship fu 3,813 2,853 maryland department of revenue payab 1 1”

“State association provides educational materials and training workshops to prepare students for state, national and world tournaments established to stimulate creative problem solving.”

“Our organization operates the destination imagination challenge experience program, which fosters creativity, teamwork, and problem-solving skills among students. In the 2024 challenge season, we experienced a 22% increase in participation, with 1,157 students engaged compared to 948 in 2023. While financial reports indicate a slight decline in revenue and cash flow, this is primarily attributable to approximately 15,000 in invoices from the prior challenge year that were recorded in the current year. Although participation remains below pre-covid levels, we have successfully stabilized our revenue and expenses, ensuring the sustainability of our program outreach for the foreseeable future.”