Employment Law Center Of Maryland Inc
EIN: 851738414 · Urbana, MD · NTEE: I80
| Metric | Value |
|---|---|
| Total Revenue | $882K |
| Total Expenses | $612K |
| Net Assets | $206K |
Is Employment Law Center Of Maryland Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Employment Law Center Of Maryland Inc
Employment Law Center Of Maryland Inc (EIN: 851738414) is a nonprofit organization based in Urbana, MD, classified under NTEE code I80. The organization reported total revenue of $882K and total assets of $377K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Employment Law Center Of Maryland Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Employment Law Center Of Maryland Inc is a small nonprofit that has been operating for 6 years, with 4 years of IRS 990 filings on record (2020–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $699K |
| Total Expenses | $612K |
| Surplus / Deficit | +$87K |
| Total Assets | $236K |
| Total Liabilities | $29K |
| Net Assets | $206K |
| Operating Margin | 12.4% |
| Debt-to-Asset Ratio | 12.4% |
| Months of Reserves | 4.6 months |
Financial Health Grade: A
In 2023, Employment Law Center Of Maryland Inc reported a surplus of $87K with revenue exceeding expenses, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 12.4% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +105.4% | +157.0% | +61.6% |
| 2022 | +552.6% | +265.1% | +450.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Employment Law Center Of Maryland Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Employment Law Center Of Maryland Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $87K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.4%.
Frequently Asked Questions about Employment Law Center Of Maryland Inc
Is Employment Law Center Of Maryland Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Employment Law Center Of Maryland Inc (EIN: 851738414) insufficient data. 0 red flags identified, 0 strengths noted.
How does Employment Law Center Of Maryland Inc spend its money?
Detailed spending breakdown data is not yet available for Employment Law Center Of Maryland Inc. Check back for updated IRS 990 analysis.
Are donations to Employment Law Center Of Maryland Inc tax-deductible?
Employment Law Center Of Maryland Inc is registered as a tax-exempt nonprofit (EIN: 851738414). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Employment Law Center Of Maryland Inc located?
Employment Law Center Of Maryland Inc is headquartered in Urbana, Maryland and files with the IRS under EIN 851738414. It is classified under NTEE code I80.
How many years of IRS 990 filings does Employment Law Center Of Maryland Inc have?
Employment Law Center Of Maryland Inc has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $882K in total revenue.
Filing History
IRS 990 filing history for Employment Law Center Of Maryland Inc showing financial trends over 4 years of public records:
Total assets increased by 23565000% over the same period, from $1 to $236K. In its most recent filing year (2023), Employment Law Center Of Maryland Inc reported a surplus of $87K, with revenue exceeding expenses. The organization holds $29K in liabilities against $236K in assets (debt-to-asset ratio: 12.4%), resulting in net assets of $206K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $699K | $612K | $236K | $29K | — | View 990 |
| 2022 | $340K | $238K | $146K | $26K | — | View 990 |
| 2021 | $52K | $65K | $26K | $9K | — | View 990 |
| 2020 | $0 | $0 | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $699K, expenses of $612K, and assets of $236K (revenue +105.4% year-over-year).
- 2022: Revenue of $340K, expenses of $238K, and assets of $146K (revenue +552.6% year-over-year).
- 2021: Revenue of $52K, expenses of $65K, and assets of $26K.
- 2020: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Employment Law Center Of Maryland Inc:
Data Sources and Methodology
This transparency report for Employment Law Center Of Maryland Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.