Maryland Forestry Boards Foundation Inc
EIN: 521694086 · Annapolis, MD · NTEE: C30Z
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.4M |
| Net Assets | $86K |
Is Maryland Forestry Boards Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Maryland Forestry Boards Foundation Inc
Maryland Forestry Boards Foundation Inc (EIN: 521694086) is a nonprofit organization based in Annapolis, MD, classified under NTEE code C30Z. The organization reported total revenue of $1.7M and total assets of $119K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maryland Forestry Boards Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maryland Forestry Boards Foundation Inc is a mid-size nonprofit that has been operating for 36 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 35.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-48,710 |
| Total Assets | $86K |
| Net Assets | $86K |
| Operating Margin | -3.5% |
| Months of Reserves | 0.7 months |
Financial Health Grade: C
In 2023, Maryland Forestry Boards Foundation Inc reported a deficit of $49K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2011–2023), Maryland Forestry Boards Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 35.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.4% | +15.6% | -36.0% |
| 2022 | +57.9% | +37.8% | +530.9% |
| 2021 | +21.8% | +22.1% | -67.3% |
| 2020 | +43.6% | +55.7% | -17.5% |
| 2018 | +164.9% | +139.7% | +26.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Maryland Forestry Boards Foundation 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 Maryland Forestry Boards Foundation 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 deficit of $49K, with expenses exceeding revenue.
Frequently Asked Questions about Maryland Forestry Boards Foundation Inc
Is Maryland Forestry Boards Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Maryland Forestry Boards Foundation Inc (EIN: 521694086) insufficient data. 0 red flags identified, 0 strengths noted.
How does Maryland Forestry Boards Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Maryland Forestry Boards Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Maryland Forestry Boards Foundation Inc tax-deductible?
Maryland Forestry Boards Foundation Inc is registered as a tax-exempt nonprofit (EIN: 521694086). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Maryland Forestry Boards Foundation Inc located?
Maryland Forestry Boards Foundation Inc is headquartered in Annapolis, Maryland and files with the IRS under EIN 521694086. It is classified under NTEE code C30Z.
How many years of IRS 990 filings does Maryland Forestry Boards Foundation Inc have?
Maryland Forestry Boards Foundation Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.7M in total revenue.
Filing History
IRS 990 filing history for Maryland Forestry Boards Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Maryland Forestry Boards Foundation Inc's revenue has grown by 3788.7%, moving from $36K to $1.4M. Total assets increased by 27.1% over the same period, from $68K to $86K. Total functional expenses rose by 3186.7%, from $44K to $1.4M. In its most recent filing year (2023), Maryland Forestry Boards Foundation Inc reported a deficit of $49K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.4M | $86K | $0 | — | View 990 |
| 2022 | $1.4M | $1.3M | $135K | $0 | — | View 990 |
| 2021 | $866K | $910K | $21K | $0 | — | — |
| 2020 | $710K | $745K | $66K | $0 | — | View 990 |
| 2018 | $495K | $478K | $79K | $0 | — | View 990 |
| 2017 | $187K | $200K | $63K | $0 | — | View 990 |
| 2016 | $132K | $130K | $75K | $0 | — | View 990 |
| 2015 | $245K | $253K | $73K | $0 | — | View 990 |
| 2014 | $233K | $235K | $81K | $0 | — | View 990 |
| 2013 | $106K | $84K | $82K | $0 | — | View 990 |
| 2012 | $64K | $72K | $61K | $0 | — | View 990 |
| 2011 | $36K | $44K | $68K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $86K (revenue +2.4% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.3M, and assets of $135K (revenue +57.9% year-over-year).
- 2021: Revenue of $866K, expenses of $910K, and assets of $21K (revenue +21.8% year-over-year).
- 2020: Revenue of $710K, expenses of $745K, and assets of $66K (revenue +43.6% year-over-year).
- 2018: Revenue of $495K, expenses of $478K, and assets of $79K (revenue +164.9% year-over-year).
- 2017: Revenue of $187K, expenses of $200K, and assets of $63K (revenue +41.0% year-over-year).
- 2016: Revenue of $132K, expenses of $130K, and assets of $75K (revenue -45.9% year-over-year).
- 2015: Revenue of $245K, expenses of $253K, and assets of $73K (revenue +4.8% year-over-year).
- 2014: Revenue of $233K, expenses of $235K, and assets of $81K (revenue +121.2% year-over-year).
- 2013: Revenue of $106K, expenses of $84K, and assets of $82K (revenue +64.6% year-over-year).
- 2012: Revenue of $64K, expenses of $72K, and assets of $61K (revenue +78.1% year-over-year).
- 2011: Revenue of $36K, expenses of $44K, and assets of $68K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maryland Forestry Boards Foundation Inc:
Data Sources and Methodology
This transparency report for Maryland Forestry Boards Foundation 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.