Overview
What is Progressive Maryland Education Fund Inc?
Progressive Maryland Education Fund Inc is a nonprofit organization situated in Upper Marlboro, Maryland. With just two employees, this organization is committed to improving the lives of working families. Their primary focus lies in researching and reporting on public policy issues that affect this demographic. They also engage in non-partisan leadership training, specifically targeting young, low-income, and underrepresented individuals of color. Furthermore, they conduct non-partisan voter registration for historically disenfranchised minorities within the state of Maryland. Their mission is to educate and mobilize the public, aiming to enhance the quality of life for working families.
What are the reviews and ratings of this charity?
Charity Navigator rates Progressive Maryland Education Fund Inc at 87%, which equates to a Three-Star out of Four Star rating. This score reflects the organization's strong accountability and financial practices, particularly with an Accountability & Finance Score of 85 and a Culture & Community Score of 100, indicating a solid reputation in these areas.
The organization demonstrates efficient use of its resources, as evidenced by a Program Expense Ratio of nearly 85%. Its financial management appears sound, with a low liabilities to assets ratio of 6.17% and a working capital ratio that suggests good stability over time. Additionally, all board members are independent, which enhances governance integrity.
However, there are some gaps in policy documentation, specifically the absence of a whistleblower policy and document retention procedures. Despite these limitations, the overall strengths of financial management, operational efficiency, and commitment to equity highlight the organization's focus on effective community engagement and internal accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Progressive Maryland Education Fund Inc legitimate?
Progressive Maryland Education Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Progressive Maryland Education Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $612,512
For more financial information, click here
What is the mission statement of Progressive Maryland Education Fund Inc?
Progressive Maryland Education Fund Inc's mission is centered around enhancing the quality of life for working families. The organization fulfills this mission by educating the public on relevant public policy issues and engaging in non-partisan leadership training, particularly focusing on developing young, low-income, and minority leaders. Additionally, they engage in non-partisan voter registration efforts for historically disenfranchised minorities in Maryland.
Who is the CEO of Progressive Maryland Education Fund Inc?
Larry Stafford is the President of Progressive Maryland Education Fund Inc.
What is the revenue of Progressive Maryland Education Fund Inc?
Progressive Maryland Education Fund Inc's revenue in 2022 was $2,258,839.
Who are the executives of Progressive Maryland Education Fund Inc and what are their salaries?
The average compensation at Progressive Maryland Education Fund Inc during 2022 was $306,256. There are 2 employees and 4 volunteers at Progressive Maryland Education Fund Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Progressive Maryland Education Fund Inc?
Progressive Maryland Education Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Progressive Maryland Education Fund Inc
Progressive Maryland Education Fund, a nonprofit organization, is dedicated to improving the quality of life for working families. Their mission revolves around educating and organizing the public on matters that significantly impact these families. This involves conducting research and reporting on public policy issues that concern working families. Moreover, the organization engages in non-partisan leadership training, particularly focusing on developing young, low-income, and individuals of color as leaders. Additionally, Progressive Maryland Education Fund is involved in non-partisan voter registration, particularly of historically disenfranchised minorities in Maryland. This multifaceted approach aims to empower and uplift working families, ensuring their voices are heard and their needs are addressed in policy-making processes.
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Impact
July, 2024
Progressive Maryland Education Fund Inc educates and organizes the public to improve the quality of life for working families. Through their state program, they research and report on public policy issues affecting working families in Maryland. Additionally, the organization provides non-partisan leadership training to develop young, low-income, and minority leaders. They also play a crucial role in non-partisan voter registration efforts, particularly focusing on historically disenfranchised minorities in the state of Maryland. Their impact spans across education, community organization, and civic engagement, ultimately working towards a better quality of life for working families in the state.
This information is meant to be a general summary of Progressive Maryland Education Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $2,258,839
Assets and Liabilities:
- Total Assets: $1,345,846
- Total Liabilities: $83,133
- Net Assets: $1,262,713
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Organization Details
Founding Year
1991
Phone
(301) 495-7004Principal Officer
Larry Stafford
Main Address
9801 APOLLO DRIVE, UPPER MARLBORO, MD, 20792
NTEE Category
Code: B03 - Education
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