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Maryland Association Of Certified Public Accountants Educational Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521787902 ✦ Towson, MD ✦ Designated as a 501(c)(3)

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Overview

What is Maryland Association Of Certified Public Accountants Educational Foundation Inc?

The Maryland Association Of Certified Public Accountants Educational Foundation Inc is a nonprofit organization based in Towson, Maryland. Their primary mission is to inspire and support accounting students, offering scholarships based on financial need, academic merit, and a commitment to becoming Certified Public Accountants (CPAs). Additionally, the foundation encompasses various pipeline, diversity, and inclusion initiatives to foster a diverse and inclusive accounting profession. Located at 901 Dulaney Valley Road Suite 800, this nonprofit aims to carry on the charitable and educational activities of the Maryland Association of Certified Public Accountants, Inc (MACPA).


Official website here: www.macpa.org/foundation

Is Maryland Association Of Certified Public Accountants Educational Foundation Inc legitimate?

Maryland Association Of Certified Public Accountants Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maryland Association Of Certified Public Accountants Educational Foundation 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: $0

For more financial information, click here


Official website here: www.macpa.org/foundation

What is the mission statement of Maryland Association Of Certified Public Accountants Educational Foundation Inc?

The Maryland Association of Certified Public Accountants Educational Foundation's primary purpose is to inspire and support students in pursuing careers as Certified Public Accountants. It also carries out charitable and educational activities in alignment with the Maryland Association of Certified Public Accountants, Inc. The foundation's mission extends to include initiatives aimed at promoting diversity and inclusion within the CPA field, as well as a CPA pipeline program. The foundation's work is notably demonstrated through the provision of scholarships to accounting students based on merit, need, and a strong desire to become Certified Public Accountants.


Official website here: www.macpa.org/foundation

Who is the CEO of Maryland Association Of Certified Public Accountants Educational Foundation Inc?

Laura Swann is the Chief Executive Officer of Maryland Association Of Certified Public Accountants Educational Foundation Inc. The CEO's salary of Maryland Association Of Certified Public Accountants Educational Foundation Inc is $0 and their total compensation is $273,348.


Official website here: www.macpa.org/foundation

What is the revenue of Maryland Association Of Certified Public Accountants Educational Foundation Inc?

Maryland Association Of Certified Public Accountants Educational Foundation Inc's revenue in 2022 was $187,000.


Official website here: www.macpa.org/foundation

Who are the executives of Maryland Association Of Certified Public Accountants Educational Foundation Inc and what are their salaries?

There 11 volunteers at Maryland Association Of Certified Public Accountants Educational Foundation Inc.


Here are 13 key members and their salaries (Maryland Association Of Certified Public Accountants Educational Foundation Inc's CEO's salary is $0 and their total compensation is $273,348):


Jacqueline Brown (Chief Executive Officer)
  • Compensation: $0
  • Related: $253,460
  • Other: $19,888
Francis Falatko (Chief Financial Officer)
  • Compensation: $0
  • Related: $148,513
  • Other: $11,500
Kimberly N Ellison-Taylor (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Samantha Bowling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Avonette Blanding (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick M Byer Sr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Chutka (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herb Geary Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica E Mcclain (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anoop N Mehta (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicholas Tatum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Satina V Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Willie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.macpa.org/foundation

Where can I find the form 990 for Maryland Association Of Certified Public Accountants Educational Foundation Inc?

Maryland Association Of Certified Public Accountants Educational Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.macpa.org/foundation

Learn more at the official website: www.macpa.org/foundation

Mission Statement of Maryland Association Of Certified Public Accountants Educational Foundation Inc

The Maryland Association of Certified Public Accountants Educational Foundation Inc, in essence, strives to inspire and support students pursuing careers as Certified Public Accountants (CPAs). Its primary goal is to uphold the charitable and educational endeavors initiated by the Maryland Association of Certified Public Accountants, Inc. (MACPA). The Foundation also incorporates initiatives aimed at fostering diversity and inclusion within the field of accounting.

In line with its purpose, the Foundation awards scholarships to deserving accounting students based on various factors such as financial need, academic merit, and a demonstrated desire to become a Certified Public Accountant. Moreover, the Foundation engages in pipeline and diversity and inclusion initiatives to encourage and support underrepresented groups in the accounting profession. By providing scholarships and fostering inclusivity, the Maryland Association of Certified Public Accountants Educational Foundation Inc plays a significant role in nurturing the next generation of accountants and promoting diversity within the field.

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Impact




October, 2024

The Maryland Association of Certified Public Accountants Educational Foundation Inc significantly impacts the accounting profession by providing crucial support to aspiring Certified Public Accountants (CPAs). By offering scholarships to accounting students based on need, merit, and a commitment to pursuing a CPA career, the Foundation plays a vital role in making education more accessible and helping to alleviate financial barriers.

Additionally, the Foundation promotes diversity and inclusion within the accounting field through targeted initiatives, ensuring that a broader range of individuals has the opportunity to enter and succeed in this essential profession. The CPA pipeline initiatives further encourage students from various backgrounds to consider careers in accounting, fostering a more diverse workforce that can better reflect and serve the community. Overall, the Foundation is instrumental in shaping the future of the accounting profession by empowering the next generation of CPAs.




This information is meant to be a general summary of Maryland Association Of Certified Public Accountants Educational Foundation 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.

Revenue
$187,000 (2022)
Expenses
$59,483 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $62,220
  • Gross Receipts: $229,484

Assets and Liabilities:

  • Total Assets: $630,802
  • Total Liabilities: $4,531
  • Net Assets: $626,271

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Organization Details

Founding Year

1992

Principal Officer

Laura Swann

Main Address

901 Dulaney Valley Road Suite 800, Towson, MD, 21204

NTEE Category

Code: B820 - Education

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