Overview
What is Business Volunteers Maryland Inc?
Business Volunteers Maryland Inc, situated in Baltimore, Maryland, serves as a volunteer service organization. Its primary mission is to foster volunteerism by connecting motivated individuals and businesses with suitable nonprofit organizations, ultimately strengthening local communities. With a dedicated team of nine employees, the organization plays a crucial role in preparing professionals for service on nonprofit boards and consults on corporate community engagements. By bridging the gap between people and organizations, Business Volunteers Maryland Inc actively contributes to the betterment of the Baltimore community.
Official website here: www.businessvolunteersmd.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 91% (Four-Star out of Four Stars)
Business Volunteers Maryland Inc has received a commendable Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial health. The high score reflects a solid performance in various accountability measures, with a perfect score for independent board member presence and oversight committee effectiveness. The organization demonstrates good governance practices, with essential policies like whistleblower and conflict of interest policies in place.
The organization has also showcased efficiency in its financial management, evidenced by a program expense ratio of 78.75%, indicating that a significant portion of its expenses directly supports its programs. Additionally, the absence of material asset diversion further strengthens its financial integrity. The liabilities to assets ratio stands at 56.88%, suggesting a reasonable balance between liabilities and assets, although there is room for improvement.
Overall, Business Volunteers Maryland Inc shows strong adherence to best practices in governance and finance, positioning itself as a trustworthy nonprofit. However, stakeholders may want to keep an eye on the liabilities to assets ratio to ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Business Volunteers Maryland Inc legitimate?
Business Volunteers Maryland Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Business Volunteers Maryland 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: $208,248
Professional Fundraising Fees: $0
Other Salaries and Wages: $301,096
For more financial information, click here
Official website here: www.businessvolunteersmd.org
What is the mission statement of Business Volunteers Maryland Inc?
Business Volunteers Maryland Inc's mission is centered around inspiring volunteerism and bridging motivated individuals and businesses with nonprofit organizations. Their goal is to strengthen communities by connecting the right people with the right organizations. Their programs are designed to facilitate this process, ensuring a meaningful impact. The organization operates as a volunteer service in Maryland, providing volunteers to local community and charitable organizations. They also prepare professionals for service on nonprofit boards of directors and offer consulting services for corporate community engagements.
Official website here: www.businessvolunteersmd.org
Who is the CEO of Business Volunteers Maryland Inc?
Julie Kernan is the CEO of Business Volunteers Maryland Inc The CEO's salary of Business Volunteers Maryland Inc is $85,130 and their total compensation is $103,976.
Official website here: www.businessvolunteersmd.org
What is the revenue of Business Volunteers Maryland Inc?
Business Volunteers Maryland Inc's revenue in 2023 was $910,168.
Official website here: www.businessvolunteersmd.org
Who are the executives of Business Volunteers Maryland Inc and what are their salaries?
The average compensation at Business Volunteers Maryland Inc during 2023 was $46,304. There are 11 employees and 70 volunteers at Business Volunteers Maryland Inc.
Here are 20 key members and their salaries (Business Volunteers Maryland Inc's CEO's salary is $85,130 and their total compensation is $103,976):
- Compensation: $93,772
- Related: $0
- Other: $10,500
- Compensation: $85,130
- Related: $0
- Other: $18,846
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.businessvolunteersmd.org
Where can I find the form 990 for Business Volunteers Maryland Inc?
Business Volunteers Maryland Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.businessvolunteersmd.org
Learn more at the official website: www.businessvolunteersmd.org
Mission Statement of Business Volunteers Maryland Inc
Business Volunteers Maryland Inc, a volunteer service organization, is dedicated to inspiring volunteerism and fostering connections between motivated individuals and businesses with nonprofit organizations. Their mission is to bring the right people together with the right organizations, ultimately contributing to stronger communities. By organizing and providing volunteers to local community and charitable organizations, Business Volunteers Maryland Inc plays a crucial role in bridging the gap between those seeking to make a difference and the organizations that need their help. Furthermore, the organization prepares and involves professionals for service on nonprofit boards of directors and offers consulting services in corporate community engagements.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Business Volunteers Maryland Inc's impact lies in its ability to inspire volunteerism and connect motivated individuals and businesses with organizations, resulting in stronger communities. By organizing and providing volunteers to local community and charitable organizations, as well as preparing professionals for service on boards of directors and consulting on corporate community engagements, Business Volunteers Maryland Inc plays a crucial role in enhancing the social fabric of Baltimore, Maryland. Through their programs, they ensure that the right people are connected with the right organizations, fostering a culture of community improvement and empowerment.
This information is meant to be a general summary of Business Volunteers Maryland 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 2023.
- Investment Income: $4,833
- Program Service Revenue: $35,860
- Gross Receipts: $910,168
Assets and Liabilities:
- Total Assets: $625,003
- Total Liabilities: $355,504
- Net Assets: $269,499
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRAINING AND SEMINARS
Revenue
$35,860
Organization Details
Founding Year
1993
Principal Officer
Alissa Ganser
Website
www.businessvolunteersmd.orgNTEE Category
Code: S99Z - Community improvement
If you are a representative of Business Volunteers Maryland Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.