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Kids Chance Of Maryland Inc

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

EIN: 522037902 ✦ Towson, MD ✦ Designated as a 501(c)(3)

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Overview

What is Kids Chance Of Maryland Inc?

Kids Chance Of Maryland Inc is a nonprofit organization situated in Towson, Maryland. Their primary mission is to extend financial aid in the form of scholarships to children who have suffered a significant loss due to their parents' severe injuries or unfortunate demise. By providing these scholarships, they aim to help these children continue their education, overcoming the challenges brought about by their parents' misfortune. The organization, with a focus on supporting its beneficiaries, offers scholarships to 14 such children annually.


Official website here: www.kidschance-md.org

Is Kids Chance Of Maryland Inc legitimate?

Kids Chance Of Maryland Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kids Chance Of 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: $10,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.kidschance-md.org

What is the mission statement of Kids Chance Of Maryland Inc?

Kids Chance of Maryland Inc., as a mission, is dedicated to providing scholastic opportunities for children who have suffered a tragic loss or severe injury of a parent. This non-profit organization offers scholarships to these children, aiming to alleviate the financial burden of higher education and ensure these young individuals can pursue their academic dreams despite the adversities they've faced. Since its inception, Kids Chance of Maryland Inc. has awarded scholarships to fourteen such children, demonstrating its commitment to supporting these resilient young minds.


Official website here: www.kidschance-md.org

Who is the CEO of Kids Chance Of Maryland Inc?

Thomas Phelan is the Executive Assistant of Kids Chance Of Maryland Inc.


Official website here: www.kidschance-md.org

What is the revenue of Kids Chance Of Maryland Inc?

Kids Chance Of Maryland Inc's revenue in 2022 was $224,540.


Official website here: www.kidschance-md.org

Who are the executives of Kids Chance Of Maryland Inc and what are their salaries?


Here are 21 key members and their salaries:


Deborah Liberto (Executive Assistant)
  • Compensation: $10,000
  • Related: $0
  • Other: $0
John Parkerson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rudy Rose (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Mckenzie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Kellar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Ketelsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Weinberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Zerolnick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryl Tirocchi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Schwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Gordon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgar Dodd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Beiser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Gross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Jacobson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Highcove (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melinda Hayes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Phelan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rona Finkelstein (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Horowitz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.kidschance-md.org

Where can I find the form 990 for Kids Chance Of Maryland Inc?

Kids Chance Of Maryland Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.kidschance-md.org

Learn more at the official website: www.kidschance-md.org

Mission Statement of Kids Chance Of Maryland Inc

Kids Chance of Maryland Inc, as per its mission statement, focuses on providing scholarships to children who have experienced a significant loss due to their parents' severe injuries or unfortunate demise. This nonprofit organization aims to support these children, helping them continue their education and overcome the challenges brought about by their parents' misfortune. Through scholarships, Kids Chance of Maryland Inc seeks to alleviate some of the financial burdens faced by these children, enabling them to pursue their academic goals and secure a brighter future. To date, the organization has granted scholarships to 14 such children, demonstrating its commitment to fulfilling its mission.

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Impact




October, 2024

Kids Chance of Maryland Inc provides critical scholarships to children whose parents have suffered severe injuries or have been killed. By supporting these families, the organization alleviates some of the financial burdens associated with education, allowing children to pursue their academic goals despite the traumatic circumstances they face. In its efforts, Kids Chance has successfully awarded scholarships to 14 children, ensuring that they have access to opportunities that might otherwise be out of reach. This initiative not only empowers the children academically but also fosters a sense of community and resilience among families navigating the challenges of loss and hardship.




This information is meant to be a general summary of Kids Chance Of 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.

Revenue
$224,540 (2022)
Expenses
$106,120 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,234
  • Gross Receipts: $266,294

Assets and Liabilities:

  • Total Assets: $717,317
  • Total Liabilities: $0
  • Net Assets: $717,317

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Organization Details

Founding Year

1996

Principal Officer

Thomas Phelan

Main Address

PO BOX 20262, Towson, MD, 21284

NTEE Category

Code: T30Z - Philanthropy

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