Greater Baybrook Alliance Inc

Nonprofit profile at a glance

EIN
825509289
IRS 990 coverage
2019–2024
Forms available
Form 990 2024, Form 990-N 2017
Location
Baltimore, MD, USA
Phone
4109292270
Rating
88
Verdict
STRONG
Rating confidence
Standard
Sector
Economic Development

Official website

Reported finances

Revenue
$3,361,787
Expenses
$3,230,849
Assets
$1,746,006
Liabilities
$464,947

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

13 people listed

Executive titles in this filing

  • Meredith Chaiken (CEO)
  • Naisha Vinson (President)
  • Kellie Gaither (Vice President)

Highest reported compensation

  • Meredith Chaiken (CEO): $137,600 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Greater Baybrook Alliance GBA is a non-profit community development organization whose mission is to act as a catalyst and conduit for equitable development and reinvestment in the Brooklyn, Brooklyn Park, Curtis Bay neighborhoods and empower our residents to strengthen the Baybrook community.

What it reported doing in 2024

Capital Construction, Investment, and Rehabilitation: GBA implements meaningful capital improvement projects that address disinvestment in Baybrooks neighborhoods such as upgrades to public parks, green spaces, and recreational amenities; improvements to residential blocks; and physical interventions in crime-facilitating spaces using a Crime Prevention Through Environmental Design framework. Through this work, GBA catalyzes attractive retail corridors and safer residential neighborhoods, prompting investment in residential markets and contributing to a stronger and healthier Baybrook.

Operating model

Revenue model
Grant-funded. 66% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 72% for direct work, and 28% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 100
  • Accountability: 100
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.4%; rating input score 78
  • Program expense ratio: 81.5%; rating input score 82
  • Fundraising efficiency: $28.37 raised per $1 spent on fundraising; rating input score 68; 68th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 3.9%; rating input score 47; 47th percentile among comparable filings
  • Total-asset coverage ratio: 0.54; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.27; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 4.3%; rating input score 59; 59th percentile among comparable filings

Growth

  • Program expense growth: 26.8% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 23.2% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 21.9% per year; rating input score 100; 86th percentile among comparable filings

Details

  • Where the money goes: 78.4% of revenue deployed · 81.5% of spending went to programs
  • Governance: 12 of 12 board members independent · 8 of 8 filing controls reported
  • Programs: 5 filed program accomplishments · $2.6M in reported program spending
  • Leadership: top reported pay $138K · 13 people listed
  • Consistency: 32 of 32 current checks pass
  • Schedules: 6 filed schedules · includes major donors, grants, and related organizations
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Money network: 12 filed money-flow records
  • Related organizations: 11 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 47/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
  • Review — Sustainability: Officer compensation ratio scored 59/100.