Maryland Workforce Alliance Inc

Nonprofit profile at a glance

EIN
823419301
IRS 990-EZ coverage
2024–2024
Forms available
Form 990-EZ 2024
Location
Greenbelt, MD, USA
Phone
2022408743
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Education N.E.C.

Official website

Reported finances

Revenue
$122,363
Expenses
$66,185
Assets
$58,062
Liabilities
$0

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

Leadership & pay

3 people listed

People named in this filing

  • JENNIFER DEWEES (Chairperson)
  • ERIN FINNEGAN-SMITH (Director)
  • Grant Shmelzer (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Maryland Workforce Alliance is a nonprofit coalition that unites unions, trade associations, nonprofits, and education institutions with the common goal to strengthen Maryland's workforce and help working people find good jobs that pay a livable wage.

What it reported doing in 2024

A series of in-person events designed to showcase the benefits of apprenticeship as a workforce solution. Focused on high school-level apprenticeships and provided valuable insights into the resources and incentives available to support employers and workforce development organizations across Maryland.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 1
  • Transparency & Controls: 82
  • Sustainability: 76
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 1.2%; rating input score 1
  • Program expense ratio: 2.1%; rating input score 2

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 45.9%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 0.88; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 1.2% of revenue deployed · 2.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $1K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Financial Efficiency: Mission deployment rate scored 1/100.
  • High — Financial Efficiency: Program expense ratio scored 2/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.