Penn-mar Development Corporation

Nonprofit profile at a glance

EIN
311657868
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Freeland, MD, USA
Phone
4103431069
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$28,669
Expenses
$69,134
Assets
$547,466
Liabilities
$213,495

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

Leadership & pay

7 people listed

Executive titles in this filing

  • GREGORY T MILLER (CHAIRMAN & CEO)
  • MARVIN PYLES (EXECUTIVE DIRECTOR)
  • MICHAEL MAHON (FORMER EXECUTIVE DIRECTOR)

Highest reported compensation

  • GREGORY T MILLER (CHAIRMAN & CEO): $448,991 total reported compensation
  • MICHAEL MAHON (FORMER EXECUTIVE DIRECTOR): $272,293 total reported compensation
  • MARVIN PYLES (EXECUTIVE DIRECTOR): $8,025 total reported compensation

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

Overview

Mission

To receive and administer funds for, to establish, maintain, supervise, coordinate, assist, & perform planning and other functions for, and to carry out the charitable & educational purposes of penn-mar organization. Penn-mar organization inc provides residential programs for persons with developmental disabilities.

What it reported doing in 2024

Purchased property for the use of penn-mar organization, inc. (of md) and penn-mar organization, inc. (of pa) in it's residential program for persons with developmental disabilities.provided/rented living quarters to persons with developmental disabilities who participate in the programs of penn-mar organization, inc (of md) and penn-mar organization inc (of pa).

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 60
  • Accountability: 69
  • Sustainability: 26
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: -141.1%; rating input score 16; 16th percentile among comparable filings
  • Total-asset coverage ratio: 7.92; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0.39; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 124.6%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: 0.7% per year; rating input score 100; 53rd percentile among comparable filings
  • Revenue growth: -15.2% per year; rating input score 0; 24th percentile among comparable filings
  • Asset growth: -2.5% per year; rating input score 0; 28th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 6 of 6 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $69K in reported program spending
  • Leadership: top reported pay $449K · 7 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 15 of 15 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 3 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.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 16/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.