2024-01-31T09:03:03-06:00 2023-06-30 520959934 ELLIN & TUCKER CHARTERED 400 EAST PRATT ST SUITE 200 BALTIMORE MD 21202 990 2022-07-01 814607977 CASH CAMPAIGN OF MARYLAND INC CASH 4105288006 575 S CHARLES ST STE 500 BALTIMORE MD 21201 ROBIN MCKINNEY CEO 4105288006 2024-01-29 1 ROBIN MCKINNEY 999009999 0 SUSAN KELLER P00245169 4107275735 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ROBIN MCKINNEY 575 S CHARLES ST STE 500 BALTIMORE MD 21201 5635229 0 X WWW.CASHMD.ORG X 2017 MD THE CASH CAMPAIGN OF MARYLAND PROMOTES ECONOMIC ADVANCEMENT FOR LOW-TO-MODERATE INCOME INDIVIDUALS AND FAMILIES IN BALTIMORE AND ACROSS MARYLAND. CASH ACCOMPLISHES ITS MISSION THROUGH OPERATING A PORTFOLIO OF DIRECT SERVICE PROGRAMS, BUILDING ORGANIZATIONAL AND FIELD CAPACITY, AND LEADING POLICY AND ADVOCACY INITIATIVES TO STRENGTHEN FAMILY ECONOMIC STABILITY. 10 10 54 216 0 0 2906247 5408359 155907 190440 344 33299 5603 3131 3068101 5635229 366218 2749983 0 0 1628346 1895606 0 0 30980 525752 648114 2520316 5293703 547785 341526 2021613 2744875 173643 555379 1847970 2189496 X THE CASH CAMPAIGN OF MARYLAND PROMOTES ECONOMIC ADVANCEMENT FOR LOW-TO-MODERATE INCOME INDIVIDUALS AND FAMILIES IN BALTIMORE AND ACROSS MARYLAND. CASH ACCOMPLISHES ITS MISSION THROUGH OPERATING A PORTFOLIO OF DIRECT SERVICE PROGRAMS, BUILDING ORGANIZATIONAL AND FIELD CAPACITY, AND LEADING POLICY AND ADVOCACY INITIATIVES TO STRENGTHEN FAMILY ECONOMIC STABILITY. 1 0 1274942 549983 FINANCIAL CAPABILITY SERVICES INCLUDING FREE TAX PREPARATION, FINANCIAL EDUCATION, FINANCIAL COACHING, AND SCREENING FOR PUBLIC BENEFITS. FREE TAX PREPARATION IS OFFERED THROUGH THE IRS VOLUNTEER INCOME TAX PREPARATION ASSISTANCE PROGRAM. IN 2023, CASH GAINED 45 NEW FINANCIAL COACHING CLIENTS AND HELPED 67% OF THEM INCREASE THEIR CREDIT SCORES BY AN AVERAGE OF 37 POINTS AND DECREASE CONSUMER DEBT BY $190,000. CASH OFFERED 195 FINANCIAL EDUCATION CLASSES TO 4,534 INDIVIDUALS, AND 2,000 PEOPLE WERE IMPACTED VIA OUTREACH EVENTS. CASH SCREENED 379 HOUSEHOLDS FOR BENEFITS AND ENROLLED 172 FAMILIES RESULTING IN $200,366 OF ASSISTANCE. ADDITIONALLY, 407 PRACTITIONERS WERE TRAINED THROUGH 34 EVENTS. RETURNING $25.8 MILLION TO RESIDENTS, CASH PREPARED 16,737 TAXES, WHICH ALSO SAVED RESIDENTS $5.1 MILLION TOTAL. THIS WOULD NOT HAVE BEEN POSSIBLE WITHOUT 460 VOLUNTEERS WHO DONATED THEIR TIME ACROSS 26 SITES IN MARYLAND. 926951 190440 PRACTITIONER TRAINING AND CAPACITY BUILDING INCLUDES VOLUNTEER AND PARTNER TRAINING, FEE FOR SERVICE CUSTOMIZED TRAINING, AND TECHNICAL ASSISTANCE. IN 2023, CASH TRAINED 2,013 PRACTITIONERS WITH FINANCIAL CONTENT AND PROVIDED 109 CUSTOMIZED TRAINING/CONFERENCE SESSIONS. 231736 POLICY RESEARCH AND ADVOCACY FOCUSES ON POLICIES THAT HELP OR HINDER THE FINANCIAL SECURITY OF LOW-TO-MODERATE INCOME MARYLANDERS. IN 2023, CASH TRACKED 151 BILLS AND SUPPORTED 69 THROUGH WRITTEN AND ORAL TESTIMONY. OF THESE, 32 BILLS WERE SUCCESSFULLY PASSED INCLUDING THE FAMILY PROSPERITY ACT OF 2023. 2200000 2200000 THE BALTIMORE YOUNG FAMILIES SUCCESS FUND (BYFSF) IS A GUARANTEED INCOME PILOT PROJECT LAUNCHED BY MAYOR BRANDON M. SCOTT TO PROVIDE 200 YOUNG PARENTS, BETWEEN 18-24 YEARS OLD, WITH AN UNCONDITIONAL CASH PAYMENT OF $1,000 PER MONTH OVER THE COURSE OF 24 MONTHS. THE FIRST PAYMENT WENT OUT IN AUGUST 2022 AND THE FINAL PAYMENT WILL BE IN JULY 2024. 2200000 2200000 4633629 1 1 0 1 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 54 1 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X ROBIN MCKINNEY 4105288006 575 S CHARLES ST STE 500 BALTIMORE MD 21201 JOANNA SMITH-RAMANI DIRECTOR 1.00 X 0 0 0 LAURA TAYLOR DIRECTOR 1.00 X 0 0 0 MARTIN DUKLER DIRECTOR 1.00 X 0 0 0 MARY JEAN HERRON CHAIR 1.00 X 0 0 0 MEG WOODSIDE DIRECTOR 1.00 X 0 0 0 MELANIE STYLES VICE CHAIR 1.00 X 0 0 0 MICHAEL HARRIS TREASURER 1.00 X 0 0 0 PETER HAUKEBO DIRECTOR 1.00 X 0 0 0 THOMASINA HIERS SECRETARY 1.00 X 0 0 0 TRACI KODECK DIRECTOR 1.00 X 0 0 0 ROBIN MCKINNEY CEO 40.00 X 128374 0 7326 SARA JOHNSON COO 40.00 X 119339 0 25566 247713 0 32892 2 0 0 0 0 3319170 2089189 5408359 OTHER PROGRAMS 900099 89926 89926 REGISTRATION INCOME 900099 60802 60802 TRAINING CLASSES 900099 39712 39712 190440 33299 33299 REIMBURSEMENT INCOME 900099 3131 3131 3131 5635229 190440 0 36430 549983 549983 2200000 2200000 247713 195693 47066 4954 1331225 1051521 258853 20851 37011 29235 7171 605 163373 129050 31653 2670 116284 91854 22530 1900 73739 39079 34660 73355 38876 34479 122566 99931 22635 93614 61013 32601 93501 34198 59303 72251 15799 56452 20414 16605 3809 24363 24264 99 38649 34784 3865 18733 6852 11881 MISC EXPENSES 8642 8642 PRINTING & REPRODUCTION 8287 6250 2037 5293703 4633629 629094 30980 X 1213287 1338222 694146 746121 22032 219028 137648 84229 81502 53419 10646 388085 2021613 2744875 163066 170537 10577 384842 173643 555379 X 1560081 866267 287889 1323229 1847970 2189496 2021613 2744875 341526 0 X 0 1 X 1 0 X 1625270 2008999 2087575 2906247 5408359 14036450 1625270 2008999 2087575 2906247 5408359 14036450 2475599 11560851 7256 3493 219 344 33299 44611 14081061 839977 0.82100 0.74780 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1412 1412 4632217 4633629 381681 95420 0 0 236537 253346 255850 381681 1127414 1691121 1345 17521 2515 1412 22793 59134 63337 63963 95420 281854 422781 137648 84229 53419 53419 SECURITY DEPOSITS 10646 RIGHT OF USE ASSET 377439 388085 LEASE LIABILITY 384842 384842 X 5635229 0 5635229 0 5635229 5293703 0 5293703 0 5293703 PART X, LINE 2: CASH FOLLOWS THE PROVISIONS OF ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES UNDER THE INCOME TAXES TOPIC OF THE CODIFICATION. THE CODIFICATION REQUIRES THE EVALUATION OF TAX POSITIONS, WHICH INCLUDE MAINTAINING ITS TAX-EXEMPT STATUS AND THE TAXABILITY OF ANY UNRELATED BUSINESS INCOME, AND DOES NOT ALLOW RECOGNITION OF TAX POSITIONS WHICH DO NOT MEET A "MORE-LIKELY-THAN-NOT" THRESHOLD OF BEING SUSTAINED BY THE APPLICABLE TAX AUTHORITY. MANAGEMENT DOES NOT BELIEVE IT TOOK ANY TAX POSITIONS THAT WOULD NOT MEET THIS THRESHOLD. 0 ALLEGANY COUNTY HUMAN RESOURCE DEVELOPMENT COMMISSION INC 526065754 501(C)(3) 25714 0 CASH PROVIDE FREE TAX PREP FOR LOW-INCOME TAXPAYERS. BALTIMORE INFANTS AND TODDLERS PROGRAM 526000889 GOV'T ENTITY 38115 0 CASH SUPPORT PREGNANT/ POSTPARTUM WOMEN THROUGH CARE COORDINATION AND LINKAGES TO COMMUNITY SUPPORTS CAPITAL AREA FOOD BANK 521167581 501(C)(3) 10000 0 CASH CLIENT ENGAGEMENT FOR EITC/CTC ADVOCACY. CASA DE MARYLAND 521372972 501(C)(3) 33000 0 CASH PROVIDE TAX PREP FOR LOW INCOME TAXPAYERS AND ADVOCACY. CENTER FOR URBAN FAMILIES INC 522142708 501(C)(3) 10000 0 CASH PROVIDE TAX PREP FOR LOW INCOME TAXPAYERS COMMUNITY TAX AID 521557807 501(C)(3) 8000 0 CASH PROVIDE FREE TAX PREP FOR LOW-INCOME TAXPAYERS. CROSS COMMUNITY 853283930 501(C)(3) 30000 0 CASH PROVIDE TAX PREP FOR LOW INCOME TAXPAYERS AND ADVOCACY. DELMARVA COMMUNITY SERVICES INC 521000521 501(C)(3) 12000 0 CASH PROVIDE FREE TAX PREP FOR LOW-INCOME TAXPAYERS. DUNDALK RENAISSANCE CORPORATION 522306483 501(C)(3) 18000 0 CASH PROVIDE TAX PREP FOR LOW INCOME TAXPAYERS GARRETT COUNTY COMMUNITY ACTION 520820662 501(C)(3) 18500 0 CASH PROVIDE FREE TAX PREP FOR LOW-INCOME TAXPAYERS. HUMAN SERVICES PROGRAMS OF CARROLL COUNTY 521549551 501(C)(3) 41200 0 CASH PROVIDE FREE TAX PREP FOR LOW-INCOME TAXPAYERS. INNER-COUNTY OUTREACH INC 311578102 501(C)(3) 5216 0 CASH PROVIDE FREE TAX PREP FOR LOW INCOME TAXPAYERS LIFESTYLES OF MARYLAND INC 522183558 501(C)(3) 28000 0 CASH PROVIDE FREE TAX PREP FOR LOW-INCOME TAXPAYERS. MAKING CHANGE INC 521755086 501(C)(3) 15000 0 CASH PROVIDE FREE TAX PREP FOR LOW-INCOME TAXPAYERS. MARYLAND CENTER FOR COLLEGIATE FINANCIAL WELLNESS 814607977 501(C)(3) 154390 0 CASH CASH IS THE FISCAL SPONSOR FOR MCCFW. MARYLAND CENTER ON ECONOMIC POLICY 900999151 501(C)(3) 30000 0 CASH EITC/CTC ADVOCACY. PRINCE GEORGE'S CASH CAMPAIGN 237011243 501(C)(3) 8000 0 CASH MONEY EXPLOSION FINANCIAL FAIR? SHORE UP INC 520886996 501(C)(3) 28300 0 CASH PROVIDE FREE TAX PREP FOR LOW-INCOME TAXPAYERS. UNITED WAY OF FREDERICK COUNTY INC 520607973 501(C)(3) 9000 0 CASH PROVIDE FREE TAX PREP FOR LOW-INCOME TAXPAYERS. 19 THE BALTIMORE YOUNG FAMILIES SUCCESS FUND (BYFSF) IS A GUARANTEED INCOME PILOT PROJECT LAUNCHED BY MAYOR BRANDON M. SCOTT TO PROVIDE 200 YOUNG PARENTS, BETWEEN 18-24 YEARS OLD, WITH AN UNCONDITIONAL CASH PAYMENT OF $1,000 PER MONTH OVER THE COURSE OF 24 MONTHS. THE FIRST PAYMENT WENT OUT IN AUGUST 2022 AND THE FINAL PAYMENT WILL BE IN JULY 2024. 200 2200000 FORM 990, PART III, LINE 2 CASH CAMPAIGN OF MARYLAND, INC. WAS APPOINTED TO OPERATE THE NEW PROGRAM - THE BALTIMORE YOUNG FAMILIES SUCCESS FUND (BYFSF) A GUARANTEED INCOME PILOT PROJECT LAUNCHED BY MAYOR BRANDON M. SCOTT TO PROVIDE 200 YOUNG PARENTS, BETWEEN 18-24 YEARS OLD, WITH AN UNCONDITIONAL CASH PAYMENT OF $1,000 PER MONTH OVER THE COURSE OF 24 MONTHS. THE FIRST PAYMENT WENT OUT IN AUGUST 2022 AND THE FINAL PAYMENT WILL BE IN JULY 2024. THE GRANTS TO INDIVIDUALS REPORTED ON THIS FORM ALL RELATE TO THIS PROGRAM. THE TOTAL GRANTS SCHEDULED TO BE PAID OVER THE TWO YEAR PERIOD ARE $4,800,000. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT 990 IS REVIEWED BY THE CEO AND BOARD TREASURER AND THE FINAL VERSION IS CIRCULATED TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 12C THE POLICY IS REVIEWED ANNUALLY. MEMBERS OF THE BOARD COMPLETE AND SIGN A CONFLICT DISCLOSURE STATEMENT WHICH IS REVIEWED BY THE CEO AND ANY CONFLICTS ARE NOTED. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE BOARD PERFORMS A COMPARATIVE STUDY OF SALARIES OF EXECUTIVE DIRECTORS OF SIMILAR TYPES OF LOCAL AND NATIONAL NON-PROFIT ORGANIZATIONS ON A PERIODIC BASIS. THEY PERFORM INTERVIEWS WITH PERSONNEL UNDER EVALUATION AFTER HAVING EXECUTIVE COMPLETE A WRITTEN EVALUATION. THE EXECUTIVE COMMITTEE RECOMMENDS APPROVAL TO THE FULL BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS AND ANNUAL RETURNS ARE AVAILABLE UPON REQUEST. FORM 990, PART X, LINE 15B IN FEBRUARY 2016, THE FASB ISSUED ACCOUNTING STANDARDS UPDATE 2016-02 LEASES (TOPIC 842) TO INCREASE TRANSPARENCY AND COMPARABILITY AMONG ORGANIZATIONS BY RECOGNIZING LEASE ASSETS AND THE CORRESPONDING LEASE LIABILITIES AND DISCLOSING KEY INFORMATION ABOUT LEASING ARRANGEMENTS FOR LESSEES AND LESSORS. THE NEW STANDARD APPLIES A RIGHT-OF-USE MODEL THAT REQUIRES, FOR ALL LEASES WITH A LEASE TERM OF MORE THAN 12 MONTHS, AN ASSET REPRESENTING ITS RIGHT TO USE THE UNDERLYING ASSET FOR THE LEASE TERM AND A LIABILITY TO MAKE LEASE PAYMENTS TO BE RECORDED. THE ORGANIZATION ADOPTED THE STANDARD EFFECTIVE JULY 1, 2022 AND RECOGNIZED AND MEASURED LEASES EXISTING AT, OR ENTERED INTO AFTER, JULY 1, 2022 THROUGH A CUMULATIVE EFFECT ADJUSTMENT. THE STANDARD HAD A MATERIAL IMPACT ON THE STATEMENT OF FINANCIAL POSITION BUT DID NOT HAVE A MATERIAL IMPACT ON THE STATEMENT OF ACTIVITIES NOR THE STATEMENT OF CASH FLOWS. THE MOST SIGNIFICANT IMPACT WAS THE RECOGNITION OF RIGHT-OF-USE ASSETS AND LEASE LIABILITIES FOR OPERATING LEASES. TO CONFORM WITH FASB AND TO AGREE WITH THE FINANCIAL STATEMENT, THE RIGHT OF USE ASSET HAS BEEN SEPERATELY STATED AS AN OTHER ASSET ON THIS 990.