Maryland Center For Veterans Education And Training Inc
- Assets
- $2.2m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 60
- Location
- Baltimore, MD
- Founding
- 06/1993
- Data as of
- 09/2020
- EIN
- 52-1815710
Organization Overview
Maryland Center For Veterans Education And Training Inc is located in Baltimore, MD. The organization was established in 1993. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 09/2020, Maryland Center For Veterans Education And Training Inc employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maryland Center For Veterans Education And Training Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 09/2020, Maryland Center For Veterans Education And Training Inc generated $2.9m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $2.6m during the year ending 09/2020. As we would expect to see with falling revenues, expenses have declined by (3.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOMELESS VETERANS AND OTHER VETERANS IN NEED WITH COMPREHENSIVE SERVICES THAT WILL ENABLE THEM TO REJOIN THEIR COMMUNITIES AS PRODUCTIVE CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONVENIENTLY LOCATED IN THE BALTIMORE METROPOLITAN AREA, THIS 110,000 SQUARE FEET FACILITY HAS ALLOWED OVER 10,000 HOMELESS VETERANS TO RECEIVE DRUG AND ALCOHOL TREATMENT IN A SAFE AND CLEAN ENVIRONMENT. MCVET INTEGRATES EVIDENCE-BASED, MULTI-DISCIPLINARY PROGRAMS DESIGNED TO PROMOTE THE RECOVERY PROCESS THROUGH GROUP AND INDIVIDUAL COUNSELING, CASE MANAGEMENT, ALCOHOL COUNSELING, AND REINTEGRATION TRAINING.
THE MCVET INTENSIVE OUTPATIENT PROGRAM AND OUTPATIENT PROGRAM HELPS VETERANS AND NON-VETERANS STRUGGLING WITH SUBSTANCE USE DISORDERS; MAINTAIN ABSTINENCE FROM ALCOHOL AND OR DRUGS, WHILE AT THE SAME TIME DEVELOPING AND ENHANCING HEALTHY LIFE SKILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Kendrick Executive Di | OfficerTrustee | 40 | $95,162 |
Lola Onabiyi Cfo-7/15/21 | OfficerTrustee | $55,368 | |
Olu Fadina CFO 7/15/21 | OfficerTrustee | $0 | |
Howard H Moffett Treasurer | OfficerTrustee | $0 | |
Evelyn Marshall Gaines President | OfficerTrustee | $0 | |
Lee Rosenberg Vice Preside | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,769,543 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$7,840 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,862,708 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $101,401 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $159,825 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,191,885 |
| Pension plan accruals and contributions | $12,854 |
| Other employee benefits | $88,270 |
| Payroll taxes | $80,218 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,494 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $94,856 |
| Advertising and promotion | $2,550 |
| Office expenses | $48,436 |
| Information technology | $20,412 |
| Royalties | $0 |
| Occupancy | $182,757 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $15,144 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $161,883 |
| Insurance | $80,104 |
| All other expenses | $0 |
| Total functional expenses | $2,611,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,115 |
| Savings and temporary cash investments | $52,582 |
| Pledges and grants receivable | $248,276 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $25,078 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,236,298 |
| Accounts payable and accrued expenses | $140,396 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $431,572 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $12,252 |
| Total liabilities | $584,220 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $1,652,078 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Maryland Center For Veterans Education And Training Inc has recieved totaling $86,073.
| Awarding Organization | Amount |
|---|---|
Friendly Inn Association Of Baltimore City Baltimore, MD PURPOSE: OPERATING SUPPORT | $50,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $19,641 |
American Legion Ocean City, MD PURPOSE: VETERANS OUTREACH | $10,000 |
Nora Roberts Foundation Inc Glenn Dale, MD PURPOSE: OPERATIONS | $5,000 |
Lester Poretsky Family Foundation Inc Potomac, MD PURPOSE: SUPPORT OF SEC. 501(C)(3) ORGANIZATION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $432 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pathways To Housing Dc Washington, DC | $5,758,057 | $16,638,117 |
For The Girls Wheaton, MD | $1,479,241 | $6,747,271 |
Ministry Of Caring Inc Wilmington, DE | $54,478,470 | $18,387,590 |
Washington City Mission Inc Washington, PA | $16,120,298 | $9,648,991 |
West Virginia Coalition To End Homelessness Inc Bridgeport, WV | $2,317,658 | $6,094,283 |
Sunday Breakfast Mission Inc Wilmington, DE | $4,993,821 | $9,441,519 |
Miriams Kitchen Washington, DC | $5,984,794 | $8,193,619 |
Coalition For The Homeless Inc Washington, DC | $8,210,055 | $6,494,266 |
Back On My Feet Philadelphia, PA | $5,878,607 | $7,836,795 |
Samaritan Inns Inc Washington, DC | $7,778,668 | $4,753,931 |
Rescue Mission Of Roanoke Inc Roanoke, VA | $11,303,940 | $5,672,596 |
Three Oaks Homeless Shelter Inc Lexington Park, MD | $3,850,234 | $5,125,353 |