Washington County Leadership Development Program INC EIN 20-3530981 Form 990 (PDF) Claim this org

Washington County Leadership Development Program INC FY2022 filing

Not yet claimed Claim this org →

Develops leaders to improve economic growth and quality of life in Washington County, Maryland. For fiscal year 2022 it reported $278K in revenue, $201K in expenses, and $346K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Hagerstown, MD
Website
www.leadershipwashingtoncounty.org
Filings
6 on file (2020–2022)
Revenue
$278KFY2022
Expenses
$201K
Net assets
$346K
People
19
Filings
6
Updates
0
More identity details & actions ⌄
EIN  20-3530981 Public charity (501(c)(3)) Hagerstown, MD
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Washington County Leadership Development Program INC claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Develops leaders to improve economic growth and quality of life in Washington County, Maryland.
Leadership
Tara Sargent · Executive Di · $86K
Money in and out
$278K revenue, $201K expenses
Bottom line
93% program efficiency
Where the money goes · FY2022
Total revenue
$278K
Pt VIII · Ln 12
Total expenses
$201K
Pt IX · Ln 25
Net assets
$346K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $77K
Where spending went · Part IX cols B–D
Program services $0.93 Management & general $0.07
Program efficiency
93%
of spending reaches programs
Operating runway
28.6mo
months of highly liquid reserves at operating expense rate
Surplus margin
+28%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$278K
FY2022▲ +15%
Expenses
$201K
FY2022▲ +4%
Total assets
$478K
FY2022▲ +5%
Total liabilities
$132K
FY2022▼ -4%
Total revenue
$278K
Pt VIII · Ln 12
Total expenses
$201K
Pt IX · Ln 25
Net assets
$346K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$77K
Total assetsPt X · Ln 16$478K
Program-expense ratioPt IX · col B93%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CWashington County Leadership Development Program INC
EINHdr · item D20-3530981
Principal addressHdr · item CHagerstown, MD
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B990)
Ruling yearIRS BMFOct 2006

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a18
Independent voting membersPt VI · Ln 1b18
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Executive Di
$85,976Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Tara Sargent’s $95K as Executive Di is at the 81st percentile of top reported officer pay among 1615 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Tara Sargent$95,077$91,487$91,487$85,976$82,950$84,400

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Washington County Leadership Development Program INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Mission & Programs · Part III

Where the work happens

1 program service account for $187K of program spending, described in the organization's own filed words · FY2021.
01

To develop and enhance community leadership by offering participants from diverse backgrounds a unique opportunity to explore up close and personal, the challenges and issues facing the washington county community.

$187Kprogram expense

Run this program? Claim this org to tell your story

Statement of Revenue

Part VIII
Program service revenue$164K · 59%
Contributions & grants$73K · 26%
Other revenue$22K · 8%
Investment income$19K · 7%
Program service revenue59%$164K
Contributions & grants26%$73K
Other revenue8%$22K
Investment income7%$19K
— government grantsLn 1e$19K
Total revenueLn 12$278K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.93 Management & general $0.07
Program services93%$187K
Management & general7%$13K
Total functional expensesLn 25$201K

Balance Sheet

Part X · end of year
CashLn 1$291K
Total assetsLn 16$478K
Total liabilitiesLn 26$132K
Total net assetsLn 32$346K
Months of cash on handcomputed17.4

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $478K · Operating expenses/yr $201K
28.6 months
Where the money goes
Program services
Program services $187K · Total expenses $201K
93%
Management & General
Management & general $13K · Total expenses $201K
7%
Fundraising
Fundraising $0 · Total expenses $201K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $68K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $73K · Total revenue $278K
26%
Government reliance
Government grants $19K · Total revenue $278K
7%
Earned-income share
Program service revenue $164K · Total revenue $278K
59%
Investment reliance
Investment income $19K · Total revenue $278K
+7%
Program self-sufficiency
Program service revenue $164K · Total expenses $201K
82%
Growth & trend
Revenue growth (YoY)
This year $278K · Prior year $242K
+15%
Net-asset trend (YoY)
End of year $346K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $278K · Expenses $201K
+28%
Liabilities-to-Assets
Total liabilities — · Total assets $478K
Net-asset ratio
Net assets $346K · Total assets $478K
72%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $186K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $478K
39%
People & payroll
Highest Reported Total Compensation
Individual Tara Sargent · Reported title EXECUTIVE DI · Highest reported compensation $86K · Total expenses $201K
43%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $152K · Total expenses $201K
76%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 93%
Overhead ratio 7%
Fundraising cost ratio 0%
Revenue growth 15%
Investment management fee ratio 0.2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$10K

Similar Organizations

Closest in mission — by what they do
See all organizations like Washington County Leadership Development Program INC →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$251K revenue · ⤓ 990 PDF
FY2024$239K revenue · ⤓ 990 PDF
FY2023$239K revenue · ⤓ 990 PDF
FY2022$278K revenue · viewing · ⤓ 990 PDF
FY2021$242K revenue · ⤓ 990 PDF
FY2020$191K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.