Gaithersburg Help INC EIN 23-7413600

Gaithersburg Help INC

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Offers food, medical care, rent help, and other aid to residents in need. For fiscal year 2024 it reported $755K in revenue, $652K in expenses, and $510K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Gaithersburg, MD
Website
www.gaithersburghelp.org
Filings
5 on file (2020–2024)
Revenue
$755KFY2024
Expenses
$652K
Net assets
$510K
People
13
Filings
5
Updates
0
More identity details & actions ⌄
EIN  23-7413600 Public charity (501(c)(3)) Gaithersburg, MD
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers food, medical care, rent help, and other aid to residents in need.
Leadership
Gary Bowman · Treasurer
Money in and out
$755K revenue, $652K expenses
Bottom line
97% program efficiency
Where the money goes · FY2024
Total revenue
$755K
Pt VIII · Ln 12
Total expenses
$652K
Pt IX · Ln 25
Net assets
$510K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $103K
Where spending went · Part IX cols B–D
Program services $0.97 Management & general $0.03
Program efficiency
97%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
10.6mo
months of highly liquid reserves at operating expense rate▲ +32% vs prior filing year
Surplus margin
+14%
revenue over expenses, this year▲ +421% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$755K
FY2024▲ +6%
Expenses
$652K
FY2024▼ -12%
Total assets
$642K
FY2024▲ +14%
Total liabilities
$131K
FY2024▼ -16%
Total revenue
$755K
Pt VIII · Ln 12
Total expenses
$652K
Pt IX · Ln 25
Net assets
$510K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$103K
Total assetsPt X · Ln 16$642K
Program-expense ratioPt IX · col B97%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

3 program services account for $594K of program spending, described in the organization's own filed words · FY2024.
01

Provide 3 days of food to needy persons and families who lacked the funds to buy food

$558Kprogram expense
02

Provide rent and utility assistance to needy residents to prevent eviction and utility disconnection.

$24Kprogram expense
03

Pay for medical prescriptions at local pharmacies for needy persons who lack the funds to buy medications critical to their health

$12Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGaithersburg Help INC
EINHdr · item D23-7413600
Principal addressHdr · item CGaithersburg, MD
WebsiteHdr · item Jwww.gaithersburghelp.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJun 1983

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
Assistant Treasurer
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
Asst Executive Director
$0Pt VII · Sec A
Executive Committee
$0Pt VII · Sec A
Executive Committee
$0Pt VII · Sec A
Executive Committee
$0Pt VII · Sec A
Executive Committee
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$755K
Investment income$23
— government grantsLn 1e$148K
Total revenueLn 12$755K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.97 Management & general $0.03
Program services97%$634K
Management & general3%$18K
Total functional expensesLn 25$652K

Balance Sheet

Part X · end of year
CashLn 1$469K
Total assetsLn 16$642K
Total liabilitiesLn 26$131K
Total net assetsLn 32$510K
Months of cash on handcomputed8.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $469K · Operating expenses (Pt IX) $652K · Less non-cash grants $122K · Cash operating expenses/yr $530K
10.6 months
Where the money goes
Program services
Program services $634K · Total expenses $652K
97%
Management & General
Management & general $18K · Total expenses $652K
3%
Fundraising
Fundraising $0 · Total expenses $652K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $538K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $755K · Total revenue $755K
100%
Government reliance
Government grants $148K · Total revenue $755K
20%
Earned-income share
Program service revenue $0 · Total revenue $755K
0%
Investment reliance
Investment income $23 · Total revenue $755K
<0.01%
Program self-sufficiency
Program service revenue $0 · Total expenses $652K
0%
Growth & trend
Revenue growth (YoY)
This year $755K · Prior year $709K
+6%
Revenue CAGR
FY2020 $870K · FY2024 $755K
-4%
Net-asset trend (YoY)
End of year $510K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $755K · Expenses $652K
+14%
Liabilities-to-Assets
Total liabilities — · Total assets $642K
Net-asset ratio
Net assets $510K · Total assets $642K
80%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $642K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Gary Bowman · Reported title Treasurer · Highest reported compensation $0 · Total expenses $652K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $652K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 97%
Overhead ratio 3%
Fundraising cost ratio 0%
Revenue growth 6%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 1%
Fundraising fee ratio 0%

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 · received and paid
Grants received · FY2025
See all 3 funders →
Grants paid · 28 grants · $877K · 2020–2024
UmanMD · FY2024$24,000
Unitemized GrantFY2024$20,869
Unitemized GrantFY2024$19,145
Unitemized GrantFY2024$11,836
Unitemized GrantFY2023$57,730
UmanMD · FY2023$48,000
Unitemized GrantFY2023$19,235
Unitemized GrantFY2023$12,906
Unitemized GrantFY2022$48,000
UmanMD · FY2022$48,000
Unitemized GrantFY2022$48,000
UmanMD · FY2022$48,000
Unitemized GrantFY2022$36,332
Unitemized GrantFY2022$36,332
Unitemized GrantFY2022$13,294
Unitemized GrantFY2022$13,294
Unitemized GrantFY2022$12,302
Unitemized GrantFY2022$12,302
See all 28 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$755K revenue · viewing · ⤓ 990 PDF
FY2023$709K revenue · ⤓ 990 PDF
FY2022$604K revenue · ⤓ 990 PDF
FY2021$630K revenue · ⤓ 990 PDF
FY2020$870K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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