Transform Mid-Atlantic INC EIN 26-4076820 Form 990 (PDF) Claim this org

Transform Mid-Atlantic INC

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Promotes student community service and strengthens local nonprofits through regional leadership and support. For fiscal year 2025 it reported $696K in revenue, $809K in expenses, and $1.4M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Frederick, MD
Website
www.midatlantic.compact.org
Filings
5 on file (2021–2025)
Revenue
$696KFY2025
Expenses
$809K
Net assets
$1.4M
People
10
Filings
5
Updates
0
More identity details & actions ⌄
EIN  26-4076820 Public charity (501(c)(3)) Frederick, MD
Form 990 (PDF)
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Size
$100K–1M
What they do
Promotes student community service and strengthens local nonprofits through regional leadership and support.
Leadership
Ms Madeline Yates · Executive Director · $123K
Money in and out
$696K revenue, $809K expenses
Bottom line
74% program efficiency
Where the money goes · FY2025
Total revenue
$696K
Pt VIII · Ln 12
Total expenses
$809K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$113K
Where spending went · Part IX cols B–D
Program services $0.74 Management & general $0.25 Fundraising $0.00
Program efficiency
74%
of spending reaches programs▲ +5% vs prior filing year
Operating runway
20.1mo
months of highly liquid reserves at operating expense rate▼ -18% vs prior filing year
Surplus margin
-16%
revenue over expenses, this year▼ -327% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$696K
FY2025▼ -15%
Expenses
$809K
FY2025▲ +7%
Total assets
$1.5M
FY2025▼ -13%
Total liabilities
$90K
FY2025▼ -65%
Total revenue
$696K
Pt VIII · Ln 12
Total expenses
$809K
Pt IX · Ln 25
Net assets
$1.4M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$113K
Total assetsPt X · Ln 16$1.5M
Program-expense ratioPt IX · col B74%
Voting members of governing bodyPt I · Ln 38
Independent voting membersPt I · Ln 48

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTransform Mid-Atlantic INC
EINHdr · item D26-4076820
Principal addressHdr · item CFrederick, MD
WebsiteHdr · item Jwww.midatlantic.compact.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B03)
Ruling yearIRS BMFJul 2009

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a8
Independent voting membersPt VI · Ln 1b8
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 (FY2024); the FY2025 filing did not itemize Part VII
Executive Director
$123,455Pt VII · Sec A
Executive Director
$123,455Pt VII · Sec A
President, Allegany College of Maryland
$0Pt VII · Sec A
President, Baltimore City Community College
$0Pt VII · Sec A
President, Fairmont State University
$0Pt VII · Sec A
President, University of Maryland Eastern Shore
$0Pt VII · Sec A
President, University of the District of Columbia
$0Pt VII · Sec A
President, Washington College
$0Pt VII · Sec A

Ms Madeline Yates’s $123K as Executive Director is at the 91st percentile of top reported officer pay among 1612 $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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Ms Madeline Yates$123,455$123,455$117,455$112,455
Madeline Yates$123,455$123,455$123,455

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.

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Mission & Programs · Part III

Where the work happens

3 program services account for $601K of program spending, described in the organization's own filed words · FY2024.
01

CONVENING the MD, DC, DE, WV, & NORTHERN VA HIGHER EDUCATION COMMUNITY to ADVANCE the PUBLIC PURPOSES of HIGHER EDUCATION: As the largest higher education association in the Mid-Atlantic region, TMA regularly convenes member institution presidents, senior leaders, faculty, students, community leaders, and corporate partners, and other…

$322Kprogram expense
02

BUILDING CAMPUS COMMUNITY PARTNERSHIPS to ADDRESS POVERTY and CREATE THRIVING COMMUNITIES: TMA provides 30-38 AmeriCorps VISTA sub-grants (VALUED AT OVER $2,100,000) to member institutions and non-profit organizations in the Mid-Atlantic region.

$218Kprogram expense
03

PROVIDING RESOURCES, RECOGNITION, VISIBILITY, and NATIONAL PARTNERSHIPS: TMA annually awards up to $100,000 in grants to campuses, individuals, and partnerships within its membership including: Faculty Development Mini-Grants, MLK and 9/11 Day of Service Grants funded by AmeriCorps, and other Mini-Grants.

$61Kprogram expense

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Statement of Revenue

Part VIII
Program service revenue$463K · 67%
Contributions & grants$178K · 26%
Investment income$54K · 8%
Program service revenue67%$463K
Contributions & grants26%$178K
Investment income8%$54K
— government grantsLn 1e$61K
Total revenueLn 12$696K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.74 Management & general $0.25 Fundraising $0.00
Program services74%$601K
Management & general25%$205K
Fundraising$4K
Total functional expensesLn 25$809K

Balance Sheet

Part X · end of year
CashLn 1$323K
Total assetsLn 16$1.5M
Total liabilitiesLn 26$90K
Total net assetsLn 32$1.4M
Months of cash on handcomputed4.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.4M · Operating expenses/yr $809K
20.1 months
Where the money goes
Program services
Program services $601K · Total expenses $809K
74%
Management & General
Management & general $205K · Total expenses $809K
25%
Fundraising
Fundraising $4K · Total expenses $809K
0.5%
Cost to raise $1
Fundraising expense (3-yr avg) $4K · Solicited contributions (3-yr avg) $140K
$0.03 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $178K · Total revenue $696K
26%
Government reliance
Government grants $61K · Total revenue $696K
9%
Earned-income share
Program service revenue $463K · Total revenue $696K
67%
Investment reliance
Investment income $54K · Total revenue $696K
+8%
Program self-sufficiency
Program service revenue $463K · Total expenses $809K
57%
Growth & trend
Revenue growth (YoY)
This year $696K · Prior year $814K
-15%
Revenue CAGR
FY2020 $584K · FY2024 $696K
+4%
Net-asset trend (YoY)
End of year $1.4M · Beginning of year $1.5M
-4%
Balance sheet
Surplus Margin
Revenue $696K · Expenses $809K
-16%
Liabilities-to-Assets
Total liabilities $90K · Total assets $1.5M
6%
Net-asset ratio
Net assets $1.4M · Total assets $1.5M
94%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $1.0M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.5M
69%
People & payroll
Highest Reported Total Compensation
Individual Ms Madeline Yates · Reported title Executive Director · Highest reported compensation $123K · Total expenses $809K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $494K · Total expenses $809K
61%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 74%
Overhead ratio 25%
Fundraising cost ratio 2%
Revenue growth -15%
Investment management fee ratio 0.5%
Accounting fee ratio 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 · FY2023
Total grants receivedfrom 1 funder$24K

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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
FY2025 (Latest)$696K revenue · viewing · ⤓ 990 PDF
FY2024$814K revenue · ⤓ 990 PDF
FY2023$717K revenue · ⤓ 990 PDF
FY2022$754K revenue · ⤓ 990 PDF
FY2021$584K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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