Ohara Development Partners CDC INC EIN 84-4685721

Ohara Development Partners CDC INC

EIN  84-4685721 Public charity (501(c)(3)) Baltimore, MD
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Teaches financial literacy, homeownership, and healthy eating skills.
Leadership
Joanna J Batholomew · Board Chair
Money in and out
$174K revenue, $107K expenses
Bottom line
85% program efficiency

Teaches financial literacy, homeownership, and healthy eating skills. For fiscal year 2024 it reported $174K in revenue, $107K in expenses, and $89K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$174K
Pt VIII · Ln 12
Total expenses
$107K
Pt IX · Ln 25
Net assets
$89K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $68K
Where spending went · Part IX cols B–D
Program services $0.85 Management & general $0.13 Fundraising $0.02
Program efficiency
85%
of spending reaches programs
Operating runway
25.5mo
months of highly liquid reserves at operating expense rate▲ +650% vs prior filing year
Surplus margin
+39%
revenue over expenses, this year▲ +109% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$174K
FY2024▲ +68%
Total revenue
$174K
Pt VIII · Ln 12
Total expenses
$107K
Pt IX · Ln 25
Net assets
$89K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$68K
Total assetsPt X · Ln 16$303K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending
Mission & Programs · Part III

Where the work happens

1 program service account for $83K of program spending, described in the organization's own filed words · FY2024.
01

RealDev School is a real estate development education program designed to educate and equip women interested in community development and neighborhood revitalization. The 2024 cohort enrolled 30 women committed to learning strategies for reducing vacant and abandoned properties across Baltimore City and successfully graduated 28…

$83Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item COhara Development Partners CDC INC
EINHdr · item D84-4685721
Principal addressHdr · item CBaltimore, MD
WebsiteHdr · item Jwww.oharacdc.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S20)
Ruling yearIRS BMFMar 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
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
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants100%$174K
Investment income$234
— government grantsLn 1e$17K
Total revenueLn 12$174K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.13 Fundraising $0.02
Program services85%$91K
Management & general13%$14K
Fundraising2%$2K
Total functional expensesLn 25$107K

Balance Sheet

Part X · end of year
CashLn 1$226K
Total assetsLn 16$303K
Total liabilitiesLn 26$214K
Total net assetsLn 32$89K
Months of cash on handcomputed25.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $226K · Operating expenses/yr $107K
25.5 months
Where the money goes
Program services
Program services $91K · Total expenses $107K
85%
Management & General
Management & general $14K · Total expenses $107K
13%
Fundraising
Fundraising $2K · Total expenses $107K
2%
Cost to raise $1
Fundraising expense $2K · Solicited contributions $157K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $174K · Total revenue $174K
100%
Government reliance
Government grants $17K · Total revenue $174K
10%
Earned-income share
Program service revenue $0 · Total revenue $174K
0%
Investment reliance
Investment income $234 · Total revenue $174K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $107K
0%
Growth & trend
Revenue growth (YoY)
This year $174K · Prior year $104K
+68%
Net-asset trend (YoY)
End of year $89K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $174K · Expenses $107K
+39%
Liabilities-to-Assets
Total liabilities — · Total assets $303K
Net-asset ratio
Net assets $89K · Total assets $303K
29%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $303K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Joanna J Batholomew · Reported title Board Chair · Highest reported compensation $0 · Total expenses $107K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $107K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 85%
Overhead ratio 13%
Fundraising cost ratio 1%
Revenue growth 68%
Accounting fee ratio 6%

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.

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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)$174K revenue · viewing · ⤓ 990 PDF
FY2023$104K 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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