Overview

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Est.

1998

Fiscal Year Start

Oct 1

Organization Type

Grantseeker

AI Summary

Maryland Capital Enterprises Inc is a nonprofit organization focused on financial counseling, dedicated to empowering businesses to grow, create jobs, and generate wealth on Maryland's Eastern Shore and across the state. With an operating budget of $1.9 million and total revenue of $6.1 million for the fiscal year 2024, the organization is supported by a diverse range of funders, none of which contribute 50% or more of its revenue. For more information, visit their website at www.marylandcapital.org.

Mission Statement

WE EMPOWER BUSINESSES TO GROW, CREATE JOBS AND GENERATE WEALTH ON MARYLAND'S EASTERN SHORE AND ACROSS THE STATE.
Revenues
$6.1M
Expenses
$1.9M
Net Income:
+$4.1M
Assets
$21.3M
Liabilities
$3.8M
Net Assets:
+$17.5M
Operating Budget
$1.9M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$5.3K
Largest grant received
$5.3K
M
Maurice Ames
Board Member
R
Ronald Molock
Board Member
M
Meredith Mears
Board Member

Frequently Asked Questions

What is MARYLAND CAPITAL ENTERPRISES INC’s budget?
In 2024, MARYLAND CAPITAL ENTERPRISES INC reported an annual operating budget of around $1.9 million. More detailed financial information is available to registered users.
What causes does MARYLAND CAPITAL ENTERPRISES INC support?
MARYLAND CAPITAL ENTERPRISES INC supports work in Financial counseling.
Where does MARYLAND CAPITAL ENTERPRISES INC operate?
MARYLAND CAPITAL ENTERPRISES INC is headquartered in SALISBURY, MD.
Who funded MARYLAND CAPITAL ENTERPRISES INC recently?
In 2024, MARYLAND CAPITAL ENTERPRISES INC received grants from COMMUNITY FOUNDATION OF THE EASTERN SHOR, THE WINSTON-SALEM FOUNDATION, and OPPORTUNITY FINANCE NETWORK. More information on this organization’s funders is available to registered users.
What is the largest grant MARYLAND CAPITAL ENTERPRISES INC received in 2024?
The largest grant to MARYLAND CAPITAL ENTERPRISES INC in 2024 exceeds $5,250.
What is MARYLAND CAPITAL ENTERPRISES INC’s reliance on government grants?
MARYLAND CAPITAL ENTERPRISES INC relied on government grants for more than 80% of their total revenue in 2024.