Nonprofit · EIN 52-1305988
PRINCE GEORGES FINANCIAL SERVICES CORPORATION
Tax-exempt · UPPR MARLBORO, MD 20774
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,620,994 | $4,580,755 | $40,239 | $12,100,102 | $9,707,492 | $2,392,610 |
| June 30, 2024 | 990 | $4,985,796 | $4,603,349 | $382,447 | $13,548,802 | $11,196,431 | $2,352,371 |
| June 30, 2023 | 990 | $3,279,015 | $2,923,950 | $355,065 | $8,799,436 | $6,829,511 | $1,969,925 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,097,475
- of which government grants
- $1,959,900
- Program service revenue
- $1,336,225
- Investment income
- $99,267
- Net income from fundraising events
- -$64,166
- Other revenue
- $88,027
Expenses
- Grants and similar amounts paid
- $982,940
- Compensation of officers, directors and key employees
- $767,456
- Other salaries and wages
- $1,209,475
- Salaries, compensation and benefits (total)
- $2,366,458
- Professional fundraising fees
- $0
- Legal fees
- $6,353
- Accounting fees
- $32,400
- Travel
- $13,947
- Depreciation
- $14,696
- Program services (functional)
- $3,991,037
- Management and general (functional)
- $454,083
- Fundraising (functional)
- $135,635
Balance sheet and other
- Total assets, start of year
- $13,548,802
- Total assets, end of year
- $12,100,102
- Total liabilities, end of year
- $9,707,492
- Net assets, end of year
- $2,392,610
- Land, buildings and equipment
- $24,406
- Net assets without donor restrictions
- $1,951,683
- Net assets with donor restrictions
- $440,927
- Gross receipts
- $4,766,854
- Employees
- 20
- Volunteers
- 0
- Year formed
- 1978
- State of legal domicile
- MD
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BEVERLY EVERSON-JONES | CHIEF FINANCIAL & OPERATIONAL OFFICER Key employee | 40 | $187,203 | $44,971 |
| DAWN R MEDLEY | PRESIDENT & CEO Key employee | 40 | $209,153 | $17,742 |
| DIPTI PATEL | VICE PRESIDENT - BUSINESS FINANCE Highest-paid employee | 40 | $139,079 | $27,307 |
| JAMES STEWARD SMITH | VICE PRESIDENT - BUSINESS DEVELOPMENT Highest-paid employee | 40 | $128,804 | $13,197 |
| KATHY MORANT | SR. PORTFOLIO MANAGER Highest-paid employee | 40 | $114,250 | $25,887 |
| ANDREA SCHAUER | SR. LOAN UNDERWRITER Highest-paid employee | 40 | $112,631 | $21,491 |
| SHANTON KITTLER | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| GREG BEDWARD | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| TERRENCE A BEVERLY | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| VALARIE DOCK | SECRETARY Trustee or director | 2 | $0 | $0 |
| QC JONES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| WARREN BURRIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| CASSIUS PRIESTLY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SIMONE C JOHNSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SONJA WELLS | DIRECTOR Trustee or director | 2 | $0 | $0 |
9 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KELLY VAUGHN | DIRECTOR Trustee or director | 2 | $0 |
| DEON NORRIS | DIRECTOR Trustee or director | 2 | $0 |
| PAM SCOTT | DIRECTOR Trustee or director | 2 | $0 |
| ANGIE ROGERS | DIRECTOR Trustee or director | 2 | $0 |
| PETER C GIBBS | DIRECTOR Trustee or director | 2 | $0 |
| N GORDON KNOX | DIRECTOR Trustee or director | 2 | $0 |
| ANNETTE JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| MARCUS N DANIELS | DIRECTOR Trustee or director | 2 | $0 |
| STEVEN R CARPENTER | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BEVERLY EVERSON-JONES | CFO Officer | 40 | $203,257 |
| DAWN R MEDLEY | PRESEDENT & CEO- -CURRENT Officer | 40 | $192,887 |
| DIPTI PATEL | VICE PRESIDENT- BUSINESS FINANCE Officer | 40 | $161,162 |
| KATHY MORANT | S. PORTFOLIO MANAGER Highest-paid employee | 40 | $134,371 |
| JAMES STEWARD SMITH | VICE PRESIDENT- BUSINESS DEVELOPMENT Officer | 40 | $131,103 |
| ANDREA SCHAUER | SR. LOAN UNDERWRITER Highest-paid employee | 40 | $127,868 |
| ANGIE ROGERS | DIRECTOR Trustee or director | 2 | $0 |
| GARRETT JACKSON | DIRECTOR Trustee or director | 2 | $0 |
| GREG BEDWARD | SECRETARY Trustee or director | 2 | $0 |
| JOHN HALE III | CHAIR Trustee or director | 5 | $0 |
| PETER SORGE | CHAIRMAN EMERITUS NON-VOTING Trustee or director | 2 | $0 |
| QC JONES | DIRECTOR Trustee or director | 2 | $0 |
| SHANTON S KITTLER | VICE CHAIR Trustee or director | 4 | $0 |
| SIMONE C JOHNSON | DIRECTOR Trustee or director | 2 | $0 |
| SONJA WELLS | DIRECTOR Trustee or director | 2 | $0 |
| TERRENCE A BEVERLY | TREASURER Trustee or director | 4 | $0 |
| VALARIE DOCK | DIRECTOR Trustee or director | 2 | $0 |
| WARREN BURRIS | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DAWN R MEDLEY | PRESEDENT & CEO- -CURRENT Key employee | 40 | $164,223 | $11,208 |
| BEVERLY EVERSON-JONES | CFO Key employee | 32 | $164,015 | $10,179 |
| SHELLY M GROSS-WADE | PRESEDENT & CEO- - 12/31/2022 Highest-paid employee | 40 | $146,774 | $6,841 |
| JAMES STEWARD SMITH | VICE PRESIDENT- BUSINESS DEVELOPMENT Highest-paid employee | 40 | $115,083 | $0 |
| JOHN HALE III | CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| SHANTON S KITTLER | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| TERRENCE A BEVERLY | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| JOHN HALLEY | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| GARRETT JACKSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GREG BEDWARD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MIRINDA D JACKSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| QC JONES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DIANE BROWN | DIRECTOR Trustee or director | 2 | $0 | $0 |
| SONJA WELLS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| VALARIE DOCK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ANGIE ROGERS | DIRECTOR - NON-VOTING Trustee or director | 2 | $0 | $0 |
| SIMONE C JOHNSON | DIRECTOR - NON-VOTING Trustee or director | 2 | $0 | $0 |
| WARREN BURRIS | DIRECTOR - NON-VOTING Trustee or director | 2 | $0 | $0 |
| PETER SORGE | CHAIRMAN EMERITUS NON-VOTING Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1801 MCCORMICK DR STE 300, UPPR MARLBORO, MD 20774-5467
- Principal officer (990 for 2024)
- DAWN R MEDLEY, 1801 MCCORMICK DRIVE SUITE 300, LARGO, MD 20774
- Signed the 990
- DAWN R MEDLEY, PRESIDENT AND CEO
- Phone
- (301) 883-6900
- Website
- WWW.FSCFIRST.COM
- Return prepared by
- SB & COMPANY LLC
Mission
THE ORGANIZATION IS A PRIVATE NON-PROFIT CORPORATION DESIGNATED AS A CERTIFIED DEVELOPMENT CORPORATION BY THE US SMALL BUSINESS ADMINISTRATION. THE ORGANIZATION'S PRINCIPAL BUSINESS OBJECTIVE IS TO PROVIDE FINANCING SOLUTIONS FOR SMALL BUSINESSES TO GROW THE LOCAL ECONOMY AND STRENGTHEN COMMUNITIES.
Program accomplishments
- SBGF & OTHER: THE FORMER SMALL BUSINESS GROWTH FUND (SBGF) PROVIDED ACCESS TO CONVENTIONAL FINANCING THAT SUPPORTS THE GROWTH AND DEVELOPMENT OF SMALL BUSINESSES IN PRINCE GEORGE'S COUNTY. THE SBGF WAS DISCONTINUED DURING THE YEAR ENDED JUNE 30, 2024. THE OUTSTANDING BALANCE OF THE SBGF WAS REFINANCED BY A TERM LOAN THROUGH PNC BANK. THE OUTSTANDING LOANS HAVE GUARANTEES PROVIDED BY THE SBA COMMUNITY ADVANTAGE PROGRAM WITH A 75% TO 90% 7(A) LOAN GUARANTEE. OTHER PROGRAMS INCLUDE BUSINESS EXPANSION FUND (BEF) THAT IS A COLLABORATION BETWEEN THE ORGANIZATION AND THE PRINCE GEORGE'S COUNTY ECONOMIC DEVELOPMENT CORPORATION (EDC), MICRO ENTERPRISE LOAN FUND (MICRO) FUNDED BY THE MARYLAND DEPARTMENT OF HOUSING AND COMMUNITY DEVELOPMENT (DHCD), CITY OF BOWIE LOAN FUND THAT IS A REVOLVING LOAN FUND.Expenses $1,231,688 · revenue $875,625
- EDI: THE ORGANIZATION PARTNERS WITH THE PRINCE GEORGE'S COUNTY ECONOMIC DEVELOPMENT CORPORATION IN PROVIDING ADMINISTRATIVE AND UNDERWRITING SERVICES FOR THE ECONOMIC DEVELOPMENT INCENTIVE (EDI) FUND RELATED TO PRINCE GEORGE'S COUNTY. THE GOAL OF THE EDI FUND IS TO CREATE JOBS, SUPPORT LOCAL BUSINESSES, AND PROMOTE DEVELOPMENT OPPORTUNITIES.Expenses $168,494 · revenue $373,014
- SBA 504: THE ORGANIZATION MARKETS, ANALYZES, UNDERWRITES, AND SERVICES THE SBA 504 PROGRAM AS AN AGENT OF THE SBA. THE SBA 504 PROGRAM PROVIDES LONG-TERM, BELOW MARKET FIXED-RATE FINANCING FOR THE PURCHASE OF IMPROVEMENTS OF COMMERCIAL REAL ESTATE OR MACHINERY AND EQUIPMENT.Expenses $259,641 · revenue $87,586
- TECHNICAL ASSISTANCE & GRANTSExpenses $2,331,214 · grants $982,940 · revenue $1,920,375
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1305988
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1985
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S43Z)
- Assets (IRS master file)
- $12,100,102
- Income (IRS master file)
- $4,766,854
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,620,994 | $4,580,755 | $12,100,102 | IRS |
| 990 | June 2024 | $4,985,796 | $4,603,349 | $13,548,802 | IRS |
| 990 | June 2023 | $3,279,015 | $2,923,950 | $8,799,436 | XML |
| 990 | June 2022 | $2,663,412 | $2,457,718 | $6,191,541 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1305988).
Questions about PRINCE GEORGES FINANCIAL SERVICES CORPORATION
- What is the EIN of PRINCE GEORGES FINANCIAL SERVICES CORPORATION?
- The employer identification number (EIN) of PRINCE GEORGES FINANCIAL SERVICES CORPORATION is 52-1305988.
- Is PRINCE GEORGES FINANCIAL SERVICES CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1985.
- Are donations to PRINCE GEORGES FINANCIAL SERVICES CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PRINCE GEORGES FINANCIAL SERVICES CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of PRINCE GEORGES FINANCIAL SERVICES CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did PRINCE GEORGES FINANCIAL SERVICES CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of PRINCE GEORGES FINANCIAL SERVICES CORPORATION?
- The 990 for the year ended June 30, 2025 names DAWN R MEDLEY.
- Who are the officers and directors of PRINCE GEORGES FINANCIAL SERVICES CORPORATION?
- The 990 for the year ended June 30, 2025 lists 24 people; 6 received compensation from the organization, the highest $187,203 (BEVERLY EVERSON-JONES, CHIEF FINANCIAL & OPERATIONAL OFFICER).
- How much revenue does PRINCE GEORGES FINANCIAL SERVICES CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,620,994, expenses of $4,580,755 and total assets of $12,100,102 at year end.
Other nonprofits in UPPR MARLBORO
- ANTIOCHS HOPE CENTER INC EIN 52-2266405 · last filed 990 for 2025
- OLDE MILL FOUNDATION EIN 20-0809557 · last filed 990 for 2024
- ROCK CREEK COMMUNITY DEVELOPMENT CORP EIN 27-2486781 · last filed 990 for 2025
- FRIENDS OF THE KENYA COMMUNITYDEVELOPMENT FOUNDATION EIN 20-4187788 · last filed 990-EZ for 2025
- MARYLAND CRIME VICTIMS RESOURCEFOUNDATION INC EIN 20-5299027 · last filed 990 for 2025
- NEIGHBORHOOD CULINARY ALLIANCE CORPORATION EIN 84-2188485 · last filed 990-N for 2025
- NATIONAL SOCIETY COLONIAL DAUGHTERS OF THE SEVENTEENTH CENTURY EIN 01-0952920 · last filed 990-N for 2025
- FAKO WOMEN N-ENDINGE - FAWONE EIN 39-2456326 · last filed 990-N for 2025
All nonprofits in UPPR MARLBORO · Maryland · Community improvement and capacity building