Skip to main content

Nonprofit · EIN 52-1790753

MID ATLANTIC EQUITY CONSORTIUM INC

Tax-exempt · SILVER SPRING, MD 20910

Financials

$4M$4.2M2022$4M$3.9M2023$3.6M$3.5M2024
Revenue Expenses · by fiscal year end
Financials of MID ATLANTIC EQUITY CONSORTIUM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,617,365$3,484,239$133,126$1,053,795$689,554$364,241
June 30, 2024990$4,005,724$3,930,348$75,376$738,288$510,589$227,699
June 30, 2023990 (amended)$3,961,315$4,178,615-$217,300$1,056,111$910,033$146,078
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,328,339
of which government grants
$3,261,406
Program service revenue
$289,026
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$363,249
Other salaries and wages
$1,249,296
Salaries, compensation and benefits (total)
$2,140,006
Professional fundraising fees
$0
Legal fees
$48,000
Accounting fees
$27,450
Occupancy
$59,737
Travel
$93,035
Depreciation
$21,944
Program services (functional)
$3,215,028
Management and general (functional)
$153,311
Fundraising (functional)
$115,900

Balance sheet and other

Total assets, start of year
$738,288
Total assets, end of year
$1,053,795
Total liabilities, end of year
$689,554
Net assets, end of year
$364,241
Publicly traded securities
$74,172
Net assets without donor restrictions
$364,241
Gross receipts
$3,617,365
Employees
27
Year formed
1992
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.

NameTitleHours / weekCompensationOther / benefits
SUSAN SHAFFERCHAIR
Trustee or director, Officer
40$229,492$64,218
KARMEN ROULANDPRESIDENT
Trustee or director, Officer
40$124,050$43,988
JILL MOSS GREENBERGTREASURER
Trustee or director, Officer
1$0$0
JAY THOMAS MOORESECRETARY
Trustee or director, Officer
1$0$0
DR LANAIL R PLUMMERDIRECTOR
Trustee or director
1$0$0
DR ROCHELLE WILLIAMSDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2024: 6 people
NameTitleHours / weekCompensationOther / benefits
SUSAN SHAFFERPresident
Trustee or director, Officer
40$231,756$54,195
Karmen RoulandVice President
Trustee or director, Officer
40$138,600$13,860
JILL MOSS GREENBERGTreasurer
Trustee or director, Officer
1$0$0
JAMES EARLYDirector
Trustee or director
1$0$0
JOY THOMAS MOORESecretary
Trustee or director, Officer
1$0$0
Barbara ScherrDirector
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
SUSAN SHAFFERPresident
Trustee or director, Officer
40$229,064$57,209
Karmen RoulandVice President
Trustee or director, Officer
40$133,375$13,338
JILL MOSS GREENBERGTreasurer
Trustee or director, Officer
1$0$0
JAMES EARLYDirector
Trustee or director
1$0$0
JOY THOMAS MOORESecretary
Trustee or director, Officer
1$0$0
Barbara ScherrDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
8403 COLESVILLE RD STE 1100, SILVER SPRING, MD 20910-6346
Principal officer (990 for 2024)
KARMEN ROULAND, 8403 COLESVILLE ROAD SUITE 1100, SILVER SPRING, MD 20910
Signed the 990
KARMEN ROULAND, PRESIDENT
Phone
(301) 356-8588
Return prepared by
HCFL

Mission

TO PROMOTE EXCELLENCE AND EQUITY IN EDUCATION TO ACHIEVE SOCIAL JUSTICE.

990 for the year ended June 30, 2025

Program accomplishments

  • MAEC'S EDUCATIONAL EQUITY PROJECTS EXAMINE AND ADDRESS SYSTEMIC POLICIES AND PRACTICES, SCHOOL CLIMATE, STUDENT ACCESS TO SUPPORT FOR RIGOROUS CURRICULUM, FAMILY ENGAGEMENT, AND TEACHING AND LEARNING. MAEC FACILITATES THIS PROCESS BY REVIEWING THE CULTURAL, STRUCTURAL, AND MATERIAL DIMENSIONS NECESSARY FOR MAKING TRANSFORMATIONAL CHANGE. MAEC ALSO PROVIDES TECHNICAL ASSISTANCE, PROFESSIONAL LEARNING, AND TOOLS NECESSARY TO OPERATIONALIZE EQUITY INTO PRACTICE.
    Expenses $556,062 · revenue $289,026
  • MAEC'S YOUTH LEADERSHIP DEVELOPMENT PROJECTS FOCUS ON INCREASED GRADUATION RATES, ACADEMICS, ENRICHMENT, CHARACTER EDUCATION, COLLEGE/CAREER READINESS, STEM, AND MENTORSHIP. THESE AFTER-SCHOOL PROGRAMS ENABLE YOUTH TO WORK COLLABORATIVELY WITH FAMILIES, SCHOOL STAFF, AND COMMUNITY LEADERS TO INCREASE ACADEMIC ACHIEVEMENT AND ADDRESS CHALLENGES THEY FACE IN THEIR DAILY LIVES. YOUTH PARTICIPATE IN PROJECT-BASED LEARNING, MENTORSHIP OPPORTUNITIES, AND CIVIC ENGAGEMENT TO PROVIDE A PLATFORM FOR THEIR CONCERNS AND HIGHLIGHT SOLUTIONS WITHIN THE COMMUNITIES THEY RESIDE.
    Expenses $11,025
  • MAEC'S FAMILY ENGAGEMENT PROJECT FOCUSES ON HIGH IMPACT CULTURALLY RESPONSIVE FAMILY ENGAGEMENT BY BUILDING PARTNERSHIPS AMONG SCHOOLS, PARENTS, AND COMMUNITY ORGANIZATIONS TO IMPROVE THE DEVELOPMENT AND ACADEMIC ACHIEVEMENT OF ALL STUDENTS. BY INCREASING OPPORTUNITIES FOR A SHARED RESPONSIBILITY BETWEEN SCHOOLS AND FAMILIES, THERE IS A GREATER LIKELIHOOD OF STUDENT SUCCESS AND WELL-BEING.
    Expenses $1,625,561
  • THE ORGANIZATION COLLABORATES WITH FAMILIES, SCHOOLS, DISTRICTS, AND STATE EDUCATION AGENCIES THAT SERVE STUDENTS IN THE BIRTH-TO-21 EDUCATION SYSTEM TO PROVIDE COMPREHENSIVE NEEDS ASSESSMENTS, PERSONALIZED TRAINING, AND INNOVATIVE TOOLS AND RESOURCES.
    Expenses $1,022,380

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
52-1790753
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1992
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,053,795
Income (IRS master file)
$3,617,365

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,617,365$3,484,239$1,053,795IRS
990June 2024$4,005,724$3,930,348$738,288IRS
990June 2023$3,961,315$4,178,615$1,056,111XML
990June 2022$3,546,752$3,725,650$1,087,154IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 52-1790753).

Questions about MID ATLANTIC EQUITY CONSORTIUM INC

What is the EIN of MID ATLANTIC EQUITY CONSORTIUM INC?
The employer identification number (EIN) of MID ATLANTIC EQUITY CONSORTIUM INC is 52-1790753.
Is MID ATLANTIC EQUITY CONSORTIUM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to MID ATLANTIC EQUITY CONSORTIUM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MID ATLANTIC EQUITY CONSORTIUM INC 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 MID ATLANTIC EQUITY CONSORTIUM INC 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 MID ATLANTIC EQUITY CONSORTIUM INC 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 MID ATLANTIC EQUITY CONSORTIUM INC?
The 990 for the year ended June 30, 2025 names KARMEN ROULAND.
Who are the officers and directors of MID ATLANTIC EQUITY CONSORTIUM INC?
The 990 for the year ended June 30, 2025 lists 6 people; 2 received compensation from the organization, the highest $229,492 (SUSAN SHAFFER, CHAIR).
How much revenue does MID ATLANTIC EQUITY CONSORTIUM INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,617,365, expenses of $3,484,239 and total assets of $1,053,795 at year end.

Other nonprofits in SILVER SPRING

All nonprofits in SILVER SPRING · Maryland · Civil rights, social action and advocacy