Education Market Association

Gaithersburg, MD
Tax-exempt since March 1935
EIN: 36-1525710

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(6) Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Revenue

$598k (2023)

Expenses

$1.41M (2023)

Total Assets

$1.42M (2023)

Total Liabilities

$543k (2023)

Years with multiple filings

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Revenue

$598,194

Expenses

$1,409,411

Net Income

-$811,217

Net Assets

$880,091

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$656,467	> 100%
Investment Income	$28,743	4.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$87,076
Net Inventory Sales	$0
Other Revenue	$60	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$283,856	20.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$513,663	36.4%

Assets/Debt
Total Assets	$1,422,984
Total Liabilities	$542,893
Net Assets	$880,091

Compensation

Key Employees and Officers	Compensation	Related	Other
James A Mcgarry (President &)	$242,924	$0	$40,932
Adrienne Watts (Program Dire)	$131,720	$0	$49,009
Karen Prince (Program Dire)	$109,762	$0	$36,774
Schedule Attached (Trustee)	$0	$0	$0

+ View more people

990

Filed on Aug. 21, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$497,165

Expenses

$1,354,422

Net Income

-$857,257

Net Assets

$1,512,340

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$538,116	> 100%
Investment Income	$45,966	9.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$88,049
Net Inventory Sales	$0
Other Revenue	$1,132	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$265,807	19.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$458,056	33.8%

Assets/Debt
Total Assets	$1,709,762
Total Liabilities	$197,422
Net Assets	$1,512,340

Compensation

Key Employees and Officers	Compensation	Related	Other
James A Mcgarry (President &)	$265,807	$0	$36,864
Adrienne Watts (Program Dire)	$139,214	$0	$49,234
Karen Prince (Program Dire)	$119,304	$0	$37,254
Schedule Attached (Trustee)	$0	$0	$0

+ View more people

990

Filed on July 5, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2021

Revenue

$895,550

Expenses

$1,307,887

Net Income

-$412,337

Net Assets

$2,607,611

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$553,153	61.8%
Investment Income	$42,338	4.7%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$879
Net Inventory Sales	$0
Other Revenue	$300,938	33.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$284,433	21.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$410,014	31.3%

Assets/Debt
Total Assets	$3,201,797
Total Liabilities	$594,186
Net Assets	$2,607,611

Compensation

Key Employees and Officers	Compensation	Related	Other
James A Mcgarry (President &)	$251,500	$0	$32,933
Adrienne Watts (Program Dire)	$130,318	$0	$28,553
Schedule Attached (Trustee)	$0	$0	$0

990

Filed on May 31, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$4,833,672

Expenses

$2,159,752

Net Income

$2,673,920

Net Assets

$2,948,220

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$4,777,062	98.8%
Investment Income	$16,371	0.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$22,259	0.5%
Net Inventory Sales	$0
Other Revenue	$17,980	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$274,153	12.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$649,798	30.1%

Assets/Debt
Total Assets	$3,310,545
Total Liabilities	$362,325
Net Assets	$2,948,220

Compensation

Key Employees and Officers	Compensation	Related	Other
James A Mcgarry (President &)	$250,000	$0	$24,153
Adrienne Watts (Program Dire)	$135,164	$0	$31,087
Joseph B Tucker (Program Dire)	$110,000	$0	$25,300
Karen Prince (Program Dire)	$105,000	$0	$24,150
Schedule Attached (Trustee)	$0	$0	$0

+ View more people

990

Filed on July 29, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$2,695,830

Expenses

$2,501,904

Net Income

$193,926

Net Assets

$277,905

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,675,121	99.2%
Investment Income	$21,899	0.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$1,190
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$283,942	11.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$634,866	25.4%

Assets/Debt
Total Assets	$1,171,653
Total Liabilities	$893,748
Net Assets	$277,905

Compensation

Key Employees and Officers	Compensation	Related	Other
James A Mcgarry (President &)	$260,322	$0	$23,630
Adrienne Watts (Program Dire)	$125,505	$0	$27,485
Joseph B Tucker (Program Dire)	$116,820	$0	$25,583
Karen Prince (Program Dire)	$113,305	$0	$0
Schedule Attached (Trustee)	$0	$0	$0

+ View more people

990

Filed on June 8, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$2,589,631

Expenses

$2,684,099

Net Income

-$94,468

Net Assets

$74,608

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,561,662	98.9%
Investment Income	$29,552	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$3,635
Net Inventory Sales	$0
Other Revenue	$2,052	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$281,267	10.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$627,010	23.4%

Assets/Debt
Total Assets	$875,460
Total Liabilities	$800,852
Net Assets	$74,608

Compensation

Key Employees and Officers	Compensation	Related	Other
James A Mcgarry (President &)	$259,500	$0	$21,767
Adrienne Watts (Program Dire)	$135,505	$0	$31,340
Joseph B Tucker (Program Dire)	$122,287	$0	$28,283
Schedule Attached (Trustee)	$0	$0	$0

+ View more people

990

Filed on July 10, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$2,701,964

Expenses

$2,907,723

Net Income

-$205,759

Net Assets

$182,306

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,670,288	98.8%
Investment Income	$33,238	1.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$2,533
Net Inventory Sales	$0
Other Revenue	$971	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$257,257	8.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$837,491	28.8%

Assets/Debt
Total Assets	$863,367
Total Liabilities	$681,061
Net Assets	$182,306

Compensation

Key Employees and Officers	Compensation	Related	Other
James A Mcgarry (President &)	$239,550	$0	$17,707
Adrienne Watts (Program Dire)	$124,756	$0	$46,257
Schedule Attached (Trustee)	$0	$0	$0

990

Filed on April 30, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$2,420,611

Expenses

$2,712,806

Net Income

-$292,195

Net Assets

$377,176

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,361,392	97.6%
Investment Income	$39,331	1.6%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$19,888	0.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$250,152	9.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$878,831	32.4%

Assets/Debt
Total Assets	$1,399,038
Total Liabilities	$1,021,862
Net Assets	$377,176

Compensation

Key Employees and Officers	Compensation	Related	Other
James A Mcgarry (President &)	$230,000	$0	$20,152
Adrienne Watts (Program Dire)	$125,506	$0	$29,060
Joseph B Tucker (Program Dire)	$107,312	$0	$24,847
Schedule Attached (Trustee)	$0	$0	$0

+ View more people

990

Filed on Aug. 30, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$2,266,711

Expenses

$3,039,092

Net Income

-$772,381

Net Assets

$685,099

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,229,784	98.4%
Investment Income	$48,040	2.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$23,471
Net Inventory Sales	$0
Other Revenue	$12,358	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$250,155	8.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$865,008	28.5%

Assets/Debt
Total Assets	$1,604,908
Total Liabilities	$919,809
Net Assets	$685,099

Compensation

Key Employees and Officers	Compensation	Related	Other
James A Mcgarry (President &)	$230,000	$0	$20,155
William Duffy (Business Man)	$132,398	$0	$29,657
Adrienne Watts (Program Dire)	$125,506	$0	$28,113
Joseph B Tucker (Program Dire)	$110,316	$0	$24,711
Schedule Attached (Trustee)	$0	$0	$0

+ View more people

990

Filed on Aug. 4, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Dec.
2014

Revenue

$2,324,111

Expenses

$3,131,276

Net Income

-$807,165

Net Assets

$1,469,359

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,248,540	96.7%
Investment Income	$72,542	3.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$38	0.0%
Net Inventory Sales	$0
Other Revenue	$2,991	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$284,216	9.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$845,975	27.0%

Assets/Debt
Total Assets	$2,435,024
Total Liabilities	$965,665
Net Assets	$1,469,359

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$1,026,250

Expenses

$1,201,342

Net Income

-$175,092

Net Assets

$2,269,243

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,005,554	98.0%
Investment Income	$20,492	2.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$357
Net Inventory Sales	$0
Other Revenue	$561	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$70,512	5.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$336,162	28.0%

Assets/Debt
Total Assets	$3,329,564
Total Liabilities	$1,060,321
Net Assets	$2,269,243

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2013

Revenue

$2,124,700

Expenses

$2,687,664

Net Income

-$562,964

Net Assets

$2,450,039

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$1,990,744	93.7%
Investment Income	$137,958	6.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$45,849
Net Inventory Sales	$0
Other Revenue	$41,847	2.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$272,837	10.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$39,280	1.5%

Assets/Debt
Total Assets	$3,948,145
Total Liabilities	$1,498,106
Net Assets	$2,450,039

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2012

Revenue

$2,306,470

Expenses

$2,653,660

Net Income

-$347,190

Net Assets

$3,046,682

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,132,734	92.5%
Investment Income	$168,863	7.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	-$3,892
Net Inventory Sales	$0
Other Revenue	$8,765	0.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$278,740	10.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$275,823	10.4%

Assets/Debt
Total Assets	$4,808,854
Total Liabilities	$1,762,172
Net Assets	$3,046,682

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Revenue

$2,763,400

Expenses

$2,319,918

Net Income

$443,482

Net Assets

$3,309,636

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$2,432,081	88.0%
Investment Income	$187,195	6.8%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$35,900	1.3%
Net Inventory Sales	$0
Other Revenue	$108,224	3.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$240,620	10.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$291,828	12.6%

Assets/Debt
Total Assets	$4,869,626
Total Liabilities	$1,559,990
Net Assets	$3,309,636

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated December 20, 2024

Education Market Association

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $598k (2023)

Expenses $1.41M (2023)

Total Assets $1.42M (2023)

Total Liabilities $543k (2023)

Tax Filings by Year

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Sept. 2012

Extracted Financial Data

Revenue

$598k (2023)

Expenses

$1.41M (2023)

Total Assets

$1.42M (2023)

Total Liabilities

$543k (2023)

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005

Fiscal Year Ending Sept.
2004