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Board Of Education Of Montgomery County Employee Benefit Trust Fund

  • Rockville, MD
  • Tax-exempt since Aug. 1964
  • EIN: 52-6033249

Organization summary

Type of Nonprofit

Designated as a Voluntary employees' beneficiary associations, which provide payment of life, sickness, accident or other benefits to members.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$632M (2024)

Expenses
$666M (2024)

Total Assets
$26.5M (2024)

Total Liabilities
$61.5M (2024)

Source: Form 990 tax filings from 2012 to 2024

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 June
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$631,500,673
Expenses
$665,855,693
Net Income
-$34,355,020
Net Assets
-$34,959,108
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $629,426,400
99.7%
Investment Income $2,074,273
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $26,513,930
Total Liabilities $61,473,038
Net Assets -$34,959,108
Compensation
Key Employees and Officers Compensation Related Other
Wilmington Trust (Trust) $0 $0 $0
Montgomery County Board Of Educatn (Board) $0 $0 $0

Document Links

990
Filed on Nov. 14, 2024

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

View Filing
XML

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$565,037,337
Expenses
$600,856,361
Net Income
-$35,819,024
Net Assets
-$604,088
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $563,236,691
99.7%
Investment Income $1,800,646
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $54,331,548
Total Liabilities $54,935,636
Net Assets -$604,088
Compensation
Key Employees and Officers Compensation Related Other
Wilmington Trust (Trust) $0 $0 $0
Montgomery County Board Of Educatn (Board) $0 $0 $0

Document Links

990
Filed on Nov. 14, 2023

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

View Filing
PDF XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$526,148,010
Expenses
$547,840,115
Net Income
-$21,692,105
Net Assets
$35,214,936
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $526,078,318
100.0%
Investment Income $69,692
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $76,472,586
Total Liabilities $41,257,650
Net Assets $35,214,936
Compensation
Key Employees and Officers Compensation Related Other
Wilmington Trust (Trust) $0 $0 $0
M County Board Of Education (Board) $0 $0 $0

Document Links

990
Filed on Nov. 3, 2022

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

View Filing
PDF XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$504,929,109
Expenses
$510,492,036
Net Income
-$5,562,927
Net Assets
$56,907,040
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $504,920,133
100.0%
Investment Income $8,976
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $100,065,346
Total Liabilities $43,158,306
Net Assets $56,907,040
Compensation
Key Employees and Officers Compensation Related Other
Wilmington Trust (Trust) $0 $0 $0
M County Board Of Education (Board) $0 $0 $0

Document Links

990
Filed on Nov. 14, 2021

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

View Filing
PDF XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$479,061,846
Expenses
$475,233,011
Net Income
$3,828,835
Net Assets
$62,469,967
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $478,356,741
99.9%
Investment Income $705,105
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $102,892,727
Total Liabilities $40,422,760
Net Assets $62,469,967
Compensation
Key Employees and Officers Compensation Related Other
Wilmington Trust (Trust) $0 $0 $0
M County Board Of Education (Board) $0 $0 $0

Document Links

990
Filed on Nov. 25, 2020

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

View Filing
XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$466,605,492
Expenses
$452,470,724
Net Income
$14,134,768
Net Assets
$58,641,132
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $464,854,657
99.6%
Investment Income $1,750,835
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $96,915,495
Total Liabilities $38,274,363
Net Assets $58,641,132
Compensation
Key Employees and Officers Compensation Related Other
Wilmington Trust (Trust) $0 $0 $0

Document Links

990
Filed on Oct. 25, 2019

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

View Filing
PDF XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$466,691,314
Expenses
$445,428,216
Net Income
$21,263,098
Net Assets
$44,506,364
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $465,875,866
99.8%
Investment Income $815,448
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $85,196,136
Total Liabilities $40,689,772
Net Assets $44,506,364
Compensation
Key Employees and Officers Compensation Related Other
Wilmington Trust (Trust) $0 $0 $0

Document Links

990
Filed on Oct. 29, 2018

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

View Filing
PDF XML

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$465,362,462
Expenses
$436,874,327
Net Income
$28,488,135
Net Assets
$23,243,266
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $465,176,922
100.0%
Investment Income $185,540
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $64,568,718
Total Liabilities $41,325,452
Net Assets $23,243,266
Compensation
Key Employees and Officers Compensation Related Other
Wilmington Trust (Trust) $0 $0 $0

Document Links

990
Filed on Nov. 7, 2017

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

View Filing
PDF XML

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$415,345,990
Expenses
$411,647,166
Net Income
$3,698,824
Net Assets
-$5,244,869
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $415,306,108
100.0%
Investment Income $39,882
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $30,579,263
Total Liabilities $35,824,132
Net Assets -$5,244,869
Compensation
Key Employees and Officers Compensation Related Other
Wilmington Trust (Trust) $0 $0 $0

Document Links

990
Filed on Nov. 7, 2016

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

View Filing
PDF XML

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$359,848,263
Expenses
$394,764,223
Net Income
-$34,915,960
Net Assets
-$8,943,693
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $359,840,740
100.0%
Investment Income $7,523
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $22,683,124
Total Liabilities $31,626,817
Net Assets -$8,943,693
Compensation
Key Employees and Officers Compensation Related Other
Manufacturers And Traders Trust (Trustee) $0 $0 $0

Document Links

990
Filed on Nov. 6, 2015

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

View Filing
PDF XML

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$347,392,620
Expenses
$369,208,719
Net Income
-$21,816,099
Net Assets
$25,972,267
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $347,378,152
100.0%
Investment Income $14,468
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $56,536,238
Total Liabilities $30,563,971
Net Assets $25,972,267
Compensation
Key Employees and Officers Compensation Related Other
Manufacturers And Traders Trust (Trustee) $0 $0 $0

Document Links

990
Filed on Nov. 7, 2014

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

View Filing
PDF XML

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$356,994,569
Expenses
$345,543,838
Net Income
$11,450,731
Net Assets
$47,788,366
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $356,958,807
100.0%
Investment Income $35,762
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $76,263,546
Total Liabilities $28,475,180
Net Assets $47,788,366

Document Links

990
Filed on Dec. 26, 2013

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

View Filing
PDF XML

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$347,176,679
Expenses
$341,222,910
Net Income
$5,953,769
Net Assets
$36,337,635
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $347,142,628
100.0%
Investment Income $34,051
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $65,179,221
Total Liabilities $28,841,586
Net Assets $36,337,635

Document Links

990

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

PDF

Fiscal Year Ending June
2011

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

990

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

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

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 »

Byline

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