Mid-Atlantic Gigabit Innovation Collaboratory Inc
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- It owes more than it owns.
- Only 37% of its spending went to programs.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
To build and sustain an ecosystem that maximizes the Westminster gigabit infrastructure to drive high-technology innovation, education, and incubation to help transform the Westminster community to be more technologically inclusive, equitable, and accessible. As a community organization that provides high-level science and technology education and enrichment programming, and technology business startup and incubation services at low to no cost, and anything else permitted by the Corporation and Associations Law of the State of Maryland. We proudly serve a diverse community of residents annually including students, entrepreneurs, small to medium-sized business owners, and local education partners.
- Income
- $309,847
- Spending
- $301,888
- Spent on programs
- 37%
- Reserves
- -2.3 months of spending
- Largest source of income
- government grants, 50%
- Employees
- 6
- Volunteers
- 40
- Highest pay
- $51,877, executive director
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Weak: 25 out of 100. Higher than 3% of charities in its peer group (science, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
0 of 20It owes 167% of what it owns.
Living within its means
15 of 15Income exceeded spending by 3% of income.
Income trend
10 of 15Income fell 9% on the year before.
Spending floor
0 of 1537% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 71 out of 100. Higher than 48% of charities in its peer group (science, $250k to $1m).
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $61,809 spent. The Westminster Autonomous Robotics Innovation Center, ARIC, offers various autonomous and robotics projects and hands on educational opportunities. ARIC Educational Services will help students develop software, coding, and data analytics skills and experiences that are applicable to a variety of industries, not just robotics engineering. Beyond simply teaching technical skills, STEM education fosters critical thinking, builds teamwork and communications skills, and nurtures students natural curiosity.
- $21,041 spent. Grow Rural Opportunity in Maryland (GRO MD), a two-year Build to Scale (B2S) Venture Challenge award funded by the U.S. Economic Development Administration aims to research and develop the case for a tri-county partnership that will unite three, rural Northern Maryland counties - Carroll, Frederick, and Harford - all of which share significant similarities in business, government and population attributes -- for the purpose of building a stronger, more efficient and inclusive economic future within the counties and in the region. MAGIC is working in partnership with subrecipients Frederick Innovative Technology Center, Inc. (FITCI) and the Harford County Office of Economic Development (HCOED).
- $13,022 spent. MAGIC's Capture the Flag events operate on a hybrid model, utilizing physical host locations and virtual platform. These events provided training for students in the cybersecurity and in dept networking fields.
- $15,837 spent. The rest of the smaller programs include Cyber Sip, Good Game, Incubation Entrepreneur Programs, Innovators of Progress Fiscal Sponsorship, Step Challenge and Spire Girls.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2016.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.