2024 in Review!

Jan 14

Requity’s 2024 Organizational Highlights

Empowering the Next Generation:
- Trained 55 students across three high schools in Baltimore City and County.
- Engaged students in six trades: Masonry, Carpentry, Electrical, Culinary Arts, Media, and Business.
- Students earned 37+ certifications and licenses, including OSHA 10, OSHA 30, CPR, MVA, and ServSafe.
- Developed professional toolkits, including resumes, cover letters, and LinkedIn profiles, to prepare students for career success.
Job Placements and Pathway Partners:
- Secured career opportunities for 15 students, placing them in internships, apprenticeships, and full-time jobs.
- Pathway Partners (Placement Companies): BGE, Love & Cornbread, MCB Real Estate, Cornish, Urban Alliance, P. Flanigan & Sons
Hands-On Learning at Carver House:
- Students applied their learning to foundational work, including masonry and carpentry.
- Integrated and tested sustainable, high-performance building techniques.

$1 Million Revenue Milestone:
- Requity’s revenue exceeded $1 million for the first time, totaling $1,088,810.27 (2023: $235,798.69).
- Revenue Breakdown:
  - Company Donations: 6% | $67,000
  - Individual Contributions: 15% | $160,000
  - Grant Revenue: 78% | $852,000
  - Product & Service Revenue: 1% | $10,000
Department of Energy Award:
- Recognized with a Community Energy Innovation Top DOE Award Prize, further solidifying Requity’s leadership in sustainable and community-focused programming.
Expanded Program Delivery:
- Operational expenses (OPEX) totaled $846,991.10 (2023: $293,871.66), reflecting significant growth in program delivery and impact.

Apprenticeship Maryland Program:
- Launched first-ever Apprenticeship Maryland Programs fields in Baltimore City, in partnership with the Maryland Department of Labor and Baltimore City Schools.
- Connected students to hands-on learning opportunities, industry-recognized credentials, and workforce pathways.
Entrepreneurial Initiatives:
- Generated nearly $10,000 in revenue through ventures like:
  - Requity Masonry: Providing masonry services for small projects.
  - Requity Business: Snowball and bake stands, fostering business and customer service skills.
  - Catering Services: Delivering catering for events, offering culinary and event planning experience.
  - Media Production: Generated revenue through media services.

Food Access:
- Rescued over 4,000 lbs of food to support programs.
- Served 2,400+ meals through the We All Eat Wednesdays initiative.
Community Support:
- Distributed over 120 loaded backpacks during the Back-to-School Drive.
- Delivered over 90 Thanksgiving baskets to families in need during the Thanksgiving Giveaway.
Environmental Impact:
- Removed 6,000+ lbs of trash during neighborhood clean-up efforts.
- Secured a 0.67-acre lot to develop a nature space, urban farm, and community garden.

Collaborated with Baltimore City Schools, Maryland Department of Labor, Grow Home, WaterBottle, Division Street Landscaping, and local small businesses to expand impact.
Received continued funding and support from partners like T. Rowe Price Foundation, Lockhart Vaughn Foundation, and corporate collaborators.

Grant Applications: Submitted 33 grants, with a success rate of 48% (16 awarded).
Funding Secured: Received 11% of the total available dollars from grants ($817,261).
Recognized success in three rounds of the American HeroX challenge.

Michael Rosenband