REAL ESTATE CHARITABLE FOUNDATION OF MARYLAND INC (EIN 472180547) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

BEVERLY WHITE-SEALS

Phone

4107307840

Tax Period

2020-01-01 to 2020-12-31

REAL ESTATE CHARITABLE FOUNDATION OF MARYLAND INC, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $192K in total revenue in fiscal year 2020. Revenue surged 380% from the prior year, signaling strong growth momentum. Expenses of $2.2M exceeded revenue, resulting in a 1063% operating deficit.

Mission

TO ACCEPT, MAINTAIN, OWN, LEASE, FINANCE AND DISPOSE OF GIFTS OF REAL ESTATE AND OTHER TANGIBLE PROPERTIES FOR THE BENEFIT AND SUPPORT OF THE COMMUNITY FOUNDATION OF HOWARD COUNTY, INC.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $184,545

Program Service Revenue $0

Investment Income $4,739

Other Revenue $2,713

TOTAL REVENUE $191,997

Expense Breakdown

Grants Paid $228,781

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,230,396

Other Expenses $2,003,391

TOTAL EXPENSES $2,232,172

Year-over-Year Comparison

	2020	2019	Change
Revenue	$191,997	$39,976	+3.8%
Expenses	$2,232,172	$13,671	+162.3%
Net Income	$-2,040,175	$26,305	-78.6%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$174,105

Total Directors

$174,105

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRUCE HARVEY	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
DANIEL KELLIHER	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
BEVERLY WHITE-SEALS	PRESIDENT/CEO	1.00	Officer Director	$0	$0	$174,105
ABBY GLASSBERG	BOARD MEMBER	1.00	Director	$0	$0	$0
DARREL NEVIN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY ANN SCULLY	BOARD MEMBER	1.00	Director	$0	$0	$0
MEG MOON	BOARD MEMBER	1.00	Director	$0	$0	$0
RICH THOMETZ	BOARD MEMBER	1.00	Director	$0	$0	$0
ROB MOXLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
RUSS DICKENS	BOARD MEMBER	1.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2020	$191,997	$2,232,172	$11,746	$-2,040,175
2019	$39,976	$13,671	$2,054,634	$26,305
2018	$33,046	$9,310	$2,028,329	$23,736

REAL ESTATE CHARITABLE FOUNDATION OF MARYLAND INC