HOFFBERGER FAMILY FUND INC

EIN: 521167596 501(c)(3) Philanthropy & Grantmaking

BALTIMORE, MD

Total Revenue
$595,757
Total Expenses
$969,640
Total Assets
$22,258,035
Net Assets
$22,258,035
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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
1979
Legal Domicile
MD
Principal Officer
MARC B TERRILL
Phone
4107274828
Tax Period
2023-01-01 to 2023-12-31

HOFFBERGER FAMILY FUND INC, founded in 1979, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $596K in total revenue in fiscal year 2023. Expenses of $970K exceeded revenue, resulting in a 63% operating deficit.

Mission

TO CARRY OUT THE CHARITABLE, EDUCATIONAL, AND RELIGIOUS PURPOSES OF THE ASSOCIATED.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $595,757
Other Revenue $0
TOTAL REVENUE $595,757

Expense Breakdown

Grants Paid $893,142
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $893,142
Other Expenses $76,498
TOTAL EXPENSES $969,640

Year-over-Year Comparison

2023 2022 Change
Revenue $595,757 $609,700 0.0%
Expenses $969,640 $976,731 0.0%
Net Income $-373,883 $-367,031 +0.0%
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

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Governance

Voting Members
11
Independent Members
10
Employees
N/A
Volunteers
10

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
5
$1,008,651
Total Directors
11
$887,930
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARC B TERRILL PRESIDENT & PUBLIC DIRECTOR 0.15
Officer Director
$0 $44,135 $887,930
LOIS H HALPERT VICE PRESIDENT & DONOR DIRECTOR 0.15
Officer Director
$0 $0 $0
BRUCE S HOFFBERGER TREASURER & DONOR DIRECTOR 0.15
Officer Director
$0 $0 $0
BENJAMIN K GREENWALD SECRETARY & PUBLIC DIRECTOR 0.15
Officer Director
$0 $0 $0
DAVID B HOFFBERGER DONOR DIRECTOR 0.15
Director
$0 $0 $0
CORIE HOFFBERGER DONOR DIRECTOR 0.15
Director
$0 $0 $0
HELLER ZAIMAN DONOR DIRECTOR 0.15
Director
$0 $0 $0
BETH GOLDSMITH PUBLIC DIRECTOR 0.15
Director
$0 $0 $0
MARK NEUMANN PUBLIC DIRECTOR 0.15
Director
$0 $0 $0
PHILIP E SACHS PUBLIC DIRECTOR 0.15
Director
$0 $0 $0
JOHN SHMERLER PUBLIC DIRECTOR 0.15
Director
$0 $0 $0
LAUREN KLEIN ASSISTANT SECRETARY 0.15
Officer
$0 $5,326 $120,721
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
2024 No data No data No data No data
2023 $595,757 $969,640 $22,258,035 $-373,883
2022 $609,700 $976,731 $20,729,391 $-367,031
2021 $1,936,189 $916,867 $24,283,935 $1,019,322
2020 $560,908 $872,259 $21,811,264 $-311,351
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