HOFFBERGER FAMILY FUND INC

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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

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

THE FOUNDATION WAS CREATED TO CARRY OUT THE CHARITABLE, EDUCATIONAL, AND RELIGIOUS PURPOSES OF THE ASSOCIATED JEWISH COMMUNITY FEDERATION OF BALTIMORE, INC. (THE ASSOCIATED). THE FOUNDATION MAKES GRANTS TO PUBLIC CHARITABLE ORGANIZATIONS IN FURTHERANCE OF THE MISSION OF THE ASSOCIATED.

Program Service Accomplishments

Program 1

Expenses: $893,142 Revenue: $0

PROVIDE GRANTS TO PUBLIC CHARITABLE ORGANIZATIONS IN FURTHERANCE OF THE MISSION OF THE ASSOCIATED JEWISH COMMUNITY FEDERATION OF BALTIMORE, 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 (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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$1,008,651

Total Directors

$887,930

Key Employees

Highest Compensated

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