SPARKS, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)RICHCROFT INC, founded in 1983, is a mid-sized nonprofit in the Human Services sector that reported $40.9M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $37.8M left a modest 8% surplus.
Since 1983, Richcroft, Inc., a private not-for-profit corporation has been providing community living opportunities, education and support services to men and women with intellectual and other developmental disabilities in Howard, Harford, Baltimore and Carroll Counties with a focus on individual choice, control and satisfaction that will assist them in living full and productive lives thru supported living, respite care and family/individual support services.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $40,886,744 | $36,460,735 | +0.1% |
| Expenses | $37,800,220 | $32,626,766 | +0.2% |
| Net Income | $3,086,524 | $3,833,969 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KEVIN M DRUMHELLER | CEO | 40.00 |
Officer
Director
|
$312,631 | $44,291 | $356,922 |
| MICHAEL HARGEST | CFO | 40.00 |
Officer
|
$236,884 | $40,066 | $276,950 |
| CLAUDIA MOON | DIR NURSING | 40.00 |
|
$170,223 | $19,669 | $189,892 |
| SHONTAE M JONES | DIRECTOR HR | 40.00 |
|
$142,149 | $23,842 | $165,991 |
| CHIKE E OGBONNA | DIR RESIDENTIAL | 40.00 |
|
$149,660 | $4,471 | $154,131 |
| LISA S ACKERMAN | DIR QUALITY ASSURA | 40.00 |
|
$131,322 | $15,176 | $146,498 |
| JESSICA F KLEIN | DIR SUPPORT SVC | 40.00 |
|
$129,937 | $0 | $129,937 |
| EDDIE M DENNING | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN CARVER | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| JIMMIE NOBLE | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MATTHEW G HUDDLE | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHAEL JABLONOVER | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN DIFFENDERFFER | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| DANIELLE FORD | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH KELLEMAN | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| DARRYL GREEN | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA B JOHNSON | CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES WERKING | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| SIRI DOUB | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| FLORENCE NDI | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| ALISCIA CORNISH | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $40,886,744 | $37,800,220 | $32,871,716 | $3,086,524 |
| 2024 | $36,460,735 | $32,626,766 | $25,037,314 | $3,833,969 |
| 2023 | $30,024,445 | $27,266,684 | $22,393,362 | $2,757,761 |
| 2022 | $27,238,317 | $23,367,716 | $21,664,023 | $3,870,601 |
| 2021 | $26,061,033 | $21,167,743 | $24,061,054 | $4,893,290 |
| 2020 | $20,051,386 | $19,166,688 | $19,470,266 | $884,698 |
| 2019 | $18,433,442 | $18,192,793 | $16,980,803 | $240,649 |
Compare RICHCROFT INC with other nonprofits in Maryland and across the country.