RICHCROFT INC

EIN: 521302331 501(c)(3) Human Services

SPARKS, MD

Total Revenue
$40,886,744
Total Expenses
$37,800,220
Total Assets
$32,871,716
Net Assets
$18,082,973
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
MD
Principal Officer
KEVIN M DRUMHELLER
Phone
4107853274
Tax Period
2024-07-01 to 2025-06-30

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.

Mission

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.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $659,708
Program Service Revenue $39,644,963
Investment Income $495,674
Other Revenue $86,399
TOTAL REVENUE $40,886,744

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,165,112
Fundraising Expenses $325,543
Program Expenses $33,727,067
Other Expenses $6,635,108
TOTAL EXPENSES $37,800,220

Year-over-Year Comparison

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%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
14
Independent Members
14
Employees
679
Volunteers
87

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
$633,872
Total Directors
15
$356,922
Key Employees
0
$0
Highest Compensated
0
reported
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
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
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
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare RICHCROFT INC with other nonprofits in Maryland and across the country.