Charles County Scholarship Fund Inc

EIN: 521436993 501(c)(3)

La Plata, MD

Total Revenue
$220,953
Total Expenses
$221,508
Total Assets
$985,930
Net Assets
$985,930
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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
1985
Legal Domicile
MD
Principal Officer
Katie Facchina
Phone
4103708885
Tax Period
2025-01-01 to 2025-12-31

Charles County Scholarship Fund Inc, founded in 1985, is a small nonprofit that reported $221K in total revenue in fiscal year 2025. Revenue fell 48% from the prior year — a significant decline worth monitoring. Net assets of $986K represent 54 months of operating reserves.

Mission

To provide post secondary educational scholarships to applicants.

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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 (2025)

Revenue Breakdown

Contributions & Grants $195,397
Program Service Revenue $0
Investment Income $25,556
Other Revenue $0
TOTAL REVENUE $220,953

Expense Breakdown

Grants Paid $218,750
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $218,750
Other Expenses $2,758
TOTAL EXPENSES $221,508

Year-over-Year Comparison

2025 2024 Change
Revenue $220,953 $424,283 -0.5%
Expenses $221,508 $212,472 +0.0%
Net Income $-555 $211,811 -1.0%
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
17
Independent Members
17
Employees
N/A
Volunteers
15

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
4
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kevin Wedding President N/A
Officer Director
$0 $0 $0
Maureen Mears Vice President N/A
Officer Director
$0 $0 $0
Katie Facchina Treasurer N/A
Officer Director
$0 $0 $0
Virginia McGraw Secretary N/A
Officer Director
$0 $0 $0
Christina Ledman Commissioners Rep N/A
Director
$0 $0 $0
Michelina Coates Commissioners Rep N/A
Director
$0 $0 $0
Christian Zimmerman Board Member N/A
Director
$0 $0 $0
Gina Markovich Board Member N/A
Director
$0 $0 $0
Brad Howard Board Member N/A
Director
$0 $0 $0
Lauren Ball Board Member N/A
Director
$0 $0 $0
Jennifer Walker Board Member N/A
Director
$0 $0 $0
Vannessa Conley-Gilbert Board Member N/A
Director
$0 $0 $0
Janet Malherek Board Member N/A
Director
$0 $0 $0
Yonelle Moore-Lee Board Member N/A
Director
$0 $0 $0
Lynette Starke Board Member N/A
Director
$0 $0 $0
Teresa Jones Board Member N/A
Director
$0 $0 $0
Judy Simpson Board Member N/A
Director
$0 $0 $0
Joya Lewis Board Member N/A
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 $220,953 $221,508 $985,930 $-555
2024 $424,283 $212,472 $986,485 $211,811
2023 $160,022 $261,817 $774,674 $-101,795
2022 $205,677 $224,123 $876,471 $-18,446
2021 $178,623 $227,259 $894,918 $-48,636
2020 $201,229 $207,473 $943,553 $-6,244
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