ANNAPOLIS, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MARYLAND FORESTRY BOARDS FOUNDATION INC, founded in 1990, is a community nonprofit in the Environment sector that reported $2.1M in total revenue in fiscal year 2025. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $2.0M left a modest 4% surplus.
The Maryland Forestry Foundation's mission is to act as the fiduciary agent and fundraising manager for specific programs of the 24 Forestry Boards in Maryland. In our role of support for the local boards, we provide important tax deductibility to corporate and private donors interested in the stewardship, conservation & sustainable use of MD's forest resources. We have grown our mission in recent years to include the promotion and management of several large forestry programs funded by the Maryland Department of Natural Resources.
The Healthy Forests, Healthy Water initiative is part of a Maryland Department of Natural Resources grant agreement to increase forest cover on private property. Under this program, we managed 5...
The Healthy Forests, Healthy Water initiative is part of a Maryland Department of Natural Resources grant agreement to increase forest cover on private property. Under this program, we managed 5 separate grants for the state in 2025. The Foundation contracts with natural resources consultants and tree planting contractors, to implement tree planting projects on private land in conjunction with Maryland Forest Service staff. These initiatives are intended to deliver quantifiable nutrient & sediment reductions for water quality purposes. The Foundation engages the local volunteer Forestry Boards by providing training and technical assistance that allows them to document the projects' implementation and to monitor their success. In 2025, we paid out $1,642,199 to tree planting and tree maintenance contractors across the state. The remaining expenses include $48,762 for Foundation management and accounting and $2,471 in mileage reimbursements.
We administer the financial side of the grant programs of the Maryland Urban & Community Forestry Committee (MUCFC) and the Maryland Dept of Transportation (MDOT) Urban Tree grant program. In 2025...
We administer the financial side of the grant programs of the Maryland Urban & Community Forestry Committee (MUCFC) and the Maryland Dept of Transportation (MDOT) Urban Tree grant program. In 2025, the MUCFC grant program gave out 33 grants across 12 counties worth $25,961. The MDOT distributed 22 grants across 8 counties worth $52,221.
The Foundation held the 2nd annual Urban Forestry Careers Camp at the University of Maryland's College Park campus. We hosted 30 high school students for a week in July. The cost of room, board and...
The Foundation held the 2nd annual Urban Forestry Careers Camp at the University of Maryland's College Park campus. We hosted 30 high school students for a week in July. The cost of room, board and field trips was $32,460. Camp director and coordinator were paid a total of $4,000. College students majoring in Natural Resources acted as counselors and were paid $590 each for a total of $3,540. Materials/supplies/website exps were $3,489. Planning and promotion expenses for the new camp was $10,850. The camp was funded by a $50,000 grant from the Maryland Dept. of Natural Resources, student fees of $4,500 and donations of $2,500.
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $2,122,038 | $1,706,321 | +0.2% |
| Expenses | $2,046,857 | $1,673,543 | +0.2% |
| Net Income | $75,181 | $32,778 | +1.3% |
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 |
|---|---|---|---|---|---|---|
| Gary G Allen | President | 25 |
Director
|
$43,466 | $0 | $43,466 |
| Dawn Balinski | Treasurer | 25 |
Director
|
$26,087 | $0 | $26,087 |
| Sandra Sparks | Vice President Communications | 1 |
Director
|
$0 | $0 | $0 |
| Jim Bardlsey | Director | 1 |
Director
|
$0 | $0 | $0 |
| Glenn Ferenschak | Director | 1 |
Director
|
$0 | $0 | $0 |
| Wayne Lucas | Director | 1 |
Director
|
$0 | $0 | $0 |
| Joli McCathran | Director | 1 |
Director
|
$0 | $0 | $0 |
| William Rees | Director | 1 |
Director
|
$0 | $0 | $0 |
| Megan Carr | Director | 1 |
Director
|
$0 | $0 | $0 |
| Anne Hairston-Strang | Director | 1 |
Director
|
$0 | $0 | $0 |
| Mike Hunninghake | Director | 1 |
Director
|
$0 | $0 | $0 |
| Christine Conn | Director | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,122,038 | $2,046,857 | $194,411 | $75,181 |
| 2024 | $1,706,321 | $1,673,543 | $119,230 | $32,778 |
| 2023 | $1,400,469 | $1,449,179 | $86,452 | $-48,710 |
| 2022 | $1,367,074 | $1,253,335 | $135,162 | $113,739 |
| 2021 | $865,560 | $909,662 | $21,423 | $-44,102 |
| 2020 | $710,427 | $744,728 | $65,525 | $-34,301 |
Compare MARYLAND FORESTRY BOARDS FOUNDATION INC with other nonprofits in Maryland and across the country.