THE COMMUNITY FOUNDATION HOLDING COMPANY INC

EIN: 522028247 501(c)(3) Community Improvement

FREDERICK, MD

Total Revenue
$251,601
Total Expenses
$31,998
Total Assets
$281,098
Net Assets
$249,100
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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
1986
Legal Domicile
MD
Principal Officer
ELIZABETH Y DAY
Phone
3016957660
Tax Period
2023-07-01 to 2024-06-30

THE COMMUNITY FOUNDATION HOLDING COMPANY INC, founded in 1986, is a small nonprofit in the Community Improvement sector that reported $252K in total revenue in fiscal year 2023. Revenue surged 810% from the prior year, signaling strong growth momentum. The organization ran a surplus of $220K, a strong 87% operating margin.

Mission

TO PROVIDE FINANCIAL SUPPORT TO THE COMMUNITY FOUNDATION OF FREDERICK COUNTY MARYLAND, INC. A RELATED EXEMPT ORGANIZATION (CFFC) BY HOLDING AND INVESTING ASSETS FOR AND IN SUPPORT OF CFFC, AND TO ACT AS TRUSTEE FOR CHARITABLE TRUSTS OF WHICH CFFC IS A BENEFICIARY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $222,000
Program Service Revenue $29,595
Investment Income $6
Other Revenue $0
TOTAL REVENUE $251,601

Expense Breakdown

Grants Paid $0
Salaries & Benefits $11,637
Fundraising Expenses $0
Program Expenses $22,114
Other Expenses $20,361
TOTAL EXPENSES $31,998

Year-over-Year Comparison

2023 2022 Change
Revenue $251,601 $27,644 +8.1%
Expenses $31,998 $34,508 -0.1%
Net Income $219,603 $-6,864 -33.0%
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
24
Independent Members
24
Employees
N/A
Volunteers
28

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
8
$456,435
Total Directors
24
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEATRICE REAVER CHAIRMAN 1.00
Officer Director
$0 $0 $0
IAN BARTMAN PAST CHAIRMAN 1.00
Officer Director
$0 $0 $0
KIMBERLY CHANEY TREASURER 1.00
Officer Director
$0 $0 $0
VERONICA D LOWE SECRETARY 1.00
Officer Director
$0 $0 $0
PAUL ROSE SECOND VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
DETRIC KEMP FIRST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ABBIE RICKETTS TRUSTEE 1.00
Director
$0 $0 $0
ALEJANDRO CANADAS TRUSTEE 1.00
Director
$0 $0 $0
ANGELA DREDDEN TRUSTEE 1.00
Director
$0 $0 $0
ASHLEIGH ROSSI TRUSTEE 1.00
Director
$0 $0 $0
CARMEN HERNANDEZ TRUSTEE 1.00
Director
$0 $0 $0
CHRISTOPHER HESSEN TRUSTEE 1.00
Director
$0 $0 $0
DARRYN NAYLIN TRUSTEE 1.00
Director
$0 $0 $0
DAVID WEIGELT TRUSTEE 1.00
Director
$0 $0 $0
GORDON COOLEY TRUSTEE 1.00
Director
$0 $0 $0
JEAN JOYCE TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER CLINGAN TRUSTEE 1.00
Director
$0 $0 $0
JOSHUA DONOFRY TRUSTEE 1.00
Director
$0 $0 $0
LINDA MORGAN TRUSTEE 1.00
Director
$0 $0 $0
LOUANNE WELGOSS TRUSTEE 1.00
Director
$0 $0 $0
PATTI MALUCHNIK TRUSTEE 1.00
Director
$0 $0 $0
RAEANN BUTLER TRUSTEE 1.00
Director
$0 $0 $0
RICHARD PEARRELL TRUSTEE 1.00
Director
$0 $0 $0
SHAWN WOLF TRUSTEE 1.00
Director
$0 $0 $0
ELIZABETH Y DAY PRESIDENT & CEO 50.00
Officer
$0 $25,113 $254,471
GAIL M FITZGERALD CHIEF FINANCIAL OFFICER 50.00
Officer
$0 $23,221 $201,964
DIANA FULCHIRON DIRECTOR OF COMMUNITY IMPA 40.00
Highest
$0 $14,828 $128,570
KIMBERLY LIDDICK - BYRNES DIRECTOR OF MARKETING & CO 40.00
Highest
$0 $12,748 $114,610
LAURA MCCULLOUGH DIRECTOR PHILANTHROPIC SER 40.00
Highest
$0 $11,204 $139,959
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 No data No data No data No data
2024 $251,601 $31,998 $281,098 $219,603
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