University of Maryland Medical Sys… - Form 990 Financial Data

🔒

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

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Phone

4103281376

Tax Period

2022-07-01 to 2023-06-30

University of Maryland Medical System Foundation Inc, founded in 2000, is a mid-sized nonprofit in the Education sector that reported $16.7M in total revenue in fiscal year 2022. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $2.5M, a strong 15% operating margin.

Mission

UMMS FOUNDATION, INC. RAISES CHARITABLE FUNDS TO SAFEGUARD THE FUTURE OF HEALTH CARE EXCELLENCE FOR UNIVERSITY OF MARYLAND MEDICAL SYSTEM.

Program Service Accomplishments

Program 1

Expenses: $7,952,320 Revenue: $0

UNIVERSITY OF MARYLAND MEDICAL SYSTEM FOUNDATION, INC. (UMMSF) RAISES CHARITABLE FUNDS TO SAFEGUARD THE FUTURE OF HEALTH CARE EXCELLENCE FOR UNIVERSITY OF MARYLAND MEDICAL SYSTEM (UMMS) THROUGH THE DEVELOPMENT OF CHARITABLE SUPPORT. UMMSF HELPS UMMS REMAIN A LEADING INTEGRATED HEALTH CARE DELIVERY SYSTEM. ESTABLISHED IN MARCH 2000, UMMSF IS BUILDING AN ENDOWMENT FUND TO SAFEGUARD THE FUTURE OF HEALTH CARE EXCELLENCE AT UMMS AND IS ITS CENTRAL STRUCTURE FOR FUNDRAISING, STEWARDSHIP AND ENDOWMENT MANAGEMENT. UMMSF PROVIDES SUPPORT TO UMMS FOR THE CONSTRUCTION AND MAINTENACE OF UMMS FACILITIES AND OTHER CAPITAL NEEDS OF ITS HOSPITALS, TO FILL THE GAP WHEN PATIENTS CAN NOT PAY FOR DRUGS OR COVER THE ENTIRE COST OF CARE, AND TO SUPPORT THE DEVELOPMENT OF CLINICAL PROGRAMS THAT ARE ESSENTIAL TO THE COMMUNITY. WE PROVIDE COMMUNITY SUPPORT AND EDUCATION AND ASSIST THE UMMS HOSPITALS TO PROVIDE CUTTING EDGE CARE THAT WOULD OTHERWISE NOT BE AFFORDABLE.

🔒

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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $12,591,297

Program Service Revenue $0

Investment Income $4,838,153

Other Revenue $-741,668

TOTAL REVENUE $16,687,782

Expense Breakdown

Grants Paid $7,387,122

Salaries & Benefits $1,442,589

Fundraising Expenses $1,122,953

Program Expenses $7,952,320

Other Expenses $5,342,429

TOTAL EXPENSES $14,172,140

Year-over-Year Comparison

	2022	2021	Change
Revenue	$16,687,782	$19,698,385	-0.2%
Expenses	$14,172,140	$12,798,696	+0.1%
Net Income	$2,515,642	$6,899,689	-0.6%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$1,074,467

Total Directors

$3,331,283

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	Chairman	1.0	Officer Director	$0	$0	$0
N/A	VICE CHAIR	1.0	Officer Director	$0	$0	$0
N/A	PRESIDENT, UMMC MIDTOWN CAMPUS	1.0	Director	$0	$34,226	$786,344
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	Director, Pres/CEO UMMC	1.0	Director	$0	$239,960	$1,981,098
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	Director	1.0	Director	$0	$0	$0
N/A	PRESIDENT AND CEO, JLKH	1.0	Director	$0	$35,522	$563,841
N/A	Director	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	Director (Ended 03/2023)	1.0	Director	$0	$0	$0
N/A	TREASURER	1.0	Officer	$0	$95,581	$804,154
N/A	Secretary	1.0	Officer	$0	$39,734	$270,313

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	No data	No data	No data	No data
2023	$16,687,782	$14,172,140	$102,979,927	$2,515,642
2022	$19,698,385	$12,798,696	$90,137,681	$6,899,689
2021	$14,920,300	$8,636,776	$91,803,907	$6,283,524
2020	$16,663,820	$5,660,165	$85,112,232	$11,003,655
2019	$21,816,608	$8,656,879	$72,658,290	$13,159,729
2018	$15,163,125	$7,460,760	$57,979,451	$7,702,365

University of Maryland Medical System Foundation Inc