MARTHA MASON HILL MEMORIAL FOUNDATION INC MARTHA MASON HILL MEMORIAL FOUNDATION INC

EIN: 522328472 501(c)(3) Education

Mitchellville, MD

Total Revenue
$102,169
Total Expenses
$13,629
Total Assets
$868,708
Net Assets
$868,708
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
MD
Principal Officer
Alberta Stith
Phone
3013905914
Tax Period
2023-01-01 to 2023-12-31

MARTHA MASON HILL MEMORIAL FOUNDATION INC MARTHA MASON HILL MEMORIAL FOUNDATION INC, founded in 1999, is a small nonprofit in the Education sector that reported $102K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $89K, a strong 87% operating margin.

Mission

Our VISION is to encourage, support and sustain educational excellence for students in Chesterfield County, VA. Our MISSION is to carry on the legacy and spirit of our namesake, Martha Mason Hill, by giving college scholarships to current year high school graduating students, and to conduct outreach projects that help pre-K through undergraduate college students succeed academically. On the elementary level, our outreach efforts focus on helping pre-K - 8th grade schools with high percentages of students from low income families (families that qualify for the free lunch program in Title One schools).

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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 $79,975
Program Service Revenue $0
Investment Income $22,194
Other Revenue $0
TOTAL REVENUE $102,169

Expense Breakdown

Grants Paid $9,194
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,194
Other Expenses $4,435
TOTAL EXPENSES $13,629

Year-over-Year Comparison

2023 2022 Change
Revenue $102,169 $72,173 +0.4%
Expenses $13,629 $12,317 +0.1%
Net Income $88,540 $59,856 +0.5%
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

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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
11
Independent Members
11
Employees
N/A
Volunteers
30

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
9
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jan Hatchette Board of Directors 0.5
Director
$0 $0 $0
Delores Gilliam Board of Directors 0.5
Director
$0 $0 $0
Judy Stephenosn Board of Directors 3
Director
$0 $0 $0
Trudy Stephenson Board of Directors 1.5
Director
$0 $0 $0
Dr Cortez Dial Board of Directors 1.5
Director
$0 $0 $0
Shirley Baugh Corresponding Secretary 1
Director
$0 $0 $0
Joy Hatchette Recording Secretary 2
Officer Director
$0 $0 $0
Sarah Cheatham Assistant Secretary 0.5
Director
$0 $0 $0
Dr Willie H Lewis Jr Assistant Treasurer 2
Officer Director
$0 $0 $0
Dr Andrea L Stith Board Chair 1
Officer
$0 $0 $0
Alberta J Stith President 10.00
Officer
$0 $0 $0
Adrienne Butler PhD Scholarship Committee Chair 3
Key Emp
$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
2024 No data No data No data No data
2023 $102,169 $13,629 $868,708 $88,540
2022 $72,173 $12,317 $740,993 $59,856
2021 $117,332 $12,318 $717,338 $105,014
2020 $62,114 $6,735 $612,324 $55,379
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