ANNE ARUNDEL COMMUNITY COLLEGE FOUNDATION INC

EIN: 526078381 501(c)(3) Education

ARNOLD, MD

Total Revenue
$5,891,616
Total Expenses
$2,237,937
Total Assets
$37,110,045
Net Assets
$31,139,571
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
MD
Principal Officer
DANIEL MATHIAS
Phone
4107772515
Tax Period
2023-07-01 to 2024-06-30

ANNE ARUNDEL COMMUNITY COLLEGE FOUNDATION INC, founded in 1967, is a community nonprofit in the Education sector that reported $5.9M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.7M, a strong 62% operating margin.

Mission

THE ANNE ARUNDEL COMMUNITY COLLEGE FOUNDATION, INC. IS A 501(C)(3) CORPORATION WHOSE MISSION IS TO EXPAND PRIVATE PHILANTHROPY & CULTIVATE PARTNERSHIPS TO ENHANCE AACC'S ABILITY TO SUPPORT STUDENTS & INITIATIVES THAT STRENGTHEN OUR COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $1,206,744

SCHOLARSHIPS:ANNE ARUNDEL COMMUNITY COLLEGE (AACC) IS ONE OF THE MOST AFFORDABLE COMMUNITY COLLEGES IN MARYLAND YET MANY CURRENT AND PROSPECTIVE AACC STUDENTS DEMONSTRATE FINANCIAL NEED AND REQUIRE...

Read more

SCHOLARSHIPS:ANNE ARUNDEL COMMUNITY COLLEGE (AACC) IS ONE OF THE MOST AFFORDABLE COMMUNITY COLLEGES IN MARYLAND YET MANY CURRENT AND PROSPECTIVE AACC STUDENTS DEMONSTRATE FINANCIAL NEED AND REQUIRE FINANCIAL ASSISTANCE IN ORDER TO ENROLL AT THE COLLEGE. THE PRIVATELY FUNDED SCHOLARSHIP PROGRAM AT ANNE ARUNDEL COMMUNITY COLLEGE FOUNDATION, INC. PROVIDES THAT AID FOR HUNDREDS OF STUDENTS EACH YEAR.

Program 2
Expenses: $805,320 Revenue: $1,256,390

SUPPORT OF COLLEGE PROGRAMS:THE FOUNDATION'S FOCUS HAS HISTORICALLY BEEN ON PROVIDING SCHOLARSHIPS TO ANNE ARUNDEL COMMUNITY COLLEGE STUDENTS, WHICH REMAINS ONE OF THE FOUNDATION'S PRIMARY PURPOSES...

Read more

SUPPORT OF COLLEGE PROGRAMS:THE FOUNDATION'S FOCUS HAS HISTORICALLY BEEN ON PROVIDING SCHOLARSHIPS TO ANNE ARUNDEL COMMUNITY COLLEGE STUDENTS, WHICH REMAINS ONE OF THE FOUNDATION'S PRIMARY PURPOSES. HOWEVER, AS THE COMPLEXITIES OF A 21ST CENTURY EDUCATION INCREASE, ADDITIONAL RESOURCES IN AREAS SUCH AS TECHNOLOGY, EQUIPMENT, DEPARTMENTAL SUPPORT, FACILITIES, STUDENT ENRICHMENT AND INNOVATION HELP PROTECT THE COLLEGE'S POSITION OF STRENGTH. GENEROUS CONTRIBUTIONS TO THE AACC FOUNDATION ALLOW THE FOUNDATION TO PROVIDE FUNDING FOR SUCH NEEDS THAT CANNOT BE MET BY THE COLLEGE'S ANNUAL BUDGET. SEE SCHEDULE O FOR ADDITIONAL DETAILS ON PROGRAM SUPPORT DISBURSED IN THE CURRENT YEAR.THESE CONTRIBUTIONS PROTECT THE COLLEGE'S MARGIN OF EXCELLENCE AND ENSURE A REGIONAL VITALITY POWERED BY AN EDUCATED CITIZENRY AND WORKFORCE.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,986,624
Program Service Revenue $1,256,390
Investment Income $648,602
Other Revenue $0
TOTAL REVENUE $5,891,616

Expense Breakdown

Grants Paid $1,429,595
Salaries & Benefits $0
Fundraising Expenses $32,659
Program Expenses $2,012,064
Other Expenses $808,342
TOTAL EXPENSES $2,237,937

Year-over-Year Comparison

2023 2022 Change
Revenue $5,891,616 $4,916,920 +0.2%
Expenses $2,237,937 $2,161,524 +0.0%
Net Income $3,653,679 $2,755,396 +0.3%
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

Sign In

Governance

Voting Members
27
Independent Members
27
Employees
N/A
Volunteers
27

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
5
$195,683
Total Directors
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VOLLIE MELSON EXECUTIVE DIRECTOR 18.00
Officer
$0 $9,368 $195,683
DAN MATHIAS PRESIDENT 5.00
Officer Director
$0 $0 $0
LAURA WESTERVELT VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
CARA DUCELLIER SECRETARY 5.00
Officer Director
$0 $0 $0
ERIC KEITZ CPA TREASURER 5.00
Officer Director
$0 $0 $0
CULLEN MURRAY IMMEDIATE PAST PRESIDENT 1.00
Director
$0 $0 $0
DR SHAWN ASHWORTH BOARD MEMBER 1.00
Director
$0 $0 $0
VINCENT BROWN JR BOARD MEMBER 1.00
Director
$0 $0 $0
GINA CALVERT BOARD MEMBER 1.00
Director
$0 $0 $0
DR NADINE CHIEN BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL CRIM BOARD MEMBER 1.00
Director
$0 $0 $0
ETHAN DIETRICH BOARD MEMBER 1.00
Director
$0 $0 $0
DR RICHARD FAIRCLOTH BOARD MEMBER 1.00
Director
$0 $0 $0
RACHEL GWIN BOARD MEMBER 1.00
Director
$0 $0 $0
MARK HARTZELL BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID LEACH BOARD MEMBER 1.00
Director
$0 $0 $0
MARK LIBBY BOARD MEMBER 1.00
Director
$0 $0 $0
MARIA WORTHINGTON MCKENNA BOARD MEMBER 1.00
Director
$0 $0 $0
JAVIER MELENDEZ BOARD MEMBER 1.00
Director
$0 $0 $0
JULIE MUSSOG CPA BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID ORSO BOARD MEMBER 1.00
Director
$0 $0 $0
LOUBEN REPKE BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN ROSSO BOARD MEMBER 1.00
Director
$0 $0 $0
ELLEN SHIERY BOARD MEMBER 1.00
Director
$0 $0 $0
JAY STRICKLAND BOARD MEMBER 1.00
Director
$0 $0 $0
BEN SUROSKY BOARD MEMBER 1.00
Director
$0 $0 $0
HOWARD WEINSTEIN ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
LARAY WILLIAMS BOARD MEMBER 1.00
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 No data No data No data No data
2024 $5,891,616 $2,237,937 $37,110,045 $3,653,679
2023 $4,916,920 $2,161,524 $32,263,911 $2,755,396
2022 $4,871,771 $7,210,720 $29,078,784 $-2,338,949
2021 $3,639,177 $2,091,445 $35,623,512 $1,547,732
2020 $4,165,588 $2,081,652 $29,810,558 $2,083,936
2019 $4,750,843 $2,466,886 $28,724,763 $2,283,957
2018 $4,159,782 $2,204,142 $27,239,278 $1,955,640
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ANNE ARUNDEL COMMUNITY COLLEGE FOUNDATION INC with other nonprofits in Maryland and across the country.