FREDERICK CENTER FOR RESEARCH AND EDUCATION IN SCIENCE AND TECHNOLOGY

EIN: 812798096 501(c)(3)

FREDERICK, MD

Total Revenue
$302,573
Total Expenses
$299,015
Total Assets
$101,584
Net Assets
$101,560
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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
2015
Legal Domicile
MD
Principal Officer
DR ETHAN DMITROVSKY
Phone
2405780996
Tax Period
2018-07-01 to 2019-06-30

FREDERICK CENTER FOR RESEARCH AND EDUCATION IN SCIENCE AND TECHNOLOGY, founded in 2015, is a small nonprofit that reported $303K in total revenue in fiscal year 2018.

Mission

FREDERICK CREST WORKS TO HELP STEM-BASED INDUSTRIES IN FREDERICK COUNTY, MD ACHIEVE GREATER INNOVATION, EMPLOYMENT, AND REVENUES

Program Service Accomplishments

Program 1
Expenses: $190,149

FREDERICK CREST WORKS TO HELP STEM-BASED INDUSTRIES IN FREDERICK COUNTY, MD ACHIEVE GREATER INNOVATION, EMPLOYMENT, AND REVENUES. FREDERICK CREST OFFERS SERVICES IN CONJUNCTION WITH ACADEMIC PARTNERS...

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FREDERICK CREST WORKS TO HELP STEM-BASED INDUSTRIES IN FREDERICK COUNTY, MD ACHIEVE GREATER INNOVATION, EMPLOYMENT, AND REVENUES. FREDERICK CREST OFFERS SERVICES IN CONJUNCTION WITH ACADEMIC PARTNERS TO FACILITATE LOCAL LEARNING OPPORTUNITIES, CREATE EMPLOYEE PIPELINES, AND FOSTER PRODUCTIVE RESEARCH COLLABORATIONS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $302,047
Program Service Revenue $0
Investment Income $0
Other Revenue $526
TOTAL REVENUE $302,573

Expense Breakdown

Grants Paid $0
Salaries & Benefits $213,095
Fundraising Expenses $0
Program Expenses $190,149
Other Expenses $85,920
TOTAL EXPENSES $299,015

Year-over-Year Comparison

2018 2017 Change
Revenue $302,573 $302,055 +0.0%
Expenses $299,015 $340,898 -0.1%
Net Income $3,558 $-38,843 -1.1%
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
11
Independent Members
11
Employees
2
Volunteers
N/A

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
2
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR ETHAN DMITROVSKY BOARD CHAIR 2.00
Officer Director
$0 $0 $0
RICK WELDON SECRETARY & 2.00
Officer Director
$0 $0 $0
DR THERESA ALBAN BOARD MEMBER 2.00
Director
$0 $0 $0
MS ELIZABETH BURMASTER BOARD MEMBER 2.00
Director
$0 $0 $0
DR ANDREA CHAPDELAINE BOARD MEMBER 2.00
Director
$0 $0 $0
DR TERRY BESCH BOARD MEMBER 2.00
Director
$0 $0 $0
MS HELEN PROPHETER BOARD MEMBER 2.00
Director
$0 $0 $0
DR PETER PUSHKO BOARD MEMBER 2.00
Director
$0 $0 $0
DR TIMOTHY TRAINOR BOARD MEMBER 2.00
Director
$0 $0 $0
DR MOHAN VEMURI BOARD MEMBER 2.00
Director
$0 $0 $0
JOHN FISHER BOARD MEMBER 2.00
Director
$0 $0 $0
DR JOANNE HORN EXECUTIVE DI 40.00
$125,000 $0 $125,000
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
2019 $302,573 $299,015 $101,584 $3,558
2018 $302,055 $340,898 $106,437 $-38,843
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