WOLASKY FAMILY FOUNDATION INC

EIN: 820956858 501(c)(3) Philanthropy & Grantmaking

BALTIMORE, MD

Total Revenue
$2,005,783
Total Expenses
$2,288,906
Total Assets
$272,766
Net Assets
$272,766
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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
2017
Legal Domicile
MD
Principal Officer
HOWARD FRIEDMAN
Phone
4107274828
Tax Period
2024-07-01 to 2025-06-30

WOLASKY FAMILY FOUNDATION INC, founded in 2017, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.0M in total revenue in fiscal year 2024. Expenses of $2.3M exceeded revenue, resulting in a 14% operating deficit.

Mission

TO CARRY OUT THE CHARITABLE, EDUCATIONAL, AND RELIGIOUS PURPOSES OF THE ASSOCIATED: JEWISH COMMUNITY FEDERATION OF BALTIMORE, INC.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,000,000
Program Service Revenue $0
Investment Income $5,783
Other Revenue $0
TOTAL REVENUE $2,005,783

Expense Breakdown

Grants Paid $2,200,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,285,000
Other Expenses $88,906
TOTAL EXPENSES $2,288,906

Year-over-Year Comparison

2024 2023 Change
Revenue $2,005,783 $2,014,676 0.0%
Expenses $2,288,906 $1,812,866 +0.3%
Net Income $-283,123 $201,810 -2.4%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HOWARD FRIEDMAN PRESIDENT AND PUBLIC DIRECTOR 0.15
Officer Director
$0 $0 $0
JERRY WOLASKY VICE PRESIDENT AND DONOR DIRECTOR 0.15
Officer Director
$0 $0 $0
MICHAEL ELMAN SECRETARY AND PUBLIC DIRECTOR 0.15
Officer Director
$0 $0 $0
YEHUDA NEUBERGER TREASURER AND PUBLIC DIRECTOR 0.15
Officer Director
$0 $0 $0
SUE WOLASKY DONOR DIRECTOR 0.15
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 $2,005,783 $2,288,906 $272,766 $-283,123
2024 No data No data No data No data
2023 $2,003,628 $1,952,871 $267,386 $50,757
2022 $1,503,292 $1,477,942 $222,511 $25,350
2021 $1,530,380 $2,709,672 $239,805 $-1,179,292
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