THE FOUNDATION FOR COMMUNITY DEVELOPMENT

EIN: 821827936 501(c)(3) Philanthropy & Grantmaking

EASTON, MD

Total Revenue
$292,174
Total Expenses
$210,473
Total Assets
$386,846
Net Assets
$381,473
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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
CHARLES J POORE
Phone
4108228292
Tax Period
2023-01-01 to 2023-12-31

THE FOUNDATION FOR COMMUNITY DEVELOPMENT, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $292K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $82K, a strong 28% operating margin.

Mission

Provide ongoing support to local communities and non-profits through numerous charitable giving strategies

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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 $187,159
Program Service Revenue $105,015
Investment Income $0
Other Revenue $0
TOTAL REVENUE $292,174

Expense Breakdown

Grants Paid $7,837
Salaries & Benefits $56,040
Fundraising Expenses $0
Program Expenses $210,473
Other Expenses $146,596
TOTAL EXPENSES $210,473

Year-over-Year Comparison

2023 2022 Change
Revenue $292,174 $350,707 -0.2%
Expenses $210,473 $83,361 +1.5%
Net Income $81,701 $267,346 -0.7%
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
3
Independent Members
3
Employees
1
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHARLES J POORE PRESIDENT 4.00
Officer Director
$0 $0 $0
MATTHEW ALBERS VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ANDREW TAWNEY TREASURER 1.00
Officer 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
2023 $292,174 $210,473 $386,846 $81,701
2022 $350,707 $83,361 $309,256 $267,346
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