FEDCHOICE CHARITABLE FOUNDATION INC

EIN: 823075853 501(c)(3) Public & Societal Benefit

LANHAM, MD

Total Revenue
$523,056
Total Expenses
$210,831
Total Assets
$466,360
Net Assets
$466,360
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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
EDWARD ATUAHENE
Phone
3016996100
Tax Period
2024-01-01 to 2024-12-31

FEDCHOICE CHARITABLE FOUNDATION INC, founded in 2017, is a small nonprofit in the Public & Societal Benefit sector that reported $523K in total revenue in fiscal year 2024. Revenue surged 91% from the prior year, signaling strong growth momentum. The organization ran a surplus of $312K, a strong 60% operating margin.

Mission

TO SUPPORT YOUTH EDUCATIONAL PROGRAMS

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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 $521,053
Program Service Revenue $0
Investment Income $2,003
Other Revenue $0
TOTAL REVENUE $523,056

Expense Breakdown

Grants Paid $22,000
Salaries & Benefits $163,375
Fundraising Expenses $9,087
Program Expenses $179,156
Other Expenses $25,456
TOTAL EXPENSES $210,831

Year-over-Year Comparison

2024 2023 Change
Revenue $523,056 $274,461 +0.9%
Expenses $210,831 $197,704 +0.1%
Net Income $312,225 $76,757 +3.1%
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
5
Independent Members
5
Employees
N/A
Volunteers
25

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
$163,374
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRETT NOLL PRESIDENT 5.00
Officer Director
$0 $0 $0
SANDRA PARK VICE-PRESIDENT 2.00
Officer Director
$0 $0 $0
CHRISTINE WRIGHT SECRETARY 2.00
Officer Director
$0 $0 $0
EDWARD ATUAHENE TREASURER 5.00
Officer Director
$0 $0 $0
SUSAN BARNES DIRECTOR 1.00
Director
$0 $0 $0
ANDREY GIDASPOV EXECUTIVE DIRECTOR 0.00
Officer
$151,764 $11,610 $163,374
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 $523,056 $210,831 $466,360 $312,225
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