Chesapeake Charities Inc
- Assets
- $5.5m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 4
- Location
- Stevensville, MD
- Founding
- 10/2004
- Data as of
- 12/2021
- EIN
- 30-0254793
Organization Overview
Chesapeake Charities Inc, operating under the name Chesapeake Charities, is located in Stevensville, MD. The organization was established in 2004. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Chesapeake Charities employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chesapeake Charities is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Chesapeake Charities generated $2.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 6.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Chesapeake Charities has awarded 50 individual grants totaling $1,215,592. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF CHESAPEAKE CHARITIES, INC. IS TO PROVIDE INNOVATIVE LEADERSHIP AND QUALITY SERVICES THAT ENCOURAGE CHARITABLE GIVING, BUILD COMMUNITY RESOURCES, AND ENABLE DONORS CONTINUED ON SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHESAPEAKE CHARITIES IS A VITAL CENTER OF KNOWLEDGE FOR DONORS, NONPROFITS, BUSINESSES AND GOVERNMENT AGENCIES IN THE CHESAPEAKE BAY REGION. WE PROVIDE FINANCIAL, LEGAL, AND ADMINISTRATIVE SUPPORT TO MORE THAN 80 COMPONENT FUNDS AND OFFER LEADERSHIP TRAINING, GRANT WRITING AND EVALUATION SERVICES. WE ARE EXPERTS IN PHILANTHROPY, CONNECTING PEOPLE, RESOURCES AND DONORS TO ENSURE THE GREATEST COLLECTIVE IMPACT IS MADE WITH EVERY DONATION. WE WERE SUCCESSFUL IN SECURING OVER 600,000 IN GRANT FUNDING FOR CHARITABLE GROUPS IN 2019.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Kohler Executive Director | Trustee | 40 | $88,454 |
Jodie Gray Vice Chair | OfficerTrustee | 1 | $0 |
Audrey E Scott Chair | OfficerTrustee | 1 | $0 |
Diana Waterman Treasurer | OfficerTrustee | 1 | $0 |
Paula Warner Secretary | OfficerTrustee | 1 | $0 |
Mark Freestate Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $84,223 |
| Related organizations | $0 |
| Government grants | $416,592 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,932,769 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,433,584 |
| Total Program Service Revenue | $52,083 |
| Investment income | $71,195 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$3,264 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,553,598 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $86,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $155,734 |
| Compensation of current officers, directors, key employees. | $39,432 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,871 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,549 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,936 |
| Advertising and promotion | $5,920 |
| Office expenses | $15,416 |
| Information technology | $5,017 |
| Royalties | $0 |
| Occupancy | $14,633 |
| Travel | $48 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,727 |
| All other expenses | $0 |
| Total functional expenses | $1,935,613 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,285,274 |
| Savings and temporary cash investments | $992,759 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $3,087,708 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $103,758 |
| Total assets | $5,469,499 |
| Accounts payable and accrued expenses | $113,105 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $113,105 |
| Net assets without donor restrictions | $521,719 |
| Net assets with donor restrictions | $4,834,675 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,469,499 |
Grants Awarded
Over the last fiscal year, Chesapeake Charities Inc has awarded $70,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
La Plata, MD PURPOSE: GENERAL SUPPORT | $40,000 |
Prince Frederick, MD PURPOSE: GENERAL SUPPORT | $30,000 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Chesapeake Charities Inc has recieved totaling $313,726.
| Awarding Organization | Amount |
|---|---|
Clifton Foundation Inc Chestertown, MD PURPOSE: GENERAL CHARITABLE PURPOSES | $208,000 |
Baltimore Corps Inc Baltimore, MD PURPOSE: BUSINESS DEVELOPMENT | $63,500 |
American Gift Fund Wilmington, DE PURPOSE: OPERATIONS | $10,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $8,540 |
Friel Foundation Inc Queenstown, MD PURPOSE: OPERATING FUNDS | $7,500 |
A T & Mary H Blades Foundation Inc Preston, MD PURPOSE: TOM CAT SOLUTIONS | $6,000 |
Endowment Analysis
| Beg. Balance | $1,966,693 |
| Earnings | $206,117 |
| Net Contributions | $365,792 |
| Other Expense | $28,536 |
| Grants | $25,375 |
| Ending Balance | $2,484,691 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lancaster County Community Foundation Lancaster, PA | $92,463,036 | $19,491,842 |
The Community Foundation Of Harrisonburg And Rockingham County Harrisonburg, VA | $68,152,988 | $23,085,179 |
Greater Kanawha Valley Foundation Charleston, WV | $329,426,372 | $27,972,481 |
Community Foundation Of Greater Johnstown Johnstown, PA | $89,313,800 | $19,729,908 |
Community Foundation Of Frederick County Maryland Incorporated Frederick, MD | $137,281,850 | $16,443,346 |
The Community Foundation For Northern Virginia Inc Oakton, VA | $80,161,408 | $23,451,822 |
Community Foundation Of Western Pennsylvania And Eastern Ohio Sharon, PA | $123,167,161 | $16,344,885 |
York County Community Foundation York, PA | $208,424,639 | $17,313,520 |
Community Foundation Of The Eastern Shore Inc Salisbury, MD | $144,509,312 | $16,050,496 |
Chester County Community Foundation Inc West Chester, PA | $86,163,241 | $21,195,715 |
Mid-Shore Community Foundation Inc Easton, MD | $125,001,314 | $15,563,573 |
Lehigh Valley Community Foundation Allentown, PA | $80,747,413 | $16,923,036 |