Charles County Charitable Trust Inc
- Assets
- $155.9k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 4
- Location
- Bel Alton, MD
- Founding
- 04/2017
- Data as of
- 06/2023
- EIN
- 81-3638681
Organization Overview
Charles County Charitable Trust Inc is located in Bel Alton, MD. The organization was established in 2017. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2023, Charles County Charitable Trust Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles County Charitable Trust Inc 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 06/2023, Charles County Charitable Trust Inc generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.4% each year . All expenses for the organization totaled $1.9m during the year ending 06/2023. While expenses have increased by 44.7% 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 2018, Charles County Charitable Trust Inc has awarded 216 individual grants totaling $7,296,624. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE CHARLES COUNTY CHARITABLE TRUST IS TO IMPROVE QUALITY OF LIFE IN THE COMMUNITY BY STRENGTHENING THE LOCAL NONPROFIT SECTOR THROUGH EDUCATIONAL PROGRAMS AND GRANT ASSISTANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARLES COUNTY CHARITABLE TRUST IS INVOLVED IN MANAGING THE DECISION-MAKING PROCESS IN GRANT AWARDS, MONITORING THE GRANTS AWARDED, MAKE SITE VISITS TO GRANTEES, REVIEW MID-YEAR AND FINAL GRANT REPORTS FROM GRANTEE ORGANIZATIONS. THE ORGANIZATION ALSO PROVIDES OPPORTUNITIES FOR REPRESENTATIVES OF NONPROFIT ORGANIZATIONS TO PARTICIPATE IN A COMPREHENSIVE LEARNING EXPERIENCE. PARTICIPANTS LEARN TO DEVELOP INDIVIDUALIZED FUNDRAISING PROGRAM PLANS THAT INTEGRATE FUNDRAISING, MARKETING AND COMMUNICATIONS TO INCREASE OVERALL FINANCIAL SUPPORT AND ASSURE SUSTAINABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christie Burnett Executive Dir. | Officer | 40 | $71,059 |
Russell Yates President | OfficerTrustee | 2 | $0 |
George Hawley Vice President | OfficerTrustee | 2 | $0 |
Nicole Daniels Treasurer | OfficerTrustee | 2 | $0 |
Mark Gaskill Secretary | OfficerTrustee | 2 | $0 |
Bill Dotson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,873,480 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,876,080 |
| Total Program Service Revenue | $0 |
| Investment income | $74 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,876,154 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,665,237 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $79,142 |
| Compensation of current officers, directors, key employees. | $31,657 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,191 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,541 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,597 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,867 |
| Office expenses | $1,219 |
| Information technology | $11,908 |
| Royalties | $0 |
| Occupancy | $1 |
| Travel | $0 |
| 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 | $1,484 |
| Insurance | $1,866 |
| All other expenses | $1,523 |
| Total functional expenses | $1,872,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,130 |
| Savings and temporary cash investments | $52,962 |
| 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 | $877 |
| Net Land, buildings, and equipment | $2,657 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,308 |
| Total assets | $155,934 |
| Accounts payable and accrued expenses | $21,819 |
| 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 | $3,308 |
| Other liabilities | $0 |
| Total liabilities | $25,127 |
| Net assets without donor restrictions | $130,807 |
| Net assets with donor restrictions | $0 |
| 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 | $155,934 |
Grants Awarded
Over the last fiscal year, Charles County Charitable Trust Inc has awarded $1,562,017 in support to 51 organizations.
| Grant Recipient | Amount |
|---|---|
ADOPTIONS TOGETHER PURPOSE: family connections | $10,000 |
ARC OF SOUTHERN MARYLAND PURPOSE: respite services for disabled | $44,878 |
BAY COMMUNITY SUPPORT SERVICE PURPOSE: group homes | $15,807 |
CATHOLIC CHARITIES PURPOSE: housing and support | $90,000 |
CAMP ST CHARLES PURPOSE: religious,education camps | $15,000 |
CENTER FOR ABUSED PERSONS PURPOSE: 24 hour crisis hotline | $50,000 |