Collington Foundation INC EIN 52-2011239

Collington Foundation INC

EIN  52-2011239 Supporting organization Mitchellville, MD
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Supports charitable activities for Collington Episcopal Life Care Community residents.
Leadership
Paul King · Chair
Money in and out
$922K revenue, $813K expenses
Bottom line
+12% net inflow

Supports charitable activities for Collington Episcopal Life Care Community residents. For fiscal year 2024 it reported $922K in revenue, $813K in expenses, and $7.1M in net assets.Pt I

Money in and out · FY2024
Total revenue
$922K
Pt VIII · Ln 12
Total expenses
$813K
Pt IX · Ln 25
Net assets
$7.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $109K
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.04 Fundraising $0.23
Net inflow
+12%
revenue over expenses, this year▲ +127% vs prior filing year
Pass-through gifts
46%
of revenue from contributions▼ -20% vs prior filing year
Program spending
73%
of expenses reach stated programs▼ -7% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$922K
FY2024▲ +40%
Expenses
$813K
FY2024▼ -14%
Total assets
$7.5M
FY2024▲ +3%
Total liabilities
$387K
FY2024▼ -26%
Total revenue
$922K
Pt VIII · Ln 12
Total expenses
$813K
Pt IX · Ln 25
Net assets
$7.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$109K
Total assetsPt X · Ln 16$7.5M
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 318
Independent voting membersPt I · Ln 418
Mission & Programs · Part III

Where the work happens

1 program service account for $593K of program spending, described in the organization's own filed words · FY2024.
01

The foundation provides needs-based housing and medicare care assistance, needs and merit based educational assistance to celcc's employees, culturally enriching programs sponsored for the benefit of seniors, and exempt-purpose specific grants to the supported organization for improvements.

$593Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCollington Foundation INC
EINHdr · item D52-2011239
Principal addressHdr · item CMitchellville, MD
WebsiteHdr · item Jcollington.kendal.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MMD
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T70Z)
Ruling yearIRS BMFDec 1997

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a18
Independent voting membersPt VI · Ln 1b18
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Collington Foundation INC executive salaries →

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Statement of Revenue

Part VIII
Investment income$505K · 55%
Contributions & grants$420K · 46%
Investment income55%$505K
Contributions & grants46%$420K
Total revenueLn 12$922K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.04 Fundraising $0.23
Program services73%$593K
Management & general4%$35K
Fundraising23%$186K
Total functional expensesLn 25$813K

Balance Sheet

Part X · end of year
CashLn 1$894K
Total assetsLn 16$7.5M
Total liabilitiesLn 26$387K
Total net assetsLn 32$7.1M
Months of cash on handcomputed13.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $6.5M · Operating expenses (Pt IX) $813K · Less non-cash grants $20K · Cash operating expenses/yr $793K
98.2 months
Where the money goes
Program services
Program services $593K · Total expenses $813K
73%
Management & General
Management & general $35K · Total expenses $813K
4%
Fundraising
Fundraising $186K · Total expenses $813K
23%
Cost to raise $1
Fundraising expense (3-yr avg) $154K · Solicited contributions (3-yr avg) $385K
$0.40 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $420K · Total revenue $922K
46%
Government reliance
Government grants — · Total revenue $922K
Earned-income share
Program service revenue $0 · Total revenue $922K
0%
Investment reliance
Investment income $505K · Total revenue $922K
+55%
Program self-sufficiency
Program service revenue $0 · Total expenses $813K
0%
Growth & trend
Revenue growth (YoY)
This year $922K · Prior year $657K
+40%
Revenue CAGR
FY2020 $657K · FY2024 $922K
+9%
Net-asset trend (YoY)
End of year $7.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $922K · Expenses $813K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $7.5M
Net-asset ratio
Net assets $7.1M · Total assets $7.5M
95%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $5.6M · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $7.5M
75%
People & payroll
Highest Reported Total Compensation
Individual Paul King · Reported title CHAIR · Highest reported compensation $0 · Total expenses $813K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $813K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 4%
Fundraising cost ratio 44%
Revenue growth 40%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 2 funders$33K
Grants paid · 19 grants · $1.9M · 2020–2024
Unitemized GrantFY2024$257,922
Unitemized GrantFY2024$66,462
Unitemized GrantFY2023$272,311
Unitemized GrantFY2023$46,969
Unitemized GrantFY2022$161,656
Unitemized GrantFY2022$36,229
Unitemized GrantFY2021$142,933
Unitemized GrantFY2021$26,331
Unitemized GrantFY2021$4,525
Unitemized GrantFY2020$79,538
Unitemized GrantFY2020$31,526
See all 19 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$922K revenue · viewing · ⤓ 990 PDF
FY2023$657K revenue · ⤓ 990 PDF
FY2022$672K revenue · ⤓ 990 PDF
FY2021$812K revenue · ⤓ 990 PDF
FY2020$657K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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