COLLEGE OF SOUTHERN MARYLAND FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

COLLEGE OF SOUTHERN MARYLAND FOUNDATION INC

EIN 23-7279944 · Education (B114)

What they do

THE COLLEGE of SOUTHERN MARYLAND (CSM) FOUNDATION, INC OPERATES EXCLUSIVELY for THE CHARITABLE and EDUCATIONAL PURPOSES of SUPPORTING THE COLLEGE of SOUTHERN MARYLAND and ITS STUDENTS and FACULTY. CONTINUED ON SCHEDULE O.COMPRISED of AN ALL-VOLUNTEER TRI-COUNTY BOARD of DIRECTORS, THE CSM FOUNDATION RAISES FRIENDS and FUNDS to SUPPORT STUDENTS and COLLEGE INITIATIVES. WE PROMOTE SCHOLARSHIPS, PROGRAMS, TECHNOLOGY, PROFESSIONAL DEVELOPMENT and SPECIAL PROJECTS THAT STRENGTHEN and DEVELOP CSM and OUR STUDENTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $93.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders27 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

82.33%of revenue went to mission work93.0% of expenses · Program services

0.01%of revenue went to fundraising0.0% of expenses

$88.56spent for every $100 of revenueRevenue covered expenses this year.

6.22%of revenue went to management and office costs7.0% of expenses

$12.47in assets for every $1 spent this yearSome assets cannot be spent right away.

66.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $61,298 for DR YOLANDA WILSON (SECRETARY/TREASURER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,718,472

Mission workProgram services$1,414,81682.33% of revenue93.0% of expenses

ManagementOffice and general costs$106,8406.22% of revenue7.0% of expenses

FundraisingAsking for donations$1650.01% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$196,65111.44% of revenueShown in gray on the chart

Total expenses$1,521,82188.56% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 93.0% mission · 7.0% management · 0.0% fundraisingTotal expenses: 88.56% of revenue

2023Expense mix: 91.3% mission · 8.6% management · 0.0% fundraisingTotal expenses: 106.57% of revenue

2022Expense mix: 86.6% mission · 11.1% management · 2.3% fundraisingTotal expenses: 99.88% of revenue

2021Expense mix: 88.0% mission · 11.3% management · 0.7% fundraisingTotal expenses: 52.05% of revenue

2020Expense mix: 89.7% mission · 10.1% management · 0.2% fundraisingTotal expenses: 87.52% of revenue

2019Expense mix: 88.9% mission · 8.4% management · 2.7% fundraisingTotal expenses: 93.37% of revenue

2018Expense mix: 86.0% mission · 13.8% management · 0.2% fundraisingTotal expenses: 65.56% of revenue

2017Expense mix: 78.7% mission · 17.2% management · 4.0% fundraisingTotal expenses: 67.84% of revenue

Money in and money out

Revenue$1,718,472

Expenses$1,521,821

Annual surplus $196,651 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,414,816 · 93.0% of expenses

Management and office costs$106,840 · 7.0% of expenses

Fundraising$165 · 0.0% of expenses

See all reported dollar amounts

Revenue$1,718,472

Expenses$1,521,821

Assets$18,984,671

Income$3,688,402

Contributions$1,141,682

Mission work (program services)$1,414,816

Fundraising$165

Grants given$1,593,405

Average grant$199,176

Management and general$106,840

Stocks and bonds$13,237,296

Accounting fees$10,948

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DR YOLANDA WILSONSECRETARY/TREASURER · 3 hrs/week $61,298Base · Other $61,298

JUDITH MILLSCFO · 3 hrs/week $21,957Base · Other $21,957

JEANE WHARTONEXECUTIVE DIRECTOR (UNTIL 12/24) · 8 hrs/week $633Base · Other $633

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (27)

DR YOLANDA WILSONSECRETARY/TREASURER

JUDITH MILLSCFO

JEANE WHARTONEXECUTIVE DIRECTOR (UNTIL 12/24)

JOANNA YAKAITISDIRECTOR

TREY PROCTORCHAIR

TONI KRUSZKADIRECTOR II DEVELOPMENT

THEODORE HARWOODDIRECTOR

TERESA TIKI SHASHODIRECTOR

SAMANTHA STRATCHKOVICE CHAIR

RANDALL WILLIAMSIMMEDIATE PAST CHAIR

MARY HANNAHDIRECTOR

KEVIN SWITICKDIRECTOR

KENNETH ABELLTRUSTEE LIAISON

KELLY ROBERTSON-SLAGLEDIRECTOR

JULIE LEMMONDIRECTOR

JOSE GONZALEZDIRECTOR

CAROLYN HEITHAUSDIRECTOR

JAY WEBSTERDIRECTOR

JANNA JACKSONDIRECTOR

JAMES NORRIS JRDIRECTOR

DOMINIC POWELLDIRECTOR

DIXIE MILLERDIRECTOR

DENNIS ERIC VREMDIRECTOR

DAWN YEITRAKISDIRECTOR

DAVID OSTERHOUSEDIRECTOR

DANIELLE CONROWDIRECTOR

CHARLES JOHNSTONDIRECTOR

About this charity

Recognized since: January 1973
Location: PO BOX 910, LAPLATA, MD 20646-0910
County: Charles
In care of: DR YOLANDA WILSON
Primary officer: DR YOLANDA WILSON, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailcsmfoundation@csmd.edu Phone(301) 934-2251

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Education (B114)
Grant-giving organization: Yes