Civic Intelligence

The Caroline Foundation Inc

EIN 52-0906348 • 501(c)3 • Denton, MD

Profile

To award grants to nonprofit organizations that benefit the local community.

PO Box 607Denton, MD 21629

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

5th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

6th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

79th percentile

28%

Higher net margin than 79% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

18th percentile

$0

Higher top officer pay than 18% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

62nd percentile

8.8%

Faster asset growth than 62% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2025

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2025

Assets

Up

$18,575,423

Up $1,388,618 (+8.1%) from 2024

Liabilities

Flat

$0

Flat from 2024

Net Assets

Up

$18,575,423

Up $1,388,618 (+8.1%) from 2024

Revenue

Up

$1,403,392

Up $739,939 (+112%) from 2024

Expenses

Up

$1,016,216

Up $71,345 (+7.6%) from 2024

Net Income

Up

$387,176

Up $668,594 (+238%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0Assets 2010: $7,882,864Liabilities 2010: $1,711,331Net Assets 2010: $6,171,5332010Assets 2011: $5,106,367Liabilities 2011: $610,407Net Assets 2011: $4,495,9602011Assets 2012: $5,243,822Liabilities 2012: $791,353Net Assets 2012: $4,452,4692012Assets 2013: $5,129,150Liabilities 2013: $662,954Net Assets 2013: $4,466,1962013Assets 2014: $5,275,538Liabilities 2014: $754,020Net Assets 2014: $4,521,5182014Assets 2015: $11,742,548Liabilities 2015: $638,508Net Assets 2015: $11,104,0402015Assets 2016: $14,395,928Liabilities 2016: $0Net Assets 2016: $14,395,9282016Assets 2017: $15,122,487Liabilities 2017: $0Net Assets 2017: $15,122,4872017Assets 2018: $15,495,546Liabilities 2018: $0Net Assets 2018: $15,495,5462018Assets 2019: $15,492,233Liabilities 2019: $0Net Assets 2019: $15,492,2332019Assets 2020: $15,335,478Liabilities 2020: $14,374Net Assets 2020: $15,321,1042020Assets 2021: $18,224,501Liabilities 2021: $0Net Assets 2021: $18,224,5012021Assets 2022: $15,092,399Liabilities 2022: $0Net Assets 2022: $15,092,3992022Assets 2023: $15,701,192Liabilities 2023: $0Net Assets 2023: $15,701,1922023Assets 2024: $17,186,805Liabilities 2024: $0Net Assets 2024: $17,186,8052024Assets 2025: $18,575,423Liabilities 2025: $0Net Assets 2025: $18,575,4232025

Highlighted filing

2025

Assets$18,575,423
Liabilities$0
Net Assets$18,575,423

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$15M$10M$5.0M$0-$5.0MExpenses 2010: $7,332,3272010Revenue 2011: $7,672,334Expenses 2011: $7,502,977Net Income 2011: $169,3572011Revenue 2012: $7,772,811Expenses 2012: $7,816,302Net Income 2012: -$43,4912012Revenue 2013: $7,959,051Expenses 2013: $7,945,324Net Income 2013: $13,7272013Revenue 2014: $8,005,655Expenses 2014: $7,950,333Net Income 2014: $55,3222014Revenue 2015: $15,476,606Expenses 2015: $8,894,084Net Income 2015: $6,582,5222015Revenue 2016: $3,510,917Expenses 2016: $219,029Net Income 2016: $3,291,8882016Revenue 2017: $441,414Expenses 2017: $482,961Net Income 2017: -$41,5472017Revenue 2018: $576,714Expenses 2018: $746,707Net Income 2018: -$169,9932018Revenue 2019: $642,291Expenses 2019: $761,596Net Income 2019: -$119,3052019Revenue 2020: $980,827Expenses 2020: $920,598Net Income 2020: $60,2292020Revenue 2021: $2,862,530Expenses 2021: $752,670Net Income 2021: $2,109,8602021Revenue 2022: $256,844Expenses 2022: $925,966Net Income 2022: -$669,1222022Revenue 2023: -$677,130Expenses 2023: $858,537Net Income 2023: -$1,535,6672023Revenue 2024: $663,453Expenses 2024: $944,871Net Income 2024: -$281,4182024Revenue 2025: $1,403,392Expenses 2025: $1,016,216Net Income 2025: $387,1762025

Highlighted filing

2025

Revenue$1,403,392
Expenses$1,016,216
Net Income$387,176

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$18.6$0.00$18.6$1.40$1.02$0.39
2024Detailed filing. Detailed filing data is available for this year.$17.2$0.00$17.2$0.66$0.94$0.28
2023Detailed filing. Detailed filing data is available for this year.$15.7$0.00$15.7$0.68$0.86$1.54
2022Detailed filing. Detailed filing data is available for this year.$15.1$0.00$15.1$0.26$0.93$0.67
2021Detailed filing. Detailed filing data is available for this year.$18.2$0.00$18.2$2.86$0.75$2.11
2020Detailed filing. Detailed filing data is available for this year.$15.3$0.01$15.3$0.98$0.92$0.06
2019Detailed filing. Detailed filing data is available for this year.$15.5$0.00$15.5$0.64$0.76$0.12
2018Detailed filing. Detailed filing data is available for this year.$15.5$0.00$15.5$0.58$0.75$0.17
2017Detailed filing. Detailed filing data is available for this year.$15.1$0.00$15.1$0.44$0.48$0.04
2016Summary only. Only limited summary data is available for this year.$14.4$0.00$14.4$3.51$0.22$3.29
2015Summary only. Only limited summary data is available for this year.$11.7$0.64$11.1$15.5$8.89$6.58
2014Summary only. Only limited summary data is available for this year.$5.28$0.75$4.52$8.01$7.95$0.06
2013Summary only. Only limited summary data is available for this year.$5.13$0.66$4.47$7.96$7.95$0.01
2012Summary only. Only limited summary data is available for this year.$5.24$0.79$4.45$7.77$7.82$0.04
2011Summary only. Only limited summary data is available for this year.$5.11$0.61$4.50$7.67$7.50$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.88$1.71$6.17$7.33
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Dec 22, 2025
Return Version
2024v5.2
Gross Receipts
$3,629,364
Mission and Program Overview

Mission

To award grants to nonprofit organizations that benefit the local community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$16,585,630$18,251,442▲ $1,665,812
Cash and Non-Interest-Bearing Accounts$130,583$238,764▲ $108,181
Savings and Temporary Cash Investments$470,592$85,217▼ $385,375
Total Assets$17,186,805$18,575,423▲ $1,388,618
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$17,186,805$18,575,423▲ $1,388,618
Total Net Assets Fund Balance$17,186,805$18,575,423▲ $1,388,618
Total Liabilities and Net Assets / Fund Balance$17,186,805$18,575,423▲ $1,388,618
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$601,796
Program Service Revenue
$0
Investment Income
$801,596
Other Revenue
$0
All Other Contributions
$601,796
Change in Net Assets
$387,176
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$860,000
Other Expenses$156,216
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$860,000--$860,000
Fees for Service Investment Mgmnt Fees-$84,883-$84,883
Fees for Services Other$43,122$14,374-$57,496
Fees for Services Accounting-$4,590-$4,590
Insurance-$4,197-$4,197
Conferences and Meetings-$1,255-$1,255
Other Expenses-$478-$478
All Other Expenses-$276-$276
Total Functional Expenses$903,122$113,094$0$1,016,216
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
ST MARTIN'S MINISTRIESRidgley, MD501(c)(3)Food Pantry Enhanced Staffing$120,000
His Hope MinistriesGoldsboro, MD501(c)(3)Homeless Shelter Program$115,000
Compass Regional HospiceCentreville, MD501(c)(3)Hospice Care, Supportive Care and Grief Support$100,000
AARON'S PLACEPreston, MD501(c)(3)Food Insecurites and Health Disparities$70,000
Caroline County Public SchoolsDenton, MD501(c)(3)Back Packs$60,000
Choptank Community Health SystemDenton, MD501(c)(3)Enhancing Dental Technologies$60,000
Ymca of the ChesapeakeDenton, MD501(c)(3)Access for All in Caroline County$60,000
For All SeasonsEaston, MD501(c)(3)Open Access$50,000
Community Civic League of FederalsburgFederalsburg, MD501(c)(3)Community Pantry$45,150
Friends of the Grape Dba Chesapeake Culinary CenterDenton, MD501(c)(3)Hunger Coordinators$35,000
Channel MarkerEaston, MD501(c)(3)Medication Adherence Technology Services$30,000
Rebuilding Together Caroline Countycritical Repairs Caroline CountyDenton, MD501(c)(3)Critical Repairs for Those in Need$24,110
Dc CenterDenton, MD501(c)(3)Getting Ahead Program$23,240
Casa Caroline CountyDenton, MD501(c)(3)Program Support$20,000
Partners in CareEaston, MD501(c)(3)Age in Place With Dignity and Respect$20,000
Mid-shore Restoring Hope in WomenCordova, MD501(c)(3)House of Hope$10,000
The Salvation ArmyCambridge, MD501(c)(3)Emergency Rental and Utilities Assistance$10,000
Union Bethel Ame ChurchDenton, MD501(c)(3)Angels in Service$7,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Line 11a explanation - prior to submission, a draft of the the form 990 is provided to each board member in advance for review and discussed at a board meeting.

Form 990, Part VI, Section C, Line 19

All required documents are available upon request.

Filing and Contact Details

Filer

Filer Name
The Caroline Foundation Inc
EIN
52-0906348
Phone
4103102030
Address
PO BOX 607, DENTON, MD 21629

Signing Officer

Name
Terry Mead
Title
President
Phone
4103102030
Signed
2025-12-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Terry Mead
Formed
1967
Legal Domicile
Md
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
0

Preparer

Firm
Gross Mendelsohn & Associates Pa
Address
1801 PORTER STREET SUITE 500, BALTIMORE, MD 21230
Preparer
James E Crisp
Phone
4106855512
Raw XML AppendixShowing 400 of 566 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc1PRINTING AND COPYING
IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/Desc3REGISTRATION FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01642
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1919
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2480
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3478
IRS990/OtherExpensesGrp/TotalAmt01642
IRS990/OtherExpensesGrp/TotalAmt1919
IRS990/OtherExpensesGrp/TotalAmt2480
IRS990/OtherExpensesGrp/TotalAmt3478
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0TERRY MEAD
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IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0366202
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0800000
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IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
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IRS990/RelatedEntityInd00
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IRS990/ReportOtherAssetsInd00
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt085217
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0366202
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01050
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IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt160
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt170
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FOOD INSECURITES AND HEALTH DISPARITIES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1BACK PACKS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2ENHANCING DENTAL TECHNOLOGIES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3ACCESS FOR ALL IN CAROLINE COUNTY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4HOSPICE CARE, SUPPORTIVE CARE AND GRIEF SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5HOMELESS SHELTER PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6ANGELS IN SERVICE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7COMMUNITY PANTRY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8FOOD PANTRY ENHANCED STAFFING
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9MEDICATION ADHERENCE TECHNOLOGY SERVICES
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10AGE IN PLACE WITH DIGNITY AND RESPECT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11PROGRAM SUPPORT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12HUNGER COORDINATORS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13CRITICAL REPAIRS FOR THOSE IN NEED
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14OPEN ACCESS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15GETTING AHEAD PROGRAM
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16HOUSE OF HOPE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17EMERGENCY RENTAL AND UTILITIES ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AARON'S PLACE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CAROLINE COUNTY PUBLIC SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CHOPTANK COMMUNITY HEALTH SYSTEM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3YMCA OF THE CHESAPEAKE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4COMPASS REGIONAL HOSPICE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5HIS HOPE MINISTRIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6UNION BETHEL AME CHURCH
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7COMMUNITY CIVIC LEAGUE OF FEDERALSBURG
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt8ST MARTIN'S MINISTRIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt9CHANNEL MARKER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt10PARTNERS IN CARE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt11CASA CAROLINE COUNTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt12FRIENDS OF THE GRAPE DBA CHESAPEAKE CULINARY CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt13REBUILDING TOGETHER CAROLINE COUNTYCRITICAL REPAIRS CAROLINE COUNTY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt14FOR ALL SEASONS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt15DC CENTER
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt16MID-SHORE RESTORING HOPE IN WOMEN
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt17THE SALVATION ARMY
IRS990ScheduleI/RecipientTable/RecipientEIN0842099035
IRS990ScheduleI/RecipientTable/RecipientEIN1521116591
IRS990ScheduleI/RecipientTable/RecipientEIN2520646895
IRS990ScheduleI/RecipientTable/RecipientEIN3521414892
IRS990ScheduleI/RecipientTable/RecipientEIN4842385064
IRS990ScheduleI/RecipientTable/RecipientEIN5521230398
IRS990ScheduleI/RecipientTable/RecipientEIN6521913676
IRS990ScheduleI/RecipientTable/RecipientEIN7521244067
IRS990ScheduleI/RecipientTable/RecipientEIN8521911806
IRS990ScheduleI/RecipientTable/RecipientEIN9820561419
IRS990ScheduleI/RecipientTable/RecipientEIN10201592697

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