Civic Intelligence

The Shepherd Foundation Ltd

EIN 52-1613402 • 501(c)3 • Potomac, MD

Profile

NONE

PO Box 59083Potomac, MD 20854

n/A

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.00x

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

41st percentile

0.7%

Higher net margin than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

97th percentile

175%

Faster asset growth than 97% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

94th percentile

125%

Faster revenue growth than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets18th percentile

Assets

Up

$1,550,688

Up $986,620 (+175%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$1,550,688

Up $986,620 (+175%) from 2023

Operations
Liabilities / Revenue19th percentileNet Margin41st percentile

Revenue

Up

$1,064,933

Up $590,756 (+125%) from 2023

Expenses

Up

$1,057,543

Up $614,159 (+139%) from 2023

Net Income

Down

$7,390

Down $23,403 (-76%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth97th percentile

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

$2.0M$1.5M$1.0M$500K$0Assets 2013: $1,151,928Liabilities 2013: $0Net Assets 2013: $1,151,9282013Assets 2014: $1,050,964Liabilities 2014: $0Net Assets 2014: $1,050,9642014Assets 2015: $1,012,940Liabilities 2015: $0Net Assets 2015: $1,012,9402015Assets 2016: $1,047,574Liabilities 2016: $0Net Assets 2016: $1,047,5742016Assets 2017: $933,515Liabilities 2017: $0Net Assets 2017: $933,5152017Assets 2018: $966,384Liabilities 2018: $0Net Assets 2018: $966,3842018Assets 2019: $879,473Liabilities 2019: $0Net Assets 2019: $879,4732019Assets 2020: $698,915Liabilities 2020: $0Net Assets 2020: $698,9152020Assets 2021: $625,136Liabilities 2021: $0Net Assets 2021: $625,1362021Assets 2022: $533,275Liabilities 2022: $0Net Assets 2022: $533,2752022Assets 2023: $564,068Liabilities 2023: $0Net Assets 2023: $564,0682023Assets 2024: $1,550,688Liabilities 2024: $0Net Assets 2024: $1,550,6882024

Highlighted filing

2024

Assets$1,550,688
Liabilities$0
Net Assets$1,550,688
Open 2024 Filing

Operations Trend

Revenue Growth94th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2013: $1,469,573Expenses 2013: $1,306,873Net Income 2013: $162,7002013Revenue 2014: $613,043Expenses 2014: $714,007Net Income 2014: -$100,9642014Revenue 2015: $315,222Expenses 2015: $353,246Net Income 2015: -$38,0242015Revenue 2016: $581,798Expenses 2016: $547,164Net Income 2016: $34,6342016Revenue 2017: $400,546Expenses 2017: $514,605Net Income 2017: -$114,0592017Revenue 2018: $549,889Expenses 2018: $517,020Net Income 2018: $32,8692018Revenue 2019: $458,568Expenses 2019: $545,479Net Income 2019: -$86,9112019Revenue 2020: $527,378Expenses 2020: $707,936Net Income 2020: -$180,5582020Revenue 2021: $559,702Expenses 2021: $633,481Net Income 2021: -$73,7792021Revenue 2022: $588,888Expenses 2022: $680,749Net Income 2022: -$91,8612022Revenue 2023: $474,177Expenses 2023: $443,384Net Income 2023: $30,7932023Revenue 2024: $1,064,933Expenses 2024: $1,057,543Net Income 2024: $7,3902024

Highlighted filing

2024

Revenue$1,064,933
Expenses$1,057,543
Net Income$7,390
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,550,688
Liabilities
$0
Net assets
$1,550,688
Revenue
$1,064,933
Expenses
$1,057,543
Net income
$7,390
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$1.06$1.06$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.47$0.44$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.00$0.53$0.59$0.68$0.09
2021Detailed filing. Detailed filing data is available for this year.$0.63$0.00$0.63$0.56$0.63$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$0.53$0.71$0.18
2019Summary only. Only limited summary data is available for this year.$0.88$0.00$0.88$0.46$0.55$0.09
2018Summary only. Only limited summary data is available for this year.$0.97$0.00$0.97$0.55$0.52$0.03
2017Summary only. Only limited summary data is available for this year.$0.93$0.00$0.93$0.40$0.51$0.11
2016Summary only. Only limited summary data is available for this year.$1.05$0.00$1.05$0.58$0.55$0.03
2015Summary only. Only limited summary data is available for this year.$1.01$0.00$1.01$0.32$0.35$0.04
2014Summary only. Only limited summary data is available for this year.$1.05$0.00$1.05$0.61$0.71$0.10
2013Summary only. Only limited summary data is available for this year.$1.15$0.00$1.15$1.47$1.31$0.16
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 12, 2025
Return Version
2024v5.2
Gross Receipts
$1,465,283
Mission and Program Overview

Mission

NONE

Tuition assistance for catholic high school and grade school students who require financial aid.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$564,068$1,550,688▲ $986,620
Investments in Publicly Traded Securities-$1,211,523-
Savings and Temporary Cash Investments$563,103$339,165▼ $223,938
Investments Other Securities$965--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$564,068$1,550,688▲ $986,620
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$564,068$1,550,688▲ $986,620
Total Liabilities and Net Assets / Fund Balance$564,068$1,550,688▲ $986,620
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Brian RidgwayChairman
Carolyn RidgwayDirector
Dave GiulieriDirector
Edward Quinn JrDirector
Elizabeth Y DuranteDirector
John C MchughDirector
Kathleen MccormickDirector
Kevin HowardDirector
Lisa Ridgway SlaterDirector
Mike RidgwayDirector
Monsignor John EnzlerDirector
Peter FarrellDirector
Rick Sullivan JrDirector
Ryan SullivanDirector
Terri SmithDirector
William R Slater IiiDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$961,736
Program Service Revenue
$0
Investment Income
$103,197
Other Revenue
$0
All Other Contributions
$961,736
Change in Net Assets
$7,390
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,049,539
Other Expenses$8,004
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,049,539--$1,049,539
Office Expenses-$3,988-$3,988
Fees for Service Investment Mgmnt Fees-$3,297-$3,297
Other Expenses$719--$719
Total Functional Expenses$1,050,258$7,285$0$1,057,543
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
SAINT JOHN'S COLLEGE HIGH SCHOOLChevy Chase, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$42,000
Gonzaga College High SchoolWashington, DC-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$25,000
Archbishop Carroll High SchoolWashington, DC-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$23,000
The Academy of the Holy CrossKensington, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$23,000
Georgetown Visitation Preparatory SchoolWashington, DC-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$17,000
Bishop Mcnamara High SchoolForestville, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$16,000
Our Lady of Lourdes Catholic SchoolBethesda, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$16,000
Our Lady of Good Counsel High SchoolOlney, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$15,500
Connelly School of the Holy ChildPotomac, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$15,000
Elizabeth Seton High SchoolBladensburg, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$15,000
Georgetown Preparatory SchoolNorth Bethesda, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$14,500
SAINT MARY'S RYKEN HIGH SCHOOLLeonardtown, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$14,000
San Miguel SchoolWashington, DC-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$14,000
Our Lady of Mercy SchoolPotomac, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$11,500
Holy Redeemer School (kensington)Kensington, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$11,000
Saint Vincent Pallotti High SchoolLaurel, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$10,500
Saint Bartholomew SchoolBethesda, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$10,000
Saint Jane De Chantal SchoolBethesda, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$10,000
Stone Ridge School of the Sacred HeartBethesda, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$10,000
Don Bosco Cristo Rey High School and Corporate Work Study ProgramTakoma Park, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$9,000
Blessed Sacrament SchoolWashington, DC-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$8,000
Saint Jude Regional Catholic SchoolRockville, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$8,000
Dematha Catholic High SchoolHyattsville, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$7,000
Saint Francis International SchoolSilver Spring, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$7,000
Holy Redeemer School (college Park)College Park, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$5,500
Saint Ambrose Catholic SchoolCheverly, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$5,500
Saint Elizabeth SchoolRockville, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$5,500
The Academy of Saint Matthias the ApostleLanham, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$5,500
The Heights High SchoolPotomac, MD-Tuition Assistance for Catholic High School and Grade School Students Who Require Financial Aid$5,500
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 A, Line 2

“Brian ridgway is married to carolyn ridgway. Lisa slater is the sister of brian t ridgway. Mike ridgway is the brother of brian t ridgway. William slater is the husband of lisa slater and is the financial advisor of brian t ridgway and lisa slater. Ryan sullivan and richard sullivan, jr are the sons of richard sullivan, sr.”

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

“Form 990 is reviewed by select officers and directors prior to filling, and then made available to all directors upon request.”

Form 990, Part VI, Section C, Line 19

“Governing documents, conflict of interest and financial statements are available to all contributors & recipients upon request.”

Filing and Contact Details

Filer

Filer Name
The Shepherd Foundation Ltd
EIN
52-1613402
Phone
2023522048
Address
PO BOX 59083, POTOMAC, MD 20854

Signing Officer

Name
Mary Elizabeth Young Durante
Title
Chairman
Phone
2023522048
Signed
2025-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Elizabeth Young Dura
Formed
1988
Legal Domicile
Md
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
0

Preparer

Firm
Councilor Buchanan & Mitchell Pc
Address
7910 WOODMONT AVE STE 500, BETHESDA, MD 20814
Preparer
Dominick V Bellia
Phone
3019860600
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 8

“During 2024, the organization identified a discrepancy in previously reported asset balances. The 2023 form 990 reported total assets of approximately $564,000. Upon gaining access to all bank and investment accounts, the organization confirmed actual balances as of january 1, 2024, totaled approximately $1,472,000. This $908,000 difference was due to an omission in prior year reporting and has been corrected through a prior period adjustment reflected in part xi, line 8. All assets have been verified as fully owned by the organization and not held in agency capacity. This adjustment ensures the accuracy of the organization's financial reporting going forward. The correction reflects the organization's commitment to transparency and improved financial oversight.”

Raw XML AppendixShowing 400 of 656 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/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
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IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt7TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt8TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt9TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt10TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt11TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt12TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt13TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt14TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt15TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt16TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt17TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt18TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt19TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt20TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt21TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt22TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt23TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt24TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt25TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt26TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt27TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt28TUITION ASSISTANCE FOR CATHOLIC HIGH SCHOOL AND GRADE SCHOOL STUDENTS WHO REQUIRE FINANCIAL AID
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0ARCHBISHOP CARROLL HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1BISHOP MCNAMARA HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2BLESSED SACRAMENT SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3CONNELLY SCHOOL OF THE HOLY CHILD
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4DEMATHA CATHOLIC HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5DON BOSCO CRISTO REY HIGH SCHOOL AND CORPORATE WORK STUDY PROGRAM
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6ELIZABETH SETON HIGH SCHOOL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7GEORGETOWN PREPARATORY SCHOOL

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