Ashby Ponds Inc
88% goes to programs $12 to raise $100 Thin reserves
Ashby Ponds Inc is a 501(c)(3) organization based in Catonsville, Maryland, registered in 2011, with $114,534,137 in FY2024 revenue. CharityIndex grades it C, and it directs about 88% of spending to programs.
813 Maiden Choice Ln, Catonsville, MD, 21228 EIN 20-5609803 Since 2011
Revenue (FY2024)
$114.5M
▲ 11.4% vs prior year
Human Services median: $293K
Expenses (FY2024)
$131.4M
Net assets
-$104.6M
Employees
1,434
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →C+Program efficiency40% of the rating88% to programs · $12 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Ashby Ponds Inc: 88% to programs · $12 to raise $100 earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Ashby Ponds Inc: 0 mo reserves · -15% margin earns a F on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Ashby Ponds Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Ashby Ponds Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provide a home for seniors that satisfies their three primary needs.
Contact & location
- Address
- 813 Maiden Choice Ln, Catonsville, MD, 21228
- City
- Catonsville
- State
- Maryland
- Category
- Human Services
- Subcategory
- Residential Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $29.2M (FY2013) to $114.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $815.5MNet assets -$104.6M
Operating margin
-14.7%
Spent more than it raised in the latest fiscal year.
Total assets
$710.9M
Total liabilities
$815.5M
Net assets
-$104.6M
Salaries & benefits
$41.0M
31% of expenses
Board members
13
9 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $114,534,137▲11.4% | $131,381,519▲15.1% | -$104,630,712▼18.8% | $710,885,111▲15.9% | 990 |
| 2023 | $102,808,100▼12.7% | $114,112,382▼13.7% | -$88,041,509▼8.0% | $613,598,346▼45.4% | 990 |
| 2022 | $117,737,314▲11.3% | $132,273,275▲12.2% | -$81,491,521▼23.2% | $1,123,470,050▲3.9% | 990 |
| 2021 | $105,782,483▲9.3% | $117,903,102▲13.8% | -$66,121,863▼22.8% | $1,081,002,554▲10.9% | 990 |
| 2020 | $96,815,463▲9.7% | $103,567,509▲11.5% | -$53,836,995▼8.5% | $974,898,998▲27.9% | 990 |
| 2019 | $88,246,844▲14.0% | $92,922,448▼1.2% | -$49,628,339▼10.6% | $762,046,134▲12.9% | 990 |
| 2018 | $77,435,384▲19.0% | $94,035,904▲35.4% | -$44,883,433▼59.4% | $675,159,702▲22.7% | 990 |
| 2017 | $65,092,331▲7.2% | $69,470,439▼3.8% | -$28,165,901▼18.4% | $550,452,284▲18.7% | 990 |
| 2016 | $60,744,572▲19.0% | $72,202,074▲26.2% | -$23,787,238▼93.0% | $463,658,737▲1.0% | 990 |
| 2015 | $51,027,503▲55.9% | $57,222,435▲46.8% | -$12,326,342▼101% | $459,141,724▲34.7% | 990 |
| 2014 | $32,720,484▲12.2% | $38,986,320▲25.4% | -$6,127,062▼4511% | $340,769,740▲32.2% | 990 |
| 2013 | $29,168,167 | $31,082,560▲7.1% | $138,908▼93.3% | $257,852,518▼2.2% | 990 |
| 2012 | — | $29,019,542▲12.7% | $2,058,934▲35.0% | $263,544,092▲18.5% | 990 |
| 2011 | — | $25,758,067 | $1,524,705 | $222,473,906 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Tom Channon — $240,281 (0.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Tom Channon | Executive Director | 40 | $240,281 |
| Dana Bradshaw | Sales Counselor | 40 | $169,833 |
| Gisele Kouevi | Director, Nursing | 40 | $168,804 |
| Jason Healey | Director, Finance | 40 | $154,960 |
| Amanda Feigenheimer | Nurse Practioner, Eh&wb | 40 | $152,986 |
| Aashee Gupta | Manager, Rehabilitation | 40 | $148,367 |
| Doug Bradshaw | Senior Manager, Facilities | 40 | $127,001 |
| Isabel Wilson | Panning and Moving Consultant | 40 | $122,978 |
| Barbara C Bisgaier | Director | 0.1 | — |
| Chris Rathmann | Assistant Treasurer (thru 3/31/24) | 1 | — |
| Eileen G Erstad | Vice Chair & Vp/treasurer | 0.8 | — |
| Ian Brown | Director | 0.1 | — |
| John Hall | Assistant Treasurer | 1 | — |
| Katherine Clupper | Director (beg 4/1/24) | 0.1 | — |
| Mark Embley | Assistant Treasurer | 1 | — |
| Mary D Colins | Secretary | 0.1 | — |
| Mary Moscato | Director (beg 4/1/24) | 0.1 | — |
| Michael W Roskiewicz | Director | 0.1 | — |
| Monty C Leonard | Chair & President | 1.2 | — |
| Neal Gantert | Assistant Treasurer | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Erickson Senior Living LLC | Management - See Sch. O | $13,010,151 |
| Cypress Contracting LLC | Contractor | $1,488,425 |
| Positive General Contractors Inc | Contractor | $1,377,856 |
| The Sherwin Williams Co | Painting | $1,012,333 |
| 3 Day Blinds LLC | Interior Design | $852,432 |
Grants received · $11K total
2 grants to Ashby Ponds Inc totaling $11K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2024 | $5,500 |
| T Rowe Price Program For Charitable Giving Inc | Multiple | 2021 | $5,900 |
Grants made · $7,304 in FY2024
1 grant totaling $7,304 in FY2024. All grants made by Ashby Ponds Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Alzheimers Disease and Related Disorders Association Inc | General support | $7,304 |
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Frequently asked questions
- Is Ashby Ponds Inc a legitimate nonprofit?
- Yes. Ashby Ponds Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-5609803, based in Catonsville, Maryland. Donations are tax-deductible.
- What is Ashby Ponds Inc's EIN?
- Ashby Ponds Inc's Employer Identification Number (EIN) is 20-5609803.
- How much revenue does Ashby Ponds Inc report?
- Ashby Ponds Inc reported $114,534,137 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Ashby Ponds Inc's spending goes to programs?
- Ashby Ponds Inc spends about 88% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Ashby Ponds Inc have?
- CharityIndex grades Ashby Ponds Inc C, based on program efficiency and fundraising cost.
- How much does Ashby Ponds Inc's highest-paid employee make?
- The highest reported compensation on Ashby Ponds Inc's latest Form 990 is $240,281, paid to Tom Channon (Executive Director).
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Data for Ashby Ponds Inc (EIN 20-5609803) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.