MARYLAND VETERANS MEMORIAL MUSEUM … - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

LAWRENCE ABELL

Phone

3019321900

Tax Period

2023-01-01 to 2023-12-31

MARYLAND VETERANS MEMORIAL MUSEUM INC AT CHARLES COUNTY, founded in 2002, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $70K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $155K exceeded revenue, resulting in a 122% operating deficit.

Mission

TO RECOGNIZE AND HONOR ALL U.S. MILITARY VETERANS. TO PROVIDE EDUCATIONAL CURRICULUM RELATED TO U.S. MILITARY HISTORY.

Program Service Accomplishments

Program 1

Expenses: $148,800 Revenue: $659

TO RECOGNIZE AND HONOR ALL U.S. MILITARY VETERANS. TO PROVIDE EDUCATIONAL CURRICULUM RELATED TO U.S. MILITARY HISTORY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $45,746

Program Service Revenue $659

Investment Income $19

Other Revenue $23,692

TOTAL REVENUE $70,116

Expense Breakdown

Grants Paid $2,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $148,800

Other Expenses $152,998

TOTAL EXPENSES $155,498

Year-over-Year Comparison

	2023	2022	Change
Revenue	$70,116	$77,644	-0.1%
Expenses	$155,498	$136,950	+0.1%
Net Income	$-85,382	$-59,306	+0.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAWRENCE ABELL	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRUCE JOHNSON	SECOND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ELAINE LAWTON	SECRETARY	1.00	Officer Director	$0	$0	$0
CINDY KEESEE	TREASURER	1.00	Officer Director	$0	$0	$0
ROBERT STRIEGEL	DIRECTOR	0.25	Director	$0	$0	$0
SUSIE BENDER	DIRECTOR	0.25	Director	$0	$0	$0
JIM WATERS	DIRECTOR	0.25	Director	$0	$0	$0
JAKE MITCHELL	DIRECTOR	0.25	Director	$0	$0	$0
JIM DUNBAR	DIRECTOR	0.25	Director	$0	$0	$0
RICHARD STUTZ	DIRECTOR	0.25	Director	$0	$0	$0
NORMAN SAUNDERS	DIRECTOR	0.25	Director	$0	$0	$0
ABE KENNEDY	DIRECTOR	0.25	Director	$0	$0	$0
ARLETT AANESTAD	CHAPLAIN	0.25	Director	$0	$0	$0
CATHERINE ROBERTS	DIRECTOR	0.25	Director	$0	$0	$0
CONNIE UY	DIRECTOR	0.25	Director	$0	$0	$0
MATT JASKIEWICZ	DIRECTOR	0.25	Director	$0	$0	$0
THOMAS MAYER	DIRECTOR	0.25	Director	$0	$0	$0
ELTON STOKES	DIRECTOR	0.25	Director	$0	$0	$0
JOAN SABREE	FIRST VICE PRESIDENT	1.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$70,116	$155,498	$3,396,301	$-85,382
2022	$77,644	$136,950	$3,492,383	$-59,306
2021	$129,273	$167,290	$3,580,905	$-38,017
2020	$354,577	$131,337	$3,618,922	$223,240
2019	$61,168	$149,101	$3,606,150	$-87,933
2018	$369,213	$166,945	$3,694,083	$202,268

MARYLAND VETERANS MEMORIAL MUSEUM INC AT CHARLES COUNTY