HARFORD COUNTY PUBLIC LIBRARY FOUN… - Form 990 Financial Data

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Principal Officer

SHARON LIPFORD

Phone

4102735600

Tax Period

2023-07-01 to 2024-06-30

HARFORD COUNTY PUBLIC LIBRARY FOUNDATION INC, founded in 1998, is a small nonprofit in the Education sector that reported $263K in total revenue in fiscal year 2023. Revenue fell 73% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $152K, a strong 58% operating margin.

Mission

THE HARFORD COUNTY PUBLIC LIBRARY FOUNDATION SERVES TO AUGMENT THE FINANCIAL RESOURCES OF THE LIBRARY, PROMOTE AWARENESS OF ITS SERVICES, AND FACILITATE ITS DEVELOPMENT AS A CREATIVE ENVIRONMENT WITHIN THE COUNTY THAT ENCOURAGES THE ACQUISITION OF KNOWLEDGE AND THE LOVE OF READING.

Program Service Accomplishments

Program 1

Expenses: $54,540

OUTREACH ON BEHALF OF AND DONATIONS DIRECTLY TO THE HARFORD COUNTY PUBLIC LIBRARY

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $306,120

Program Service Revenue $0

Investment Income $45,429

Other Revenue $-88,386

TOTAL REVENUE $263,163

Expense Breakdown

Grants Paid $54,540

Salaries & Benefits $0

Fundraising Expenses $2,820

Program Expenses $54,540

Other Expenses $56,457

TOTAL EXPENSES $110,997

Year-over-Year Comparison

	2023	2022	Change
Revenue	$263,163	$991,736	-0.7%
Expenses	$110,997	$81,165	+0.4%
Net Income	$152,166	$910,571	-0.8%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
SHARON M LIPFORD	PRESIDENT	1.00	Officer Director	$0	$0	$0
MATTHEW BUECKER	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
ANDY GUCKERT	TREASURER	1.00	Officer Director	$0	$0	$0
ROBIN SOMMER	SECRETARY	1.00	Officer Director	$0	$0	$0
MARY L HASTLER	MEMBER	1.00	Director	$0	$0	$0
SILVANA BOWKER	MEMBER	1.00	Director	$0	$0	$0
RACHEL HARBIN	MEMBER	1.00	Director	$0	$0	$0
SARAH KLEIN	MEMBER	1.00	Director	$0	$0	$0
PHILIP E LOGAN	MEMBER	1.00	Director	$0	$0	$0
TARYN J MARTIN	MEMBER	1.00	Director	$0	$0	$0
DIANE MOORE	MEMBER	1.00	Director	$0	$0	$0
ANGELA ROSE	MEMBER	1.00	Director	$0	$0	$0
LAURIE SLIZEWSKI	MEMBER	1.00	Director	$0	$0	$0
BRAD STOVER	MEMBER	1.00	Director	$0	$0	$0
LEE TAYSON	MEMBER	1.00	Director	$0	$0	$0
COLONEL JONAS VOGELHUT	MEMBER	1.00	Director	$0	$0	$0
KATHY WALSH	MEMBER	1.00	Director	$0	$0	$0
JONATHAN WATERHOUSE	MEMBER	1.00	Director	$0	$0	$0
CAROL WRIGHT	MEMBER	1.00	Director	$0	$0	$0
JAMILA METEE	MEMBER	1.00	Director	$0	$0	$0
CAROLYN LAMBDIN	MEMBER	1.00	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
2025	No data	No data	No data	No data
2024	$263,163	$110,997	$1,498,360	$152,166
2023	$991,736	$81,165	$1,385,502	$910,571
2022	$12,578	$100,228	$427,929	$-87,650
2021	$65,391	$69,596	$529,083	$-4,205
2020	$171,721	$396,421	$575,976	$-224,700
2019	$350,943	$259,763	$787,921	$91,180
2018	$302,003	$130,600	$547,023	$171,403

HARFORD COUNTY PUBLIC LIBRARY FOUNDATION INC