Maryland Society of Land Surveyors

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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

1948

Legal Domicile

Principal Officer

John Palatiello

Tax Period

2024-07-01 to 2025-06-30

Maryland Society of Land Surveyors, founded in 1948, is a small nonprofit that reported $303K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $348K exceeded revenue, resulting in a 15% operating deficit.

Mission

Advance the science of surveying and mapping, educate the public about the necessity and importance of the profession and promote the general welfare of the members

Program Service Accomplishments

Program 1

Expenses: $114,901 Revenue: $149,100

Conferences

Program 2

Expenses: $1,631 Revenue: $2,340

Seminars

Program 3

Expenses: $30,100

PAC and government affairs

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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 (2024)

Revenue Breakdown

Contributions & Grants $101,320

Program Service Revenue $188,295

Investment Income $7,080

Other Revenue $6,370

TOTAL REVENUE $303,065

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $158,274

Other Expenses $347,876

TOTAL EXPENSES $347,876

Year-over-Year Comparison

	2024	2023	Change
Revenue	$303,065	$321,962	-0.1%
Expenses	$347,876	$312,224	+0.1%
Net Income	$-44,811	$9,738	-5.6%

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
Paul Ewell	Past President	N/A	Officer Director	$0	$0	$0
Rob Kundrick	President	N/A	Officer Director	$0	$0	$0
Bryan Haynie	President elect	N/A	Officer Director	$0	$0	$0
Steven Jones	Treasurer	N/A	Officer Director	$0	$0	$0
Vincent Nohe	Secretary	N/A	Officer Director	$0	$0	$0
Kevin Norris	Vice President	N/A	Officer Director	$0	$0	$0
Vincent Nohe	Regional Director	N/A	Officer Director	$0	$0	$0
Aaron Worley	NSPS director	N/A	Officer Director	$0	$0	$0
John Palatiello	Exec director	N/A	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
2025	$303,065	$347,876	$380,115	$-44,811
2024	$321,962	$312,224	$421,668	$9,738
2023	$279,473	$294,917	$428,555	$-15,444
2022	$304,251	$281,071	$468,691	$23,180
2021	$226,093	$196,417	$435,771	$29,676
2020	$294,171	$270,037	$403,185	$24,134
2019	$343,077	$394,006	$377,071	$-50,929
2018	$379,173	$365,353	$426,865	$13,820