LARGO, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PRINCE GEORGE'S COUNTY MEMORIAL LIBRARY SYSTEM FOUNDATION INC, founded in 2014, is a small nonprofit in the Education sector that reported $223K in total revenue in fiscal year 2023. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $1.9M exceeded revenue, resulting in a 758% operating deficit.
TO PROVIDE CRITICAL PHILANTHROPIC SUPPORT TO THE PRINCE GEORGE'S COUNTY MEMORIAL LIBRARY SYSTEM AND TO HELP STRENGTHEN THE LIBRARY'S CAPACITY TO INNOVATE, ADAPT TO CHANGE, AND ENSURE OUR LIBRARIES REMAIN A VITAL RESOURCE FOR ALL IN PRINCE GEORGE'S COUNTY NOW AND IN THE FUTURE.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $223,035 | $766,587 | -0.7% |
| Expenses | $1,914,538 | $682,932 | +1.8% |
| Net Income | $-1,691,503 | $83,655 | -21.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KAREN ANADOL | VICE-CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAMON AUSTIN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD BELL | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| COLIN BYRD | CHAIR- END | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| KAREN CLARK-REDDON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| LINDA WASHINGTON DOUGLAS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ISHRAGA ELTAHIR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JOANNE JACKSON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SHANNON MOUTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHANTE SEDWICK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| TRACY SIMPSON | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| VERNON WARE | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR MARK WINSTON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $223,035 | $1,914,538 | $1,451,291 | $-1,691,503 |
| 2023 | $766,587 | $682,932 | $3,143,039 | $83,655 |
| 2022 | $1,859,125 | $272,941 | $3,011,405 | $1,586,184 |
| 2021 | $1,426,877 | $70,838 | $1,412,428 | $1,356,039 |
Compare PRINCE GEORGE'S COUNTY MEMORIAL LIBRARY SYSTEM FOUNDATION INC with other nonprofits in Maryland and across the country.