THE LIBRARY COMPANY OF THE BALTIMORE BAR (EIN 520591622) - Form 990 Financial Analysis & Trantor Score

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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

1905

Legal Domicile

Principal Officer

JOSEPH BENNETT

Phone

4107270280

Tax Period

2023-10-01 to 2024-09-30

THE LIBRARY COMPANY OF THE BALTIMORE BAR, founded in 1905, is a small nonprofit in the Education sector that reported $370K in total revenue in fiscal year 2023. Expenses of $431K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE LIBRARY COMPANY OF BALTIMORE IS A LEGAL RESEARCH LIBRARY FOR JUDGES AND LAWYERS OF THE BALTIMORE BAR. IT IS SUPPORTED PRINCIPALLY BY MEMBERSHIP DUES, APPEARANCE FEES, AND INVESTMENT INCOME. NO UBI.

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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 $28,307

Program Service Revenue $266,487

Investment Income $75,554

Other Revenue $0

TOTAL REVENUE $370,348

Expense Breakdown

Grants Paid $0

Salaries & Benefits $274,568

Fundraising Expenses $0

Other Expenses $156,421

TOTAL EXPENSES $430,989

Year-over-Year Comparison

	2023	2022	Change
Revenue	$370,348	$375,042	0.0%
Expenses	$430,989	$344,974	+0.2%
Net Income	$-60,641	$30,068	-3.0%

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

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
JAMES B ASTRACHAN	DIRECTOR	001.00	Director	$0	$0	$0
N/A	EXECUTIVE DIRECTOR	040.00	Director	$0	$0	$0
HONRABLE ROBERT M BELL	DIRECTOR	001.00	Director	$0	$0	$0
GLENN E BUSHEL ESQUIRE	DIRECTOR	001.00	Director	$0	$0	$0
ANTINIO GIOIA	DIRECTOR	001.00	Director	$0	$0	$0
BRYANT S GREEN ESQUIRE	DIRECTOR	001.00	Director	$0	$0	$0
JOHN HENDERSON ESQUIRE	DIRECTOR	001.00	Director	$0	$0	$0
ROB R HENDRICKSON	DIRECTOR	001.00	Director	$0	$0	$0
HONORABLE ELLEN L HOLLANDER	DIRECTOR	001.00	Director	$0	$0	$0
ELIZABETH L JULIAN	DIRECTOR	001.00	Director	$0	$0	$0
GEORGE W LIEBMAN	DIRECTOR	001.00	Director	$0	$0	$0
BENJAMIN ROSENBERG ESQUIRE	DIRECTOR	001.00	Director	$0	$0	$0
HONORABLE CHARLES E MOYLAN	DIRECTOR	001.00	Director	$0	$0	$0
HOWARD J SCHULMAN	DIRECTOR	001.00	Director	$0	$0	$0
CHRISTOPHER R WEST	DIRECTOR	001.00	Director	$0	$0	$0
HONORABLE MICHAEL REED	DIRECTOR	001.00	Director	$0	$0	$0
HONORABLE KEVIN F AUTHUR	DIRECTOR	001.00	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
2024	$370,348	$430,989	$2,107,697	$-60,641
2023	$375,042	$344,974	$1,795,778	$30,068
2022	$376,132	$341,990	$1,607,856	$34,142
2021	$378,128	$375,350	$2,028,449	$2,778
2020	$491,771	$438,648	$1,692,097	$53,123
2019	$565,367	$524,867	$1,604,100	$40,500
2018	$545,114	$602,072	$1,563,750	$-56,958

THE LIBRARY COMPANY OF THE BALTIMORE BAR