SALISBURY, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)WICOMICO COUNTY FREE LIBRARY, founded in 1927, is a community nonprofit in the Education sector that reported $3.8M in total revenue in fiscal year 2024. Expenses of $4.4M exceeded revenue, resulting in a 16% operating deficit.
IT IS THE MISSION OF THE WICOMICO COUNTY FREE LIBRARY TO SERVE THE PEOPLE OF WICOMICO COUNTY BY SUPPORTING EDUCATION, ENRICHING LIVES, AND BUILDING COMMUNITY.
SERVES PATRONS OF WICOMICO COUNTY AND OTHER LOWER SHORE COUNTIES IN MARYLAND BY PROVIDING FREE ACCESS TO BOOKS, AUDIO-VISUAL MATERIALS, INTERNET ACCESS, BOOKMOBILE SERVICES, CHILDREN'S PROGRAMS, AND...
SERVES PATRONS OF WICOMICO COUNTY AND OTHER LOWER SHORE COUNTIES IN MARYLAND BY PROVIDING FREE ACCESS TO BOOKS, AUDIO-VISUAL MATERIALS, INTERNET ACCESS, BOOKMOBILE SERVICES, CHILDREN'S PROGRAMS, AND OTHER SERVICES.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $3,761,649 | $3,687,800 | +0.0% |
| Expenses | $4,361,624 | $3,375,408 | +0.3% |
| Net Income | $-599,975 | $312,392 | -2.9% |
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 |
|---|---|---|---|---|---|---|
| SETH HERSHBERGER | EXECUTIVE DIRECTOR | 40.00 |
Officer
Director
|
$119,955 | $22,530 | $142,485 |
| CHARLES DASHIELL ESQ | CHAIRPERSON | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRIAN BERGEN-AURAND | VICE-CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MICHELE CANOPII | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| PATTIE TINGLE | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| AUDREY ORR | IMMEDIATE PAST CHAIR | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| MAIDA FINCH PHD | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| FARAH YAHYA | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| MICHELE SCHLEHOFER PHD | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN T CANNON | REPRESENTATIVE AT LARGE - | 2.00 |
Director
|
$0 | $0 | $0 |
| MICHELE GREGORY | CITY COUNCIL REPRESENTATIV | 2.00 |
Director
|
$0 | $0 | $0 |
| FREDDIE L MITCHELL | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| DR MARIE BERNADETTE FOUCHE | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| CHELSYE PHILLIPS-HUTTON | TRUSTEE | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $3,761,649 | $4,361,624 | $4,401,971 | $-599,975 |
| 2024 | $3,687,800 | $3,375,408 | $4,332,540 | $312,392 |
| 2023 | $3,288,309 | $3,346,674 | $3,929,449 | $-58,365 |
| 2022 | $3,405,166 | $3,550,214 | $3,745,578 | $-145,048 |
| 2021 | $3,096,610 | $2,790,745 | $3,272,604 | $305,865 |
| 2020 | $3,239,612 | $2,788,339 | $2,849,684 | $451,273 |
| 2019 | $3,149,174 | $2,878,917 | $2,439,868 | $270,257 |
Compare WICOMICO COUNTY FREE LIBRARY with other nonprofits in Maryland and across the country.