EASTERN SHORE REGIONAL LIBRARY INC (EIN 520808240) - Form 990 Financial Analysis & Trantor Score

🔒

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

1992

Legal Domicile

Principal Officer

LORI MILACH

Phone

4107421537

Tax Period

2023-07-01 to 2024-06-30

EASTERN SHORE REGIONAL LIBRARY INC, founded in 1992, is a community nonprofit in the Education sector that reported $3.6M in total revenue in fiscal year 2023. Expenses of $4.1M exceeded revenue, resulting in a 14% operating deficit.

Mission

REGIONAL RESOURCE CENTER FOR THE PUBLIC LIBRARY SYSTEMS AND OTHER LIBRARIES. PROVIDE BOOKS, INFORMATION TECHNOLOGY, AND OTHER MATERIAL AND SERVICE RESOURCES THAT AN INDIVIDUAL LIBRARY CANNOT PROVIDE ADEQUATELY BY ITSELF.

🔒

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 $3,484,088

Program Service Revenue $0

Investment Income $121,927

Other Revenue $0

TOTAL REVENUE $3,606,015

Expense Breakdown

Grants Paid $639,230

Salaries & Benefits $1,342,008

Fundraising Expenses $0

Program Expenses $3,844,834

Other Expenses $2,130,400

TOTAL EXPENSES $4,111,638

Year-over-Year Comparison

	2023	2022	Change
Revenue	$3,606,015	$3,430,216	+0.1%
Expenses	$4,111,638	$3,210,590	+0.3%
Net Income	$-505,623	$219,626	-3.3%

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

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
ERIN COUNIHAN	DIRECTORS	0.00	Director	$0	$0	$0
ANN SMITH	DIRECTORS	0.00	Director	$0	$0	$0
SUSAN SHERMAN	DIRECTORS	0.00	Director	$0	$0	$0
MAIDA FINCH	PRESIDENT	0.00	Officer Director	$0	$0	$0
KATHLEEN LYONS	VICE - PRESIDENT	0.00	Officer Director	$0	$0	$0
KATHY BURTMAN	DIRECTORS	0.00	Director	$0	$0	$0
SARAH DAHL	DIRECTORS	0.00	Director	$0	$0	$0
DR SARAH GUY	DIRECTORS	0.00	Director	$0	$0	$0
PATRICIA TOMASOVIC	DIRECTORS	0.00	Director	$0	$0	$0
LINDA PROCHASKA	DIRECTORS	0.00	Director	$0	$0	$0
GLORIA URBAN	DIRECTORS	0.00	Director	$0	$0	$0
LORI MILACH	EXECUTIVE DIRECTOR	35.00	Officer	$0	$0	$0
JOHN VENDITTA	FORMER EXECUTIVE DIRECTOR	35.00		$114,083	$0	$114,083

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	$3,606,015	$4,111,638	$3,167,214	$-505,623
2023	$3,430,216	$3,210,590	$2,345,179	$219,626
2022	$3,366,767	$3,208,978	$2,252,181	$157,789
2021	$3,194,732	$3,085,578	$2,053,466	$109,154
2020	$3,063,978	$2,816,705	$1,915,242	$247,273
2019	$2,882,315	$2,741,266	$1,659,863	$141,049

EASTERN SHORE REGIONAL LIBRARY INC