MAGOTHY COOPERATIVE PRESCHOOL INC

EIN: 520980567 501(c)(3)

Pasadena, MD

Total Revenue
$229,139
Total Expenses
$192,071
Total Assets
$267,535
Net Assets
$239,816
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
MD
Principal Officer
LINDSAY MCDERMOTT
Tax Period
2023-07-01 to 2024-06-30

MAGOTHY COOPERATIVE PRESCHOOL INC, founded in 1973, is a small nonprofit that reported $229K in total revenue in fiscal year 2023. The organization ran a surplus of $37K, a strong 16% operating margin.

Mission

TO PREPARE STUDENTS FOR KINDERGARTEN, BY INSTILLING A LOVE OF LEARNING & A RESPECT FOR NATURE

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $40,534
Program Service Revenue $181,983
Investment Income $86
Other Revenue $6,536
TOTAL REVENUE $229,139

Expense Breakdown

Grants Paid $0
Salaries & Benefits $164,694
Fundraising Expenses $0
Program Expenses $192,071
Other Expenses $27,377
TOTAL EXPENSES $192,071

Year-over-Year Comparison

2023 2022 Change
Revenue $229,139 $219,615 +0.0%
Expenses $192,071 $201,440 0.0%
Net Income $37,068 $18,175 +1.0%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
9
Volunteers
20

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
2
$0
Total Directors
1
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JESSICA MEYERS TREASURER 3.00
Director
$0 $0 $0
LINDSAY MCDERMOTT EDUCATION DIRECTOR 0.00
Officer Key Emp
$0 $0 $0
KAREN BROWNE PRESIDENT 0.00
Officer
$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 No data No data No data No data
2024 $229,139 $192,071 $267,535 $37,068
2023 $219,615 $201,440 $229,799 $18,175
2022 $238,203 $198,971 $207,139 $39,232
2019 $201,988 $182,560 $119,814 $19,428
2018 $194,995 $186,343 $100,386 $8,652
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MAGOTHY COOPERATIVE PRESCHOOL INC with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.