FROSTBURG, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE FROSTBURG MUSEUM ASSN INC, founded in 1977, is a micro nonprofit that reported $28K in total revenue in fiscal year 2023. Revenue fell 67% from the prior year — a significant decline worth monitoring. Expenses of $43K exceeded revenue, resulting in a 53% operating deficit.
THE PURPOSE OF THE ASSOCIATION SHALL BE TO ACQUIRE, DOCUMENT, CATALOGUE, PRESERVE, AND DISPLAY ARTIFACTS AND OTHER ITEMS RELATED TO THE HISTORY OF FROSTBURG, MD
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 | $27,924 | $85,733 | -0.7% |
| Expenses | $42,635 | $57,683 | -0.3% |
| Net Income | $-14,711 | $28,050 | -1.5% |
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 |
|---|---|---|---|---|---|---|
| ELIZABETH ESHL | PRESIDENT | 20 |
Officer
Director
|
$0 | $0 | $0 |
| JOE WILLIAMS | VICE PRESIDENT | 5 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN KIRBY | TREASURER | 20 |
Officer
Director
|
$0 | $0 | $0 |
| FAY STANTON | SECRETARY | 20 |
Officer
Director
|
$0 | $0 | $0 |
| RALPH BENDER | BOARD MEMBER | 5 |
Director
|
$0 | $0 | $0 |
| JEAN MYERS | BOARD MEMBER | 5 |
Director
|
$0 | $0 | $0 |
| BILL DETERMAN | BOARD MEMBER | 5 |
Director
|
$0 | $0 | $0 |
| DEIRDRE ROBERT | BOARD MEMBER | 5 |
Director
|
$0 | $0 | $0 |
| KITTY DAVIS | BOARD MEMBER | 5 |
Director
|
$0 | $0 | $0 |
| TODD LOGSDON | BOARD MEMBER | 5 |
Director
|
$0 | $0 | $0 |
| PAUL DEPALATIS | BOARD MEMBER | 5 |
Director
|
$0 | $0 | $0 |
| POLLA HORN | BOARD MEMBER | 5 |
Director
|
$0 | $0 | $0 |
| JOE KEATING | BOARD MEMBER | 5 |
Director
|
$0 | $0 | $0 |
| MARY JO PRICE | BOARD MEMBER | 5 |
Director
|
$0 | $0 | $0 |
| LIZA ZAKHAROVA | BOARD MEMBER | 5 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $27,924 | $42,635 | $691,353 | $-14,711 |
| 2023 | $85,733 | $57,683 | $703,669 | $28,050 |
| 2022 | $57,971 | $21,121 | $673,429 | $36,850 |
| 2021 | $57,210 | $41,391 | $644,590 | $15,819 |
| 2020 | $138,891 | $55,209 | $624,317 | $83,682 |
Compare THE FROSTBURG MUSEUM ASSN INC with other nonprofits in Maryland and across the country.