Hand Papermaking Inc

EIN: 521436849 501(c)(3)

BALTIMORE, MD

Total Revenue
$69,298
Total Expenses
$121,186
Total Assets
$531,816
Net Assets
$531,816
🔒

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
1987
Legal Domicile
MN
Principal Officer
ROSA CHANG
Phone
3478499213
Tax Period
2024-01-01 to 2024-12-31

Hand Papermaking Inc, founded in 1987, is a micro nonprofit that reported $69K in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $121K exceeded revenue, resulting in a 75% operating deficit.

Mission

Advancing traditional and contemporary ideas in the art of hand papermaking through print and online publications and other educational efforts.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $13,293
Program Service Revenue $43,787
Investment Income $12,218
Other Revenue $0
TOTAL REVENUE $69,298

Expense Breakdown

Grants Paid $0
Salaries & Benefits $81,682
Fundraising Expenses $0
Program Expenses $31,517
Other Expenses $39,504
TOTAL EXPENSES $121,186

Year-over-Year Comparison

2024 2023 Change
Revenue $69,298 $187,140 -0.6%
Expenses $121,186 $128,907 -0.1%
Net Income $-51,888 $58,233 -1.9%
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
12
Independent Members
12
Employees
2
Volunteers
15

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
4
$0
Total Directors
11
$7,621
Key Employees
2
$44,288
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROSA CHANG Executive director 40.00
Key Emp Highest
$36,667 $0 $36,667
Marie Bannerot McInerney Chair 3.00
Officer Director
$0 $0 $0
BETSY KNABE ROE ARTIST AND GALLERY OWNER 1.00
Director
$0 $0 $0
Gretchen Schermerhorn VICE CHAIR 1.00
Officer Director
$0 $0 $0
Kazuko Hioki Secretary 1.00
Officer Director
$0 $0 $0
ANNE Q MCKEOWN ARTIST EDUCATOR 1.00
Director
$0 $0 $0
MICHAEL FALLON EXECUTIVE DIRECTOR 40.00
Director Key Emp
$7,621 $0 $7,621
EMILY DUONG TREASURER 1.00
Officer Director
$0 $0 $0
Sanaz Haghani Artist and Educator 1.00
Director
$0 $0 $0
Steph Rue Director 1.00
Director
$0 $0 $0
JERUSHIA GRAHAM Artist and Educator 1.00
Director
$0 $0 $0
Lynn Sures Director 1.00
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 $69,298 $121,186 $531,816 $-51,888
2023 $187,140 $128,907 $505,847 $58,233
2022 $120,454 $125,203 $447,614 $-4,749
2021 $474,868 $108,118 $493,900 $366,750
2020 $130,204 $118,065 $127,150 $12,139
2019 $107,803 $104,960 $97,762 $2,843
Explore More Nonprofits
Top 100 Nonprofits in Maryland Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Hand Papermaking Inc with other nonprofits in Maryland and across the country.