FRIENDS OF THE MARYLAND STATE LIBRARY FOR THE BLIND & PHYSICALLY HANDICAPPE

EIN: 521636874 501(c)(3)

MILLERSVILLE, MD

Total Revenue
$149,663
Total Expenses
$47,904
Total Assets
$1,152,245
Net Assets
$1,152,245
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
MD
Principal Officer
SHARON MANEKI
Phone
4107159596
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF THE MARYLAND STATE LIBRARY FOR THE BLIND & PHYSICALLY HANDICAPPE, founded in 1988, is a small nonprofit that reported $150K in total revenue in fiscal year 2023. Revenue surged 118% from the prior year, signaling strong growth momentum. The organization ran a surplus of $102K, a strong 68% operating margin.

Mission

PUBLIC AWARENESS AND SUPPORT OF LIBRARY FOR THE BLIND AND PHYSICALLY HANDICAPPED.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $106,872
Program Service Revenue $0
Investment Income $42,791
Other Revenue $0
TOTAL REVENUE $149,663

Expense Breakdown

Grants Paid $21,389
Salaries & Benefits $0
Fundraising Expenses $5,052
Program Expenses $27,345
Other Expenses $26,515
TOTAL EXPENSES $47,904

Year-over-Year Comparison

2023 2022 Change
Revenue $149,663 $68,759 +1.2%
Expenses $47,904 $42,241 +0.1%
Net Income $101,759 $26,518 +2.8%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
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
4
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON MANEKI PRESIDENT 5.00
Officer Director
$0 $0 $0
BARBARA CHEADLE VICE PRES. 5.00
Officer Director
$0 $0 $0
MICHAEL DAVIS TREASURER 5.00
Officer Director
$0 $0 $0
ELLEN RINGLEIN SECRETARY 5.00
Officer Director
$0 $0 $0
ELIZABETH COOPER DIRECTOR 1.00
Director
$0 $0 $0
EILEEN LEY DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH SAUNDERS DIRECTOR 1.00
Director
$0 $0 $0
JANET SANFORD DIRECTOR 1.00
Director
$0 $0 $0
JINJUAN FENG DIRECTOR 1.00
Director
$0 $0 $0
JONATHAN LAZAR DIRECTOR 1.00
Director
$0 $0 $0
MELISSA RICCOBONO DIRECTOR 1.00
Director
$0 $0 $0
MONICA LAWSON DIRECTOR 1.00
Director
$0 $0 $0
ROBYN HUGHES DIRECTOR 1.00
Director
$0 $0 $0
DEZMAN JACKSON DIRECTOR 1.00
Director
$0 $0 $0
GARY HAWBAKER 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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $149,663 $47,904 $1,152,245 $101,759
2022 $68,759 $42,241 $958,453 $26,518
2021 $112,347 $52,542 $1,119,044 $59,805
2020 $67,995 $38,398 $1,064,619 $29,597
2019 $62,223 $56,202 $967,021 $6,021
2018 $114,101 $43,513 $869,251 $70,588
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