MARYLANDONLINE INC (EIN 522214770) - Form 990 Financial Analysis & Trantor Score

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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

1999

Legal Domicile

Principal Officer

WENDY GILBERT

Phone

3013460484

Tax Period

2023-01-01 to 2023-12-31

MARYLANDONLINE INC, founded in 1999, is a small nonprofit in the Education sector that reported $153K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $391K exceeded revenue, resulting in a 156% operating deficit.

Mission

AS AN INNOVATIVE CONSORTIUM OF MARYLAND COMMUNITY COLLEGES, COLLEGES, AND UNIVERSITIES, MARYLANDONLINE SERVES MEMBER INSTITUTIONS AS WELL AS DISTANCE LEARNING STUDENTS AND PROFESSIONALS WORLDWIDE BY PROVIDING LEADING-EDGE PROGRAMS AND SERVICES THAT:-FACILITATE STUDENTS' ACCESS TO HIGH-QUALITY DISTANCE EDUCATION COURSES, CERTIFICATES, AND DEGREE PROGRAMS-PROVIDE PROFESSIONAL DEVELOPMENT OPPORTUNITIES AND RESOURCES FOR FACULTY AND OTHERS CONCERNED WITH ENHANCING AND ASSURING QUALITY IN DISTANCE EDUCATION OFFERINGS-PROMOTE RESEARCH AND ADVANCE PRINCIPLES AND BEST PRACTICES IN E-LEARNING.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $146,120

Investment Income $6,453

Other Revenue $0

TOTAL REVENUE $152,573

Expense Breakdown

Grants Paid $0

Salaries & Benefits $204,867

Fundraising Expenses $0

Program Expenses $240,428

Other Expenses $186,461

TOTAL EXPENSES $391,328

Year-over-Year Comparison

	2023	2022	Change
Revenue	$152,573	$139,383	+0.1%
Expenses	$391,328	$380,664	+0.0%
Net Income	$-238,755	$-241,281	0.0%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$149,934

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CYNTHIA BROWN-LAVEIST	PRESIDENT	3.00	Officer Director	$0	$0	$0
COLLEEN FLEWELLING	VICE-PRESIDENT & SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL MILLS	CHAIR (SEE SCHEDULE O)	3.00	Officer Director	$0	$0	$0
MICHELLE KLOSS	VICE-CHAIR & TREASURER	1.00	Officer Director	$0	$0	$0
COLLEEN EISENBEISER	BOARD DIRECTOR (JAN - JUN)	0.50	Director	$0	$0	$0
BRIAN TERRILL	BOARD DIRECTOR	0.50	Director	$0	$0	$0
CHANDRA GIGLIOTTI	BOARD DIRECTOR	0.50	Director	$0	$0	$0
STEPHEN KABRHEL	BOARD DIRECTOR	0.50	Director	$0	$0	$0
STEPHANIE VEHRS	BOARD DIRECTOR	0.50	Director	$0	$0	$0
VIDDA BEACHE	BOARD DIRECTOR	0.50	Director	$0	$0	$0
MELISSA HARRIS	BOARD DIRECTOR	0.50	Director	$0	$0	$0
MEGAN MYERS	BOARD DIRECTOR (JAN - SEP)	0.50	Director	$0	$0	$0
JULI WHETSTONE	BOARD DIRECTOR	0.50	Director	$0	$0	$0
NADINE EDWARDS	BOARD DIRECTOR	0.50	Director	$0	$0	$0
KIMI LICHTY	BOARD DIRECTOR	0.50	Director	$0	$0	$0
ALI ESKANDARIAN	BOARD DIRECTOR (JAN - JUL)	0.50	Director	$0	$0	$0
RENEE DAVIS	BOARD DIRECTOR (JAN - AUG)	0.50	Director	$0	$0	$0
CARLA ZEIGLER	BOARD DIRECTOR	0.50	Director	$0	$0	$0
JARRETT CARTER	BOARD DIRECTOR	0.50	Director	$0	$0	$0
JENNIFER BOPP	BOARD DIRECTOR (JUL - DEC)	0.50	Director	$0	$0	$0
JESSICA YOUNG	BOARD DIRECTOR (SEP - DEC)	0.50	Director	$0	$0	$0
JAMIE BOURNE	BOARD DIRECTOR (OCT - DEC)	0.50	Director	$0	$0	$0
MERRIE DURMOWICZ	BOARD DIRECTOR (AUG - DEC)	0.50	Director	$0	$0	$0
WENDY GILBERT	EXECUTIVE DIRECTOR	40.00	Officer	$90,906	$3,636	$94,542
JULIE HAMLIN	DIRECTOR	20.00	Officer	$53,262	$2,130	$55,392

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	No data	No data	No data	No data
2023	$152,573	$391,328	$769,929	$-238,755
2022	$139,383	$380,664	$997,680	$-241,281
2021	$164,395	$381,300	$1,289,930	$-216,905
2020	$354,277	$641,337	$480,328	$-287,060
2020	$1,404,277	$641,337	$1,530,328	$762,940
2019	$174,883	$333,786	$733,834	$-158,903
2018	$178,817	$294,648	$852,357	$-115,831

MARYLANDONLINE INC