MARYLAND-DELAWARE-DC PRESS ASSOCIA… - Form 990 Financial Data

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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

1946

Legal Domicile

Principal Officer

REBECCA SNYDER

Phone

4437683281

Tax Period

2023-01-01 to 2023-12-31

MARYLAND-DELAWARE-DC PRESS ASSOCIATION INC, founded in 1946, is a small nonprofit that reported $154K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $178K exceeded revenue, resulting in a 16% operating deficit.

Mission

PROMOTION AND EDUCATION IN THE NEWSPAPER INDUSTRY TO MEET THE NEEDS OF NEWSPAPER MEMBERS, INCLUDING PROFESSIONAL TRAINING AND DEVELOPMENT, LEGISLATIVE REPRESENTATION AND FIRST AMENDMENT ISSUES.

Program Service Accomplishments

Program 1

MEETINGS & EVENTS - THE EDITORIAL AWARDS, ADVERTISING AWARDS, AND THE HALL OF FAME/DISTINGUISHED SERVICE AWARD PROGRAMS ARE MAJOR EVENTS. THROUGHOUT THE YEAR, MDDC HOSTS NETWORKING AND PROFESSIONAL...

Program 2

CONTESTS & INDUSTRY RECOGNITION - ANNUAL EDITORIAL AND ADVERTISING CONTESTS HIGHLIGHT ACHIEVEMENTS BY NEWSPAPER PROFESSIONALS AND PUBLICATIONS THROUGHOUT THE MDDC REGION. MDDC'S HALL OF FAME...

CONTESTS & INDUSTRY RECOGNITION - ANNUAL EDITORIAL AND ADVERTISING CONTESTS HIGHLIGHT ACHIEVEMENTS BY NEWSPAPER PROFESSIONALS AND PUBLICATIONS THROUGHOUT THE MDDC REGION. MDDC'S HALL OF FAME HIGHLIGHTS INDIVIDUALS' CONTRIBUTIONS TO THE INDUSTRY, WHILE THE DISTINGUISHED SERVICE AWARD FOCUSES ON SERVICE TO THE ASSOCIATION.

Program 3

THE PRESS ASSOCIATION ADVOCATES FOR ITS MEMBERS AND THE INDUSTRY IN MARYLAND, DELAWARE AND DC THROUGH LOBBYING ACTIVITIES IN AREAS THAT WILL HELP PRESERVE THE NEWSPAPER INDUSTRY.

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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 $84,053

Program Service Revenue $33,825

Investment Income $36,114

Other Revenue $172

TOTAL REVENUE $154,164

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $178,248

TOTAL EXPENSES $178,248

Year-over-Year Comparison

	2023	2022	Change
Revenue	$154,164	$124,663	+0.2%
Expenses	$178,248	$130,067	+0.4%
Net Income	$-24,084	$-5,404	+3.5%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENISE ROLARK BARNES	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
MIKE FEELEY	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
CHRIS RAUSCH	TREASURER	1.00	Officer Director	$0	$0	$0
LEN LAZARICK	PAST PRESIDE	1.00	Director	$0	$0	$0
JOY BRAMBLE	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK BRANNAN	DIRECTOR	1.00	Director	$0	$0	$0
AMY DOTSON NEWTON	DIRECTOR	1.00	Director	$0	$0	$0
DAWN FRIEDMAN	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS GUNTY	DIRECTOR	1.00	Director	$0	$0	$0
LENORA HOWZE	DIRECTOR	1.00	Director	$0	$0	$0
KONRAD LAPRADE	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN LYONS	DIRECTOR	1.00	Director	$0	$0	$0
JAMES A MCLAUGHLIN	DIRECTOR	1.00	Director	$0	$0	$0
JIM NORMANDIN	DIRECTOR	1.00	Director	$0	$0	$0
ANDY SCHOTZ	DIRECTOR	1.00	Director	$0	$0	$0
ANNE TALLENT	DIRECTOR	1.00	Director	$0	$0	$0
TIM THOMAS	DIRECTOR	1.00	Director	$0	$0	$0
GEORDIE WILSON	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA SNYDER	EXECUTIVE DI	20.00	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
2024	No data	No data	No data	No data
2023	$154,164	$178,248	$486,750	$-24,084
2022	$124,663	$130,067	$471,887	$-5,404
2021	$118,458	$62,421	$557,054	$56,037
2020	$149,482	$278,242	$570,725	$-128,760
2019	$159,476	$152,289	$512,231	$7,187
2018	$200,896	$156,709	$529,432	$44,187

MARYLAND-DELAWARE-DC PRESS ASSOCIATION INC