BALTIMORE PHILATELIC SOCIETY INC (EIN 526055865) - 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

1934

Legal Domicile

Principal Officer

Wai Kit Ng

Phone

4104655112

Tax Period

2025-01-01 to 2025-12-31

BALTIMORE PHILATELIC SOCIETY INC, founded in 1934, is a small nonprofit in the Arts, Culture & Humanities sector that reported $112K in total revenue in fiscal year 2025. Revenue surged 169% from the prior year, signaling strong growth momentum. The organization ran a surplus of $46K, a strong 41% operating margin.

Mission

Promote the hobby of collecting stamps and postal history study, provide library services for research and an educational program for young and new collectors.

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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 (2025)

Revenue Breakdown

Contributions & Grants $3,638

Program Service Revenue $34,701

Investment Income $74,126

Other Revenue $0

TOTAL REVENUE $112,465

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $36,321

Other Expenses $66,879

TOTAL EXPENSES $66,879

Year-over-Year Comparison

	2025	2024	Change
Revenue	$112,465	$41,753	+1.7%
Expenses	$66,879	$75,014	-0.1%
Net Income	$45,586	$-33,261	-2.4%

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
Michael Carski	President	5	Officer Director	$0	$0	$0
Carroll Browne	Vice President	5	Officer Director	$0	$0	$0
Ed Heir	Secretary	5	Officer Director	$0	$0	$0
Wai Kit Ng	Treasurer	5	Officer Director	$0	$0	$0
Barry Casanova	Governor	5	Director	$0	$0	$0
Jim Connolly	Governor	5	Director	$0	$0	$0
Paul DeMinco	Governor	5	Director	$0	$0	$0
Richard Taschenberg	Governor	5	Director	$0	$0	$0
Phillip Sager	Governor	5	Director	$0	$0	$0
John Brandenburg	Governor	5	Director	$0	$0	$0
Adam Wenz	Governor	5	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	$112,465	$66,879	$968,880	$45,586
2024	$41,753	$75,014	$906,023	$-33,261
2023	$41,541	$48,827	$915,331	$-7,286
2022	$36,432	$54,800	$911,061	$-18,368
2021	$39,026	$48,443	$951,065	$-9,417
2020	$15,509	$23,058	$949,426	$-7,549
2019	$40,774	$54,837	$922,875	$-14,063

BALTIMORE PHILATELIC SOCIETY INC