FREDERICK, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FREDERICK BOOK ARTS CENTER INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $220K in total revenue in fiscal year 2023. Revenue decreased 10% compared to the prior year. Expenses of $258K exceeded revenue, resulting in a 17% operating deficit.
THE FREDERICK BOOK ARTS CENTER IS A 501(C)(3) NON-PROFIT ORGANIZATION ART CENTER. WE OPENED OUR DOORS FOR CLASSES TO HELP THE THRIVING ARTIST AND HOBBYIST COMMUNITY IN GREATER FREDERICK. WE SERVE OUR COMMUNITY THROUGH A VARIETY OF WAYS; WE OFFER HIGH-QUALITY CLASSES TAUGHT BY LOCAL AND VISITING ARTISTS AT PRICES MAINLY TO COVER MATERIAL-COST, WE OFFER A RETAIL SPACE FOR EXPERIENCED AND FLEDGLING ARTISTS TO SELL THEIR ART, WE RENT OUT WORKSPACE AND EQUIPMENT FOR ART THAT WOULD OTHERWISE BE INACCESSIBLE, WE OFFER LOW-COST OR NO-COST CLASSES TO REACH LOW INCOME MEMBERS OF THE COMMUNITY, AND SERVE TO EDUCATE THE GREATER FREDERICK COMMUNITY ABOUT BOOK ARTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $220,174 | $243,945 | -0.1% |
| Expenses | $257,678 | $265,050 | 0.0% |
| Net Income | $-37,504 | $-21,105 | +0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOHNNY CARRERA | CEO & BOARD MEMBER | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| SARA FRIEDMAN | CFO & BOARD PRES. | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| LEE NEWMAN | BOARD TREASURER | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| GREG WILSON | BOARD SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUZANNE GROBBEL | BOARD VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALBERT B BARNHART JR | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| PIERRE BOWINS | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $220,174 | $257,678 | $101,322 | $-37,504 |
| 2022 | $243,945 | $265,050 | $161,321 | $-21,105 |
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