Sparrows Point NP Historical Society

EIN: 824544231 501(c)(3) Arts, Culture & Humanities

Sparrows Point, MD

Total Revenue
$268,173
Total Expenses
$277,361
Total Assets
$10,386
Net Assets
$10,386
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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
2018
Legal Domicile
MD
Principal Officer
Keith Taylor
Phone
4109134161
Tax Period
2025-01-01 to 2025-12-31

Sparrows Point NP Historical Society, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $268K in total revenue in fiscal year 2025. Revenue surged 210% from the prior year, signaling strong growth momentum.

Mission

Providing educational benefits to the community. Collect, preserve, and interpret history of Sparrows Point/North Point

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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 (2025)

Revenue Breakdown

Contributions & Grants $268,173
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $268,173

Expense Breakdown

Grants Paid $305
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $276,552
Other Expenses $277,056
TOTAL EXPENSES $277,361

Year-over-Year Comparison

2025 2024 Change
Revenue $268,173 $86,378 +2.1%
Expenses $277,361 $121,906 +1.3%
Net Income $-9,188 $-35,528 -0.7%
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
5
Independent Members
3
Employees
N/A
Volunteers
50

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Keith Taylor President 035.00
Officer Director
$0 $0 $0
Shawn Iacovelli Vice President 015.00
Officer Director
$0 $0 $0
Dave Martin Secretary 001.00
Officer Director
$0 $0 $0
Mary Jo Iacovelli Ladies Director 002.00
Officer 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 $268,173 $277,361 $10,386 $-9,188
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