Maryland Matters Inc (EIN 830949175) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Phone

2024199119

Tax Period

2022-01-01 to 2022-12-31

Maryland Matters Inc, founded in 2018, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $100K in total revenue in fiscal year 2022. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $326K exceeded revenue, resulting in a 226% operating deficit.

Mission

Maryland Matters was an independent, non-profit, and non-partisan news site dedicated to reporting on critical developments in Maryland, particularly concerning the government and the public.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $99,416

Program Service Revenue $0

Investment Income $0

Other Revenue $465

TOTAL REVENUE $99,881

Expense Breakdown

Grants Paid $0

Salaries & Benefits $273,441

Fundraising Expenses $25,200

Program Expenses $77,899

Other Expenses $52,082

TOTAL EXPENSES $325,523

Year-over-Year Comparison

	2022	2021	Change
Revenue	$99,881	$653,977	-0.8%
Expenses	$325,523	$664,148	-0.5%
Net Income	$-225,642	$-10,171	+21.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

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

$60,500

Total Directors

$60,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joshua Kurtz	Founding Editor, Secretary	80.00	Officer Director	$60,500	$0	$60,500
Margaret Thale	Publisher	75.00		$50,400	$0	$50,400
Louis Peck	Cofounder, Treasurer	4.00	Officer Director	$0	$0	$0
Leonard Lucchi	Director	2.00	Director	$0	$0	$0
Sebastian Johnson	Director	2.00	Director	$0	$0	$0
Charly Carter	Director	2.00	Director	$0	$0	$0
Terrell Boston Smith	Director	2.00	Director	$0	$0	$0
Adrianne Flynn	President	4.00	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
2022	$99,881	$325,523	No data	$-225,642
2021	$653,977	$664,148	$225,642	$-10,171
2020	$639,474	$587,283	$235,813	$52,191
2019	$333,916	$150,294	$183,622	$183,622

Maryland Matters Inc