Any bona fide nonprofit service organization which operates within the confines of Montgomery County may apply to the chief administrative officer for financial assistance where such organization demonstrates to his satisfaction that:
(a) The organization provides services deemed to be of a critical nature for citizens of Montgomery County which might otherwise be provided in part or in whole by the county government;
(b) Financial assistance is necessary to ensure the continued operation of the subject organization;
(c) No similar organization exists in Montgomery County which would provide similar service for the same clientele should the organization cease to exist and it can demonstrate that it has made a good faith effort, which has been unsuccessful, to obtain other sources of funding; and
(d) That it has submitted a financial recovery plan which does not require additional financial assistance from the county government.
The chief administrative officer, at his discretion, may conduct a public hearing in order to receive information relative to his determination. (1980 L.M.C., ch. 8, § 1.)