Swans Island, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Swans Island Educational Society, founded in 1972, is a micro nonprofit that reported $81K in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year. Expenses of $102K exceeded revenue, resulting in a 26% operating deficit.
To provide a free-lending library, educational programming, access to high speed internet service and historical collections, and to serve as a space for art shows and as a meeting place for the community of Swan's Island. We are a safe heated location for all island residents in case of emergency.
Library collections - As part of the library services, providing an updated and current book (paper and digital) selections for library patrons is a key requirement. Public access computing and...
Library collections - As part of the library services, providing an updated and current book (paper and digital) selections for library patrons is a key requirement. Public access computing and technology - Another service provided to library patrons is the use of computers for personal and professional use. This includes the ability to access online material and the use of new and current technology.Programming - Part of ongoing service of educational and entertaining programming for library related topics.
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 | $81,021 | $86,537 | -0.1% |
| Expenses | $102,353 | $101,217 | +0.0% |
| Net Income | $-21,332 | $-14,680 | +0.5% |
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 |
|---|---|---|---|---|---|---|
| Jeanne Hoyle | Executive Dir. | 25.00 |
Officer
Director
|
$21,600 | $0 | $21,600 |
| Siobhan Ryan | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jerry Goto | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Karen Hagopian Draper | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| John Conley | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Wesley Staples | Alt. Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lisa Bamford | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jessica Harrington | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Laurie Farley | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Pamela Macfie | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Carol Petraitis | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nancy Davis | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $81,021 | $102,353 | $902,590 | $-21,332 |
| 2022 | $86,537 | $101,217 | $924,311 | $-14,680 |
| 2021 | $56,857 | $80,462 | $938,090 | $-23,605 |
| 2020 | $70,678 | $83,312 | $961,249 | $-12,634 |
| 2019 | $57,564 | $105,782 | $973,282 | $-48,218 |
| 2018 | $83,189 | $104,180 | $1,020,913 | $-20,991 |
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