WALDOBORO PUBLIC LIBRARY (EIN 010329748) - Form 990 Financial Analysis & Trantor Score

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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

1916

Legal Domicile

Principal Officer

MARK ECKERT

Phone

2078324484

Tax Period

2025-01-01 to 2025-12-31

WALDOBORO PUBLIC LIBRARY, founded in 1916, is a small nonprofit in the Education sector that reported $306K in total revenue in fiscal year 2025. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $107K, a strong 35% operating margin.

Mission

OPERATION OF PUBLIC LIBRARY

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $123,908

Program Service Revenue $10,351

Investment Income $159,623

Other Revenue $12,369

TOTAL REVENUE $306,251

Expense Breakdown

Grants Paid $0

Salaries & Benefits $121,162

Fundraising Expenses $6,952

Program Expenses $167,515

Other Expenses $78,378

TOTAL EXPENSES $199,540

Year-over-Year Comparison

	2025	2024	Change
Revenue	$306,251	$283,012	+0.1%
Expenses	$199,540	$187,022	+0.1%
Net Income	$106,711	$95,990	+0.1%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$48,490

Total Directors

$48,490

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK ECKERT	TRUSTEE & PRESIDENT	0.50	Officer Director	$0	$0	$0
CATHRINA SKOV	EXECUTIVE DIRECTOR	32.00	Officer Director	$48,490	$0	$48,490
LAURIE HOWARTH	TRUSTEE & VP	1.00	Officer Director	$0	$0	$0
BAILEY CHARLES	TRUSTEE & SECRETARY	1.00	Officer Director	$0	$0	$0
NANCY HAYDEN	TRUSTEE & TREASURER	1.50	Officer Director	$0	$0	$0
SALLY BUTLER	TRUSTEE	1.50	Director	$0	$0	$0
LEONARD GERMINARA	TRUSTEE	0.50	Director	$0	$0	$0
ANNE KENNEDY	TRUSTEE	1.00	Director	$0	$0	$0
JENNIFER LONG	TRUSTEE	0.50	Director	$0	$0	$0
SUSAN PRICE	TRUSTEE	0.50	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	$306,251	$199,540	$1,735,557	$106,711
2024	No data	No data	No data	No data
2023	$298,475	$179,517	$1,531,555	$118,958
2022	$13,408	$175,868	$1,412,793	$-162,460
2021	$316,289	$160,428	$1,575,736	$155,861
2020	$260,459	$157,484	$1,419,454	$102,975
2019	$293,113	$166,722	$1,316,773	$126,391
2018	$96,353	$163,347	$1,190,313	$-66,994

WALDOBORO PUBLIC LIBRARY