Belfast, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Belfast Free Library is a small nonprofit in the Education sector that reported $379K in total revenue in fiscal year 2024. The organization ran a surplus of $171K, a strong 45% operating margin.
The Belfast Free Library is dedicated to helping individuals of all ages pursue independent learning by providing access to timely and useful information in all formats.
Books, periodicals and videos were loaned out by the library to its patrons. Purchases for the fiscal year totaled $85,233. Of this total,$5,633 was paid with restricted donations.
The library sponsored several educational programs to benefit both adults and children. The total cost of programs for Fiscal year 2024/2025 was $14,378. Of that total, $100 was paid restricted...
The library sponsored several educational programs to benefit both adults and children. The total cost of programs for Fiscal year 2024/2025 was $14,378. Of that total, $100 was paid restricted donations.
The library completed a project to digitize local newspapers to make more readily available to the community. The cost of this program in FY 2024-2025 was $7,481.97, all of which was paid with a...
The library completed a project to digitize local newspapers to make more readily available to the community. The cost of this program in FY 2024-2025 was $7,481.97, all of which was paid with a restricted donation.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $378,925 | $351,170 | +0.1% |
| Expenses | $208,207 | $312,298 | -0.3% |
| Net Income | $170,718 | $38,872 | +3.4% |
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 |
|---|---|---|---|---|---|---|
| Steve Norman | Executive Direc | 40.00 |
Officer
|
$0 | $8,635 | $92,469 |
| Kay Zegel | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Hadan Kauffman | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sharon Jones | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Dorothy Harvey | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Laura Baker | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $378,925 | $208,207 | $2,315,246 | $170,718 |
| 2024 | $351,170 | $312,298 | $2,128,840 | $38,872 |
| 2023 | $326,637 | $197,156 | $2,068,009 | $129,481 |
| 2022 | $272,501 | $231,334 | $1,922,171 | $41,167 |
| 2022 | $57,919 | $231,334 | $1,922,171 | $-173,415 |
| 2021 | $270,208 | $142,155 | $2,130,128 | $128,053 |
| 2020 | $96,272 | $159,325 | $1,571,204 | $-63,053 |
| 2019 | $119,706 | $148,880 | $1,642,991 | $-29,174 |
| 2018 | $164,238 | $147,084 | $1,619,297 | $17,154 |
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