Washington, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Washington Library Association, founded in 1992, is a micro nonprofit in the Education sector that reported $68K in total revenue in fiscal year 2023. Revenue surged 441% from the prior year, signaling strong growth momentum. The organization ran a surplus of $28K, a strong 41% operating margin.
To operate the public library in the Town of Washington.
Gibbs Library provides free services to the citizens of Washington and surrounding communities. One important service is access to computers, printers and reliable internet services. In addition to...
Gibbs Library provides free services to the citizens of Washington and surrounding communities. One important service is access to computers, printers and reliable internet services. In addition to an extensive collection of print, audio, video and digital materials, the library sponsors a diverse range of educational and cultural enrichment programs for all ages.
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 | $68,419 | $12,651 | +4.4% |
| Expenses | $40,072 | $50,012 | -0.2% |
| Net Income | $28,347 | $-37,361 | -1.8% |
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 |
|---|---|---|---|---|---|---|
| Kristen Baker | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Beth Connor | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Hazel Kopishke | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Mary Fernandes | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Glenice Skelton | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Neil Gross | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Delphine Sherin | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Julie Madden | Secretary | 3.00 |
Officer
|
$0 | $0 | $0 |
| Kathleen Ocean | Vice President | 3.00 |
Officer
|
$0 | $0 | $0 |
| Susan D'Amore | Treasurer | 1.00 |
Officer
|
$0 | $0 | $0 |
| Chris DeGroff | President | 3.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $68,419 | $40,072 | $630,160 | $28,347 |
| 2022 | $12,651 | $50,012 | $550,962 | $-37,361 |
| 2021 | $104,544 | $38,767 | $680,427 | $65,777 |
| 2020 | $116,093 | $38,073 | $617,784 | $78,020 |
| 2019 | $90,912 | $35,697 | $493,213 | $55,215 |
| 2018 | $64,198 | $36,776 | $411,217 | $27,422 |
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