Falmouth, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Falmouth Memorial Library Association, founded in 1944, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2024. Net assets of $4.5M represent 45 months of operating reserves.
To enhance the quality of life of our community by inspiring lifelong learning, providing free and open access to information, and fostering community connections.
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 | $1,201,391 | $1,168,978 | +0.0% |
| Expenses | $1,224,810 | $1,101,654 | +0.1% |
| Net Income | $-23,419 | $67,324 | -1.3% |
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 |
|---|---|---|---|---|---|---|
| Jenna Mayotte | Director | 45.00 |
Officer
Director
|
$96,660 | $21,546 | $118,206 |
| Randy Harding | President | 15.00 |
Officer
Director
|
$0 | $0 | $0 |
| Bill Shain | Vice President | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Vanessa Record | Recording Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Allison Bishop | Treasurer | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Philip Chin | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Julie Fraser | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Steve Knapp | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Laurel McClead | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Elizabeth Orlic | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Sally Scribner | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Ann Phillips Waite | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $1,201,391 | $1,224,810 | $4,598,644 | $-23,419 |
| 2024 | $1,168,978 | $1,101,654 | $4,600,107 | $67,324 |
| 2023 | $1,230,100 | $996,465 | $4,494,676 | $233,635 |
| 2022 | $754,960 | $909,392 | $4,237,276 | $-154,432 |
| 2021 | $887,143 | $779,744 | $4,375,439 | $107,399 |
| 2020 | $701,512 | $580,969 | $8,017,375 | $120,543 |
Compare Falmouth Memorial Library Association with other nonprofits in Maine and across the country.