Bowdoinham, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BOWDOINHAM PUBLIC LIBRARY, founded in 1910, is a micro nonprofit in the Education sector that reported $100K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $48K, a strong 49% operating margin.
To provide and maintain a public library which provides free services to the residents of Bowdoinham (pop. c. 3000), lends books and other media, offers educational and reading programs to children, youth and people of all ages, provides computer access to the public and a workspace for remote workers.
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 | $99,664 | $183,945 | -0.5% |
| Expenses | $51,175 | $75,444 | -0.3% |
| Net Income | $48,489 | $108,501 | -0.6% |
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 |
|---|---|---|---|---|---|---|
| Katherine G Cutko | Library Director | 23 |
Director
Key Emp
Highest
|
$27,183 | $27,183 | $54,366 |
| Sherry Ann Carmichael | Treasurer | 4 |
Officer
|
$2,925 | $2,925 | $5,850 |
| Jacqueline Shea | Treasurer | 2 |
Officer
|
$1,050 | $1,050 | $2,100 |
| Laurie Peavey-Ross | Trustee | 0.25 |
|
$0 | $0 | $0 |
| Kasey Ann Hughes | Trustee | 0.25 |
|
$0 | $0 | $0 |
| Hannah Spinrad | Trustee | 0.25 |
|
$0 | $0 | $0 |
| Stephanie C Hanner | President | 0 |
Officer
|
$0 | $0 | $0 |
| Marla R Blake | Vice President | 0.5 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $99,664 | $51,175 | $710,149 | $48,489 |
| 2024 | No data | No data | No data | No data |
| 2023 | $93,144 | $64,863 | $638,262 | $28,281 |
| 2022 | $116,740 | $50,788 | $608,420 | $65,952 |
Compare BOWDOINHAM PUBLIC LIBRARY with other nonprofits in Maine and across the country.