Gordon-Nash Library

EIN: 020222137 501(c)(3)

New Hampton, NH

Total Revenue
$180,077
Total Expenses
$201,421
Total Assets
$1,336,770
Net Assets
$1,330,433
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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
1905
Legal Domicile
NH
Principal Officer
Robert Hammond
Tax Period
2019-01-01 to 2019-12-31

Gordon-Nash Library, founded in 1905, is a small nonprofit that reported $180K in total revenue in fiscal year 2019. Revenue surged 133% from the prior year, signaling strong growth momentum. Expenses of $201K exceeded revenue, resulting in a 12% operating deficit.

Mission

Private non-profit library serving the public

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $17,918
Program Service Revenue $3,125
Investment Income $159,034
Other Revenue $0
TOTAL REVENUE $180,077

Expense Breakdown

Grants Paid $0
Salaries & Benefits $127,109
Fundraising Expenses $0
Program Expenses $171,416
Other Expenses $74,312
TOTAL EXPENSES $201,421

Year-over-Year Comparison

2019 2018 Change
Revenue $180,077 $77,301 +1.3%
Expenses $201,421 $172,835 +0.2%
Net Income $-21,344 $-95,534 -0.8%
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

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Governance

Voting Members
15
Independent Members
15
Employees
11
Volunteers
N/A

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
5
$3,000
Total Directors
14
$56,123
Key Employees
1
$56,123
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Cathy Vincevic Librarian 035.00
Director Key Emp Highest
$54,445 $1,678 $56,123
Jean Lawrie Treasurer 005.00
Officer
$3,000 $0 $3,000
Robert Hammond Pres, Exec Com 001.00
Officer Director
$0 $0 $0
Michael Dowal Secretary, Exec Com 001.00
Officer Director
$0 $0 $0
Mark Denoncour Exec Com 001.00
Officer Director
$0 $0 $0
Paul Gatehouse Exec Com 001.00
Officer Director
$0 $0 $0
Mary Merrill Member 001.00
Director
$0 $0 $0
Joe Williams Member 001.00
Director
$0 $0 $0
Nora Foster Member 001.00
Director
$0 $0 $0
Jessie Ahlgren Member 001.00
Director
$0 $0 $0
Amy MacDonald Member 001.00
Director
$0 $0 $0
Rebecca Moore Lougee Member 001.00
Director
$0 $0 $0
Ellen Curran-Kondrad Member 001.00
Director
$0 $0 $0
Ruth Gulick Executive Com 001.00
Director
$0 $0 $0
Gary Farkes Member 001.00
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
2019 $180,077 $201,421 $1,336,770 $-21,344
2018 $77,301 $172,835 $1,351,983 $-95,534
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