Methuen, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Nevins Memorial, founded in 1985, is a community nonprofit that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring. Net assets of $6.8M represent 51 months of operating reserves.
Sponsor reading, litercy and cultural activities for all ages and provide computer access.
Collaborate with the Methuen Public Schools to enhance the experience of reading for all Methuen children and to provied an array of choices for students and adults through book and author series
To remain in its technology offerings by purchasing and uodating of hardware and software to ensure the capacity to satisfy the demnds of technological dvancement
Collaborate with the Methuen Schools nd other organizations to enhance literacy for all Methuen residents
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 | $1,586,374 | $3,594,609 | -0.6% |
| Expenses | $1,610,536 | $1,658,594 | 0.0% |
| Net Income | $-24,162 | $1,936,015 | -1.0% |
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 |
|---|---|---|---|---|---|---|
| Krista McLeod | Director | 45.00 |
Officer
Director
|
$104,339 | $0 | $104,339 |
| Raplh Prolman | Chairman | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Arthur Broadhurst | Vice Chairman | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Priscilla Cubelli | Treasurer | 7.00 |
Officer
Director
|
$0 | $0 | $0 |
| Christine Touma Conway | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Mary Beth Donovan-Grassi | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| William Fitzgerald | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Dennis DiZoglio | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,586,374 | $1,610,536 | $6,782,989 | $-24,162 |
| 2023 | $3,594,609 | $1,658,594 | $6,807,151 | $1,936,015 |
| 2022 | $1,097,104 | $1,539,571 | $4,871,136 | $-442,467 |
| 2021 | $1,503,528 | $1,459,220 | $5,313,603 | $44,308 |
| 2020 | $1,861,385 | $1,682,134 | $5,269,295 | $179,251 |
| 2019 | $1,174,476 | $1,643,933 | $5,090,044 | $-469,457 |
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