FRIENDS OF THE NEWTON FREE LIBRARY (EIN 042691337) - Form 990 Financial Analysis & Trantor Score

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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

1980

Legal Domicile

Principal Officer

NANCY GRISSOM

Phone

6172130428

Tax Period

2019-07-01 to 2020-06-30

FRIENDS OF THE NEWTON FREE LIBRARY, founded in 1980, is a small nonprofit in the Education sector that reported $219K in total revenue in fiscal year 2019. Revenue surged 127% from the prior year, signaling strong growth momentum. The organization ran a surplus of $83K, a strong 38% operating margin.

Mission

TO PROMOTE AND SUPPORT THE NEWTON FREE LIBRARY'S PROGRAMS, RESOURCES, FUNCTIONS AND SERVICES AND FURTHER TO INITIATE ACTIVITIES TO ENHANCE COMMUNITY AWARENESS OF LITERARY, ARTISTIC, AND CULTURAL PROGRAMS AT THE LIBRARY.

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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%)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $198,444

Program Service Revenue $21,014

Investment Income $36

Other Revenue $0

TOTAL REVENUE $219,494

Expense Breakdown

Grants Paid $132,286

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $135,496

Other Expenses $3,837

TOTAL EXPENSES $136,123

Year-over-Year Comparison

	2019	2018	Change
Revenue	$219,494	$96,817	+1.3%
Expenses	$136,123	N/A	N/A
Net Income	$83,371	$96,817	-0.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANN BELANGER	DIRECTOR	1.00	Director	$0	$0	$0
RUTH MOLTA COHN	DIRECTOR	1.00	Director	$0	$0	$0
LINDA FENTON	DIRECTOR	1.00	Director	$0	$0	$0
SHEILA LEVITAN	DIRECTOR	1.00	Director	$0	$0	$0
SHARON STOUT	DIRECTOR	1.00	Director	$0	$0	$0
PAULA THIER	DIRECTOR	2.00	Director	$0	$0	$0
NANCY GRISSOM	PRESIDENT	4.00	Officer	$0	$0	$0
NANCY NORTHRUP	VICE PRESIDENT	1.00	Officer	$0	$0	$0
MARJORIE ORR	TREASURER	2.00	Officer	$0	$0	$0
STEPHEN TASSONE	SECRETARY	1.00	Officer	$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
2020	$219,494	$136,123	$128,309	$83,371

FRIENDS OF THE NEWTON FREE LIBRARY