FRIENDS OF ELDREDGE PUBLIC LIBRARY INC (EIN 042739952) - 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

1981

Legal Domicile

Principal Officer

MARY ANN CHAMBERLAIN

Phone

5089455124

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF ELDREDGE PUBLIC LIBRARY INC, founded in 1981, is a small nonprofit that reported $153K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $53K, a strong 35% operating margin.

Mission

TO RAISE FUNDS FOR THE TOWN OF CHATHAM PUBLIC 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 (2024)

Revenue Breakdown

Contributions & Grants $90,189

Program Service Revenue $21,821

Investment Income $40,667

Other Revenue $0

TOTAL REVENUE $152,677

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $84,507

Other Expenses $99,936

TOTAL EXPENSES $99,936

Year-over-Year Comparison

	2024	2023	Change
Revenue	$152,677	$120,538	+0.3%
Expenses	$99,936	$86,151	+0.2%
Net Income	$52,741	$34,387	+0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY ANN CHAMBERLAIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
J SARGENT SLICER	TREASURER	10.00	Officer Director	$0	$0	$0
SHEILA JAMIESON	CLERK	1.00	Officer Director	$0	$0	$0
THOMAS REID	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
AMY ANDREASSON	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT NOONAN	DIRECTOR	1.00	Director	$0	$0	$0
ALICE REED	DIRECTOR	1.00	Director	$0	$0	$0
ANN HOSMER	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA GIBSON	DIRECTOR	1.00	Director	$0	$0	$0
JANET TOENNIESSEN	DIRECTOR	1.00	Director	$0	$0	$0
LYDIA OUELLETTE	DIRECTOR	1.00	Director	$0	$0	$0
MARTHA STEPHENS	DIRECTOR	1.00	Director	$0	$0	$0
ANN WADE	DIRECTOR	1.00	Director	$0	$0	$0
BETTE HAHNER	DIRECTOR	1.00	Director	$0	$0	$0
JOAN CRAIG	DIRECTOR	1.00	Director	$0	$0	$0
KERRY BROWN	DIRECTOR	1.00	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
2025	$152,677	$99,936	$3,951,019	$52,741
2024	$120,538	$86,151	$3,647,782	$34,387
2023	$86,659	$90,220	$3,325,938	$-3,561
2022	$3,240,702	$82,582	$3,141,741	$3,158,120

FRIENDS OF ELDREDGE PUBLIC LIBRARY INC