Millis, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF THE MILLIS LIBRARY, founded in 1983, is a micro nonprofit in the Education sector that reported $22K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion.
Extend and support services of the Millis Public Library.
Author, Music and Poetry Events. Throughout the calendar year, the Friends help support Library programming for all library patrons, including guest speakers and performers. This benefits all library...
Author, Music and Poetry Events. Throughout the calendar year, the Friends help support Library programming for all library patrons, including guest speakers and performers. This benefits all library patrons by promoting arts and cultural events free of charge. Approximately 5,000 patrons benefit from these programs.
The purchase of library passes and discount programs. This benefits all library patrons by allowing patrons to use the pass for access to area museums and cultural centers. Approximately 5,000...
The purchase of library passes and discount programs. This benefits all library patrons by allowing patrons to use the pass for access to area museums and cultural centers. Approximately 5,000 patrons use the passes annually.
Provision of a college scholarship to a high school graduate residing in Millis that intends to pursue higher education in library sciences.
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 | $22,410 | $19,963 | +0.1% |
| Expenses | $22,164 | $20,672 | +0.1% |
| Net Income | $246 | $-709 | -1.3% |
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 |
|---|---|---|---|---|---|---|
| Meghan Gavaghan | Treasurer | 4 |
Officer
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$0 | $0 | $0 |
| Arthur Payne | Vice President | 2 |
Officer
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$0 | $0 | $0 |
| Sandra Elaine Scott | President | 4 |
Officer
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$0 | $0 | $0 |
| Julie Ackley | Recording Secretary | 1 |
Officer
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$0 | $0 | $0 |
| Jane Hardin | Corresponding Secretary | 1 |
Officer
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $22,410 | $22,164 | $20,182 | $246 |
| 2024 | $19,963 | $20,672 | $19,936 | $-709 |
| 2023 | $23,115 | $15,377 | $20,645 | $7,738 |
Compare FRIENDS OF THE MILLIS LIBRARY with other nonprofits in Massachusetts and across the country.