FRIENDS OF THE ASHLAND PUBLIC LIBRARY INC

EIN: 043515528 501(c)(3) Education

Ashland, MA

Total Revenue
$22,563
Total Expenses
$23,000
Total Assets
$82,653
Net Assets
$82,653
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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
1990
Legal Domicile
MA
Principal Officer
Kelly Battles
Phone
5088810134
Tax Period
2021-05-01 to 2022-04-30

FRIENDS OF THE ASHLAND PUBLIC LIBRARY INC, founded in 1990, is a micro nonprofit in the Education sector that reported $23K in total revenue in fiscal year 2021. Net assets of $83K represent 44 months of operating reserves.

Mission

The purpose of Friends of the Ashland Public Library is to raise funds, promote programming and support the Ashland 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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $22,494
Program Service Revenue $0
Investment Income $69
Other Revenue $0
TOTAL REVENUE $22,563

Expense Breakdown

Grants Paid $12,757
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $23,000
Other Expenses $10,243
TOTAL EXPENSES $23,000

Year-over-Year Comparison

2021 2020 Change
Revenue $22,563 N/A N/A
Expenses $23,000 N/A N/A
Net Income $-437 $0 N/A
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
6
Independent Members
6
Employees
N/A
Volunteers
8

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
4
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Judith Javidpour Director 2
Director
$0 $0 $0
Janice Poppernick Director 5
Director
$0 $0 $0
Elizabeth M Emberley President 5
Officer
$0 $0 $0
Lisa Wood Vice President 2
Officer
$0 $0 $0
Kathy Goettel Secretary 2
Officer
$0 $0 $0
Kelly Keyser Battles Treasurer 4
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
2022 $22,563 $23,000 $82,653 $-437
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