THE FRIENDS OF THE UPTON TOWN LIBR… - Form 990 Financial Data

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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

2007

Legal Domicile

Phone

5083979136

Tax Period

2021-01-01 to 2021-12-31

THE FRIENDS OF THE UPTON TOWN LIBRARY TRUST INC, founded in 2007, is a micro nonprofit in the Education sector that reported $17K in total revenue in fiscal year 2021. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $7K, a strong 41% operating margin.

Mission

The Friends of the Upton Town Library was organized in 2007 to assist the Upton Town Library in its mission to provide support and services to the greater community. The Friends participate and encourage cultural, educational and entertainment programs to help provide funds for Library materials, equipment and services beyond the scope of the Library's operating budget.

Program Service Accomplishments

Program 1

Expenses: $2,994 Revenue: $0

Museum Pass Program - Passes provide discounted entries for 10 parks and museums in MA and RI. Passes are used by more than 400 residents over the course of the year.

Program 2

Expenses: $300 Revenue: $0

Children's Programs - In July/2021 we provided a grant to the Library for a Children's Nature Program.

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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 (2021)

Revenue Breakdown

Contributions & Grants $6,660

Program Service Revenue $0

Investment Income $9,860

Other Revenue $0

TOTAL REVENUE $16,520

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $205

Program Expenses $3,294

Other Expenses $9,784

TOTAL EXPENSES $9,784

Year-over-Year Comparison

	2021	2020	Change
Revenue	$16,520	$9,016	+0.8%
Expenses	$9,784	$3,591	+1.7%
Net Income	$6,736	$5,425	+0.2%

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

N/A

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
Alisa Bernat	President	5	Officer Director	$0	$0	$0
Christine Lazar	Treasurer	10	Officer Director	$0	$0	$0
Sadie Van Buren	Vice President	1	Officer Director	$0	$0	$0
Tara Neal	Clerk	1	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
2021	$16,520	$9,784	$84,119	$6,736
2020	$9,016	$3,626	$77,383	$5,390
2019	$18,743	$6,661	$82,929	$12,082

THE FRIENDS OF THE UPTON TOWN LIBRARY TRUST INC