FRIENDS OF THE GUILFORD FREE LIBRARY (EIN 061293236) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Tax Period

2023-12-01 to 2024-11-30

FRIENDS OF THE GUILFORD FREE LIBRARY, founded in 1966, is a small nonprofit in the Education sector that reported $145K in total revenue in fiscal year 2023. Expenses of $181K exceeded revenue, resulting in a 25% operating deficit.

Mission

TO RAISE MONEY FOR THE GUILFORD TOWN LIBRARY

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $145,121

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $145,121

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $181,392

Other Expenses $181,392

TOTAL EXPENSES $181,392

Year-over-Year Comparison

	2023	2022	Change
Revenue	$145,121	$145,122	0.0%
Expenses	$181,392	$181,392	N/A
Net Income	$-36,271	$-36,270	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
JUDY HAGGARTY	ASSISTANT TREASURER	10.00	Officer	$0	$0	$0
CHRIS BEKASI	VICE PRESIDENT	10.00	Officer	$0	$0	$0
ROBERT MCCOOLE	DIRECTORS	10.00	Officer	$0	$0	$0
LYNNE COTE	PRESIDENT	10.00	Officer	$0	$0	$0
MARCY CRIMMINS	TREASURER	10.00	Officer	$0	$0	$0
LORRI YOUNG	SECRETARY	10.00	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
2024	$145,121	$181,392	$211,547	$-36,271
2023	$149,820	$133,336	$192,395	$16,484
2022	$147,060	$126,734	$175,911	$20,326
2021	$153,006	$103,668	$155,519	$49,338
2020	$109,819	$109,434	$149,118	$385
2019	$145,929	$128,259	$148,733	$17,670
2018	$152,663	$120,081	$131,063	$32,582

FRIENDS OF THE GUILFORD FREE LIBRARY