FRIENDS OF THE WEEKS PUBLIC LIBRARY

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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

Principal Officer

STUART BAUDER

Phone

6037677587

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF THE WEEKS PUBLIC LIBRARY, founded in 2007, is a micro nonprofit in the Education sector that reported $17K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $30K exceeded revenue, resulting in a 70% operating deficit.

Mission

THE ORGANIZATION EXISTS TO SUPPORT THE WEEKS PUBLIC LIBRARY IN GREENLAND, NEW HAMPSHIRE

Program Service Accomplishments

Program 1

Expenses: $24,301

ACTIVITIES TO SUPPORT THE WEEKS PUBLIC LIBRARY IN GREENLAND, NEW HAMPSHIRE

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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 (2023)

Revenue Breakdown

Contributions & Grants $15,072

Program Service Revenue $0

Investment Income $2,281

Other Revenue $0

TOTAL REVENUE $17,353

Expense Breakdown

Grants Paid $16,009

Salaries & Benefits $0

Fundraising Expenses $2,402

Program Expenses $24,301

Other Expenses $13,499

TOTAL EXPENSES $29,508

Year-over-Year Comparison

	2023	2022	Change
Revenue	$17,353	$21,746	-0.2%
Expenses	$29,508	$30,886	0.0%
Net Income	$-12,155	$-9,140	+0.3%

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
DEBRA MIESFELDT	DIRECTOR	1.00	Director	$0	$0	$0
STUART BAUDER	TREASURER	1.00	Officer Director	$0	$0	$0
MARK WILLIS	DIRECTOR	1.00	Director	$0	$0	$0
KAREN JOHNSON	SECRETARY	1.00	Officer Director	$0	$0	$0
DAVID PHREANER	PRESIDENT	1.00	Officer 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
2023	$17,353	$29,508	$79,863	$-12,155
2022	$21,746	$30,886	$92,018	$-9,140
2021	$27,678	$325,882	$101,158	$-298,204
2020	$338,459	$18,278	$399,362	$320,181