Friends of the Cherry Hill Free Pu… - 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

1991

Legal Domicile

Phone

8564140778

Tax Period

2025-01-01 to 2025-12-31

Friends of the Cherry Hill Free Public Library Inc, founded in 1991, is a micro nonprofit that reported $60K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. Net assets of $532K represent 106 months of operating reserves.

Mission

Raise funds for the Cherry Hill Library

Program Service Accomplishments

Program 1

Expenses: $60,927 Revenue: $60,413

To provide funds to the Cherry Hill library in order to purchase books and various equipment to benefit members of the Cherry Hill community

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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 (2025)

Revenue Breakdown

Contributions & Grants $8,353

Program Service Revenue $0

Investment Income $0

Other Revenue $52,060

TOTAL REVENUE $60,413

Expense Breakdown

Grants Paid $60,927

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $60,927

Other Expenses $4,391

TOTAL EXPENSES $65,318

Year-over-Year Comparison

	2025	2024	Change
Revenue	$60,413	$64,983	-0.1%
Expenses	$65,318	$41,875	+0.6%
Net Income	$-4,905	$23,108	-1.2%

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

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
Walter Wedzielewski	Treasurer	1.00	Officer	$0	$0	$0
Marlyn Kalitan	President	1.00	Officer	$0	$0	$0
Georgia Panagore	Secretary	0.50	Officer	$0	$0	$0
Ira Smith	Vice President	1.00	Officer	$0	$0	$0
Victoria Mena	Membership	1.00	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
2025	$60,413	$65,318	$532,498	$-4,905
2024	No data	No data	No data	No data
2023	$47,045	$38,248	$477,548	$8,797
2022	$41,591	$34,440	$449,791	$7,151
2021	$22,202	$23,342	$445,637	$-1,140
2020	$4,052	$24,719	$446,777	$-20,667
2019	$67,469	$59,959	$467,444	$7,510
2018	$51,481	$52,779	$459,934	$-1,298

Friends of the Cherry Hill Free Public Library Inc