FRIENDS OF LUNENBURG PUBLIC LIBRARY

🔒

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

1976

Legal Domicile

Principal Officer

JANE CROOK

Phone

9785824140

Tax Period

2023-07-01 to 2024-06-30

FRIENDS OF LUNENBURG PUBLIC LIBRARY, founded in 1976, is a micro nonprofit that reported $52K in total revenue in fiscal year 2023. Revenue surged 35% from the prior year, signaling strong growth momentum. Net assets of $530K represent 122 months of operating reserves.

Mission

TO PROVIDE SUPPORT FOR TOWN LIBRARY PROGRAMS AND PURCHASE NECESSARY ITEMS FOR YOUTH AND CULTURAL EVENTS.

Program Service Accomplishments

Program 1

Expenses: $51,166

SUPPORT OF THE LUNENBURG, MASSACHUSETTS LIBRARY, ITS GOALS AND PROGRAMS

🔒

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 $7,168

Program Service Revenue $13,036

Investment Income $26,622

Other Revenue $5,444

TOTAL REVENUE $52,270

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $613

Program Expenses $51,166

Other Expenses $52,429

TOTAL EXPENSES $52,429

Year-over-Year Comparison

	2023	2022	Change
Revenue	$52,270	$38,730	+0.3%
Expenses	$52,429	$44,599	+0.2%
Net Income	$-159	$-5,869	-1.0%

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

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
JANE CROOK	PRESIDENT	2.00	Officer Director	$0	$0	$0
LYDIA HENSHAW	TREASURER	2.00	Officer Director	$0	$0	$0
JEANNE RABOIN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JANET WINER	SECRETARY	1.00	Officer Director	$0	$0	$0
SUSAN DEMPSEY	DIRECTOR	1.00	Officer	$0	$0	$0
MELODY NEILSEN	DIRECTOR	1.00	Officer	$0	$0	$0
ABIGAIL PERRINE	DIRECTOR	1.00	Officer	$0	$0	$0
ROBIN VENEZIA	DIRECTOR	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	No data	No data	No data	No data
2024	$52,270	$52,429	$529,501	$-159
2023	$38,730	$44,599	$529,660	$-5,869
2022	$54,905	$40,205	$535,529	$14,700
2021	$42,068	$20,269	$653,801	$21,799
2020	$61,033	$28,292	$522,252	$32,741
2019	$75,852	$36,219	$515,926	$39,633