North East, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)McCord Memorial Library Association, founded in 1955, is a small nonprofit that reported $425K in total revenue in fiscal year 2025. Revenue surged 42% from the prior year, signaling strong growth momentum. Net assets of $4.0M represent 112 months of operating reserves.
Dedicated to serving the North East area by assembling, organizing, preserving and making accessible books, materials and evolving technologies to provide stimulation, education and recreation for all citizens.
McCord Memorial Library has served the community of North East for 100 years. It is an independent library located in Erie County, Pennsylvania. It serves a community of approximately 12,000...
McCord Memorial Library has served the community of North East for 100 years. It is an independent library located in Erie County, Pennsylvania. It serves a community of approximately 12,000 inhabitants, of which over 10,000 are active library patrons. Its collection consists of over 45,000 items, including print and non-print items. The Library has a growing collection of audio and video titles, music CD's and computer software items for patron check out. The Library also provides internet access to its patrons free of charge. For its size, McCord maintains an extensive reference collection and a strong local history collection. They sponsor several juvenile story hours per week; do extensive community outreach to local preschools and local public and parochial schools; and provide extensive special juvenile programming to promote literacy. McCord also provides a full calendar of adult programs. They do significant on site and phone reference services; participate in Access PA; and provide countless other services to the residents of the community. McCord is an important, vital and integral member of the North East community, serving a varied clientele of children, students and adults.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $425,109 | $299,951 | +0.4% |
| Expenses | $433,160 | $261,623 | +0.7% |
| Net Income | $-8,051 | $38,328 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Nathan Sellers | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| April Boyd | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Phyllis Hogue | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Bill Beardsley | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kara Haas | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Alli DiGilio | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Richard Bardol | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $425,109 | $433,160 | $3,956,004 | $-8,051 |
| 2024 | $299,951 | $261,623 | $3,799,921 | $38,328 |
| 2023 | $193,976 | $377,612 | $3,669,843 | $-183,636 |
| 2022 | $534,730 | $272,441 | $3,564,420 | $262,289 |
| 2021 | $336,968 | $209,556 | $4,001,009 | $127,412 |
| 2020 | $284,363 | $220,776 | $3,798,256 | $63,587 |
| 2019 | $395,584 | $252,611 | $3,613,268 | $142,973 |
| 2018 | $417,347 | $237,138 | $3,302,059 | $180,209 |
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