THOMAS MEMORIAL LIBRARY FOUNDATION (EIN 270106217) - Form 990 Financial Analysis & Trantor Score

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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

2004

Legal Domicile

Phone

2072391950

Tax Period

2023-01-01 to 2023-06-30

THOMAS MEMORIAL LIBRARY FOUNDATION, founded in 2004, is a micro nonprofit in the Education sector that reported $70K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. The organization ran a surplus of $68K, a strong 97% operating margin.

Mission

To provide funding for the Cape Elizabeth ME town library.

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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 $57,999

Program Service Revenue $0

Investment Income $11,947

Other Revenue $0

TOTAL REVENUE $69,946

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $555

Program Expenses $0

Other Expenses $2,047

TOTAL EXPENSES $2,047

Year-over-Year Comparison

	2023	2022	Change
Revenue	$69,946	$80,744	-0.1%
Expenses	$2,047	$62,416	-1.0%
Net Income	$67,899	$18,328	+2.7%

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

N/A

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
Kristina Justh	Board Member	2.00	Director	$0	$0	$0
Geoffrey Alexander	Board Member	2.00	Director	$0	$0	$0
Gil Brennan	Treasurer	2.00	Officer	$0	$0	$0
Derek Converse	Secretary	2.00	Officer	$0	$0	$0
Gregg Frame	Vice President	2.00	Officer	$0	$0	$0
Kristen Homicz	Board Member	2.00	Director	$0	$0	$0
Lisa Leighton	Board Member	2.00	Director	$0	$0	$0
Jeff Mitchell	Board Member	2.00	Director	$0	$0	$0
Susan Gillis	Board Member	2.00	Director	$0	$0	$0
Tyler Patterson	President	2.00	Officer	$0	$0	$0
KIm Swihart	Board Member	2.00	Director	$0	$0	$0
Michael Moore	Board Member	2.00	Director	$0	$0	$0
Timothy Wannemacher	Board Member	2.00	Director	$0	$0	$0
Bradley Russell	Board Member	2.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$69,946	$2,047	$837,039	$67,899
2022	$80,744	$62,416	$730,053	$18,328
2021	$68,452	$23,471	$841,816	$44,981
2020	$55,413	$24,644	$722,811	$30,769

THOMAS MEMORIAL LIBRARY FOUNDATION