FRIENDS OF THE MARBLEHEAD PENINSUL… - 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

2002

Legal Domicile

Principal Officer

LORRAINE M HALBLAUB

Tax Period

2018-01-01 to 2018-12-31

FRIENDS OF THE MARBLEHEAD PENINSULA BRANCH LIBRARY, founded in 2002, is a micro nonprofit in the Education sector that reported $30K in total revenue in fiscal year 2018. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $26K left a modest 14% surplus.

Mission

TO RAISE FUNDS AND PUBLIC AWARENESS IN THE MARBLEHEAD PENINSULA COMMUNITY TO SUPPORT THE SERVICES AND PROGRAMS OF THE MARBLEHEAD PENINSULA BRANCH LIBRARY.

Program Service Accomplishments

Program 1

Expenses: $7,495

DONATED BOOKS TO LOCAL PRESCHOOL MONETARY AND MADE CONTRIBUTIONS TO MARBLEHEAD PENINSULA BRANCH LIBRARY FOR PROGRAMMING.

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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 (2018)

Revenue Breakdown

Contributions & Grants $4,302

Program Service Revenue $0

Investment Income $28,919

Other Revenue $-3,127

TOTAL REVENUE $30,094

Expense Breakdown

Grants Paid $7,495

Salaries & Benefits $0

Fundraising Expenses $529

Program Expenses $7,495

Other Expenses $18,315

TOTAL EXPENSES $25,810

Year-over-Year Comparison

	2018	2017	Change
Revenue	$30,094	$156,364	-0.8%
Expenses	$25,810	$89,383	-0.7%
Net Income	$4,284	$66,981	-0.9%

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
LORRAINE M HALBLAUB	PRESIDENT/TR	2.00	Officer	$0	$0	$0
MAUREEN KENNEDY	VICE PRESIDE	1.00	Officer	$0	$0	$0
SUSAN HARTMAN	SECRETARY	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
2018	$30,094	$25,810	$194,909	$4,284

FRIENDS OF THE MARBLEHEAD PENINSULA BRANCH LIBRARY