FRIENDS OF THE MARBLEHEAD PENINSULA BRANCH LIBRARY

EIN: 300153528 501(c)(3) Education

LAKESIDEMARBLEHEAD, OH

Total Revenue
$30,094
Total Expenses
$25,810
Total Assets
$194,909
Net Assets
$194,909
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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
OH
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.

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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%)

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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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
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
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