FRIENDS OF THE FINDLAY HANCOCK COUNTY PUBLIC LIBRARY INC (EIN 341189089) - 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

1976

Legal Domicile

Principal Officer

PATRICIA MCVETTY

Phone

4194238394

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF THE FINDLAY HANCOCK COUNTY PUBLIC LIBRARY INC, founded in 1976, is a micro nonprofit that reported $90K in total revenue in fiscal year 2023. Revenue fell 66% from the prior year — a significant decline worth monitoring. Expenses of $114K exceeded revenue, resulting in a 27% operating deficit.

Mission

FRIENDS OF THE FINDLAY-HANCOCK COUNTY PUBLIC LIBRARY IS DEDICATED TO SUPPORTING THE LIBRARY AND ITS RELATIONSHIP WITH THE COMMUNITY.

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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 $76,198

Program Service Revenue $13,313

Investment Income $63

Other Revenue $0

TOTAL REVENUE $89,574

Expense Breakdown

Grants Paid $44,753

Salaries & Benefits $10,752

Fundraising Expenses $0

Program Expenses $113,886

Other Expenses $58,381

TOTAL EXPENSES $113,886

Year-over-Year Comparison

	2023	2022	Change
Revenue	$89,574	$264,773	-0.7%
Expenses	$113,886	$101,222	+0.1%
Net Income	$-24,312	$163,551	-1.1%

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

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
ROXANN BAIRD	PRESIDENT	2.00	Officer Director	$0	$0	$0
DAN DELONG	BOARD MEMBER	1.00	Director	$0	$0	$0
BARB DEES	BOARD MEMBER	1.00	Director	$0	$0	$0
KYLE FRISCH	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY HARSHFELD	SECRETARY	2.00	Officer Director	$0	$0	$0
KANE HOLMAN	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
PATRICIA MCVETTY	TREASURER	2.00	Officer Director	$0	$0	$0
MARCIA WALTON	BOARD MEMBER	1.00	Director	$0	$0	$0
MONIKA ZIMMERMAN	BOARD MEMBER	1.00	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
2024	No data	No data	No data	No data
2023	$89,574	$113,886	$225,197	$-24,312
2022	$264,773	$101,222	$242,560	$163,551

FRIENDS OF THE FINDLAY HANCOCK COUNTY PUBLIC LIBRARY INC