FRIENDS OF FORBES LIBRARY INC

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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

2012

Legal Domicile

Principal Officer

Jo Ellen Mackenzie

Phone

3109269665

Tax Period

2025-01-01 to 2025-12-31

FRIENDS OF FORBES LIBRARY INC, founded in 2012, is a small nonprofit in the Education sector that reported $109K in total revenue in fiscal year 2025. Revenue surged 25% from the prior year, signaling strong growth momentum. The organization ran a surplus of $24K, a strong 22% operating margin.

Mission

The organization's mission is to raise funds for Forbes Library in Northampton, MA. The organization solicits donations from the community and puts on fundraising events.

Program Service Accomplishments

Program 1

Expenses: $10,000 Revenue: $0

Purchased books.

Program 2

Expenses: $7,500 Revenue: $0

Funded staff development activities.

Program 3

Expenses: $5,000 Revenue: $0

Funded programming for adults.

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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 (2025)

Revenue Breakdown

Contributions & Grants $36,936

Program Service Revenue $0

Investment Income $44,897

Other Revenue $27,355

TOTAL REVENUE $109,188

Expense Breakdown

Grants Paid $80,994

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $80,994

Other Expenses $4,520

TOTAL EXPENSES $85,514

Year-over-Year Comparison

	2025	2024	Change
Revenue	$109,188	$87,636	+0.2%
Expenses	$85,514	$68,440	+0.2%
Net Income	$23,674	$19,196	+0.2%

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

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
Jo Ellen Mackenzie	President	8	Officer	$0	$0	$0
Jacquie Fraser	Vice-President	5	Officer	$0	$0	$0
Christine Hannon	Secretary	5	Officer	$0	$0	$0
Scott Monroe	Treasurer	5	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
2025	$109,188	$85,514	$720,415	$23,674
2024	$87,636	$68,440	$653,668	$19,196
2023	$69,973	$39,761	$611,512	$30,212
2022	$69,417	$61,839	$517,490	$7,578
2021	$70,278	$49,009	$637,704	$21,269
2020	$63,648	$35,906	$589,035	$27,742