SPARTA, WI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF THE SPARTA FREE LIBRARY, founded in 2012, is a micro nonprofit in the Education sector that reported $41K in total revenue in fiscal year 2025. Revenue fell 78% from the prior year — a significant decline worth monitoring. Expenses of $394K exceeded revenue, resulting in a 868% operating deficit.
TO SUPPORT THE BENEFITS OF THE SPARTA FREE LIBRARY BY ENCOURAGING USE TO THE LIBRARY, PROVIDING VOLUNTEER SERVICES, HOSTING MEETINGS AND WORKSHOPS AND PROVIDING SPECIAL NEEDS.
RAISING CAPITAL FOR THE EXPANSION OF THE SPARTA FREE LIBRARY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $40,704 | $186,965 | -0.8% |
| Expenses | $393,978 | $1,201,673 | -0.7% |
| Net Income | $-353,274 | $-1,014,708 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| TRISH SHECTERLE | PRESIDENT | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| NANCY FRAZEE | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRISTY HEITMAN | SECRETARY | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMY BERNATH | CAMPAIGN COORDINATOR | 2.00 |
Director
|
$0 | $0 | $0 |
| JOHN FRAZEE | COMMITTEE MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| JOHN LA COURSE | COMMITTEE MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| SHERRI LA COURSE | COMMITTEE MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| REINHARD MUELLER | COMMITTEE MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE TRYGGESTAD | LIBRARY DIRECTOR | 3.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $40,704 | $393,978 | $13,421 | $-353,274 |
| 2024 | $186,965 | $1,201,673 | $366,695 | $-1,014,708 |
| 2023 | $199,385 | $105,322 | $1,381,403 | $94,063 |
| 2022 | $39,188 | $105,564 | $1,287,340 | $-66,376 |
| 2021 | $52,647 | $3,831 | $1,353,716 | $48,816 |
| 2020 | $167,444 | $6,494 | $1,304,900 | $160,950 |
| 2019 | $1,130,576 | $16,514 | $1,143,950 | $1,114,062 |
| 2019 | $1,130,576 | $16,514 | $1,143,950 | $1,114,062 |
| 2019 | $1,130,576 | $16,514 | $1,143,950 | $1,114,062 |
Compare FRIENDS OF THE SPARTA FREE LIBRARY with other nonprofits in Wisconsin and across the country.