FRIENDS OF FROST FREE LIBRARY C/O HOGANCAMP PC (EIN 743251015) - 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

2012

Legal Domicile

Principal Officer

JOELLEN SWITZER

Phone

6038764479

Tax Period

2022-01-01 to 2022-12-31

FRIENDS OF FROST FREE LIBRARY C/O HOGANCAMP PC, founded in 2012, is a micro nonprofit in the Education sector that reported $15K in total revenue in fiscal year 2022. Revenue fell 79% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $10K, a strong 69% operating margin.

Mission

PROVIDE CHARITABLE AND EDUCATIONAL SUPPORT FOR THE SERVICES AND PROGRAMS THAT STRENGTHEN FAMILY AND COMMUNITY VALUES OFFERED AT THE FROST FREE 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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $14,307

Program Service Revenue $0

Investment Income $533

Other Revenue $0

TOTAL REVENUE $14,840

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,000

Other Expenses $4,593

TOTAL EXPENSES $4,593

Year-over-Year Comparison

	2022	2021	Change
Revenue	$14,840	$70,032	-0.8%
Expenses	$4,593	$436,872	-1.0%
Net Income	$10,247	$-366,840	-1.0%

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	Role	Reportable Comp	Other Comp	Total
MAIDLI HILL	AT LARGE DIRECTOR	Director	$0	$0	$0
JOAN AMES	AT LARGE DIRECTOR	Director	$0	$0	$0
KRISTEN READEL	EX-OFFICIO	Director	$0	$0	$0
JOELLEN SWITZER	PRESIDENT	Officer	$0	$0	$0
DEB REYNOLDS	VICE PRESIDENT	Officer	$0	$0	$0
JAYNE BIRON	SECRETARY	Officer	$0	$0	$0
JACKIE LEAHY	TREASURER	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
2022	$14,840	$4,593	$381,175	$10,247
2021	$70,032	$436,872	$370,928	$-366,840
2020	$291,680	$10,625	$737,768	$281,055
2019	$234,418	$17,261	$456,713	$217,157
2018	$229,571	$12,553	$239,556	$217,018

FRIENDS OF FROST FREE LIBRARY C/O HOGANCAMP PC