MILLINOCKET MEMORIAL LIBRARY (EIN 814748516) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

ALAINA DAISEY

Phone

2077237020

Tax Period

2024-01-01 to 2024-12-31

MILLINOCKET MEMORIAL LIBRARY, founded in 2016, is a small nonprofit in the Education sector that reported $589K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $113K, a strong 19% operating margin.

Mission

MILLINOCKET MEMORIAL LIBRARY'S MISSION IS TO ENRICH LIVES , INSPIRE IMAGINATIONS, AND EMPOWER COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $538,945

Program Service Revenue $37,551

Investment Income $12,869

Other Revenue $0

TOTAL REVENUE $589,365

Expense Breakdown

Grants Paid $28,319

Salaries & Benefits $265,063

Fundraising Expenses $44,438

Program Expenses $342,494

Other Expenses $182,882

TOTAL EXPENSES $476,264

Year-over-Year Comparison

	2024	2023	Change
Revenue	$589,365	$519,736	+0.1%
Expenses	$476,264	$459,969	+0.0%
Net Income	$113,101	$59,767	+0.9%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$66,560

Total Directors

$66,560

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DIANA FURUKAWA	LIBRARY DIRECTOR	40.00	Officer Director	$66,560	$0	$66,560
EDWARD GIRSA	PRESIDENT	1.00	Officer Director	$0	$0	$0
JESSICA MASSE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
WENDE SAIRIO	SECRETARY	1.00	Director	$0	$0	$0
ROBERT ADAMS	DIRECTOR	1.00	Director	$0	$0	$0
BENJAMIN BARR	DIRECTOR	1.00	Director	$0	$0	$0
MEGHAN COOPER	DIRECTOR	1.00	Director	$0	$0	$0
KYLE LEATHERS	DIRECTOR	1.00	Director	$0	$0	$0
LAURA MANZO	DIRECTOR	1.00	Director	$0	$0	$0
WALLY PAUL	DIRECTOR	1.00	Director	$0	$0	$0
STEVE SANDERS	DIRECTOR	1.00	Director	$0	$0	$0
MIKE SMITH	DIRECTOR	1.00	Director	$0	$0	$0
NOLAN TANOUS	DIRECTOR	1.00	Director	$0	$0	$0
VERONICA TORRES	DIRECTOR	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	$589,365	$476,264	$1,766,944	$113,101
2023	$519,736	$459,969	$1,706,823	$59,767
2022	$367,742	$410,904	$1,737,151	$-43,162
2021	$434,946	$383,419	$1,593,870	$51,527
2020	$510,022	$239,120	$1,523,619	$270,902
2019	$527,908	$131,295	$1,288,208	$396,613
2018	$694,753	$163,163	$985,070	$531,590

MILLINOCKET MEMORIAL LIBRARY