MEREDITH LIBRARY FUND

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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

2018

Legal Domicile

Principal Officer

STEVEN GEER

Phone

6033930863

Tax Period

2022-07-01 to 2023-06-30

MEREDITH LIBRARY FUND, founded in 2018, is a micro nonprofit that reported $1K in total revenue in fiscal year 2022. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $42K exceeded revenue, resulting in a 3088% operating deficit.

Mission

RAISE FUNDS TO DEFRAY TAXPAYER COSTS OF RENOVATING AND EXPANDING THE MEREDITH NH PUBLIC LIBRARY.

Program Service Accomplishments

Program 1

Expenses: $41,306

RAISE FUNDS FOR THE RENOVATION AND EXPANSION OF MEREDITH NH PUBLIC 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 $1,313

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,313

Expense Breakdown

Grants Paid $41,306

Salaries & Benefits $0

Fundraising Expenses $483

Program Expenses $41,306

Other Expenses $558

TOTAL EXPENSES $41,864

Year-over-Year Comparison

	2022	2021	Change
Revenue	$1,313	$10,850	-0.9%
Expenses	$41,864	$754,191	-0.9%
Net Income	$-40,551	$-743,341	-0.9%

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

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
JEFF REILLY	DIRECTOR	001.00	Director	$0	$0	$0
JAIME LAURENT	DIRECTOR	001.00	Director	$0	$0	$0
JAMES MCFARLIN	PRESIDENT	010.00	Officer	$0	$0	$0
STEVEN GEER	TREASURER	001.00	Officer	$0	$0	$0
JANET GULEZIAN	SECRETARY	001.00	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
2023	$1,313	$41,864	No data	$-40,551
2022	$10,850	$754,191	$40,551	$-743,341
2021	$30,479	$8,477	$783,892	$22,002
2020	$499,749	$254,331	$761,890	$245,418
2019	$525,487	$9,015	$516,472	$516,472