FRIENDS OF THE HIGHWOOD PUBLIC LIBRARY (EIN 834409594) - 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

2019

Legal Domicile

Principal Officer

Andy Hamilton

Phone

7733209545

Tax Period

2023-05-01 to 2024-04-30

FRIENDS OF THE HIGHWOOD PUBLIC LIBRARY, founded in 2019, is a small nonprofit in the Environment sector that reported $474K in total revenue in fiscal year 2023. Revenue fell 54% from the prior year — a significant decline worth monitoring. Net assets of $1.1M represent 27 months of operating reserves.

Mission

The Organizations mission is to support the Highwood Public Library, focus attention on Library services, facilities and needs, promote the welfare and growth of the Library and receive and encourage gifts and bequests to the 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 (2023)

Revenue Breakdown

Contributions & Grants $474,169

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $474,169

Expense Breakdown

Grants Paid $483,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $485,673

Other Expenses $8,835

TOTAL EXPENSES $491,835

Year-over-Year Comparison

	2023	2022	Change
Revenue	$474,169	$1,032,170	-0.5%
Expenses	$491,835	$191,381	+1.6%
Net Income	$-17,666	$840,789	-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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gayle Meyers	President	1.00	Officer Director	$0	$0	$0
Kristi Winchester	Vice President	1.00	Officer Director	$0	$0	$0
Martin Rosenthal	Treasurer	1.00	Officer Director	$0	$0	$0
Laura Singer	Secretary	1.00	Officer 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
2025	No data	No data	No data	No data
2024	$474,169	$491,835	$1,078,880	$-17,666
2023	$1,032,170	$191,381	$1,096,546	$840,789
2022	$1,059,390	$1,220,970	$255,757	$-161,580
2021	$409,509	$108,403	$419,083	$301,106

FRIENDS OF THE HIGHWOOD PUBLIC LIBRARY