MILLINOCKET, ME
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)MILLINOCKET LIBRARY SUPPORT CORPORATION, founded in 2019, is a micro nonprofit in the Education sector that reported $32K in total revenue in fiscal year 2024. Expenses of $106K exceeded revenue, resulting in a 229% operating deficit.
IT WAS FORMED FOR THE PURPOSE OF SUPPORTING THE EXEMPT ACTIVITES OF THE SUPPORTED ORGANIZATION, INCLUDING ACQUIRING ITS REAL ESTATE TO ALLOW FOR THE FINANCING OF SUBSTANTIAL IMPROVEMENTS TO THE REAL ESTATE.
THE CORPORATION WAS ORGANIZED TO OPERATE EXCLUSIVELY FOR CHARITABLE PURPOSES BY CONDUCTING AND SUPPORTING ACTIVITIES WHICH PROMOTE THE ADVANCEMENT AND FURTHER THE AIMS OF THE MILLINOCKET MEMORIAL...
THE CORPORATION WAS ORGANIZED TO OPERATE EXCLUSIVELY FOR CHARITABLE PURPOSES BY CONDUCTING AND SUPPORTING ACTIVITIES WHICH PROMOTE THE ADVANCEMENT AND FURTHER THE AIMS OF THE MILLINOCKET MEMORIAL 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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $32,245 | $32,297 | 0.0% |
| Expenses | $106,169 | $102,170 | +0.0% |
| Net Income | $-73,924 | $-69,873 | +0.1% |
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 |
|---|---|---|---|---|---|---|
| DIANA FURUKAWA | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $66,560 |
| STEVE SANDERS | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALAINA DAISEY | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NICOLE BRENNAN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALBERT FOWLER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $32,245 | $106,169 | $1,635,050 | $-73,924 |
| 2023 | $32,297 | $102,170 | $1,701,974 | $-69,873 |
| 2022 | $32,095 | $111,379 | $1,764,847 | $-79,284 |
| 2021 | $32,059 | $114,104 | $1,837,131 | $-82,045 |
| 2020 | $20,656 | $22,022 | $1,912,176 | $-1,366 |
| 2019 | No data | No data | $1,906,542 | No data |
Compare MILLINOCKET LIBRARY SUPPORT CORPORATION with other nonprofits in Maine and across the country.