SOMERVILLE, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOMERVILLE PUBLIC LIBRARY FOUNDATION INC, founded in 2019, is a micro nonprofit in the Education sector that reported $29K in total revenue in fiscal year 2023. The organization ran a surplus of $12K, a strong 42% operating margin.
TO DIRECT AND MANAGE PROMOTIONAL AND FUNDRAISING ACTIVITIES FOR THE BENEFIT OF THE SOMERVILLE PUBLIC LIBARAY; TO DISBURSE FUNDS FOR THE RENOVATION OF THE LIBRARY BUILDINGS, FOR NEW LIBRARY EQUIPMENT & FURNISHINGS, AND FOR NEW PROGRAM INITIATIVES; AND TO CARRY ON ANY OTHER CHARITABLE OR EDUCATIONAL ACTIVITY.
DIRECT AND MANAGE FUNDRAISING ACTIVITIES TO BENEFIT THE SOMERVILLE PUBLIC LIBRARY.
TO DISBURSE FUNDS FOR THE RENOVATION OF THE LIBRARY BUILDINGS, FOR NEW LIBRARY EQUIPMENT & FURNISHINGS, AND FOR NEW PROGRAM INITIATIVES AS WELL AS SUPPORTING LIBRARY STAFF.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $29,137 | $-34,350 | -1.8% |
| Expenses | $16,936 | $12,347 | +0.4% |
| Net Income | $12,201 | $-46,697 | -1.3% |
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 |
|---|---|---|---|---|---|---|
| MAREN CHIU | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRIS LUDLOW | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDREA PAULSON | CLERK | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RUTH FARRIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KATHERINE AUSPITZ | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY CASSESSO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| VLADIMIR BENOIT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $29,137 | $16,936 | $1,775,392 | $12,201 |
| 2023 | $-34,350 | $12,347 | $1,691,133 | $-46,697 |
| 2022 | $7,656 | $4,594 | $293,774 | $3,062 |
| 2021 | $-17,169 | $21,910 | $345,444 | $-39,079 |
| 2020 | $376,750 | $7,054 | $376,750 | $369,696 |
Compare SOMERVILLE PUBLIC LIBRARY FOUNDATION INC with other nonprofits in Massachusetts and across the country.