FARMINGTON PUBLIC LIBRARY FOUNDATI… - Form 990 Financial Data

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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

1990

Legal Domicile

Principal Officer

CHRISTINE STERTON

Phone

5053271245

Tax Period

2025-01-01 to 2025-12-31

FARMINGTON PUBLIC LIBRARY FOUNDATION, founded in 1990, is a small nonprofit that reported $891K in total revenue in fiscal year 2025. Revenue surged 805% from the prior year, signaling strong growth momentum. The organization ran a surplus of $840K, a strong 94% operating margin.

Mission

TO PROVIDE A CONTINUOUS SOURCE OF FINANCIAL ASSISTANCE TO THE CITY OF FARMINGTON PUBLIC LIBRARY

Program Service Accomplishments

Program 1

Expenses: $28,343 Revenue: $40,282

ASSISTED THE CITY OF FARMINGTON WITH MAINTAINING AND UPGRADING THE READING AND LEARNING ENVIRONMENT AT THE PUBLIC LIBRARY AND RECOGNIZING STAFF SERVICES

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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 (2025)

Revenue Breakdown

Contributions & Grants $843,417

Program Service Revenue $11,832

Investment Income $28,019

Other Revenue $8,100

TOTAL REVENUE $891,368

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,343

Other Expenses $51,756

TOTAL EXPENSES $51,756

Year-over-Year Comparison

	2025	2024	Change
Revenue	$891,368	$98,519	+8.0%
Expenses	$51,756	$36,855	+0.4%
Net Income	$839,612	$61,664	+12.6%

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
AMY O'NEILL	PRESIDENT	1.00	Officer Director	$0	$0	$0
SUSAN MERRION	SECRETARY	1.00	Officer Director	$0	$0	$0
JEFF HOWELL	DIRECTOR	1.00	Director	$0	$0	$0
HYLA CALCOTE	DIRECTOR	1.00	Director	$0	$0	$0
ANN FOUST	DIRECTOR	1.00	Director	$0	$0	$0
STEPHANIE JAQUEZ	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
MARIA HYNES	DIRECTOR	1.00	Director	$0	$0	$0
DONNY ORTIZ	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE STERTON	TREASURER	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	$891,368	$51,756	$1,823,950	$839,612
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$37,246	$36,547	$846,873	$699
2021	$45,889	$24,562	$846,174	$21,327
2020	$105,803	$21,819	$824,847	$83,984
2019	$55,568	$36,065	$740,864	$19,503
2018	$57,365	$77,485	$721,361	$-20,120

FARMINGTON PUBLIC LIBRARY FOUNDATION