BEVERLY FRIENDS OF THE LIBRARY

EIN: 934620783 501(c)(3) Education

Waterford, OH

Total Revenue
$6,114
Total Expenses
$4,800
Total Assets
$393,299
Net Assets
$393,299
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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
2006
Legal Domicile
OH
Principal Officer
Dwight Trader
Phone
7405161790
Tax Period
2023-10-01 to 2024-09-30

BEVERLY FRIENDS OF THE LIBRARY, founded in 2006, is a micro nonprofit in the Education sector that reported $6K in total revenue in fiscal year 2023. The organization ran a surplus of $1K, a strong 21% operating margin.

Mission

It is the mission of the Beverly Friends of the Library to provide assistance to the Lyman Pomeroy Branch of the Washington County Public Library through volunteer service and financial support for the needs beyond the library's regular budget.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $6,114
Other Revenue $0
TOTAL REVENUE $6,114

Expense Breakdown

Grants Paid $4,800
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $4,800
Other Expenses $0
TOTAL EXPENSES $4,800

Year-over-Year Comparison

2023 2022 Change
Revenue $6,114 $6,114 N/A
Expenses $4,800 $4,800 N/A
Net Income $1,314 $1,314 N/A
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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
10

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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Susanne Burchett President 1.5
Officer
$0 $0 $0
Kay Shreve Vice-President 1.5
Officer
$0 $0 $0
Sue Sampson Secretary 1.5
Officer
$0 $0 $0
Dwight Trader Treasurer 1.5
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
2024 $6,114 $4,800 $393,299 $1,314
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