Farmington Public Library Association
Farmington, Maine
A-Health Score
76A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$470K
Total Revenue
📊
$371K
Total Expenses
🏦
$2.9M
Net Assets
📋
$5K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+34.6%
Year-over-year change (2022 → 2023)
Net Margin
+21.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
7.89
Net assets divided by total expenses
Liabilities-to-Assets
0.2%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $470,475↑35% | $370,950↑28% | $2,932,880↑3% | — |
| 2022 | $349,479↓27% | $290,186↑11% | $2,842,817↑2% | — |
| 2021 | $481,874↑74% | $260,370↑12% | $2,780,263↑9% | — |
| 2020 | $276,247↓1% | $232,031↓13% | $2,558,759↑2% | — |
| 2019 | $279,407↑3% | $267,748↑22% | $2,514,543 | — |
| 2018 | $271,104↓35% | $219,999↓3% | $2,502,884↓3% | — |
| 2017 | $415,024↑146% | $226,527↑17% | $2,570,507↑1% | — |
| 2016 | $168,577↓7% | $193,181↓12% | $2,539,314↑2% | — |
| 2015 | $181,225↓28% | $220,306↑27% | $2,497,494↓3% | — |
| 2014 | $250,623↓5% | $173,865↓19% | $2,587,588↓3% | — |
| 2013 | $262,807↑9% | $213,814↑2% | $2,680,571↑3% | — |
| 2012 | $241,576↑17% | $209,009↓3% | $2,604,865↑3% | — |
| 2011 | $207,134 | $216,562 | $2,534,045 | — |
Frequently Asked Questions
What does Farmington Public Library Association do?▼
Farmington Public Library Association is a education nonprofit organization based in Maine. It is classified under NTEE code B700 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Farmington Public Library Association financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Farmington Public Library Association.
How much revenue does Farmington Public Library Association generate?▼
Farmington Public Library Association reports $354K in annual revenue and holds $1.7M in total assets, based on IRS filings.