Falmouth Memorial Library Association
Falmouth, Maine
A-Health Score
77A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org4.10×
Peer Median20.77×
💰
$1.2M
Total Revenue
📊
$1.1M
Total Expenses
🏦
$4.5M
Net Assets
📋
$82K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-5.0%
Year-over-year change (2023 → 2024)
Net Margin
+5.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
4.10
Net assets divided by total expenses
Liabilities-to-Assets
1.8%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $1,168,978↓5% | $1,101,654↑11% | $4,600,107↑2% | |
| 2023 | $1,230,100↑63% | $996,465↑10% | $4,494,676↑6% | — |
| 2022 | $754,960↓15% | $909,392↑17% | $4,237,276↓3% | — |
| 2021 | $887,143↑26% | $779,744↑34% | $4,375,439↓45% | — |
| 2020 | $701,512↓55% | $580,969↓13% | $8,017,375↑4% | — |
| 2019 | $1,562,055↓63% | $666,303↓3% | $7,685,828↑13% | — |
| 2018 | $4,229,667↑199% | $690,337↓2% | $6,797,152↑116% | — |
| 2017 | $1,415,983↓4% | $705,022↓7% | $3,143,841↑30% | — |
| 2016 | $1,467,881↑61% | $757,326↑16% | $2,419,090↑49% | — |
| 2015 | $910,886↑48% | $651,153↓1% | $1,628,229↑21% | — |
| 2014 | $616,329↑8% | $659,053↑13% | $1,345,846↑28% | — |
| 2013 | $571,128↓15% | $585,468↓6% | $1,055,233↑2% | — |
| 2012 | $669,600↑12% | $620,451↑2% | $1,034,096↑6% | — |
| 2011 | $595,429 | $610,570 | $977,582 | — |
Frequently Asked Questions
What does Falmouth Memorial Library Association do?▼
Falmouth Memorial Library Association is a education nonprofit organization based in Maine. It is classified under NTEE code B71Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Falmouth Memorial Library Association financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Falmouth Memorial Library Association.
How much revenue does Falmouth Memorial Library Association generate?▼
Falmouth Memorial Library Association reports $1.2M in annual revenue and holds $4.6M in total assets, based on IRS filings.