PATTEN FREE LIBRARY (EIN 010211539) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1847

Legal Domicile

Principal Officer

LESLEY DOLINGER

Phone

2074435141

Tax Period

2024-07-01 to 2025-06-30

PATTEN FREE LIBRARY, founded in 1847, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $277K, a strong 17% operating margin.

Mission

PATTEN FREE LIBRARY TRANSFORMS LIVES, INSPIRES LIFELONG LEARNING, PRESERVES LOCAL HISTORY, AND BUILDS COMMUNITY THROUGH JOYFUL, CREATIVE EXPLORATION AND DIALOGUE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $990,626

Program Service Revenue $11,387

Investment Income $536,923

Other Revenue $66,016

TOTAL REVENUE $1,604,952

Expense Breakdown

Grants Paid $0

Salaries & Benefits $771,009

Fundraising Expenses $261,603

Program Expenses $894,926

Other Expenses $506,507

TOTAL EXPENSES $1,327,521

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,604,952	$2,260,868	-0.3%
Expenses	$1,327,521	$1,149,707	+0.2%
Net Income	$277,431	$1,111,161	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

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

$102,552

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LESLEY DOLINGER	EXECUTIVE DI	40.00	Officer	$86,704	$15,848	$102,552
KARL ALBRECHT	PRESIDENT	2.00	Officer Director	$0	$0	$0
STEPHEN AUGUST	TRUSTEE	1.00	Director	$0	$0	$0
ANITA BROWN	TRUSTEE	1.00	Director	$0	$0	$0
TOMMY DAVIS	TRUSTEE	1.00	Director	$0	$0	$0
EILEEN HARKINS	SECRETARY	2.00	Officer Director	$0	$0	$0
SUKEY HEARD	TRUSTEE	1.00	Director	$0	$0	$0
ALLISON HEPLER	TRUSTEE	1.00	Director	$0	$0	$0
ANTHONY JAMISON	TREASURER	3.00	Officer Director	$0	$0	$0
PEGGY KAPISOVSKY	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD KESSLER	TRUSTEE	1.00	Director	$0	$0	$0
DAWN LEE	TRUSTEE	1.00	Director	$0	$0	$0
CHRIS MARKS	TRUSTEE	1.00	Director	$0	$0	$0
LAURIE MARTIN	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL MASON	VICE-PRESIDE	2.00	Officer Director	$0	$0	$0
LEAH ZARTARIAN	TRUSTEE	1.00	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	$1,604,952	$1,327,521	$12,314,824	$277,431
2024	$2,260,868	$1,149,707	$12,007,579	$1,111,161
2023	$1,302,929	$1,060,757	$10,907,875	$242,172
2022	$1,415,338	$1,047,955	$10,442,348	$367,383
2021	$1,262,039	$930,479	$12,577,790	$331,560
2020	$1,180,753	$945,545	$10,617,181	$235,208

PATTEN FREE LIBRARY