NORTH HAVEN LIBRARY (EIN 016016566) - Form 990 Financial Analysis & Trantor Score

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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

Legal Domicile

Principal Officer

DAVID WILSON

Phone

2078679797

Tax Period

2024-08-01 to 2025-07-31

NORTH HAVEN LIBRARY is a small nonprofit that reported $257K in total revenue in fiscal year 2024. The organization ran a surplus of $198K, a strong 77% operating margin.

Mission

OPERATION OF LIBRARY

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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 (2024)

Revenue Breakdown

Contributions & Grants $234,925

Program Service Revenue $0

Investment Income $26,656

Other Revenue $-4,295

TOTAL REVENUE $257,286

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,251

Fundraising Expenses $1,260

Program Expenses $50,564

Other Expenses $32,648

TOTAL EXPENSES $58,899

Year-over-Year Comparison

	2024	2023	Change
Revenue	$257,286	$252,354	+0.0%
Expenses	$58,899	$57,755	+0.0%
Net Income	$198,387	$194,599	+0.0%

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

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
DAVID WILSON	PRESIDENT	8.00	Officer	$0	$0	$0
SUSAN MINOT	SECRETARY	2.00	Officer	$0	$0	$0
ED HAYES	TREASURER	4.00	Officer	$0	$0	$0
JEANNETTE SANGER	TRUSTEE	2.00	Director	$0	$0	$0
EUGENE POOL	TRUSTEE	2.00	Director	$0	$0	$0
SARAH WHINERY	TRUSTEE	3.00	Director	$0	$0	$0
JEAN LAMONT	TRUSTEE	4.00	Director	$0	$0	$0
ADAM ALEXANDER	TRUSTEE	1.00	Director	$0	$0	$0
AMILIA CAMPBELL	TRUSTEE	1.00	Director	$0	$0	$0
ALICE CORHWELL	TRUSTEE	1.00	Director	$0	$0	$0
MARY WHITE	TRUSTEE	1.00	Director	$0	$0	$0
LAURA SERINO	TRUSTEE	1.00	Director	$0	$0	$0
JENNIFER WINTHROP	TRUSTEE	3.00	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	$257,286	$58,899	$1,586,335	$198,387
2024	$252,354	$57,755	$1,371,865	$194,599
2023	$610,243	$62,484	$1,123,988	$547,759
2022	$139,167	$47,458	$567,729	$91,709
2021	$89,692	$47,079	$513,892	$42,613

NORTH HAVEN LIBRARY