EDGARTOWN READING ROOM INC (EIN 041278306) - 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

1932

Principal Officer

STEPHEN D WARRINER

Phone

5082896264

Tax Period

2023-01-01 to 2023-12-31

EDGARTOWN READING ROOM INC, founded in 1932, is a small nonprofit that reported $671K in total revenue in fiscal year 2023. Revenue surged 301% from the prior year, signaling strong growth momentum. The organization ran a surplus of $382K, a strong 57% operating margin.

Mission

SOCIAL CLUB

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $574,325

Program Service Revenue $0

Investment Income $132,629

Other Revenue $-36,156

TOTAL REVENUE $670,798

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $289,141

TOTAL EXPENSES $289,141

Year-over-Year Comparison

	2023	2022	Change
Revenue	$670,798	$167,484	+3.0%
Expenses	$289,141	$332,041	-0.1%
Net Income	$381,657	$-164,557	-3.3%

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

N/A

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
STEPHEN D WARRINER	PRESIDENT	5.00	Officer	$0	$0	$0
THOMAS H MACCOWATT	TREASURER	5.00	Officer	$0	$0	$0
S CHRISTOPHER SCOTT	CLERK	5.00	Officer	$0	$0	$0
MICHAEL C MACKENTY	VICE PRESIDE	5.00	Officer Director	$0	$0	$0
PAUL E MITCHELL	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN W BERGER	DIRECTOR	1.00	Director	$0	$0	$0
J HOWELL KELLY	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$670,798	$289,141	$1,447,559	$381,657
2022	$167,484	$332,041	$1,061,367	$-164,557
2021	$307,888	$142,899	$1,242,766	$164,989
2020	$257,336	$154,803	$1,059,629	$102,533

EDGARTOWN READING ROOM INC