OLD COLONY LIBRARY NETWORK INC (EIN 042925259) - 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

Formation Year

1985

Legal Domicile

Principal Officer

BRIAN DEFELICE

Phone

7817942513

Tax Period

2024-07-01 to 2025-06-30

OLD COLONY LIBRARY NETWORK INC, founded in 1985, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024. Expenses of $1.4M left a modest 3% surplus.

Mission

EDUCATIONAL RESOURCE NETWORK

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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 $364,329

Program Service Revenue $1,003,172

Investment Income $78,767

Other Revenue $4,461

TOTAL REVENUE $1,450,729

Expense Breakdown

Grants Paid $0

Salaries & Benefits $682,808

Fundraising Expenses $0

Program Expenses $1,275,777

Other Expenses $717,451

TOTAL EXPENSES $1,400,259

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,450,729	$1,418,196	+0.0%
Expenses	$1,400,259	$1,364,064	+0.0%
Net Income	$50,470	$54,132	-0.1%

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
PAUL ENGLE	PRESIDENT	2.00	Officer Director	$0	$0	$0
BRIAN DEFELICE	TREASURER	2.00	Officer Director	$0	$0	$0
LIZ MACNEIL	SECRETARY	2.00	Officer Director	$0	$0	$0
JESSI FINNIE	PAST PRESIDENT	2.00	Director	$0	$0	$0
LINDA STONE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DIANE COSTAGLIOLA	MEMBER	2.00	Director	$0	$0	$0
JEFFREY MARZLUFT	MEMBER	2.00	Director	$0	$0	$0
SARAH SLYMON	MEMBER	2.00	Director	$0	$0	$0
SHARON PARRINGTON-WRIGHT	MEMBER	2.00	Director	$0	$0	$0
DAVID SLATER	EXECUTIVE DIRECTOR	37.50	Highest	$146,697	$10,268	$156,965
JADA MAXWELL	ASST. DIRECTOR	37.50	Highest	$101,850	$15,928	$117,778

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	$1,450,729	$1,400,259	$2,053,102	$50,470
2024	$1,418,196	$1,364,064	$1,965,041	$54,132
2023	$1,297,561	$1,396,994	$1,865,627	$-99,433
2022	$1,294,021	$1,329,721	$1,868,112	$-35,700
2021	$1,373,791	$1,227,347	$1,982,500	$146,444
2020	$1,312,018	$1,238,202	$1,900,555	$73,816
2019	$1,205,352	$1,173,306	$1,753,039	$32,046

OLD COLONY LIBRARY NETWORK INC