FRIENDS OF THE DANBURY LIBRARY INC (EIN 060646598) - 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

2012

Legal Domicile

Principal Officer

NELSON MERCHAN

Phone

2037911610

Tax Period

2018-07-01 to 2019-06-30

FRIENDS OF THE DANBURY LIBRARY INC, founded in 2012, is a small nonprofit that reported $106K in total revenue in fiscal year 2018. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $96K left a modest 10% surplus.

Mission

PROVIDE SUPPORT FOR THE DANBURY 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 (2018)

Revenue Breakdown

Contributions & Grants $16,938

Program Service Revenue $0

Investment Income $72,060

Other Revenue $17,351

TOTAL REVENUE $106,349

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $96,012

TOTAL EXPENSES $96,012

Year-over-Year Comparison

	2018	2017	Change
Revenue	$106,349	$680,112	-0.8%
Expenses	$96,012	$99,308	0.0%
Net Income	$10,337	$580,804	-1.0%

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

N/A

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
ROSE MARY FASANO	TRUSTEE	005.00	Director	$0	$0	$0
NELSON MERCHAN	CO- PRESIDENT	005.00	Officer Director	$0	$0	$0
MAUREEN EDWARDS	CO-TREASURER	010.00	Officer Director	$0	$0	$0
STEPHEN KOSAR	CO-TREASURER	005.00	Officer Director	$0	$0	$0
KARLENE LOMBARDO	SECRETARY	010.00	Officer Director	$0	$0	$0
MARY CAPPIELLO	TRUSTEE	005.00	Director	$0	$0	$0
KAREN CHAMBROVICH	TRUSTEE	005.00	Director	$0	$0	$0
CANDACE FAY	TRUSTEE	005.00	Director	$0	$0	$0
CANDY DAYANA DUBE MURIAS	VICE PRESIDENT	005.00	Officer Director	$0	$0	$0
CHARLOTTE NESTER	TRUSTEE	005.00	Director	$0	$0	$0
SHAY NEGARSHETH	CO-PRESIDENT	005.00	Officer Director	$0	$0	$0
VIRGINIA COOK	CO-TREASURER	005.00	Officer Director	$0	$0	$0
STELLA EIDT	CORR-SECRETARY	005.00	Officer Director Key Emp	$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
2019	$106,349	$96,012	$2,770,197	$10,337

FRIENDS OF THE DANBURY LIBRARY INC