DARIEN LIBRARY INC

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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

1901

Legal Domicile

Principal Officer

WILLIAM H PEGLER JR

Phone

2036695227

Tax Period

2023-07-01 to 2024-06-30

DARIEN LIBRARY INC, founded in 1901, is a community nonprofit in the Education sector that reported $5.8M in total revenue in fiscal year 2023. Revenue grew 8% year-over-year, indicating healthy expansion. Net assets of $28.7M represent 59 months of operating reserves.

Mission

TO PROVIDE A BROAD ARRAY OF CONTENT AND PROGRAMS THAT SERVE TO EDUCATE, ENTERTAIN, AND ENRICH THE COMMUNITY OF DARIEN, CONNECTICUT.

Program Service Accomplishments

Program 1

Expenses: $5,256,685 Revenue: $34,652

TO PROVIDE COMPREHENSIVE LIBRARY SERVICES TO THE GENERAL PUBLIC.

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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 (2023)

Revenue Breakdown

Contributions & Grants $5,174,261

Program Service Revenue $34,652

Investment Income $561,668

Other Revenue $55,496

TOTAL REVENUE $5,826,077

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,100,951

Fundraising Expenses $193,643

Program Expenses $5,256,685

Other Expenses $2,267,791

TOTAL EXPENSES $6,368,742

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,826,077	$5,372,285	+0.1%
Expenses	$6,368,742	$6,407,674	0.0%
Net Income	$-542,665	$-1,035,389	-0.5%

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

$174,773

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM H PEGLER JR	PRESIDENT	2.00	Officer Director	$0	$0	$0
KIM WESTCOTT	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ROB LEVINSON	TREASURER	2.00	Officer Director	$0	$0	$0
ANGELA RILEY	SECRETARY	2.00	Officer Director	$0	$0	$0
DIANA NEHRO	TRUSTEE	2.00	Director	$0	$0	$0
MAGGIE BROWN DOMONT	TRUSTEE	2.00	Director	$0	$0	$0
ADRIENNE KELLY	TRUSTEE	2.00	Director	$0	$0	$0
TYLER KYLE	TRUSTEE	2.00	Director	$0	$0	$0
ELENA WHIDDEN	TRUSTEE	2.00	Director	$0	$0	$0
MARGIT S BLUESTEIN	TRUSTEE	2.00	Director	$0	$0	$0
KAREN S KNAPP	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL NEDDER	TRUSTEE	2.00	Director	$0	$0	$0
ROB EISING	TRUSTEE	2.00	Director	$0	$0	$0
JESSICA LEVEY	TRUSTEE	2.00	Director	$0	$0	$0
D JILL MCCAMMON	TRUSTEE	2.00	Director	$0	$0	$0
KATHRYN PEREZ	TRUSTEE	2.00	Director	$0	$0	$0
MIN SELKOWITZ	TRUSTEE	2.00	Director	$0	$0	$0
KIERA PARROTT	DIRCTOR	40.00	Key Emp	$174,773	$0	$174,773

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	No data	No data	No data	No data
2024	$5,826,077	$6,368,742	$29,070,404	$-542,665
2023	$5,372,285	$6,407,674	$28,881,623	$-1,035,389
2022	$5,931,772	$6,002,489	$29,008,924	$-70,717
2021	$5,411,557	$5,635,250	$30,755,971	$-223,693
2020	$4,947,752	$5,816,571	$29,059,816	$-868,819
2019	$5,023,954	$5,729,306	$30,298,181	$-705,352