EAST NORWALK IMPROVEMENT ASSOCIATI… - Form 990 Financial Data

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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

SYLVIA ARCHIBALD

Phone

2038538619

Tax Period

2024-07-01 to 2025-06-30

EAST NORWALK IMPROVEMENT ASSOCIATION INC is a small nonprofit that reported $226K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

THE ORGANIZATION MAINTAINS AND OPERATES A FREE PUBLIC LIBRARY IN EAST NORWALK, CONNECTICUT THAT IS OPEN TO THE PUBLIC. ACCESS IS AVAILABLE TO ALL WHO SEEK ITS SERVICES

Program Service Accomplishments

Program 1

PROVIDING FREE PUBLIC LIBRARY SERVICES TO THE GENERAL PUBLIC, INCLUDING BOOKS, VIDEOS AND COMPUTER AVAILABILITY

Program 2

PROVIDES USE OF LIBRARY FACILITY TO OTHER NON PROFIT ORGANIZATIONS IN AN EFFORT TO RUN PERIODIC READING IS FUNDAMENTAL PROGRAMS

Program 3

PROVIDES PERIODIC ENTERTAINMENT AND EDUCATIONAL OPPORTUNITIES IN THE COMMUNITY TO ENCOURAGE CHILDREN TO READ

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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 $199,638

Program Service Revenue $26,341

Investment Income $2

Other Revenue $0

TOTAL REVENUE $225,981

Expense Breakdown

Grants Paid $0

Salaries & Benefits $137,534

Fundraising Expenses $0

Program Expenses $235,292

Other Expenses $97,758

TOTAL EXPENSES $235,292

Year-over-Year Comparison

	2024	2023	Change
Revenue	$225,981	$208,582	+0.1%
Expenses	$235,292	$241,618	0.0%
Net Income	$-9,311	$-33,036	-0.7%

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

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
SYLVIA ARCHIBALD	SYLVIA ARCHI	N/A	Officer	$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	$225,981	$235,292	$18,242	$-9,311
2024	$208,582	$241,618	$27,553	$-33,036
2023	$214,173	$240,177	$61,309	$-26,004
2022	$236,029	$299,430	$87,201	$-63,401
2021	$223,643	$216,793	$150,169	$6,850
2020	$233,225	$209,921	$143,144	$23,304
2019	$233,714	$222,541	$119,840	$11,173

EAST NORWALK IMPROVEMENT ASSOCIATION INC