New Haven, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)New Haven Free Public Library Foundation Incorporated, founded in 2003, is a small nonprofit in the Education sector that reported $677K in total revenue in fiscal year 2024. Revenue fell 71% from the prior year — a significant decline worth monitoring. Expenses of $2.6M exceeded revenue, resulting in a 286% operating deficit.
To work collaboratively with the New Haven Free Public Library to raise funds to support major initiatives and innovative projects that enhance the services of the Library to the residents of New Haven.
The purpose of the New Haven Free Public Library Foundation is to raise funds--general operating, project-specific funding, and endowment--on behalf of the New Haven Free Public Library. These funds...
The purpose of the New Haven Free Public Library Foundation is to raise funds--general operating, project-specific funding, and endowment--on behalf of the New Haven Free Public Library. These funds are periodically transferred from the Foundation to the library to provide resources to help the Library improve its collection of print and online resources; deliver crucial community services and programs to the entire City of New Haven; provide support for strategic priorities and projects; and sustain the public library as a free and democratic institution for future generations. The New Haven Free Public Library Foundation promotes the work of the library, builds community support, and provides oversight and stewardship of contributed funds.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $676,638 | $2,327,599 | -0.7% |
| Expenses | $2,610,915 | $255,179 | +9.2% |
| Net Income | $-1,934,277 | $2,072,420 | -1.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Mary Ellen Savage | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sean C Koehler | Vice President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Thomas M Haskell | Treasurer | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Fran DeToro | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Garrett Sheehan | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Sarah Berkman Ficca | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Lindy Lee Gold | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Tina C Weiner | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Jennifer Coggins | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Caroline Tanbee Smith | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Al Bhatt | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Barbara Segaloff | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Samantha Williams | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Raquel Santiago-Martinez | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $676,638 | $2,610,915 | $441,757 | $-1,934,277 |
| 2024 | $2,327,599 | $255,179 | $2,376,034 | $2,072,420 |
| 2023 | $391,733 | $1,320,007 | $303,614 | $-928,274 |
| 2022 | $488,211 | $1,391,426 | $1,231,888 | $-903,215 |
| 2021 | $833,545 | $755,156 | $2,135,103 | $78,389 |
| 2020 | $531,024 | $343,315 | $2,056,714 | $187,709 |
| 2019 | $1,031,802 | $243,241 | $1,865,624 | $788,561 |
Compare New Haven Free Public Library Foundation Incorporated with other nonprofits in Connecticut and across the country.