THE GREENWICH LIBRARY (EIN 066002281) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1877

Legal Domicile

Principal Officer

PEGGY KALB

Phone

2036227900

Tax Period

2022-07-01 to 2023-06-30

THE GREENWICH LIBRARY, founded in 1877, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2022. Revenue fell 53% from the prior year — a significant decline worth monitoring. Expenses of $4.4M exceeded revenue, resulting in a 82% operating deficit.

Mission

THE GREENWICH LIBRARY PROVIDES BOOKS AND OTHER MEDIA FOR THE ENTERTAINMENT, EDUCATION, AND RESEARCH OF THE CITIZENS OF THE TOWN AND SURROUNDING AREAS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $2,354,608

Program Service Revenue $55,090

Investment Income $55,194

Other Revenue $-21,354

TOTAL REVENUE $2,443,538

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,125,248

Fundraising Expenses $237,246

Program Expenses $3,899,645

Other Expenses $3,316,374

TOTAL EXPENSES $4,441,622

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,443,538	$5,180,636	-0.5%
Expenses	$4,441,622	$4,570,378	0.0%
Net Income	$-1,998,084	$610,258	-4.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

177

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

$286,384

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALEXANDRA CODRARO	TRUSTEE	1.00	Director	$0	$0	$0
BEY-SHAN LIU	TRUSTEE	1.00	Director	$0	$0	$0
CAROLINE HIRSCHFELD	TRUSTEE	1.00	Director	$0	$0	$0
DAVID MULLEN	TRUSTEE	1.00	Director	$0	$0	$0
DIANA SEATON	SECOND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
HANK ASHFORTH	FIRST VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
IAN MURRAY	TREASURER	5.00	Officer Director	$0	$0	$0
JILL STAUFFER COBBS	TRUSTEE	1.00	Director	$0	$0	$0
JOHN BLANKLEY	MEMBER-AT-LARGE	1.00	Officer Director	$0	$0	$0
JOHN KNOX	TRUSTEE	1.00	Director	$0	$0	$0
JOSEPH PELLEGRINO	TRUSTEE (OUTGOING)	1.00	Director	$0	$0	$0
KAREN FREE ROYCE	TRUSTEE	1.00	Director	$0	$0	$0
KAREN KEEGAN	TRUSTEE	1.00	Director	$0	$0	$0
MARTY GENDELL	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL FREITAG	TRUSTEE	1.00	Director	$0	$0	$0
PEGGY EDERSHEIM KALB	PRESIDENT	1.00	Officer Director	$0	$0	$0
PETER SCHWARTZSTEIN	TRUSTEE	1.00	Director	$0	$0	$0
PHIL LOCHNER	SECRETARY	5.00	Officer Director	$0	$0	$0
ROSARIO BROOKS	TRUSTEE	1.00	Director	$0	$0	$0
SEUNG BAK	TRUSTEE	1.00	Director	$0	$0	$0
SHANTA SMITH	TRUSTEE (OUTGOING)	1.00	Director	$0	$0	$0
SONAL SETH	TRUSTEE	1.00	Director	$0	$0	$0
SOPHIA TAWIL	TRUSTEE	1.00	Director	$0	$0	$0
LISA MANDEL	DIRECTOR OF DEV.	40.00	Officer	$158,069	$15,685	$173,754
PEGGY PEI	ACCOUNTING MANAGER	40.00	Officer	$104,914	$7,716	$112,630

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	No data	No data	No data	No data
2023	$2,443,538	$4,441,622	$79,499,422	$-1,998,084
2022	$5,180,636	$4,570,378	$78,553,230	$610,258
2021	$8,026,445	$3,878,433	$86,849,437	$4,148,012
2020	$4,008,236	$3,421,614	$78,114,043	$586,622
2019	$10,799,566	$3,717,962	$76,908,156	$7,081,604
2018	$5,901,766	$3,705,345	$70,853,915	$2,196,421

THE GREENWICH LIBRARY