BRIDGEWATER LIBRARY ASSOCIATION (EIN 066044812) - 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

1904

Legal Domicile

Principal Officer

CHERYL JOHNSON

Phone

8603546937

Tax Period

2024-07-01 to 2025-06-30

BRIDGEWATER LIBRARY ASSOCIATION, founded in 1904, is a small nonprofit that reported $396K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $98K, a strong 25% operating margin.

Mission

TO PROVIDE LIBRARY SERVICES TO THE LOCAL COMMUNITY

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $332,324

Program Service Revenue $27,354

Investment Income $36,697

Other Revenue $0

TOTAL REVENUE $396,375

Expense Breakdown

Grants Paid $0

Salaries & Benefits $163,271

Fundraising Expenses $0

Program Expenses $292,733

Other Expenses $135,466

TOTAL EXPENSES $298,737

Year-over-Year Comparison

	2024	2023	Change
Revenue	$396,375	$334,940	+0.2%
Expenses	$298,737	$246,299	+0.2%
Net Income	$97,638	$88,641	+0.1%

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

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
JANE BERNSTEIN	TRUSTEE	1.00	Director	$0	$0	$0
LARINA CIPOLLA	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
HOWARD ALTSCHUL	TRUSTEE	1.00	Director	$0	$0	$0
CHERYL JOHNSON	TREASURER	1.00	Officer Director	$0	$0	$0
RUSSELL MARCUS	TRUSTEE	1.00	Director	$0	$0	$0
LISA LAU	SECRETARY	1.00	Officer Director	$0	$0	$0
BETSY PERLMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
ELIZABETH CUMING	TRUSTEE	1.00	Director	$0	$0	$0
NATE FROST	TRUSTEE	1.00	Director	$0	$0	$0
NATE CARDONSKY	TRUSTEE	1.00	Director	$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	$396,375	$298,737	$1,191,452	$97,638
2024	$334,940	$246,299	$999,707	$88,641
2023	$251,482	$220,757	$832,190	$30,725
2022	$185,981	$226,259	$744,692	$-40,278
2021	$484,382	$220,575	$896,363	$263,807
2020	$228,400	$314,911	$594,643	$-86,511
2019	$299,035	$185,564	$704,012	$113,471
2018	$209,939	$165,519	$587,340	$44,420

BRIDGEWATER LIBRARY ASSOCIATION