SARATOGA READING ROOMS INC (EIN 111902995) - Form 990 Financial Analysis & Trantor Score

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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

1934

Legal Domicile

Principal Officer

BEN HAGGIN

Phone

5185841539

Tax Period

2023-01-01 to 2023-12-31

SARATOGA READING ROOMS INC, founded in 1934, is a small nonprofit that reported $663K in total revenue in fiscal year 2023.

Mission

SARATOGA READING ROOMS MAINTAINS A READING ROOM, LODGING, AND RECREATIONAL (CONTINUED ON SCHEDULE O) FACILITY DURING THE SARATOGA SPRINGS THOROUGHBRED RACING SEASON.

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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 $0

Program Service Revenue $415,248

Investment Income $12,249

Other Revenue $235,202

TOTAL REVENUE $662,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $309,653

Fundraising Expenses $0

Other Expenses $343,576

TOTAL EXPENSES $653,229

Year-over-Year Comparison

	2023	2022	Change
Revenue	$662,699	$690,290	0.0%
Expenses	$653,229	$623,093	+0.0%
Net Income	$9,470	$67,197	-0.9%

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	Role	Reportable Comp	Other Comp	Total
JOSEPH E AULISI	DIRECTOR	Director	$0	$0	$0
ROBERT N CLAY	DIRECTOR	Director	$0	$0	$0
PETER DIBONAVENTURA	TREASURER	Officer Director	$0	$0	$0
WILLIAM S FARISH JR	SECRETARY	Officer Director	$0	$0	$0
BEN HAGGIN	PRESIDENT	Officer Director	$0	$0	$0
G WATTS HUMPHREY JR	DIRECTOR	Director	$0	$0	$0
BRADY CARRUTH	VICE - PRESIDENT	Officer Director	$0	$0	$0
ANNA WEBB PETTER EGERTON	DIRECTOR	Director	$0	$0	$0
DAISY PHIPPS PULITO	DIRECTOR	Director	$0	$0	$0
DG VAN CLIEF JR	DIRECTOR	Director	$0	$0	$0
BEVERLY R STEINMAN	DIRECTOR	Director	$0	$0	$0
CHARLOTTE C WEBER	DIRECTOR	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
2024	No data	No data	No data	No data
2023	$662,699	$653,229	$975,949	$9,470
2022	$690,290	$623,093	$1,012,559	$67,197
2021	$593,280	$536,161	$950,167	$57,119
2020	$428,285	$484,781	$862,584	$-56,496
2019	$584,197	$560,109	$923,880	$24,088

SARATOGA READING ROOMS INC