PORT WASHINGTON LIBRARY FOUNDATION INC (EIN 113007598) - 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

1991

Legal Domicile

Principal Officer

BETH AIN

Phone

5168834400

Tax Period

2023-07-01 to 2024-06-30

PORT WASHINGTON LIBRARY FOUNDATION INC, founded in 1991, is a small nonprofit in the Education sector that reported $240K in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $48K, a strong 20% operating margin.

Mission

IT IS THE MISSION OF THE ORGANIZATION TO RAISE FUNDS TO SUPPORT THE NEEDS OF THE PORT WASHINGTON PUBLIC LIBRARY NOT COVERED BY TAXES AND TO MAINTAIN ITS VIABILITY FOR FUTURE GENERATIONS. OUR VISION IS TO PROVIDE FULL AND SUSTAINABLE FUNDING TO MAKE POSSIBLE THE VISION OF THE LIBRARY FOR THE BENEFIT IF THE ENTIRE PORT WASHINGTON COMMUNITY.

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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 $233,349

Program Service Revenue $0

Investment Income $35,802

Other Revenue $-28,956

TOTAL REVENUE $240,195

Expense Breakdown

Grants Paid $102,027

Salaries & Benefits $41,558

Fundraising Expenses $45,879

Program Expenses $102,327

Other Expenses $48,684

TOTAL EXPENSES $192,269

Year-over-Year Comparison

	2023	2022	Change
Revenue	$240,195	$148,524	+0.6%
Expenses	$192,269	$162,747	+0.2%
Net Income	$47,926	$-14,223	-4.4%

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

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
BETH AIN	PRESIDENT	3.00	Officer Director	$0	$0	$0
CLAUDIA ROUHANA	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JACQUELINE A HOLMES	TREASURER	2.00	Officer Director	$0	$0	$0
MICHELLE DURAN	SECRETARY	1.00	Officer Director	$0	$0	$0
EDWARD ADLER	DIRECTOR	1.00	Director	$0	$0	$0
SAMANTHA ADLER	DIRECTOR	1.00	Director	$0	$0	$0
DENISE BENUN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT EPSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
KEN MCMILLAN	DIRECTOR	1.00	Director	$0	$0	$0
AVIVA PINTO	DIRECTOR	1.00	Director	$0	$0	$0
ALLISON PLATT	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL POLLACK	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE SALTZMAN	DIRECTOR	1.00	Director	$0	$0	$0
RACHEL SEGAL	DIRECTOR	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	No data	No data	No data	No data
2024	$240,195	$192,269	$1,634,130	$47,926
2023	$148,524	$162,747	$1,425,643	$-14,223
2022	$250,249	$146,472	$1,354,073	$103,777
2021	$183,046	$282,311	$1,407,919	$-99,265
2020	$112,135	$141,544	$1,213,276	$-29,409
2019	$218,538	$151,332	$1,494,883	$67,206
2018	$378,004	$454,221	$1,195,240	$-76,217

PORT WASHINGTON LIBRARY FOUNDATION INC