Friends of Webster Library Inc (EIN 132847399) - 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

1976

Legal Domicile

Tax Period

2023-04-01 to 2024-03-31

Friends of Webster Library Inc, founded in 1976, is a small nonprofit that reported $123K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

To provide financial assistance, on a need basis, to various public libraries throughout New York City and support other charitable organizations.

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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 $123,313

Investment Income $3

Other Revenue $0

TOTAL REVENUE $123,316

Expense Breakdown

Grants Paid $100,195

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $100,195

Other Expenses $31,644

TOTAL EXPENSES $131,839

Year-over-Year Comparison

	2023	2022	Change
Revenue	$123,316	$112,997	+0.1%
Expenses	$131,839	$114,128	+0.2%
Net Income	$-8,523	$-1,131	+6.5%

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

N/A

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
Allison Ramme	Secretary	19.00	Officer Director	$0	$0	$0
Anna R Vivas	Treasurer	19.00	Officer Director	$0	$0	$0
Diane M LaRue	President	19.00	Officer Director	$0	$0	$0
Dorothy Reiss	Vice President	19.00	Officer 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	$123,316	$131,839	$48,785	$-8,523
2023	$112,997	$114,128	$57,308	$-1,131
2022	$70,683	$67,190	$58,439	$3,493
2021	$8	$3,804	$54,946	$-3,796
2020	$101,842	$154,498	$38,742	$-52,656
2020	$101,842	$134,498	$58,742	$-32,656
2019	$105,014	$125,280	$91,398	$-20,266

Friends of Webster Library Inc