THE HARVARD LIBRARY IN NEW YORK (EIN 132947755) - 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

1978

Legal Domicile

Principal Officer

ANDREW W VAN HOUTEN

Phone

2128271235

Tax Period

2024-07-01 to 2025-06-30

THE HARVARD LIBRARY IN NEW YORK, founded in 1978, is a small nonprofit that reported $180K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $417K exceeded revenue, resulting in a 132% operating deficit.

Mission

PROVIDE LIBRARY SERVICES TO MEMBERS OF HARVARD CLUB OF NEW YORK CITY AND THE GENERAL PUBLIC.

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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 (2024)

Revenue Breakdown

Contributions & Grants $179,609

Program Service Revenue $0

Investment Income $13

Other Revenue $0

TOTAL REVENUE $179,622

Expense Breakdown

Grants Paid $170,400

Salaries & Benefits $118,695

Fundraising Expenses $0

Program Expenses $341,119

Other Expenses $127,725

TOTAL EXPENSES $416,820

Year-over-Year Comparison

	2024	2023	Change
Revenue	$179,622	$329,755	-0.5%
Expenses	$416,820	$325,241	+0.3%
Net Income	$-237,198	$4,514	-53.5%

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

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
RICHARD M CHAPMAN	PRESIDENT	10.00	Officer Director	$0	$0	$0
STEPHEN T KELLY	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
ANDREW W VAN HOUTEN	TREASURER	10.00	Officer Director	$0	$0	$0
ANNA M CHAPMAN	TRUSTEE	3.00	Director	$0	$0	$0
ADINA COHEN	TRUSTEE	3.00	Director	$0	$0	$0
CATHERINE S CORMAN	TRUSTEE	3.00	Director	$0	$0	$0
ALEX FURER	TRUSTEE	3.00	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	$179,622	$416,820	No data	$-237,198
2024	$329,755	$325,241	$237,198	$4,514
2023	$293,837	$306,100	$241,051	$-12,263
2022	$274,281	$271,466	$244,947	$2,815
2021	$284,142	$160,049	$242,132	$124,093
2020	$211,461	$224,994	$142,954	$-13,533
2019	$321,178	$455,099	$150,710	$-133,921
2018	$321,393	$369,170	$352,294	$-47,777

THE HARVARD LIBRARY IN NEW YORK