VALLEY COTTAGE LIBRARY (EIN 136128677) - 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

1959

Legal Domicile

Phone

8452687700

Tax Period

2024-01-01 to 2024-12-31

VALLEY COTTAGE LIBRARY, founded in 1959, is a community nonprofit in the Education sector that reported $2.7M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Net assets of $6.8M represent 31 months of operating reserves.

Mission

Valley Cottage Library a not-for-profit corporation chartered by the New York State Education Department in 1959. It is organized to serve the educational and cultural needs of the community of the Nyack School District. It is concerned with providing materials for literacy, education, and cultural purposes and serves as a community and neighborhood meeting place. The Library is chartered to serve the residents of Valley Cottage (population. 9,038 as of the 2020 US Census) and it also provides equal services to all Nyack Residents. For the year ended December 31, 2024, the Nyack School District provided approximately 91% of the Librarys funding primarily through tax assessments. Operating under a seven-member Board of Trustees, the Library participates in community-driven initiatives and enhancement efforts through developing partnerships within our service area for the benefit of all residents within our chartered area.

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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 $27,086

Program Service Revenue $2,466,086

Investment Income $188,527

Other Revenue $0

TOTAL REVENUE $2,681,699

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,730,586

Fundraising Expenses $0

Program Expenses $2,382,580

Other Expenses $936,112

TOTAL EXPENSES $2,666,698

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,681,699	$2,845,564	-0.1%
Expenses	$2,666,698	$2,531,529	+0.1%
Net Income	$15,001	$314,035	-1.0%

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

$150,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTY BLANCHETTE	Executive Dir.	40.00	Director	$150,000	$0	$150,000
ASHLEY MARAFFINO	ASSISTANT DIRECTOR	0.00		$100,789	$0	$100,789
ARLETTE M MOONEY	Trustee	1.00	Director	$0	$0	$0
JEMAR WARD	Trustee	1.00	Director	$0	$0	$0
MICHAEL MARK	Treasurer	2.00	Officer Director	$0	$0	$0
Melissa L Roy	Secretary	2.00	Officer Director	$0	$0	$0
FRANK DWYER	President	2.00	Officer Director	$0	$0	$0
MARJORIE MCLOUGHLIN	Vice President	2.00	Officer Director	$0	$0	$0
Mary Fiore	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
2024	$2,681,699	$2,666,698	$9,271,816	$15,001
2023	$2,845,564	$2,531,529	$9,253,906	$314,035
2022	$2,461,536	$2,397,924	$8,737,053	$63,612
2021	$2,467,810	$2,266,209	$8,620,075	$201,601
2020	$2,535,775	$2,282,626	$8,422,594	$253,149
2019	$2,415,166	$2,349,199	$8,098,877	$65,967
2018	$2,338,159	$2,336,042	$8,073,805	$2,117

VALLEY COTTAGE LIBRARY