THE COMMUNITY LIBRARY (EIN 141827832) - 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

1950

Legal Domicile

Principal Officer

LINDA CARPENTER

Phone

5182347897

Tax Period

2023-01-01 to 2023-12-31

THE COMMUNITY LIBRARY, founded in 1950, is a small nonprofit in the Education sector that reported $590K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $150K, a strong 25% operating margin.

Mission

PROVIDE READING, RESEARCH, ETC AND MATERIALS TO 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 (2023)

Revenue Breakdown

Contributions & Grants $576,870

Program Service Revenue $3,562

Investment Income $9,802

Other Revenue $0

TOTAL REVENUE $590,234

Expense Breakdown

Grants Paid $0

Salaries & Benefits $239,427

Fundraising Expenses $0

Program Expenses $383,006

Other Expenses $200,408

TOTAL EXPENSES $439,835

Year-over-Year Comparison

	2023	2022	Change
Revenue	$590,234	$755,872	-0.2%
Expenses	$439,835	$864,791	-0.5%
Net Income	$150,399	$-108,919	-2.4%

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

$53,295

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KIMBERLY ZIMMER	EXECUTIVE DIRECTOR	40.00	Key Emp	$53,295	$0	$53,295
FRED BARNES	TRUSTEE	1.00	Director	$0	$0	$0
HARRIET BERARD	HISTORIAN	1.00	Officer Director	$0	$0	$0
LINDA CARPENTER	TREASURER	5.00	Officer Director	$0	$0	$0
PATRICIA ADAMS	TRUSTEE	1.00	Director	$0	$0	$0
SANDY BREWSTER	TRUSTEE	1.00	Director	$0	$0	$0
VIRGINIA DOWNS	SECRETARY/FINANCIAL ASSISTANT	5.00	Officer Director	$0	$0	$0
CINDY BARTON	TRUSTEE	1.00	Director	$0	$0	$0
REBECCA LEGGIERI	PRESIDENT	5.00	Officer Director	$0	$0	$0
JANET SAND	TRUSTEE	1.00	Director	$0	$0	$0
NATHAN DAVIS	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JULIA WALTER	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	No data	No data	No data	No data
2023	$590,234	$439,835	$3,573,094	$150,399
2022	$755,872	$864,791	$2,930,846	$-108,919
2021	$348,861	$340,291	$3,068,092	$8,570
2020	$557,311	$299,319	$3,029,209	$257,992
2019	$458,284	$282,281	$2,771,386	$176,003
2018	$338,550	$276,760	$2,594,006	$61,790

THE COMMUNITY LIBRARY