EQUINOX OPEN LIBRARY INITIATIVE INC (EIN 204877798) - 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

2016

Legal Domicile

Principal Officer

LISA CARLUCCI

Phone

7707095555

Tax Period

2023-01-01 to 2023-12-31

EQUINOX OPEN LIBRARY INITIATIVE INC, founded in 2016, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2020.

Mission

EQUINOX OPEN LIBRARY INITIATIVE PROVIDES EXCEPTIONAL SERVICE AND SUPPORT FOR LIBRARY OPEN SOURCE

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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 $2,526,784

Investment Income $10,990

Other Revenue $15,000

TOTAL REVENUE $2,552,774

Expense Breakdown

Grants Paid $7,500

Salaries & Benefits $1,912,677

Fundraising Expenses $0

Program Expenses $2,009,893

Other Expenses $623,804

TOTAL EXPENSES $2,543,981

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,552,774	$2,206,309	+0.2%
Expenses	$2,543,981	$2,186,240	+0.2%
Net Income	$8,793	$20,069	-0.6%

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

N/A

Employees

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

$620,119

Total Directors

$449,182

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL RYLANDER	TRUSTEE, VICE PRESIDENT, SECRETARY	42.00	Officer Director	$119,480	$27,045	$146,525
GALEN CHARLTON	TRUSTEE, PRESIDENT	42.00	Officer Director	$103,671	$16,184	$119,855
ANGELA KILSDONK	OUTGOING TRUSTEE, TREASURER	32.00	Officer Director	$85,018	$16,604	$101,622
JENNIFER WESTON	TRUSTEE, TREASURER	42.00	Officer Director	$68,142	$13,038	$81,180
LISA CARLUCCI	EXECUTIVE DIRECTOR	42.00	Officer	$149,226	$21,711	$170,937

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	$2,552,774	$2,543,981	$772,808	$8,793
2022	$2,206,309	$2,186,240	$1,194,305	$20,069
2021	$2,528,618	$2,017,869	$916,062	$510,749
2020	$1,862,194	$1,860,713	$1,002,590	$1,481

EQUINOX OPEN LIBRARY INITIATIVE INC