COHASSET LIBRARY TRUST INC (EIN 205972912) - 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

2006

Legal Domicile

Principal Officer

TREASURER

Phone

7813834102

Tax Period

2023-07-01 to 2024-06-30

COHASSET LIBRARY TRUST INC, founded in 2006, is a small nonprofit in the Education sector that reported $228K in total revenue in fiscal year 2023. The organization ran a surplus of $147K, a strong 65% operating margin.

Mission

Funds advanced to the Paul Pratt Library of Cohasset to sustain the quality of services for the citizens of Cohasset.

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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 $111,077

Program Service Revenue $0

Investment Income $116,720

Other Revenue $0

TOTAL REVENUE $227,797

Expense Breakdown

Grants Paid $75,125

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,125

Other Expenses $5,430

TOTAL EXPENSES $80,555

Year-over-Year Comparison

	2023	2022	Change
Revenue	$227,797	$224,728	+0.0%
Expenses	$80,555	$80,874	0.0%
Net Income	$147,242	$143,854	+0.0%

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

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

$108,771

Total Directors

$108,771

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LINDA COLE	Treasurer	2.00	Officer Director	$0	$0	$108,771
TOM LITTAUER	President	0.50	Director	$0	$0	$0
MARK TOOMEY	Director	0.50	Director	$0	$0	$0
WOODWORTH CHITTICK	Director	0.50	Director	$0	$0	$0
CATHERINE HARVEY	Trustee	0.50	Director	$0	$0	$0
BRET REGAN	Director	0.50	Director	$0	$0	$0
JOY SCHIFFMANN	Director	0.50	Director	$0	$0	$0
JON STAVIS	Director	0.50	Director	$0	$0	$0
DEREK HAYDEN	Director	0.50	Director	$0	$0	$0
BROOK JEWELL	Trustee	0.50	Director	$0	$0	$0
ANNIE KETCHEN	Director	0.50	Director	$0	$0	$0
CINDY MATHEISON	Director	0.50	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	$227,797	$80,555	$1,992,804	$147,242
2023	$224,728	$80,874	$1,845,562	$143,854
2022	$215,521	$76,469	$1,701,708	$139,052
2021	$79,034	$70,278	$1,688,262	$8,756
2019	$90,951	$67,662	$1,663,245	$23,289
2018	$96,021	$66,054	$1,639,956	$29,967

COHASSET LIBRARY TRUST INC