New Hartford Public Library (EIN 222141661) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

Jay Winn

Phone

3157331535

Tax Period

2023-01-01 to 2023-12-31

New Hartford Public Library, founded in 1976, is a small nonprofit that reported $389K in total revenue in fiscal year 2023. Expenses of $545K exceeded revenue, resulting in a 40% operating deficit.

Mission

To provide educational and recreational medium to residents of the Town of New Hartford and the Mid-York Library region.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $377,402

Program Service Revenue $11,434

Investment Income $42

Other Revenue $0

TOTAL REVENUE $388,878

Expense Breakdown

Grants Paid $0

Salaries & Benefits $277,289

Fundraising Expenses $0

Program Expenses $451,823

Other Expenses $267,815

TOTAL EXPENSES $545,104

Year-over-Year Comparison

	2023	2022	Change
Revenue	$388,878	$399,016	0.0%
Expenses	$545,104	$517,448	+0.1%
Net Income	$-156,226	$-118,432	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$65,361

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Anne DuRoss	Director	35.00	Director	$65,361	$0	$65,361
Heather Mowat CPA	Trustee	2.00	Director	$0	$0	$0
Carol Ann D'Accurzio	Vice President	2.00	Officer Director	$0	$0	$0
Virginia Emmert	Trustee	2.00	Director	$0	$0	$0
Raymond L Philo	Treasurer	4.00	Officer Director	$0	$0	$0
Joanne Donaruma-Wade	Trustee	2.00	Director	$0	$0	$0
Lawrence Dunn	Trustee	2.00	Director	$0	$0	$0
Marlene D'Accurzio-Anderson	Secretary	2.00	Officer Director	$0	$0	$0
Jay Winn	President	4.00	Officer Director	$0	$0	$0
Allen G Wilcox	Trustee	1.00	Director	$0	$0	$0
Marie Selvarajah	Trustee	2.00	Director	$0	$0	$0
Aimee MacLagger	Trustee	2.00	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	$388,878	$545,104	$1,926,977	$-156,226
2022	$399,016	$517,448	$2,082,062	$-118,432
2021	$324,882	$465,061	$2,199,218	$-140,179
2020	$321,825	$512,506	$2,346,306	$-190,681
2019	$389,682	$634,425	$2,331,117	$-244,743
2018	$402,322	$539,260	$2,576,563	$-136,938

New Hartford Public Library