FENWAY LIBRARY ORGANIZATION INC

EIN: 222790548 501(c)(3) Education

BOSTON, MA

Total Revenue
$2,073,786
Total Expenses
$2,032,301
Total Assets
$3,400,451
Net Assets
$3,098,531
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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
1987
Legal Domicile
MA
Principal Officer
VIVIENNE PIROLI
Phone
6179895032
Tax Period
2024-07-01 to 2025-06-30

FENWAY LIBRARY ORGANIZATION INC, founded in 1987, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

USING THE POWER OF PARTNERSHIP TO NURTURE GROWTH AND INNOVATION IN SMALL TO MEDIUM-SIZED ACADEMIC AND SPECIAL LIBRARIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $131,621
Program Service Revenue $1,813,621
Investment Income $128,544
Other Revenue $0
TOTAL REVENUE $2,073,786

Expense Breakdown

Grants Paid $0
Salaries & Benefits $495,316
Fundraising Expenses $0
Program Expenses $1,837,216
Other Expenses $1,536,985
TOTAL EXPENSES $2,032,301

Year-over-Year Comparison

2024 2023 Change
Revenue $2,073,786 $1,913,303 +0.1%
Expenses $2,032,301 $1,717,775 +0.2%
Net Income $41,485 $195,528 -0.8%
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

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Governance

Voting Members
12
Independent Members
12
Employees
6
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
5
$110,180
Total Directors
13
$110,180
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KAREN STORIN LINITZ DIRECTOR 0.50
Director
$0 $0 $0
HEATHER EDMONDS DIRECTOR 0.50
Director
$0 $0 $0
RICHARD KAPLAN DIRECTOR 0.50
Director
$0 $0 $0
CONSTANCE VRATTOS DIRECTOR 0.50
Director
$0 $0 $0
HEE JUNG LEE PRESIDENT 2.00
Officer Director
$2,080 $0 $2,080
CHERYL MCGRATH DIRECTOR 0.50
Director
$0 $0 $0
VIVIENNE PIROLI TREASURER/DIRECTOR 1.00
Officer Director
$0 $0 $0
RICHARD VALLONE DIRECTOR 0.50
Director
$0 $0 $0
JOSEPH SIKOWITZ EXECUTIVE DIRECTOR 35.00
Officer Director
$108,100 $0 $108,100
DANIEL NEAL VICE PRESIDENT/DIRECTOR 1.00
Officer Director
$0 $0 $0
CAITLIN PEREIRA CLERK/DIRECTOR 0.50
Officer Director
$0 $0 $0
JENNIFER MACAULAY DIRECTOR 0.50
Director
$0 $0 $0
JENNIFER HUNT 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 $2,073,786 $2,032,301 $3,400,451 $41,485
2024 $1,913,303 $1,717,775 $3,285,213 $195,528
2023 $1,511,999 $1,408,793 $2,966,804 $103,206
2022 $1,332,072 $1,178,910 $2,400,280 $153,162
2021 $1,397,793 $1,187,534 $2,511,836 $210,259
2020 $1,332,992 $1,219,617 $2,156,155 $113,375
2019 $1,071,888 $915,903 $2,078,204 $155,985
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