GLEN RIDGE, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF THE GLEN RIDGE LIBRARY, founded in 1998, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $262K in total revenue in fiscal year 2024. The organization ran a surplus of $223K, a strong 85% operating margin.
Friends of the Glen Ridge Library's mission is to stimulate community awareness & use of the Glen Ridge Public Library and to support the library in developing its services and facilities, obtain public support for the Library budget, encourage gifts, endowments & memorials.
The Friends of the Glen Ridge Library is a 501 (c) 3 registered non profit organization that was established in 1978 in an effort to support the Glen Ridge Public Library through advocacy and...
The Friends of the Glen Ridge Library is a 501 (c) 3 registered non profit organization that was established in 1978 in an effort to support the Glen Ridge Public Library through advocacy and fundraising. Since that time, the Friends have sponsored and established many programs, initiatives, and raised funds for various projects to benefit the library and the community. The Friends have successfully raised awareness and funds for past library renovation and rehabilitation projects in 1993 and 2007. Raised funds in 2012 for the digitization of the library's local history collection and renovation of the Local History Archive Room located on the 3rd floor.Sponsored the construction of the Pickup Locker pavilion and purchase of the 24/7 Pickup Lockers. Established an annual Friends of the Library Scholarship for a graduating Glen Ridge senior.Sponsor the Museum Pass Program which provides residents the ability to visit nearby museums for free.Host several annual fundraisers such as the Friends of the Library Town-Wide Yard Sale which has become one of NJ's largest town-wide yard sales and Shredding Day which provides the community the opportunity to bulk shred their documents for a suggested donation.Support the Library's operating budget to enhance services, electronic offerings, programs, and collections, including the maintenance costs of the pickup lockers.Partner with the Borough of Glen Ridge on events such as the Holiday Tree Lighting, Selected Shorts, and Shredding Day; and participate in local events such as the Arts Festival/Eco-Fair and National Night Out.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $262,327 | N/A | N/A |
| Expenses | $39,638 | N/A | N/A |
| Net Income | $222,689 | N/A | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Edward Kastenmeier | Trustee Liason | 2.00 |
Director
|
$0 | $0 | $0 |
| Tina Marie Doody | Trustee Liason | 4.00 |
Director
|
$0 | $0 | $0 |
| Gordon Leavitt | President | 2.00 |
Officer
|
$0 | $0 | $0 |
| Jody Stigliano | Vice President | 2.00 |
Officer
|
$0 | $0 | $0 |
| Jenny Large | Treasurer | 4.00 |
Officer
|
$0 | $0 | $0 |
| Sarah Sheridan | Secretary | 2.00 |
Officer
|
$0 | $0 | $0 |
| Cynthia Garcia | Secretary | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $262,327 | $39,638 | $620,040 | $222,689 |
Compare FRIENDS OF THE GLEN RIDGE LIBRARY with other nonprofits in New Jersey and across the country.