TROY PUBLIC LIBRARY FOUNDATION (EIN 223118742) - 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

1990

Legal Domicile

Principal Officer

KEVIN O'BRYAN

Phone

5188695552

Tax Period

2023-01-01 to 2023-12-31

TROY PUBLIC LIBRARY FOUNDATION, founded in 1990, is a micro nonprofit in the Education sector that reported $31K in total revenue in fiscal year 2023. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $43K exceeded revenue, resulting in a 38% operating deficit.

Mission

TO SUPPORT THE TROY PUBLIC LIBRARY

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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 $2,215

Program Service Revenue $0

Investment Income $29,263

Other Revenue $0

TOTAL REVENUE $31,478

Expense Breakdown

Grants Paid $21,368

Salaries & Benefits $5,619

Fundraising Expenses $0

Program Expenses $21,368

Other Expenses $16,499

TOTAL EXPENSES $43,486

Year-over-Year Comparison

	2023	2022	Change
Revenue	$31,478	$22,991	+0.4%
Expenses	$43,486	$50,734	-0.1%
Net Income	$-12,008	$-27,743	-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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KRISTINA ALMQUIST	DIRECTOR	5.00	Director	$0	$0	$0
DEBORAH BYERS	DIRECTOR	5.00	Director	$0	$0	$0
PAUL HOHENBERG	DIRECTOR	5.00	Director	$0	$0	$0
NAOMI INGALLS	DIRECTOR	5.00	Director	$0	$0	$0
EVELYN GREENSTEIN	DIRECTOR	5.00	Director	$0	$0	$0
MARGARET HARVEY	DIRECTOR	5.00	Director	$0	$0	$0
KEVIN O'BRYAN	PRESIDENT	5.00	Officer	$0	$0	$0
MARK PATTISON	TREASURER	5.00	Officer	$0	$0	$0
MARY MULLER	SECRETARY	5.00	Officer	$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	$31,478	$43,486	$858,011	$-12,008
2022	$22,991	$50,734	$785,695	$-27,743
2021	$70,447	$24,431	$1,000,952	$46,016
2020	$26,058	$50,964	$864,142	$-24,906
2019	$31,111	$71,345	$803,471	$-40,234
2018	$34,730	$39,397	$724,936	$-4,667

TROY PUBLIC LIBRARY FOUNDATION