FRIENDS OF THE EAST LONGMEADOW PUBLIC LIBRARY INC (EIN 223459668) - 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

1983

Legal Domicile

Tax Period

2022-05-01 to 2023-04-30

FRIENDS OF THE EAST LONGMEADOW PUBLIC LIBRARY INC, founded in 1983, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $36K in total revenue in fiscal year 2022. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $52K exceeded revenue, resulting in a 43% operating deficit.

Mission

THE FRIENDS OF THE EAST LONGMEADOW PUBLIC LIBRARY, INC. IS DEDICATED TO FOSTERING A LOVE OF LIBRARIES, BOOKS, AND READING IN THE EAST LONGMEADOW COMMUNITY. OUR MISSION IS TO ADVOCATE AND FINANCIALLY SUPPORT THE EAST LONGMEADOW 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 (2022)

Revenue Breakdown

Contributions & Grants $13,858

Program Service Revenue $0

Investment Income $22,520

Other Revenue $0

TOTAL REVENUE $36,378

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $38,116

Other Expenses $51,900

TOTAL EXPENSES $51,900

Year-over-Year Comparison

	2022	2021	Change
Revenue	$36,378	$54,915	-0.3%
Expenses	$51,900	$37,255	+0.4%
Net Income	$-15,522	$17,660	-1.9%

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

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
ANN PAIGE	DIRECTOR	1.00	Director	$0	$0	$0
TOM WITOWSKI	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE OHEIR	DIRECTOR	1.00	Director	$0	$0	$0
JOANNE WELCH	DIRECTOR	1.00	Director	$0	$0	$0
LINDA TWYEFFORT	DIRECTOR	1.00	Director	$0	$0	$0
SHARON BELLENOIT	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA BREWSTER-GRAY	DIRECTOR	1.00	Director	$0	$0	$0
BETTY MACLEOD	DIRECTOR	1.00	Director	$0	$0	$0
THERESE MORIARTY	DIRECTOR	1.00	Director	$0	$0	$0
ANITA THEMISTOS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
DIANE TIAGO	PRESIDENT	1.00	Officer	$0	$0	$0
LAURA PALMER	TREASURER	1.00	Officer	$0	$0	$0
TONI RACZKOWSKI	SECRETARY	1.00	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
2023	$36,378	$51,900	$936,057	$-15,522
2022	$54,915	$37,255	$962,436	$17,660
2021	$915,800	$90,806	$1,012,794	$824,994

FRIENDS OF THE EAST LONGMEADOW PUBLIC LIBRARY INC