Mountain Lakes Free Public Library (EIN 226002122) - 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

1916

Legal Domicile

Phone

9733345095

Tax Period

2024-01-01 to 2024-12-31

Mountain Lakes Free Public Library, founded in 1916, is a small nonprofit in the Education sector that reported $772K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $212K, a strong 27% operating margin.

Mission

The mission of the Mountain Lakes Free Public Library is to provide free access to books, periodicals, magazines, audio, video, digital and internet media

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $455,884

Program Service Revenue $9,578

Investment Income $306,548

Other Revenue $0

TOTAL REVENUE $772,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $381,888

Fundraising Expenses $0

Program Expenses $524,520

Other Expenses $178,240

TOTAL EXPENSES $560,128

Year-over-Year Comparison

	2024	2023	Change
Revenue	$772,010	$678,726	+0.1%
Expenses	$560,128	$477,854	+0.2%
Net Income	$211,882	$200,872	+0.1%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bonnie Cytron	Trustee	3.00	Director	$0	$0	$0
Ann Greek	Trustee	3.00	Director	$0	$0	$0
Bob Burn	Trustee	3.00	Director	$0	$0	$0
Jim Moody	Trustee	3.00	Director	$0	$0	$0
Jonathan Holasek	President	5.00	Officer	$0	$0	$0
Mark Hoffman	Treasurer	10.00	Officer	$0	$0	$0
Gordon Stuss	Vice President	10.00	Officer	$0	$0	$0
Sarita Finnie	Secretary	5.00	Officer	$0	$0	$0
Jennifer Lynch	Manager	40.00		$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	$772,010	$560,128	$3,607,533	$211,882
2023	$678,726	$477,854	$3,532,460	$200,872
2022	$1,020,431	$404,064	$3,412,205	$616,367
2021	$1,029,163	$339,014	$3,410,142	$690,149
2020	$624,123	$342,162	$3,061,414	$281,961
2019	$446,594	$335,995	$2,582,895	$110,599
2018	$395,916	$309,353	$2,052,455	$86,563

Mountain Lakes Free Public Library