OLD TAPPAN FREE PUBLIC LIBRARY ASSOCIATION (EIN 226014528) - 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

1941

Legal Domicile

Principal Officer

GREGG EIBAND

Phone

2016643499

Tax Period

2024-01-01 to 2024-12-31

OLD TAPPAN FREE PUBLIC LIBRARY ASSOCIATION, founded in 1941, is a small nonprofit that reported $755K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. Expenses of $706K left a modest 7% surplus.

Mission

TO PROVIDE AND MAINTAIN A FREE PUBLIC LIBRARY TO THE RESIDENTS OF OLD TAPPAN, NJ AND PARTICIPANTS IN THE BERGEN COUNTY COOPERATIVE LIBRARY SYSTEM.

🔒

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 $723,482

Program Service Revenue $8,081

Investment Income $23,873

Other Revenue $0

TOTAL REVENUE $755,436

Expense Breakdown

Grants Paid $0

Salaries & Benefits $403,845

Fundraising Expenses $0

Program Expenses $597,611

Other Expenses $302,124

TOTAL EXPENSES $705,969

Year-over-Year Comparison

	2024	2023	Change
Revenue	$755,436	$699,030	+0.1%
Expenses	$705,969	$663,400	+0.1%
Net Income	$49,467	$35,630	+0.4%

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

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
SUSAN MEESKE	DIRECTOR	40.00	Highest	$103,293	$0	$103,293
GREGG EIBAND	PRESIDENT	4.00	Officer Director	$0	$0	$0
BRETT KUEHNER	VP - TREASURER	2.00	Officer Director	$0	$0	$0
ARJUN GANDHI	SECRETARY	2.00	Director	$0	$0	$0
CORT GWON	LIASON	2.00	Director	$0	$0	$0
RACHEL RING	TRUSTEE	2.00	Director	$0	$0	$0
ALLISON MAHLER	TRUSTEE	2.00	Director	$0	$0	$0
WENDY KING	TRUSTEE	2.00	Director	$0	$0	$0
TEDDI OSTER	TRUSTEE	2.00	Director	$0	$0	$0
MARILYN ROBERTSON	TRUSTEE	2.00	Director	$0	$0	$0
CHRISTINE WELFEL	TRUSTEE	2.00	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
2024	$755,436	$705,969	$1,368,124	$49,467
2023	$699,030	$663,400	$1,318,657	$35,630
2022	$641,288	$628,116	$1,362,456	$13,172
2021	$607,166	$618,357	$1,426,258	$-11,191
2020	$601,199	$595,440	$1,513,641	$5,759
2019	$637,663	$643,717	$1,587,046	$-6,054
2018	$660,381	$679,955	$1,663,097	$-19,574

OLD TAPPAN FREE PUBLIC LIBRARY ASSOCIATION