FRIENDS OF THE PRINCETON PUBLIC LI… - Form 990 Financial Data

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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

1963

Legal Domicile

Principal Officer

NICOLE KATZ

Phone

6099249529

Tax Period

2021-01-01 to 2021-12-31

FRIENDS OF THE PRINCETON PUBLIC LIBRARY, founded in 1963, is a small nonprofit that reported $196K in total revenue in fiscal year 2021. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $42K, a strong 21% operating margin.

Mission

THE PURPOSE OF THE FRIENDS OF THE PRINCETON PBULIC LIBRARY IS TO RAISE FUNDS FOR THE SUPPORT OF THE FREE PUBLIC LIBRARY OF PRINCETON AND OTHERWISE TO FURTHER THE INTERESTS AND PROGRAMS OF THE LIBRARY.

Program Service Accomplishments

Program 1

Expenses: $77,095 Revenue: $118,991

TO PROVIDE FUNDS TO THE LIBRARY FOR PURCHASES OF LIBRARY MATERIAL AND FOR ITS GENERAL SUPPORT, AND TO INCREASE COMMUNITY ENGAGEMENT.

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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 (2021)

Revenue Breakdown

Contributions & Grants $75,455

Program Service Revenue $118,991

Investment Income $1,567

Other Revenue $400

TOTAL REVENUE $196,413

Expense Breakdown

Grants Paid $77,095

Salaries & Benefits $0

Fundraising Expenses $32,671

Program Expenses $77,095

Other Expenses $77,304

TOTAL EXPENSES $154,399

Year-over-Year Comparison

	2021	2020	Change
Revenue	$196,413	$163,919	+0.2%
Expenses	$154,399	$161,380	0.0%
Net Income	$42,014	$2,539	+15.5%

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
ANDREA BRADLEY	PRESIDENT	10.0	Officer Director	$0	$0	$0
DINA SHAW	FIRST VICE PRESIDENT	10.0	Officer Director	$0	$0	$0
MELISSA GRZYMALA	SECOND VICE PRESIDENT	10.0	Officer Director	$0	$0	$0
BETH LEMAN	SECRETARY	10.0	Officer Director	$0	$0	$0
NICOLE KATZ	TREASURER	10.0	Officer Director	$0	$0	$0
SHALU NASO	ASST. TREASURER (EFF. 2/1/21)	10.0	Officer Director	$0	$0	$0
MICHELLE BAXTER	COUNCIL MEMBER	5.0	Director	$0	$0	$0
JULIA BENEDICT	COUNCIL MEMBER	5.0	Director	$0	$0	$0
AUDREY EGGER	COUNCIL MEMBER	5.0	Director	$0	$0	$0
JANE FRANSSON	COUNCIL MEMBER	5.0	Director	$0	$0	$0
PETER HAM	COUNCIL MEMBER	5.0	Director	$0	$0	$0
DARREN HAMMELL	COUNCIL MEMBER	5.0	Director	$0	$0	$0
VERONIKA HAUSLE-KALABACOS	COUNCIL MEMBER	5.0	Director	$0	$0	$0
RUPERT HINTON	COUNCIL MEMBER	5.0	Director	$0	$0	$0
SEVA KRAMER	COUNCIL MEMBER	5.0	Director	$0	$0	$0
PATRICIA MEYER	COUNCIL MEMBER	5.0	Director	$0	$0	$0
JENNA ROSS	COUNCIL MEMBER	5.0	Director	$0	$0	$0
KAREN ZEMBLE	COUNCIL MEMBER	5.0	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
2021	$196,413	$154,399	$3,260	$42,014
2020	$163,919	$161,380	$260,718	$2,539
2019	$358,682	$371,508	$237,589	$-12,826
2018	$358,103	$293,125	$304,551	$64,978

FRIENDS OF THE PRINCETON PUBLIC LIBRARY