FRIENDS OF THE GLENSIDE FREE LIBRARY (EIN 231352311) - 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

1927

Legal Domicile

Principal Officer

JOSEPH TRAINER

Phone

2158850455

Tax Period

2025-01-01 to 2025-12-31

FRIENDS OF THE GLENSIDE FREE LIBRARY, founded in 1927, is a micro nonprofit that reported $27K in total revenue in fiscal year 2025. Revenue fell 42% from the prior year — a significant decline worth monitoring. Expenses of $58K exceeded revenue, resulting in a 110% operating deficit.

Mission

PROVIDE FINANCIAL SUPPORT FOR THE CHELTENHAM TOWNSHIP GLENSIDE LIBRARY THROUGH PUBLIC ADVOCACY FOR STATE AND LOCAL FUNDING AS WELL AS FUNDRAISING IN THE PRIVATE SECTOR.

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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 (2025)

Revenue Breakdown

Contributions & Grants $4,817

Program Service Revenue $0

Investment Income $21,685

Other Revenue $874

TOTAL REVENUE $27,376

Expense Breakdown

Grants Paid $51,454

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $51,454

Other Expenses $6,091

TOTAL EXPENSES $57,545

Year-over-Year Comparison

	2025	2024	Change
Revenue	$27,376	$46,922	-0.4%
Expenses	$57,545	$62,352	-0.1%
Net Income	$-30,169	$-15,430	+1.0%

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
BETSY GABRIEL	PRESIDENT	1.00	Officer Director	$0	$0	$0
NATALIE SIMON	SECRETARY	1.00	Officer Director	$0	$0	$0
JOSEPH TRAINER	TREASURER	1.00	Officer 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
2025	$27,376	$57,545	$305,939	$-30,169
2024	No data	No data	No data	No data
2023	$19,014	$50,435	$338,271	$-31,421
2022	$42,955	$45,770	$352,531	$-2,815

FRIENDS OF THE GLENSIDE FREE LIBRARY