NEW CASTLE PUBLIC LIBRARY

EIN: 256002274 501(c)(3) Education

NEW CASTLE, PA

Total Revenue
$2,091,691
Total Expenses
$1,287,847
Total Assets
$1,956,927
Net Assets
$1,218,137
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
PA
Principal Officer
ANDREW W HENLEY
Phone
7246586659
Tax Period
2023-01-01 to 2023-12-31

NEW CASTLE PUBLIC LIBRARY, founded in 2023, is a community nonprofit in the Education sector that reported $2.1M in total revenue in fiscal year 2023. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $804K, a strong 38% operating margin.

Mission

THE NBSP;PURPOSE NBSP;OF NBSP;THE NBSP;NEW NBSP;CASTLE NBSP;PUBLIC NBSP;LIBRARY NBSP;IS NBSP;TO NBSP;PROVIDE NBSP;FREE NBSP;PUBLIC NBSP;LIBRARY NBSP;SERVICE NBSP;TO NBSP;ALL NBSP;RESIDENTS NBSP;OF NBSP;ITS NBSP;DESIGNATED NBSP;SERVICE NBSP;AREA NBSP;AND NBSP;AS NBSP;FURTHER NBSP;SET NBSP;FORTH NBSP;IN NBSP;ITS NBSP;ARTICLES NBSP;OF NBSP;INCORPORATION NBSP;PURSUANT NBSP;TO NBSP;THE NBSP;PENNSYLVANIA NBSP;NONPROFIT NBSP;CORPORATION NBSP;LAW NBSP;OF NBSP;1988 NBSP;AS NBSP;AMENDED

Program Service Accomplishments

Program 1
Expenses: $551,099

YOUTH SERVICES PROGRAMMING THE YOUTH SERVICES DEPARTMENT PLANS AND COORDINATES INTERACTIVE PROGRAMS FOR YOUTH OF ALL AGES FROM PRE-K TO COLLEGE. THE YOUTH NOT ONLY VISIT THE LIBRARY LOOKING FOR THEIR...

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YOUTH SERVICES PROGRAMMING THE YOUTH SERVICES DEPARTMENT PLANS AND COORDINATES INTERACTIVE PROGRAMS FOR YOUTH OF ALL AGES FROM PRE-K TO COLLEGE. THE YOUTH NOT ONLY VISIT THE LIBRARY LOOKING FOR THEIR NEXT READ AND HOMEWORK HELP OFFERED THROUGH TUDOR.COM BUT THEY TRAVEL TO NEARBY COUNTY PARKS TO BE ACTIVE IN THE FRESH AIR AND LISTEN TO A STORY OR TWO. THERE S BEEN AN INCREASE IN TEEN AND TWEEN ATTENDANCE TO THE LIBRARY SINCE THE FALL OF 2024 WITH A DESIGNATED SPACE JUST FOR TEENS AND OF COURSE FOR A HEALTHY AFTER SCHOOL SNACK.

Program 2
Expenses: $400,799 Revenue: $711

ADULT SERVICES PROGRAMMING THE ADULT SERVICES DEPARTMENT HOSTS CAPTIVATING AND ENGAGING PROGRAMS. THE DEPARTMENT HAS ASSISTED IN SHOWCASING CULTURAL AWARENESS AND IS EXCITED TO INVITE THE TIBETAN...

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ADULT SERVICES PROGRAMMING THE ADULT SERVICES DEPARTMENT HOSTS CAPTIVATING AND ENGAGING PROGRAMS. THE DEPARTMENT HAS ASSISTED IN SHOWCASING CULTURAL AWARENESS AND IS EXCITED TO INVITE THE TIBETAN MONKS TO THE NEW CASTLE AREA IN THE SPRING OF 2025 AFTER A SUCCESSFUL FALL CULTURAL SERIES. AS A SEGMENT OF ADULT SERVICES THE GENEALOGY DIVISION ES A HIGHLY SOUGHT -AFTER RECOURSE THAT PROVIDES RESEARCHERS ALL AROUND THE WORLD WITH ASSESS TO LOCAL AND FAMILY HISTORIES. RESEARCHERS AS FAR AWAY AS ENGLAND HAVE REACHED OUT TO THE LIBRARY FOR ASSISTANCE WITH THEIR QUERIES. DUE TO POPULAR DEMAND IN 2025 THE LIBRARY WILL BE STARTING A GENEALOGY CLUB.

Program 3
Expenses: $50,100

KIDS FRIDGE THE KIDS FRIDGE A VITAL RECOURSE FOR OUR COMMUNITY S YOUTH IS STOCKED WITH NUTRITIOUS SNACKS THANKS TO THE GENEROUS SUPPORT OF LAWRENCE COUNTY EMPTY BOWLS APPLE CASTLE AND THE GREATER...

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KIDS FRIDGE THE KIDS FRIDGE A VITAL RECOURSE FOR OUR COMMUNITY S YOUTH IS STOCKED WITH NUTRITIOUS SNACKS THANKS TO THE GENEROUS SUPPORT OF LAWRENCE COUNTY EMPTY BOWLS APPLE CASTLE AND THE GREATER PITTSBURGH COMMUNITY FOOD BANK. WITH THE RECENT REOPENING OF OUR SECOND FLOOR WE VE WITNESSED A SURGE IN AFTER-SCHOOL VISITORS MANY OF WHOM APPRECIATE A QUICK BITE AS THEY DIVE INTO A GOOD BOOK OR PARTICIPATE IN A LIBRARY EVENT BUS. AS OF NOVEMBER 2024. WE HAVE GIVEN OUT OVER 2000 SNACKS. IN THE UPCOMING YEAR WE AIM TO EXPAND OUR FUNDING FOR THE KIDS FRIDGE ENABLING US TO OFFER MORE SUBSTANTIAL SNACKS TO THESE CHILDREN WHO MAY NOT HAVE ACCESS TO REGULAR MEALS. WHILE IT MAY NOT BE AN OBVIOUS SERVICE OF THE LIBRARY PROVIDING THESE SNACKS PLAYS A CRUCIAL ROLE IN SUPPORTING THE OVERALL WELL-BEING OF OUR YOUTH PATRONS ENSURING THEY ARE FUELED AND READY TO LEARN AND GROW IN ALL ASPECTS OF THEIR LIVES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,048,526
Program Service Revenue $711
Investment Income $30,011
Other Revenue $12,443
TOTAL REVENUE $2,091,691

Expense Breakdown

Grants Paid $0
Salaries & Benefits $656,106
Fundraising Expenses $46,093
Program Expenses $1,001,998
Other Expenses $631,741
TOTAL EXPENSES $1,287,847

Year-over-Year Comparison

2023 2022 Change
Revenue $2,091,691 $1,127,980 +0.9%
Expenses $1,287,847 $1,221,410 +0.1%
Net Income $803,844 $-93,430 -9.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
6
Independent Members
6
Employees
29
Volunteers
15

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
2
$71,411
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW W HENLEY EXECUTIVE DIRECTOR 040.00
Officer
$62,011 $1,000 $63,011
RAYMOND E STOUFFER FINANCIAL OFFICER 040.00
Officer
$8,400 $0 $8,400
PHILIP J TRAMDACK PRESIDENT 001.00
Director
$0 $0 $0
JOSEPH AMBROSINI TREASURER 001.00
Director
$0 $0 $0
TERRI SQUEGLIA TRUSTEE 001.00
Director
$0 $0 $0
DR MICHELE CAMPBELL TRUSTEE 001.00
Director
$0 $0 $0
ATTY DENNIS MCCURDY TRUSTEE 001.00
Director
$0 $0 $0
DR PATRICIA KARDAMBIKIS TRUSTEE 001.00
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 No data No data No data No data
2023 $2,091,691 $1,287,847 $1,956,927 $803,844
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