SHARON PUBLIC LIBRARY FOUNDATION INC (EIN 262382450) - 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

2008

Legal Domicile

Principal Officer

Venkatesh Garani

Tax Period

2024-07-01 to 2025-06-30

SHARON PUBLIC LIBRARY FOUNDATION INC, founded in 2008, is a small nonprofit in the Education sector that reported $268K in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. The organization ran a surplus of $107K, a strong 40% operating margin.

Mission

The Sharon Public Library Foundation, Inc. (SPLF) is a 501(c)(3) non-profit organization which provides advocacy and financial support to enhance Sharons public library. Our support complements, but does not supplant, the Towns responsibility for funding the Librarys operations. SPLF will provide ongoing funding for long-term enhancements of the library and provide funding for areas of education; equipment and furnishings; landscaping; as well as special projects that are beyond the Town of Sharon funding.

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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 (2024)

Revenue Breakdown

Contributions & Grants $254,422

Program Service Revenue $0

Investment Income $13,560

Other Revenue $0

TOTAL REVENUE $267,982

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $130,020

Other Expenses $160,855

TOTAL EXPENSES $160,855

Year-over-Year Comparison

	2024	2023	Change
Revenue	$267,982	$141,829	+0.9%
Expenses	$160,855	$4,211	+37.2%
Net Income	$107,127	$137,618	-0.2%

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
Sarah Graf	President	10.00	Director	$0	$0	$0
Cheryl Weinstein	Director	10.00	Director	$0	$0	$0
Venkatesh Garani	Treasurer	5.00	Director	$0	$0	$0
Mary Cohen	Clerk	5.00	Director	$0	$0	$0
Pat Olken	Assistant Clerk	5.00	Director	$0	$0	$0
Judith Bookbinder	Director	5.00	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
2025	$267,982	$160,855	$295,741	$107,127

SHARON PUBLIC LIBRARY FOUNDATION INC