WEST TISBURY LIBRARY FOUNDATION INC (EIN 271785670) - 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

2010

Legal Domicile

Principal Officer

DAN WATERS

Phone

5085602011

Tax Period

2023-01-01 to 2023-12-31

WEST TISBURY LIBRARY FOUNDATION INC, founded in 2010, is a small nonprofit in the Education sector that reported $162K in total revenue in fiscal year 2023. Revenue fell 58% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $69K, a strong 42% operating margin.

Mission

TO PROMOTE AND ADVOCATE FOR THE MAINTENANCE, IMPROVEMENT, RENOVATION, EXPANSION AND SUPPORT OF THE WEST TISBURY FREE PUBLIC LIBRARY, INCLUDING THE LIBRARY BUILDINGS AND GROUNDS, AND SUPPORT OF COLLECTIONS, PROGRAMS AND SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $108,774

Program Service Revenue $0

Investment Income $53,597

Other Revenue $0

TOTAL REVENUE $162,371

Expense Breakdown

Grants Paid $65,000

Salaries & Benefits $0

Fundraising Expenses $12,633

Program Expenses $66,136

Other Expenses $28,527

TOTAL EXPENSES $93,527

Year-over-Year Comparison

	2023	2022	Change
Revenue	$162,371	$385,831	-0.6%
Expenses	$93,527	$85,389	+0.1%
Net Income	$68,844	$300,442	-0.8%

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

N/A

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
VALERIE BECKER	DIRECTOR	5.00	Officer Director	$0	$0	$0
JOHN RAU	TREASURER, DIRECTOR	5.00	Officer Director	$0	$0	$0
LINDA HEARN	SECRETARY, DIRECTOR	5.00	Officer Director	$0	$0	$0
JOAN THOMAS	DIRECTOR	5.00	Director	$0	$0	$0
SUSAN STRAIGHT	DIRECTOR	5.00	Director	$0	$0	$0
JUDITH BIRSH	DIRECTOR	5.00	Director	$0	$0	$0
SUSAN FELLER	DIRECTOR	5.00	Director	$0	$0	$0
BOB DROGIN	DIRECTOR	5.00	Director	$0	$0	$0
DAN WATERS	EXECUTIVE DIRECTOR	5.00	Officer	$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	$162,371	$93,527	$1,033,940	$68,844
2022	$385,831	$85,389	$898,657	$300,442
2021	$196,368	$81,532	$734,553	$114,836
2020	$156,129	$73,105	$612,922	$83,024
2019	$177,082	$90,794	$493,496	$86,288
2018	$154,187	$77,774	$384,949	$76,413

WEST TISBURY LIBRARY FOUNDATION INC