FRIENDS OF DUCK CREEK REGIONAL LIBRARY (EIN 320260314) - 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

DANA F WATTAY

Phone

3022424522

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF DUCK CREEK REGIONAL LIBRARY, founded in 2008, is a community nonprofit in the Youth Development sector that reported $9.8M in total revenue in fiscal year 2024. Revenue surged 94% from the prior year, signaling strong growth momentum. Expenses of $10.9M exceeded revenue, resulting in a 12% operating deficit.

Mission

FRIENDS OF THE DUCK CREEK REGIONALY LIBRARY IS A 501 (C)(3) NON-PROFIT ORGANIZATION WHOSE MEMBERS ARE DEDICATED TO THE CONSTRUCTION AND OPERATIONS OF THE NEW DUCK CREEK REGIONAL LIBRARY (DCRL). THE FRIENDS ARE COMMITTED TO SUPPORTING THE NEW DUCK CREEK REGIONAL LIBRARY'S MISSION TO PROVIDE A FACILITY AND ENVIRONMENT THAT WILL CONNECT RESIDENTS OF THE SMYRNA SCHOOL DISTRICT, AS WELL AS COMMUNITIES IN THE REGION OF NORTHERN KENT COUNTY AND SOUTHERN NEW CASTLE COUNTY, WITH THEIR HERITAGE AND TO ASSIST THEM WITH THEIR PRESENT CONDITION AND IMPROVE THEIR FUTURE.

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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 $9,611,830

Program Service Revenue $0

Investment Income $153,082

Other Revenue $0

TOTAL REVENUE $9,764,912

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $48,000

Program Expenses $10,876,011

Other Expenses $10,876,011

TOTAL EXPENSES $10,924,011

Year-over-Year Comparison

	2024	2023	Change
Revenue	$9,764,912	$5,043,946	+0.9%
Expenses	$10,924,011	$3,167,429	+2.4%
Net Income	$-1,159,099	$1,876,517	-1.6%

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

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

N/A

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
DANA F WATTAY	TREASURER	N/A	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
2025	$9,764,912	$10,924,011	$963,082	$-1,159,099
2024	$5,043,946	$3,167,429	$2,274,683	$1,876,517
2023	$591,061	$466,419	$398,166	$124,642

FRIENDS OF DUCK CREEK REGIONAL LIBRARY