NORTH SMITHFIELD PUBLIC LIBRARY EN… - Form 990 Financial Data

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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

1934

Principal Officer

ANGELA PUGLIESE

Phone

4017672780

Tax Period

2024-07-01 to 2025-06-30

NORTH SMITHFIELD PUBLIC LIBRARY ENDOWMENT FUND INC, founded in 1934, is a micro nonprofit in the Education sector that reported $27K in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum.

Mission

PUBLIC LIBRARY PROVIDING ACCESS TO A WIDE VARIETY OF MATERIALS AND SERVICES TO THE COMMUNITY

Program Service Accomplishments

Program 1

THE ORGANIZATION PROVIDES GENERAL LIBRARY SERVICES TO RESIDENTS OF THE TOWN OF NORTH SMITHFIELD. LIBRARY SERVICES TO MEET THE RESIDENTS EDUCATIONAL, CULTURAL AND RECREATIONAL NEEDS.

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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 $0

Program Service Revenue $0

Investment Income $27,475

Other Revenue $0

TOTAL REVENUE $27,475

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$27,475	$16,375	+0.7%
Expenses	N/A	N/A	N/A
Net Income	N/A	$16,375	N/A

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
ARAM JARRET	TRUSTEE	N/A	Director	$0	$0	$0
PAUL DUPUIS	VICE PRESIDE	N/A	Officer	$0	$0	$0
ANGELA PUGLIESE	DIRECTOR	N/A	Officer	$0	$0	$0
STACEY WITTON	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	$27,475	No data	$408,331	No data
2024	$16,375	No data	$380,856	No data
2023	$9,498	No data	$364,481	No data
2022	$12,876	$30	$329,281	$12,846

NORTH SMITHFIELD PUBLIC LIBRARY ENDOWMENT FUND INC