ALBERTINE BOOKS FOUNDATION INC

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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

2011

Legal Domicile

Principal Officer

ALAIN BERNARD

Phone

2124391400

Tax Period

2023-01-01 to 2023-12-31

ALBERTINE BOOKS FOUNDATION INC, founded in 2011, is a small nonprofit in the Arts, Culture & Humanities sector that reported $925K in total revenue in fiscal year 2023. Revenue surged 213% from the prior year, signaling strong growth momentum.

Mission

THE MISSION OF THE ALBERTINE BOOKS FOUNDATION INC. IS TO RAISE PUBLIC AWARENESS OF FRENCH ART, CULTURE, LITERATURE, VISUAL AND PERFORMING ARTS THROUGH : THE ORGANIZATION OF CONFERENCES ON ARTISTIC AND EDUCATION, ACCESS TO EXHIBITIONS AND A READING ROOM AND RESOURCE CENTER FOR INDIVIDUALS INTERESTED IN FRENCH CULTURE AND GRANTS TO ORGANIZATIONS WHICH PROMOTE FRENCH CULTURE

Program Service Accomplishments

Program 1

Expenses: $866,385

THE CREATION OF A FRENCH CULTURAL CENTER, INCLUDING THE RESTORATION OF THE ATELIER IN NEW YORK CITY 972 FIFTH AVENUE

Program 2

Expenses: $105,802

THE PREPARATION OF A ANNUAL PUBLICATION DEDICATED TO ARTS AND IDEAS

Program 3

Expenses: $8,086

A LITTERARY PRIZE

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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 $925,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $925,000

Expense Breakdown

Grants Paid $871,385

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $981,004

Other Expenses $119,481

TOTAL EXPENSES $990,866

Year-over-Year Comparison

	2023	2022	Change
Revenue	$925,000	$295,141	+2.1%
Expenses	$990,866	$219,307	+3.5%
Net Income	$-65,866	$75,834	-1.9%

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
ALAIN BERNARD	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ANTONIN BAUDRY	PRESIDENT	1.00	Officer Director	$0	$0	$0
NICOLAS BOS	SECRETARY	1.00	Officer Director	$0	$0	$0
EMILY HAMILTON	TREASURER	1.00	Officer Director	$0	$0	$0
STEPHAN HAIMO	ASSISTANT TREASURER	1.00	Officer Director	$0	$0	$0
ALEXANDRA LAUVAUX	DIRECTOR	0.50	Director	$0	$0	$0
PAUL LECLERC	DIRECTOR	0.50	Director	$0	$0	$0
IAN BURUMA	DIRECTOR	0.50	Director	$0	$0	$0
DAVID JONES	DIRECTOR	0.50	Director	$0	$0	$0
SARAH MCNALLY	DIRECTOR	0.50	Director	$0	$0	$0
ADAM GOPNIK	DIRECTOR	0.50	Director	$0	$0	$0
ADAM SCHATZ	DIRECTOR	0.50	Director	$0	$0	$0
THOMAS KAPLAN	DIRECTOR	0.50	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
2023	$925,000	$990,866	$150,480	$-65,866
2022	$295,141	$219,307	$193,626	$75,834
2019	$503,800	$105,587	$474,841	$398,213