FOUNDATION FOR SOUTH ORANGE PUBLIC LIBRARY

EIN: 463320764 501(c)(3) Arts, Culture & Humanities

South Orange, NJ

Total Revenue
$527,717
Total Expenses
$127,818
Total Assets
$1,355,931
Net Assets
$1,355,931
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2013
Legal Domicile
NJ
Principal Officer
Laura Epstein
Phone
9175097792
Tax Period
2025-01-01 to 2025-12-31

FOUNDATION FOR SOUTH ORANGE PUBLIC LIBRARY, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $528K in total revenue in fiscal year 2025. The organization ran a surplus of $400K, a strong 76% operating margin.

Mission

The Mission of the Foundation for the South Orange Public Library, a nonprofit 501(c)3 organization, is to support excellence at the South Orange Public Library in a state-of-the-art facility by generating private-sector support and other funding. The Foundation solicits, receives and administers gifts and grants for: capital improvements; reserves, funds and/or endowments; and special projects that fall outside of the scope of the library's municipally-funded budget. All funds raised by the Foundation are solely for the benefit of the South Orange Public Library.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $480,634
Program Service Revenue $0
Investment Income $38,943
Other Revenue $8,140
TOTAL REVENUE $527,717

Expense Breakdown

Grants Paid $120,000
Salaries & Benefits $0
Fundraising Expenses $6,340
Program Expenses $120,000
Other Expenses $7,818
TOTAL EXPENSES $127,818

Year-over-Year Comparison

2025 2024 Change
Revenue $527,717 $545,081 0.0%
Expenses $127,818 $14,837 +7.6%
Net Income $399,899 $530,244 -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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Governance

Voting Members
12
Independent Members
12
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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Laura Epstein President 15.00
Officer Director
$0 $0 $0
Heidi Lee Vice President 0.50
Officer Director
$0 $0 $0
Stephen Weiss Secretary 0.50
Officer Director
$0 $0 $0
Jillian Howell Treasurer 5.00
Officer Director
$0 $0 $0
Madeline Haigentz Director 0.50
Director
$0 $0 $0
Petra Chu Director 0.50
Director
$0 $0 $0
Judith Stark Director 0.50
Director
$0 $0 $0
Marietta Zacker Director 2.00
Director
$0 $0 $0
Tonia Moore Director 0.50
Director
$0 $0 $0
Susan Haig Director 0.50
Director
$0 $0 $0
Sandra Dickerson Director 0.50
Director
$0 $0 $0
Tracy Carroll 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
2025 $527,717 $127,818 $1,355,931 $399,899
2024 $545,081 $14,837 $956,032 $530,244
2023 $224,472 $98,343 $425,786 $126,129
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