FOUNDATION OF THE SEYMOUR LIBRARY INC (EIN 472577169) - 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

2014

Legal Domicile

Principal Officer

CAROL GRAVETTER

Phone

5856371050

Tax Period

2020-01-01 to 2020-12-31

FOUNDATION OF THE SEYMOUR LIBRARY INC, founded in 2014, is a micro nonprofit in the Human Services sector that reported $26K in total revenue in fiscal year 2020. Revenue surged 194% from the prior year, signaling strong growth momentum. Expenses of $207K exceeded revenue, resulting in a 686% operating deficit.

Mission

THE FOUNDATION OF THE SEYMOUR LIBRARY, INC PROVIDES ADVOCACY, FUNDRAISING AND ASSISTANCE TO STRENGTHEN AND ENHANCE THE SERVICES AND SPACE THE SEYMOUR LIBRARY PROVIDES TO RESIDENCES OF THE BROCKPORT, NY COMMUNITY.

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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 (2020)

Revenue Breakdown

Contributions & Grants $19,076

Program Service Revenue $0

Investment Income $5,570

Other Revenue $1,643

TOTAL REVENUE $26,289

Expense Breakdown

Grants Paid $201,288

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $205,329

Other Expenses $5,341

TOTAL EXPENSES $206,629

Year-over-Year Comparison

	2020	2019	Change
Revenue	$26,289	$8,953	+1.9%
Expenses	$206,629	$118,328	+0.7%
Net Income	$-180,340	$-109,375	+0.6%

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

Employees

N/A

Volunteers

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
CAROL GRAVETTER	PRESIDENT	2.00	Director	$0	$0	$0
LYNNE GARDNER	VICE PRESIDENT	2.00	Director	$0	$0	$0
MARY MARONE	TREASURER	2.00	Director	$0	$0	$0
DONNA MANCUSO	SECRETARY	2.00	Director	$0	$0	$0
LUANNE CENCI	PAST PRESIDENT	0.00	Director	$0	$0	$0
JIM CENCI	BOARD MEMBER	2.00	Officer	$0	$0	$0
AL HAMMEL	BOARD MEMBER	2.00	Officer	$0	$0	$0
ROXANNE JOHNSTON	BOARD MEMBER	2.00	Officer	$0	$0	$0
MARY RICH	BOARD MEMBER	2.00	Officer	$0	$0	$0
LINDA SCHAFFER	BOARD MEMBER	2.00	Officer	$0	$0	$0
MIKE SCHAFFER	BOARD MEMBER	2.00	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
2020	$26,289	$206,629	$67,699	$-180,340
2018	$83,646	$16,806	$357,414	$66,840

FOUNDATION OF THE SEYMOUR LIBRARY INC