WS CARPENTER FOR LAUREL LIBRARY 003839-000 (EIN 510067533) - 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

1950

Legal Domicile

Phone

3026511942

Tax Period

2023-01-01 to 2023-12-31

WS CARPENTER FOR LAUREL LIBRARY 003839-000, founded in 1950, is a small nonprofit in the Education sector that reported $108K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. Expenses of $151K exceeded revenue, resulting in a 40% operating deficit.

Mission

TRUSTEE SHALL PAY OVER SUCH PART OR ALL OF THE NET INCOME THEREOF AS TRUSTEE MAY DETERMINE, FOR THE OPERATION AND MAINTENANCE OF THE LAUREL DISTRICT LIBRARY SO AS TO PROVIDE REASONABLY EFFICIENT AND EFFECTIVE LIBRARY FACILITIES FOR THE COMMUNITY OF LAUREL, DE.

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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 $0

Program Service Revenue $0

Investment Income $108,118

Other Revenue $0

TOTAL REVENUE $108,118

Expense Breakdown

Grants Paid $112,523

Salaries & Benefits $36,158

Fundraising Expenses $0

Program Expenses $148,681

Other Expenses $2,312

TOTAL EXPENSES $150,993

Year-over-Year Comparison

	2023	2022	Change
Revenue	$108,118	$154,649	-0.3%
Expenses	$150,993	$156,428	0.0%
Net Income	$-42,875	$-1,779	+23.1%

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

N/A

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
N/A	TRUSTEE	1.0		$36,158	$0	$36,158

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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$108,118	$150,993	$2,231,809	$-42,875
2022	$154,649	$156,428	$2,274,984	$-1,779
2021	$324,657	$134,923	$2,269,950	$189,734
2020	$27,917	$130,332	$2,087,703	$-102,415

WS CARPENTER FOR LAUREL LIBRARY 003839-000