FRIENDS OF THE DOBBS FERRY LIBRARY INC

EIN: 510139473 501(c)(3)

DOBBS FERRY, NY

Total Revenue
$52,894
Total Expenses
$33,105
Total Assets
$660,139
Net Assets
$660,139
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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
1973
Legal Domicile
NY
Principal Officer
MARIA VALLEJO-NGUYEN
Phone
9146936614
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF THE DOBBS FERRY LIBRARY INC, founded in 1973, is a micro nonprofit that reported $53K in total revenue in fiscal year 2024. Revenue surged 52% from the prior year, signaling strong growth momentum. The organization ran a surplus of $20K, a strong 37% operating margin.

Mission

PROMOTE AND PRESERVE A STRONG LOCAL LIBRARY WITHIN THE 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,441
Program Service Revenue $14,078
Investment Income $25,375
Other Revenue $0
TOTAL REVENUE $52,894

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $4,893
Program Expenses $24,932
Other Expenses $33,105
TOTAL EXPENSES $33,105

Year-over-Year Comparison

2024 2023 Change
Revenue $52,894 $34,743 +0.5%
Expenses $33,105 $33,610 0.0%
Net Income $19,789 $1,133 +16.5%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
10

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
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LISA BAI PRESIDENT 15.00
Officer Director
$0 $0 $0
TESS MCDADE VICE PRESIDENT 5.00
Officer Director
$0 $0 $0
MARIA VALLEJO- NGUYEN TREASURER 15.00
Officer Director
$0 $0 $0
SANDRA BERMAN SECRETARY 5.00
Officer 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
2024 $52,894 $33,105 $660,139 $19,789
2023 $34,743 $33,610 $640,350 $1,133
2022 $21,536 $14,388 $637,965 $7,148
2021 $438,662 $10,114 $630,817 $428,548
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