SELBYVILLE PUBLIC LIBRARY

EIN: 510174853 501(c)(3)

SELBYVILLE, DE

Total Revenue
$4,117,953
Total Expenses
$5,985,218
Total Assets
$727,335
Net Assets
$727,335
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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
1939
Legal Domicile
DE
Principal Officer
Susan Kirsch
Phone
3024368195
Tax Period
2024-07-01 to 2025-06-30

SELBYVILLE PUBLIC LIBRARY, founded in 1939, is a community nonprofit that reported $4.1M in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $6.0M exceeded revenue, resulting in a 45% operating deficit.

Mission

The Selbyville Public Library provides free access to information and library materials to residents and visitors to Sussex County in the State of Delaware.

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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 $4,086,420
Program Service Revenue $18,248
Investment Income $13,285
Other Revenue $0
TOTAL REVENUE $4,117,953

Expense Breakdown

Grants Paid $0
Salaries & Benefits $331,679
Fundraising Expenses $0
Program Expenses $5,985,218
Other Expenses $5,653,539
TOTAL EXPENSES $5,985,218

Year-over-Year Comparison

2024 2023 Change
Revenue $4,117,953 $9,590,199 -0.6%
Expenses $5,985,218 $8,206,251 -0.3%
Net Income $-1,867,265 $1,383,948 -2.3%
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
7
Independent Members
7
Employees
11
Volunteers
15

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
0
$0
Total Directors
8
$66,050
Key Employees
1
$66,050
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Susan Kirsch President 3.00
Director
$0 $0 $0
Donna McClellan Vice President 1.00
Director
$0 $0 $0
Mary Beth Waide Secretary 1.00
Director
$0 $0 $0
Darren Tatum-Poole Treasurer 1.00
Director
$0 $0 $0
Dawn Lakites Member 1.00
Director
$0 $0 $0
Laurie Hall Member 1.00
Director
$0 $0 $0
Kristine Griffin Member 1.00
Director
$0 $0 $0
Kelly Kline Director 37.30
Director Key Emp Highest
$0 $0 $66,050
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 $4,117,953 $5,985,218 $727,335 $-1,867,265
2024 No data No data No data No data
2023 $1,898,161 $966,149 $1,210,653 $932,012
2022 $538,595 $537,085 $278,641 $1,510
2021 $404,716 $434,200 $277,131 $-29,484
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