SWAMPSCOTT PUBLIC LIBRARY INV TRUST (EIN 760779954) - 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

2005

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

SWAMPSCOTT PUBLIC LIBRARY INV TRUST, founded in 2005, is a micro nonprofit in the Education sector that reported $2K in total revenue in fiscal year 2023. Expenses of $3K exceeded revenue, resulting in a 61% operating deficit.

Mission

HOLD & MANAGE TRUST PROPERTY IN ACCORDANCE WITH THE TRUST INSTRUMENT & APPLY THE INCOME FROM SUCH PROPERTY, IN TRUSTEES DISCRETION, FOR RENOVATION OR CONSTRUCTION OF THE SWAMPSCOTT PUBLIC LIBRARY BUILDING & REPLACEMENT OR IMPROVEMENT OF FURNISHINGS & EQUIPMENT WITHIN BUILDING.

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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 $2,117

Other Revenue $0

TOTAL REVENUE $2,117

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $3,409

TOTAL EXPENSES $3,409

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,117	$-1,023	-3.1%
Expenses	$3,409	$8,977	-0.6%
Net Income	$-1,292	$-10,000	-0.9%

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

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	Role	Reportable Comp	Other Comp	Total
NEIL DECHILLO	TRUSTEE	Director	$0	$0	$0
DEBBIE FRIEDLANDER	TRUSTEE	Director	$0	$0	$0
JOHANNAH MORGAN	TRUSTEE	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	No data	No data	No data	No data
2023	$2,117	$3,409	$240,186	$-1,292
2023	$2,117	$44,464	$199,133	$-42,347
2022	$-1,023	$8,977	$241,478	$-10,000
2021	$30,768	$4,589	$251,478	$26,179
2020	$-23,251	$54,122	$225,301	$-77,373
2019	$26,345	$4,265	$302,298	$22,080
2018	$38,829	$6,088	$280,218	$32,741

SWAMPSCOTT PUBLIC LIBRARY INV TRUST