NEW HAVEN, CT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)NEW HAVEN READS COMMUNITY BOOK BANK INC, founded in 2005, is a community nonprofit in the Education sector that reported $1.2M in total revenue in fiscal year 2022. Expenses of $1.1M left a modest 11% surplus.
FOUNDED TO SHARE THE JOY AND POWER OF READING, NEW HAVEN READS PARTNERS WITH THE COMMUNITY TO PROVIDE FREE 1-ON-1 TUTORING, EDUCATIONAL FAMILY SUPPORT, AND A BOOK BANK TO EMPOWER ASPIRING READERS TO MASTER LITERACY SKILLS NEEDED TO THRIVE IN SCHOOL AND LIFE.
THE ORGANIZATION RUNS A ONE-ON-ONE TUTORING PROGRAM FOR OVER 350 STUDENTS EACH WEEK. WE UTILIZE COLLEGE STUDENTS AND COMMUNITY VOLUNTEERS TO PROVIDE HIGH QUALITY INSTRUCTION IN READING AND OTHER...
THE ORGANIZATION RUNS A ONE-ON-ONE TUTORING PROGRAM FOR OVER 350 STUDENTS EACH WEEK. WE UTILIZE COLLEGE STUDENTS AND COMMUNITY VOLUNTEERS TO PROVIDE HIGH QUALITY INSTRUCTION IN READING AND OTHER SUBJECTS.
THE ORGANIZATION COLLECTS AND REDISTRIBUTES NEW AND GENTLY USED BOOKS FOR NEEDY ORGANIZATIONS AND INDIVIDUALS. WE DISTRIBUTED OVER 75,000 BOOKS DURING THE FISCAL YEAR AT NO COST TO AREA RESIDENTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $1,243,365 | N/A | N/A |
| Expenses | $1,101,038 | N/A | N/A |
| Net Income | $142,327 | $0 | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LAURIE DESMET | VICE PRESIDENT | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDY BABIAK | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JODI BENJAMIN SCHNEIDER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| GARY WINFIELD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KIRSTEN LEVINSOHN | EXECUTIVE DIRECTOR | 40.00 |
Officer
Director
|
$79,560 | $0 | $79,560 |
| OSCAR SUAREZ | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| TED COHEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ALEX KLEINER | TREASURER | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANNETTE CHARLES | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| JUDITH NACCA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STEPHANIE WILLIS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SUSAN RIGGS | PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| AMY CHIVETTA | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DARA GIBBS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLIE MASON | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| FALLON THOMAS | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| SEBASTIAN WARD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| STUART WARNER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| 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 | $1,243,365 | $1,101,038 | $2,580,602 | $142,327 |
| 2022 | $1,300,040 | $974,335 | $2,344,164 | $325,705 |
| 2021 | $1,265,882 | $935,395 | $2,107,401 | $330,487 |
| 2020 | $1,263,218 | $947,164 | $1,830,932 | $316,054 |
Compare NEW HAVEN READS COMMUNITY BOOK BANK INC with other nonprofits in Connecticut and across the country.