FRIENDS OF THE SCARSDALE LIBRARY INC

EIN: 800577361 501(c)(3) Education

SCARSDALE, NY

Total Revenue
$279,836
Total Expenses
$1,073,475
Total Assets
$224,476
Net Assets
$213,182
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2009
Legal Domicile
NY
Principal Officer
MONA LONGMAN
Phone
9147221304
Tax Period
2024-04-01 to 2025-03-31

FRIENDS OF THE SCARSDALE LIBRARY INC, founded in 2009, is a small nonprofit in the Education sector that reported $280K in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $1.1M exceeded revenue, resulting in a 284% operating deficit.

Mission

FRIENDS OF THE SCARSDALE LIBRARY, INC'S ONGOING PRIMARY MISSION IS TO SUPPORT LIBRARY PROGRAMS, SUCH AS ADULT, TEEN AND CHILDREN'S PROGRAMS AND PROVIDE MUSEUM PASSES TO FAMILIES AND INDIVIDUALS. ALL LIBRARY PROGRAMS ARE ARRANGED BY THE STAFF AT THE LIBRARY. IN ADDITION, FRIENDS OF THE SCARSDALE LIBRARY, INC. COORDINATES CAPITAL CAMPAIGNS TO HELP FUND RENOVATIONS AND EXPANSION OF THE LIBRARY.

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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 $182,792
Program Service Revenue $0
Investment Income $4,013
Other Revenue $93,031
TOTAL REVENUE $279,836

Expense Breakdown

Grants Paid $1,022,481
Salaries & Benefits $0
Fundraising Expenses $10,850
Program Expenses $1,044,706
Other Expenses $50,994
TOTAL EXPENSES $1,073,475

Year-over-Year Comparison

2024 2023 Change
Revenue $279,836 $711,947 -0.6%
Expenses $1,073,475 $1,179,267 -0.1%
Net Income $-793,639 $-467,320 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
21
Employees
N/A
Volunteers
21

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
5
$4,830
Total Directors
22
$4,830
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MONA LONGMAN TREASURER 3.00
Officer Director
$4,830 $0 $4,830
SUZANNE ARINSBURG BOARD MEMBER 0.50
Director
$0 $0 $0
JULIE BALSAM BOARD MEMBER 0.50
Director
$0 $0 $0
JESSICA BANDEL BOARD MEMBER 0.50
Director
$0 $0 $0
COLLEEN BROWN BOARD MEMBER 0.50
Director
$0 $0 $0
TO-DAO CASEY BOARD MEMBER 0.50
Director
$0 $0 $0
REBECCA FREEDMAN BOARD MEMBER 0.50
Director
$0 $0 $0
LORRI HARRISON VICE PRESIDE 0.50
Officer Director
$0 $0 $0
KAREN HOGAN BOARD MEMBER 0.50
Director
$0 $0 $0
MARY PAT JONES SECRETARY 0.50
Officer Director
$0 $0 $0
NANCY KAPLAN CO-PRESIDENT 1.00
Officer Director
$0 $0 $0
RENU LALWANI BOARD MEMBER 0.50
Director
$0 $0 $0
MICHELLE LICHTENBERG BOARD MEMBER 0.50
Director
$0 $0 $0
WENDY MACMILLAN BOARD MEMBER 0.50
Director
$0 $0 $0
STACEY MAYER CO-PRESIDENT 1.00
Officer Director
$0 $0 $0
MARGOT MILLBERG BOARD MEMBER 0.50
Director
$0 $0 $0
LAURA SHEPPE MILLER BOARD MEMBER 0.50
Director
$0 $0 $0
PAMELA PEKERMAN BOARD MEMBER 0.50
Director
$0 $0 $0
DANIELA RETELNY BOARD MEMBER 1.00
Director
$0 $0 $0
LAUREN RUBINO BOARD MEMBER 0.50
Director
$0 $0 $0
TOBY MILSTEIN SCHULMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ALLISON ZOLOT BOARD MEMBER 0.50
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
2025 $279,836 $1,073,475 $224,476 $-793,639
2024 $711,947 $1,179,267 $1,021,382 $-467,320
2023 $1,420,823 $244,053 $1,479,611 $1,176,770
2019 $799,871 $1,575,499 $788,474 $-775,628
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