Albany, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The RED Bookshelf Inc, founded in 2016, is a small nonprofit in the Education sector that reported $277K in total revenue in fiscal year 2023.
Children choose quality books from Red Bookshelves and at events. Children keep the books to build home libraries & improve literacy. Volunteers mend & deliver books.
More than 10,000 children selected 50,692 free, high-quality reconditioned books from our Red Bookshelves or at one of many community events and school programs. Children keep the books to build home...
More than 10,000 children selected 50,692 free, high-quality reconditioned books from our Red Bookshelves or at one of many community events and school programs. Children keep the books to build home libraries & increase literacy. In order to provide the free books, we received 7,500 hours of community service from 1,100 volunteers who mend books for children. Over 76,000 reconditioned books were placed on our shelves in 2023.
The organization conducted numerous reading and literacy programs for children, as well as author and career workshops to educate children about future careers which become possible due to their...
The organization conducted numerous reading and literacy programs for children, as well as author and career workshops to educate children about future careers which become possible due to their improved literacy. These were held at local schools and community centers.There were also purchases of a large quantity of new, diverse books which were utilized for our literacy programming events and to create a more appealing selection of books on our free Red Bookshelves. These supplement the types of books which are donated by community members.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $277,307 | $279,298 | 0.0% |
| Expenses | $293,588 | $264,866 | +0.1% |
| Net Income | $-16,281 | $14,432 | -2.1% |
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 |
|---|---|---|---|---|---|---|
| Deborah Nazon | Board member | 5.00 |
Director
|
$0 | $0 | $0 |
| Kateri Brown Trippany | Board member | 5.00 |
Director
|
$0 | $0 | $0 |
| Holly Zuber | Board member | 5.00 |
Director
|
$0 | $0 | $0 |
| Tracy Berger | Board member | 5.00 |
Director
|
$0 | $0 | $0 |
| Jessica Ottitigbe | Board member | 5.00 |
Director
|
$0 | $0 | $0 |
| Douglas Ebersman | President | 10.00 |
Officer
|
$0 | $0 | $0 |
| Susan Pedo | Vice President | 5.00 |
Officer
|
$0 | $0 | $0 |
| Currently vacant | Treasurer | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $277,307 | $293,588 | $33,594 | $-16,281 |
| 2022 | $279,298 | $264,866 | $49,875 | $14,432 |
| 2021 | $202,126 | $205,005 | $35,443 | $-2,879 |
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