FRIENDS OF THE SARATOGA LIBRARIES (EIN 942831256) - 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

1982

Legal Domicile

Principal Officer

DAVID GUIDRY

Phone

4088675552

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF THE SARATOGA LIBRARIES, founded in 1982, is a small nonprofit that reported $231K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $181K, a strong 78% operating margin.

Mission

Maintain a broad based community organization interested in high quality library services, public attention on library needs and services, providing adequate physical facilities for the Saratoga 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $198,426

Program Service Revenue $0

Investment Income $32,980

Other Revenue $0

TOTAL REVENUE $231,406

Expense Breakdown

Grants Paid $32,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $46,927

Other Expenses $17,837

TOTAL EXPENSES $50,337

Year-over-Year Comparison

	2024	2023	Change
Revenue	$231,406	$209,446	+0.1%
Expenses	$50,337	$115,016	-0.6%
Net Income	$181,069	$94,430	+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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jennifer Van Dalsen	President	002.00	Officer Director	$0	$0	$0
Beth Kingsley	Vice President	002.00	Officer Director	$0	$0	$0
David Guidry	Treasurer	004.00	Officer Director	$0	$0	$0
Carol Schulz	Secretary	002.00	Officer Director	$0	$0	$0
Wayne Innamorato	Development Chair	002.00	Director	$0	$0	$0
Kurt Guttenberg	Assistant Treasurer	002.00	Director	$0	$0	$0
Sheeba Garg	Membership Chair	002.00	Director	$0	$0	$0
Peggy Patrick	Parliamentarian	002.00	Director	$0	$0	$0
Kristi Oberhauser	Communications	002.00	Director	$0	$0	$0
Annie Ying	Community Events Program Chair	002.00	Director	$0	$0	$0
Susan Carter	Financial Advisor	002.00	Director	$0	$0	$0
Kristin Gragnola	Mgr of Retail Operations	020.00	Director	$0	$0	$0
Saralyn Otter	Community Librarian	005.00	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	$231,406	$50,337	$976,697	$181,069
2024	$209,446	$115,016	$795,628	$94,430
2023	$180,610	$113,088	$701,198	$67,522
2022	$192,027	$198,001	$633,676	$-5,974
2021	$150,102	$59,643	$639,650	$90,459
2020	$153,649	$127,526	$549,191	$26,123
2019	$184,845	$172,927	$523,068	$11,918

FRIENDS OF THE SARATOGA LIBRARIES