BEducationEIN: 042121328· Ruling Year: 1979

Concord Free Public Library Corporation

Concord, Massachusetts

A-Health Score
75A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org19.76×
Peer Median20.77×
💰
$1.7M
Total Revenue
📊
$1.7M
Total Expenses
🏦
$33.5M
Net Assets
📋
$340K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-50.8%
Year-over-year change (2022 → 2023)
Net Margin
-0.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
19.76
Net assets divided by total expenses
Liabilities-to-Assets
1.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,682,24351%$1,695,85724%$33,845,9591%
2022$3,420,97996%$1,363,2735%$34,061,5954%
2021$1,748,3572%$1,296,5252%$35,599,00213%
2020$1,720,61563%$1,270,128$31,640,9623%
2019$4,602,91355%$1,273,9857%$30,599,19212%
2018$2,970,875109%$1,194,92012%$27,356,1536%
2017$1,420,38839%$1,065,43218%$25,794,8665%
2016$1,018,4338%$1,301,66827%$24,455,2444%
2015$1,111,18525%$1,022,2441%$25,397,5993%
2014$1,471,92949%$1,015,6591%$26,152,2554%
2013$2,865,32360%$1,005,98919%$25,092,4653%
2012$7,168,249532%$847,65316%$24,383,73639%
2011$1,133,768$731,331$17,481,999

Frequently Asked Questions

What does Concord Free Public Library Corporation do?

Concord Free Public Library Corporation is a education nonprofit organization based in Massachusetts. It is classified under NTEE code B71Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Concord Free Public Library Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Concord Free Public Library Corporation has a score of 75/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Concord Free Public Library Corporation generate?

Concord Free Public Library Corporation reports $1.8M in annual revenue and holds $35.6M in total assets, based on IRS filings.

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