BEducationEIN: 060655485· Ruling Year: 1952

Godfrey Memorial Library

Middletown, Connecticut

B-Health Score
47B-

Financial Health Score

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

Average

💰
$194K
Total Revenue
📊
$219K
Total Expenses
🏦
$1.3M
Net Assets
📋
$67
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-44.9%
Year-over-year change (2021 → 2023)
Net Margin
-12.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.85
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

9 filings on record
YearRevenueExpensesAssets
2023$194,45945%$219,07220%$1,280,8698%
2021$352,6869%$182,7947%$1,391,57932%
2020$389,489188%$171,4778%$1,050,30820%
2019$135,40118%$186,11436%$876,41513%
2015$165,6775%$289,67513%$774,26119%
2014$173,88330%$257,30013%$952,1656%
2013$249,90216%$294,7197%$1,007,7141%
2012$299,24269%$318,52853%$1,017,46911%
2011$979,427$678,909$1,143,655

Frequently Asked Questions

What does Godfrey Memorial Library do?

Godfrey Memorial Library is a education nonprofit organization based in Connecticut. It is classified under NTEE code B70 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Godfrey Memorial Library financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Godfrey Memorial Library.

How much revenue does Godfrey Memorial Library generate?

Godfrey Memorial Library reports $197K in annual revenue and holds $1.3M in total assets, based on IRS filings.

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