Essex Library Association Inc
Essex, Connecticut
A-Health Score
77A-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Very Good
💰
$1.2M
Total Revenue
📊
$674K
Total Expenses
🏦
$6.7M
Net Assets
📋
$719
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+75.0%
Year-over-year change (2023 → 2024)
Net Margin
+43.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.90
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $1,196,559↑75% | $673,997↑20% | $6,672,223↑18% | |
| 2023 | $683,776↑1% | $561,952↓13% | $5,642,515↑6% | — |
| 2022 | $680,019↓2% | $645,656↑10% | $5,310,772↓10% | — |
| 2021 | $694,030↑48% | $587,937↓1% | $5,893,207↑17% | — |
| 2020 | $469,354↓34% | $596,326↓2% | $5,050,705 | — |
| 2019 | $710,484↑8% | $607,673↑3% | $5,046,197↑1% | — |
| 2018 | $655,525↓3% | $588,423↓8% | $4,977,051↑2% | — |
| 2017 | $674,474↑21% | $639,879 | $4,890,414↓15% | — |
| 2016 | $557,776↓45% | $638,238↓6% | $5,726,938↓5% | — |
| 2015 | $1,018,764↑11% | $678,989↑3% | $6,051,856↓12% | — |
| 2014 | $914,746↑32% | $656,779↑9% | $6,850,509↑7% | — |
| 2013 | $693,027↑7% | $601,975↓1% | $6,397,657↑7% | — |
| 2012 | $646,552↓25% | $606,397↓1% | $5,979,374↓4% | — |
| 2011 | $860,830 | $612,068 | $6,200,878 | — |
Frequently Asked Questions
What does Essex Library Association Inc do?▼
Essex Library Association Inc is a education nonprofit organization based in Connecticut. It is classified under NTEE code B71Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Essex Library Association Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Essex Library Association Inc.
How much revenue does Essex Library Association Inc generate?▼
Essex Library Association Inc reports $901K in annual revenue and holds $7.1M in total assets, based on IRS filings.
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