ZUnclassifiedEIN: 150617698· Ruling Year: 1971

North Country Library System

Watertown, New York

B+Health Score
69B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.28×
Peer Median15.40×
💰
$2.6M
Total Revenue
📊
$2.7M
Total Expenses
🏦
$3.4M
Net Assets
📋
$1.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-14.4%
Year-over-year change (2022 → 2023)
Net Margin
-2.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.28
Net assets divided by total expenses
Liabilities-to-Assets
27.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,608,79514%$2,680,3856%$4,690,59911%
2022$3,046,93028%$2,860,04418%$5,245,3481%
2021$2,373,0151%$2,421,1703%$5,322,58619%
2020$2,350,43614%$2,340,52117%$4,460,00411%
2019$2,723,8053%$2,825,9902%$4,017,85010%
2018$2,794,40110%$2,885,61512%$4,439,8591%
2017$2,534,3384%$2,567,3297%$4,494,7458%
2016$2,629,89412%$2,402,302$4,175,8526%
2015$2,348,4583%$2,409,675$3,952,20920%
2014$2,426,04022%$2,420,91738%$4,946,499
2013$1,986,6172%$1,755,7513%$4,928,2434%
2012$1,940,0635%$1,807,4748%$4,719,6141%
2011$1,840,445$1,967,378$4,688,422

Frequently Asked Questions

What does North Country Library System do?

North Country Library System is a unclassified nonprofit organization based in New York. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is North Country Library System financially healthy?

Based on our 9-metric Financial Health Score model, North Country Library System has a score of 69/100 (Grade: B+). 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 North Country Library System generate?

North Country Library System reports $3.2M in annual revenue and holds $4.8M in total assets, based on IRS filings.

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North Country Library System — Watertown, NY | GiveScope