B โ€” EducationEIN: 237112569ยท Ruling Year: 1984

Morristown And Morris Township Library Foundation

Morristown, New Jersey

A-Health Score
76A-

Financial Health Score

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

Very Good

๐Ÿ’ฐ
$4.5M
Total Revenue
๐Ÿ“Š
$148K
Total Expenses
๐Ÿฆ
$6.6M
Net Assets
๐Ÿ“‹
$116K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3389.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+96.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
44.44
Net assets divided by total expenses
Liabilities-to-Assets
1.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,530,777โ†‘3389%$148,458โ†‘65%$6,712,655โ†‘215%
2022$129,854โ†“53%$90,122โ†‘109%$2,129,166โ†“8%
2021$275,011โ†‘138%$43,131โ†‘11%$2,305,237โ†‘17%
2020$115,618โ†‘7%$38,999โ†“55%$1,968,185โ†‘9%
2019$108,073โ†“41%$87,570โ†“40%$1,810,455โ†‘8%
2018$184,677โ†‘136%$146,181โ†‘173%$1,671,419โ†“3%
2017$78,226โ†“69%$53,576โ†“1%$1,720,295โ†‘5%
2016$250,945โ†‘291%$54,179โ†‘25%$1,637,200โ†‘10%
2015$64,193โ†“80%$43,294โ†“74%$1,489,306โ†“2%
2014$326,999โ†‘136%$164,990โ†‘6%$1,512,073โ†‘12%
2013$138,647โ†“50%$154,995โ†‘468%$1,349,160
2012$276,432โ†‘218%$27,264โ†‘42%$1,353,853โ†‘22%
2011$86,867$19,200$1,106,621

Frequently Asked Questions

What does Morristown And Morris Township Library Foundation do?โ–ผ

Morristown And Morris Township Library Foundation is a education nonprofit organization based in New Jersey. It is classified under NTEE code B71I and is registered as a 501(c) tax-exempt organization with the IRS.

Is Morristown And Morris Township Library Foundation financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Morristown And Morris Township Library Foundation has a score of 76/100 (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 Morristown And Morris Township Library Foundation generate?โ–ผ

Morristown And Morris Township Library Foundation reports $374K in annual revenue and holds $7.0M in total assets, based on IRS filings.

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Morristown And Morris Township Library Foundation โ€” Morristown, NJ | GiveScope