Cortland Free Library Inc
Cortland, New York
B+Health Score
72B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
How This Organization Compares
Compared to 4 peers in Education with $1M-$10M revenue
Working Capital Ratio (net assets ÷ expenses)
This Org8.50×
Peer Median20.77×
💰
$713K
Total Revenue
📊
$672K
Total Expenses
🏦
$5.7M
Net Assets
📋
$586K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-3.5%
Year-over-year change (2022 → 2023)
Net Margin
+5.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.50
Net assets divided by total expenses
Liabilities-to-Assets
9.3%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $713,181↓3% | $671,734↑3% | $6,295,417↑16% | — |
| 2022 | $739,039↓5% | $654,981↑1% | $5,420,431↓9% | — |
| 2021 | $777,444↑6% | $651,227↑8% | $5,937,679↑7% | — |
| 2020 | $730,258↑25% | $602,379↑9% | $5,544,831↑5% | — |
| 2019 | $581,986↑4% | $555,054↓4% | $5,292,952↑13% | — |
| 2018 | $560,928↑23% | $579,918↓1% | $4,669,003↓6% | — |
| 2017 | $457,115↓25% | $585,221↑11% | $4,990,726↑3% | — |
| 2016 | $606,803↓14% | $528,991↑9% | $4,867,786↑2% | — |
| 2015 | $706,572↑20% | $485,763↑1% | $4,750,673↓5% | — |
| 2014 | $587,979↓27% | $482,560↓5% | $5,016,442↓2% | — |
| 2013 | $810,692↓23% | $507,104↓10% | $5,100,687↑16% | — |
| 2012 | $1,049,416↑45% | $564,800↑11% | $4,400,477↑12% | — |
| 2011 | $725,430 | $507,660 | $3,912,664 | — |
Frequently Asked Questions
What does Cortland Free Library Inc do?▼
Cortland Free Library Inc is a education nonprofit organization based in New York. It is classified under NTEE code B71Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Cortland Free Library Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Cortland Free Library Inc.
How much revenue does Cortland Free Library Inc generate?▼
Cortland Free Library Inc reports $1.1M in annual revenue and holds $6.8M in total assets, based on IRS filings.