Friends Of The Westfield Memorial Library
Westfield, New Jersey
BHealth Score
59B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$66K
Total Revenue
📊
$39K
Total Expenses
🏦
$391K
Net Assets
📋
$1K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+51.6%
Year-over-year change (2022 → 2023)
Net Margin
+40.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
9.97
Net assets divided by total expenses
Liabilities-to-Assets
0.3%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $65,981↑52% | $39,176↑25% | $391,729↑7% | |
| 2022 | $43,514↓57% | $31,432↑82% | $364,924↓14% | — |
| 2021 | $102,214↑183% | $17,254↓60% | $422,200↑25% | — |
| 2020 | $36,164↓26% | $43,284↓45% | $337,240↓2% | — |
| 2019 | $48,563↑26% | $78,910↑83% | $344,360↓8% | — |
| 2018 | $38,434↓36% | $43,070↑22% | $374,707↑4% | — |
| 2017 | $60,231↑7% | $35,316↑4% | $359,616↑7% | — |
| 2016 | $56,427↓41% | $34,101↓19% | $334,701↑7% | — |
| 2015 | $95,005↑109% | $42,328↑5% | $312,375↑18% | — |
| 2014 | $45,491↓24% | $40,456↓23% | $265,460↑11% | — |
| 2013 | $59,648↑44% | $52,584↑32% | $239,354↑3% | — |
| 2012 | $41,468↓33% | $39,796↑31% | $232,290↑1% | — |
| 2011 | $62,278 | $30,323 | $230,617 | — |
Frequently Asked Questions
What does Friends Of The Westfield Memorial Library do?▼
Friends Of The Westfield Memorial Library is a unclassified nonprofit organization based in New Jersey. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Friends Of The Westfield Memorial Library financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Friends Of The Westfield Memorial Library.
How much revenue does Friends Of The Westfield Memorial Library generate?▼
Friends Of The Westfield Memorial Library reports $89K in annual revenue and holds $438K in total assets, based on IRS filings.
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