Parsippany-troy Hills Public Library Foundation Inc is a 501(c)(3) organization based in Parsippany, New Jersey, registered in 2009, with $385 in FY2025 revenue. CharityIndex grades it F.
Revenue (FY2025)
$385
▼ 71.5% vs prior year
Education median: $200K
Expenses (FY2025)
$3,466
Net assets
$8,586
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Parsippany-troy Hills Public Library Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Parsippany-troy Hills Public Library Foundation Inc: 30 mo reserves · -800% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Parsippany-troy Hills Public Library Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Parsippany-troy Hills Public Library Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $34K (FY2014) to $385 (FY2025) across 12 reported years.
Financial snapshot
Operating margin
-800.3%
Spent more than it raised in the latest fiscal year.
Total assets
$8,586
Net assets
$8,586
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2025 | $385▼71.5% | $3,466▲13.9% | $8,586▼26.4% | $8,586▼26.4% | 990EZ |
| 2024 | $1,350▲136% | $3,042▲123% | $11,667▼12.7% | $11,667▼12.7% | 990EZ |
| 2023 | $571▲118% | $1,363▼6.0% | $13,359▼5.6% | $13,359▼5.6% | 990EZ |
| 2022 | $262▼89.0% | $1,450▲6.5% | $14,151▼6.4% | $14,151▼7.6% | 990EZ |
| 2021 | $2,376▼42.7% | $1,361▼90.4% | $15,119▲7.2% | $15,314▲8.6% | 990EZ |
| 2020 | $4,144▼78.1% | $14,161▼54.3% | $14,104▼31.7% | $14,104▼33.3% | 990EZ |
| 2019 | $18,955▼51.5% | $31,008▼47.9% | $20,640▼36.9% | $21,155▼35.3% | 990EZ |
| 2018 | $39,095▲13.1% | $59,543▲66.1% | $32,693▼38.5% | $32,693▼38.5% | 990EZ |
| 2017 | $34,578▲25.9% | $35,838▲155% | $53,141▼2.2% | $53,141▼2.2% | 990EZ |
| 2016 | $27,461▲143% | $14,067▲4.3% | $54,359▲43.6% | $54,359▲43.6% | 990EZ |
| 2015 | $11,286▼66.4% | $13,491▼51.1% | $37,846▼8.2% | $37,846▼8.2% | 990EZ |
| 2014 | $33,585 | $27,602 | $41,247 | $41,247 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Parsippany-troy Hills Public Library Foundation Inc (EIN 51-0441521) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.