Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Dec 1942.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
82 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
9 people listed on the 990; $64K paid to officers and key staff.
Jessica Gueniat’s $76K as Executive Di is at the 17th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Jessica Gueniat | $76,079 | $71,946 | $72,946 | $71,159 | $63,511 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Provides equal access to books, resources, and programs to enrich and empower lives.
Questions for Torrington Library
Your first name shows with your question. Torrington Library answers here, for everyone.
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Circulating library the torrington library operates as a public library, providing print books, periodicals, DVDS, CDS, audiobooks, museum passes, video games, mobile hot spots, electronic RESOURCES/DATABASES, ematerials, and public access computers for public use.
Programming and community outreach the torrington library hosted 300 public events in 2020 for all demographics. Sample programs for adults include musical presenters, lecturers, authors talks, historical character potrayals, film showings, and craft nights.
Community meeting space the torrington library has two meeting rooms available for rent to public. The torrington savings bank community room seats 110 and the meeting room seats 14. Not-for-profit and for-profit organizations can rent the spaces to hold events and meetings.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $190K | $154K |
| InvestmentsLn 11–13 | $27.4M | $28.5M |
| Land, buildings, equipmentLn 10c | $6.2M | $6.0M |
| Total assetsLn 16 | $33.9M | $34.7M |
| LiabilitiesLn 26 | $37K | $31K |
| Net assetsLn 32 | $33.8M | $34.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $64K | $38K | $19K | $6K |
| Other salaries and wagesLn 7 | $403K | $387K | $11K | $5K |
| Other employee benefitsLn 9 | $36K | $30K | $4K | $2K |
| Payroll taxesLn 10 | $39K | $36K | $3K | $974 |
| Accounting feesLn 11c | $15K | $15K | ||
| Investment management feesLn 11f | $115K | $115K | ||
| Other fees for servicesLn 11g | $4K | $4K | ||
| Advertising and promotionLn 12 | $10K | $3K | $766 | $6K |
| Office expensesLn 13 | $5K | $2K | $985 | $2K |
| OccupancyLn 16 | $109K | $105K | $5K | |
| Depreciation, depletion and amortizationLn 22 | $212K | $200K | $12K | |
| InsuranceLn 23 | $32K | $26K | $6K | |
| Other expenses (24a–d)Ln 24 | $129K | $122K | $5K | $1K |
| All other expensesLn 24e | $15K | $15K | ||
| Total functional expensesLn 25 | $1.2M | $970K | $196K | $23K |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $2.3M | $1.6M | $683K | $42.5M | 990 PDF |
| FY2023 | $2.8M | $1.4M | $1.4M | $40.4M | 990 PDF |
| FY2022 | $2.2M | $1.4M | $804K | $40.7M | 990 PDF |
| FY2021 | $2.1M | $1.3M | $775K | $38.9M | 990 PDF |
| FY2020 Viewing | $797K | $1.2M | −$392K | $34.6M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $797,308 revenue, 12 lines filed
Part VI · Governance 8 of 8 board members independent, 3 to look at
Part VIII · Statement of revenue $797,308 across 11 lines filed
Part IX · Statement of functional expenses $1,188,966 across 14 lines filed
Part X · Balance sheet $34,676,374 assets, 12 lines filed
Part XI · Reconciliation of net assets $34,645,016 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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