HERITAGE REGIONAL LIBRARY FDN (EIN 010800764) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

JAMES A TYLER JR

Phone

8048292012

Tax Period

2021-01-01 to 2021-12-31

HERITAGE REGIONAL LIBRARY FDN, founded in 2003, is a small nonprofit in the Education sector that reported $356K in total revenue in fiscal year 2018. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $332K, a strong 93% operating margin.

Mission

TO BUILD, EQUIP, AND MAINTAIN PUBLIC LIBRARIES FOR NEW KENT COUNTY, VIRGINIA AND CHARLES CITY COUNTY, VIRGINIA.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $5,945

Program Service Revenue $0

Investment Income $18

Other Revenue $0

TOTAL REVENUE $5,963

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,302

Other Expenses $24,427

TOTAL EXPENSES $24,427

Year-over-Year Comparison

	2021	2020	Change
Revenue	$5,963	$20,838	-0.7%
Expenses	$24,427	$15,150	+0.6%
Net Income	$-18,464	$5,688	-4.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVE MILES	PRESIDENT	N/A	Officer Director	$0	$0	$0
JULIA BOYD	SECRETARY	N/A	Officer Director	$0	$0	$0
JAMES A TYLER JR	TREASURER	N/A	Officer Director	$0	$0	$0
ROBERT NELMS	DIRECTOR	N/A	Director	$0	$0	$0
WILLIAM O'KEEFE	VICE PRESIDE	N/A	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2021	$5,963	$24,427	$123,660	$-18,464
2020	$20,838	$15,150	$142,124	$5,688
2019	$137,594	$1,004,321	$136,436	$-866,727
2018	$355,948	$24,086	$1,003,163	$331,862

HERITAGE REGIONAL LIBRARY FDN