JACOB SEARS MEMORIAL LIBRARY CORPORATION (EIN 042453627) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1908

Legal Domicile

Principal Officer

PHILLIP CATCHINGS

Phone

5083858151

Tax Period

2024-07-01 to 2025-06-30

JACOB SEARS MEMORIAL LIBRARY CORPORATION, founded in 1908, is a small nonprofit in the Education sector that reported $135K in total revenue in fiscal year 2024. The organization ran a surplus of $25K, a strong 18% operating margin.

Mission

LIBRARY AND EDUCATIONAL SERVICES

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $116,023

Program Service Revenue $3,661

Investment Income $15,709

Other Revenue $0

TOTAL REVENUE $135,393

Expense Breakdown

Grants Paid $75

Salaries & Benefits $56,286

Fundraising Expenses $203

Program Expenses $104,894

Other Expenses $53,997

TOTAL EXPENSES $110,358

Year-over-Year Comparison

	2024	2023	Change
Revenue	$135,393	$135,501	0.0%
Expenses	$110,358	$114,689	0.0%
Net Income	$25,035	$20,812	+0.2%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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
JENNIFER KINDER	TRUSTEE	10.00	Director	$0	$0	$0
DONALD HUNTER	TRUSTEE	10.00	Director	$0	$0	$0
PHILLIP CATCHINGS	PRESIDENT/TREASURER	15.00	Officer Director	$0	$0	$0
BARBARA DURST	CLERK	5.00	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
2025	$135,393	$110,358	$931,905	$25,035
2024	$135,501	$114,689	$845,820	$20,812
2023	$127,102	$96,991	$757,069	$30,111
2022	$102,829	$111,193	$702,357	$-8,364
2021	$101,074	$98,832	$781,984	$2,242
2020	$100,676	$106,215	$697,249	$-5,539

JACOB SEARS MEMORIAL LIBRARY CORPORATION