HANOVER PUBLIC LIBRARY ASSOCIATION INC (EIN 060850218) - 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

1910

Legal Domicile

Principal Officer

DANIEL FREY

Phone

7176325183

Tax Period

2023-01-01 to 2023-12-31

HANOVER PUBLIC LIBRARY ASSOCIATION INC, founded in 1910, is a small nonprofit that reported $165K in total revenue in fiscal year 2023. Expenses of $225K exceeded revenue, resulting in a 37% operating deficit.

Mission

SUPPORT OF GUTHRIE MEMORIAL PUBLIC LIBRARY IN HANOVER, PENNSYLVANIA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $168,684

Program Service Revenue $0

Investment Income $-3,717

Other Revenue $0

TOTAL REVENUE $164,967

Expense Breakdown

Grants Paid $197,142

Salaries & Benefits $0

Fundraising Expenses $1,463

Program Expenses $197,142

Other Expenses $26,685

TOTAL EXPENSES $225,290

Year-over-Year Comparison

	2023	2022	Change
Revenue	$164,967	$163,566	+0.0%
Expenses	$225,290	$98,370	+1.3%
Net Income	$-60,323	$65,196	-1.9%

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

N/A

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
DANIEL FREY	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRETT HOFFACKER	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
BOBBI LITTLE	SECRETARY	1.00	Officer Director	$0	$0	$0
SUSAN FREY	TREASURER	1.00	Officer Director	$0	$0	$0
BARBARA CARBAUGH	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA EISENHART	DIRECTOR	1.00	Director	$0	$0	$0
SHARON KEBIL-WHISLER	DIRECTOR	1.00	Director	$0	$0	$0
MARK RIGGS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA ROSENSTEEL	DIRECTOR	1.00	Director	$0	$0	$0
JAY ROTH	DIRECTOR	1.00	Director	$0	$0	$0
STEPHEN SHERMAN	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE SWARTZ	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$164,967	$225,290	$3,943,948	$-60,323
2022	$668,468	$118,972	$3,840,853	$549,496
2022	$163,566	$98,370	$3,506,086	$65,196
2021	$345,716	$104,569	$3,818,333	$241,147
2020	$535,919	$107,774	$2,790,929	$428,145
2019	$405,344	$191,364	$2,675,192	$213,980

HANOVER PUBLIC LIBRARY ASSOCIATION INC