BOLIVAR FREE LIBRARY ASSOCIATION (EIN 160837453) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

1905

Legal Domicile

Principal Officer

KELLY LOUNSBURY

Phone

5855934063

Tax Period

2024-01-01 to 2024-12-31

BOLIVAR FREE LIBRARY ASSOCIATION, founded in 1905, is a micro nonprofit in the Education sector that reported $80K in total revenue in fiscal year 2024. Revenue fell 72% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $29K, a strong 37% operating margin.

Mission

TO PROVIDE BOOKS & PROGRAMS TO THE COMMUNITY

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $66,071

Program Service Revenue $0

Investment Income $14,053

Other Revenue $0

TOTAL REVENUE $80,124

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,917

Fundraising Expenses $0

Program Expenses $5,000

Other Expenses $34,784

TOTAL EXPENSES $50,701

Year-over-Year Comparison

	2024	2023	Change
Revenue	$80,124	$285,143	-0.7%
Expenses	$50,701	$79,210	-0.4%
Net Income	$29,423	$205,933	-0.9%

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

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

$7,409

Key Employees

$13,790

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CATHY FULLER	DIRECTOR	20.00	Director Key Emp Highest	$6,743	$0	$6,743
CHRISTINA EVANS	ASSISTANT DIRECTOR	5.00	Director	$666	$0	$666
JENNIFER TARBY	HELPER	20.00	Key Emp	$5,594	$0	$5,594
LOIS LOUNSBERRY	ASSISTANT	5.00	Key Emp	$217	$0	$217
PATRICIA CARNEY	CLEANER	5.00	Key Emp	$1,236	$0	$1,236
KELLY LOUNSBERRY	PRESIDENT	2.00	Officer	$0	$0	$0
PAMELA GRAFFIUS	VICE PRESIDENT	1.00	Officer	$0	$0	$0
MICHELLE CLARK	TRUSTEE	1.00	Director	$0	$0	$0
KARI MARGESON	SECRETARY	1.00	Officer	$0	$0	$0
MICHELLE DUNBAR	TREASURER	1.00	Officer	$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	$80,124	$50,701	$1,086,058	$29,423
2023	$285,143	$79,210	$1,097,811	$205,933
2022	$72,121	$76,567	$825,888	$-4,446
2021	$145,405	$82,213	$888,936	$63,192
2020	$113,365	$70,642	$825,744	$42,723
2019	$152,008	$73,942	$783,021	$78,066
2018	$61,713	$76,735	$722,142	$-15,022

BOLIVAR FREE LIBRARY ASSOCIATION