MORGAN COUNTY PUBLIC LIBRARY (EIN 202136579) - 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

2006

Legal Domicile

Principal Officer

CONNIE FEAGANS

Phone

7653425989

Tax Period

2025-01-01 to 2025-12-31

MORGAN COUNTY PUBLIC LIBRARY, founded in 2006, is a micro nonprofit in the Education sector that reported $24K in total revenue in fiscal year 2025. Revenue fell 52% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $5K, a strong 20% operating margin.

Mission

TO RECEIVE ADMINISTER AND DISTRIBUTE PROPERTY FOR THE BENEFIT OF THE MORGAN COUNTY PUBLIC LIBRARY, A PUBLIC LIBRARY ORGANIZED UNDER THE STATUES OF THE STATE OF INDIANA

🔒

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 (2025)

Revenue Breakdown

Contributions & Grants $7,901

Program Service Revenue $0

Investment Income $16,166

Other Revenue $0

TOTAL REVENUE $24,067

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,806

Other Expenses $19,275

TOTAL EXPENSES $19,275

Year-over-Year Comparison

	2025	2024	Change
Revenue	$24,067	$50,653	-0.5%
Expenses	$19,275	$4,691	+3.1%
Net Income	$4,792	$45,962	-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

N/A

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
KRISTA LEDBETTER	DIRECTOR	2.00	Director	$0	$0	$0
DEBRA HENDRICKSON	DIRECTOR	2.00	Director	$0	$0	$0
JUDY RUMBAUGH	DIRECTOR	2.00	Director	$0	$0	$0
JAIME HEACOCK	DIRECTOR	2.00	Director	$0	$0	$0
DEE SIMERL	N/A	2.00	Director	$0	$0	$0
KATIE BARNARD	TREASURER	2.00	Officer	$0	$0	$0
CONNIE FEAGANS	PRESIDENT	2.00	Officer	$0	$0	$0
MAURINE BRAY	SECRETARY	2.00	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
2025	$24,067	$19,275	$703,967	$4,792
2024	No data	No data	No data	No data
2023	$9,146	$2,436	$511,143	$6,710
2022	$8,524	$422	$504,433	$8,102
2021	$10,899	$424	$461,982	$10,475
2020	$11,764	$31,319	$451,507	$-19,555
2019	$11,441	$5,867	$471,062	$5,574
2018	$11,021	$5,524	$465,488	$5,497

MORGAN COUNTY PUBLIC LIBRARY