THE BLAIRSVILLE LIBRARY CHARITABLE… - Form 990 Financial Data

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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

2005

Legal Domicile

Principal Officer

MARK GELETKA

Phone

7244590220

Tax Period

2024-01-01 to 2024-12-31

THE BLAIRSVILLE LIBRARY CHARITABLE FOUNDATION, founded in 2005, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $145K in total revenue in fiscal year 2024. Revenue surged 427% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 83% operating margin.

Mission

ENDOWMENT FUND FOR LIBRARY

Program Service Accomplishments

Program 1

Expenses: $23,942

TO ESTABLISH AND MANAGE AN INVESTMENT FUND FROM WHICH ONLY THE ACCUMULATED PROCEEDS WILL BE USED TO FUND THE LIBRARY INTO PERPETUITY.

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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 $13,175

Program Service Revenue $0

Investment Income $131,515

Other Revenue $0

TOTAL REVENUE $144,690

Expense Breakdown

Grants Paid $20,579

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $23,942

Other Expenses $3,363

TOTAL EXPENSES $23,942

Year-over-Year Comparison

	2024	2023	Change
Revenue	$144,690	$27,449	+4.3%
Expenses	$23,942	$27,411	-0.1%
Net Income	$120,748	$38	+3176.6%

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
MONICA BELL	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD HEADRICK	DIRECTOR	1.00	Director	$0	$0	$0
MARY G KOVACIK	DIRECTOR	1.00	Director	$0	$0	$0
MARY BETH KOZAR	DIRECTOR	1.00	Director	$0	$0	$0
JONI MELNICK	DIRECTOR	1.00	Director	$0	$0	$0
CAROL PERSICHETTI	DIRECTOR	1.00	Director	$0	$0	$0
ELAINE J SCHERER	DIRECTOR	1.00	Director	$0	$0	$0
JOE SERWINSKI	DIRECTOR	1.00	Director	$0	$0	$0
ANITA SMITH	DIRECTOR	1.00	Director	$0	$0	$0
SARAH UNCAPHER	DIRECTOR	1.00	Director	$0	$0	$0
MARK GELETKA	PRESIDENT	1.00	Officer	$0	$0	$0
DENNIS GOULD	VICE PRESIDE	1.00	Officer	$0	$0	$0
JUDY MCATEE	SECRETARY	1.00	Officer	$0	$0	$0
GREGORY PERSICHETTI	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
2025	No data	No data	No data	No data
2024	$144,690	$23,942	$614,855	$120,748
2023	$27,449	$27,411	$565,137	$38
2022	$39,908	$29,153	$542,062	$10,755
2021	$58,000	$16,357	$592,190	$41,643
2020	$21,315	$25,161	$476,341	$-3,846
2019	$20,108	$24,616	$483,879	$-4,508
2018	$78,122	$25,308	$418,548	$52,814

THE BLAIRSVILLE LIBRARY CHARITABLE FOUNDATION