METRONET LIBRARY CONSORTIUM

EIN: 205941063

FARMINGTON HILLS, MI

Total Revenue
$301,382
Total Expenses
$294,727
Total Assets
$43,038
Net Assets
$31,747
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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
1993
Legal Domicile
MI
Principal Officer
KELLEY SIEGRIST
Phone
2485530300
Tax Period
2023-07-01 to 2024-06-30

METRONET LIBRARY CONSORTIUM, founded in 1993, is a small nonprofit that reported $301K in total revenue in fiscal year 2023.

Mission

PROMOTING LITERACY THROUGH THE SHARING OF ELECTRONIC RESOURCES AND OTHER MATERIALS THAT OTHERWISE MAY NOT BE AVAILABLE TO PATRONS OF THE LIBRARIES DUE TO COST.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $301,207
Investment Income $175
Other Revenue $0
TOTAL REVENUE $301,382

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $281,707
Other Expenses $294,727
TOTAL EXPENSES $294,727

Year-over-Year Comparison

2023 2022 Change
Revenue $301,382 $306,044 0.0%
Expenses $294,727 $299,212 0.0%
Net Income $6,655 $6,832 0.0%
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

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Governance

Voting Members
7
Independent Members
7
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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TERA MOON PRESIDENT 0.50
Officer Director
$0 $0 $0
CATHY RUSS VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
KELLEY SIEGRIST TREASURER 0.50
Officer Director
$0 $0 $0
REBEKAH CRAFT SECRETARY 0.50
Officer Director
$0 $0 $0
JULIANE MORIAN DIRECTOR 0.50
Director
$0 $0 $0
MARY BEALL DIRECTOR 0.50
Director
$0 $0 $0
EVA DAVIS DIRECTOR 0.50
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 No data No data No data No data
2024 $301,382 $294,727 $43,038 $6,655
2023 $306,044 $299,212 $36,350 $6,832
2022 $312,757 $305,961 $25,331 $6,796
2021 $303,771 $292,307 $39,466 $11,464
2020 $237,709 $195,674 $60,698 $42,035
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