Allentown Public Library Association Inc (EIN 222137289) - 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

1965

Legal Domicile

Principal Officer

Joan Ruddiman

Phone

6092597565

Tax Period

2024-01-01 to 2024-12-31

Allentown Public Library Association Inc, founded in 1965, is a micro nonprofit in the Education sector that reported $84K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year. Net assets of $555K represent 80 months of operating reserves.

Mission

Public Library

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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 $49,914

Program Service Revenue $0

Investment Income $17,965

Other Revenue $15,663

TOTAL REVENUE $83,542

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $85,512

Other Expenses $85,512

TOTAL EXPENSES $85,512

Year-over-Year Comparison

	2024	2023	Change
Revenue	$83,542	$96,487	-0.1%
Expenses	$85,512	$88,303	0.0%
Net Income	$-1,970	$8,184	-1.2%

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
Joan Ruddiman	President	20.00	Officer	$0	$0	$0
Patricia Brown	Vice President	20.00	Officer	$0	$0	$0
Bill Banghart	Treasurer	20.00	Officer	$0	$0	$0
Amanda J Sacco	Secretary	20.00	Officer	$0	$0	$0
Chelsea Brook	Board Member	5.00	Director	$0	$0	$0
Colleen Henkin	Board Member	5.00	Director	$0	$0	$0
Jim Ferdetta	Board Member	5.00	Director	$0	$0	$0
Molly Tew	Board Member	5.00	Director	$0	$0	$0
Ely Sluder	Board Member	5.00	Director	$0	$0	$0
Debbie McCormick	Board Member	5.00	Director	$0	$0	$0
Valerie Szalanczy	Board Member	5.00	Director	$0	$0	$0
Nicholas Truhan	Board Member	5.00	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	$83,542	$85,512	$556,532	$-1,970
2023	$96,487	$88,303	$558,502	$8,184
2022	$61,777	$100,529	$550,182	$-38,752
2021	$59,161	$83,562	$588,934	$-24,401
2020	$61,485	$58,772	$613,116	$2,713
2019	$70,307	$56,041	$610,123	$14,266
2018	$44,761	$55,689	$594,928	$-10,928

Allentown Public Library Association Inc