LANSDALE LIBRARY ASSOCIATION (EIN 231410936) - 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

1948

Legal Domicile

Principal Officer

JOHN J ERNST

Phone

2158553228

Tax Period

2023-01-01 to 2023-12-31

LANSDALE LIBRARY ASSOCIATION, founded in 1948, is a small nonprofit that reported $501K in total revenue in fiscal year 2023. Expenses of $636K exceeded revenue, resulting in a 27% operating deficit.

Mission

THE ORGANIZATION'S PURPOSE IS TO MAINTAIN A FREE PUBLIC NON-SECTARIAN LIBRARY IN THE BOROUGH OF LANSDALE, PENNSYLVANIA, FOR THE BENEFIT OF LANSDALE RESIDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $525,978

Program Service Revenue $32,456

Investment Income $0

Other Revenue $-57,822

TOTAL REVENUE $500,612

Expense Breakdown

Grants Paid $0

Salaries & Benefits $322,784

Fundraising Expenses $0

Program Expenses $627,194

Other Expenses $313,310

TOTAL EXPENSES $636,094

Year-over-Year Comparison

	2023	2022	Change
Revenue	$500,612	$510,069	0.0%
Expenses	$636,094	$577,677	+0.1%
Net Income	$-135,482	$-67,608	+1.0%

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

Governance

Voting Members

Independent Members

N/A

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

$74,442

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS E MEYER	LIBRARY DIRECTOR	40.00	Officer	$74,442	$0	$74,442
JOHN J ERNST	CEO	0.00	Officer	$0	$0	$0
MARY FULLER	PRESIDENT	0.00	Officer Director	$0	$0	$0
MEG CURRIE TEOH	VICE PRESIDENT	0.00	Director	$0	$0	$0
RACHAEL BOLLENS	DIRECTOR	0.00	Director	$0	$0	$0
RICHARD DIGREGORIO JR	DIRECTOR	0.00	Director	$0	$0	$0
CARRIE OGLESBY	DIRECTOR	0.00	Director	$0	$0	$0
BJ BREISH	DIRECTOR	0.00	Director	$0	$0	$0
ANDREW CARROLL	DIRECTOR	0.00	Director	$0	$0	$0
MICHAEL YETTER	DIRECTOR	0.00	Director	$0	$0	$0
RAFIA RAZZAK	DIRECTOR	0.00	Director	$0	$0	$0
GARRY HERBERT	MAYOR	0.00	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	No data	No data	No data	No data
2023	$500,612	$636,094	$1,129,852	$-135,482
2022	$510,069	$577,677	$1,261,908	$-67,608
2021	$542,421	$531,782	$1,337,769	$10,639
2020	$502,053	$508,193	$1,270,934	$-6,140
2019	$496,618	$498,019	$1,286,652	$-1,401
2018	$477,652	$489,748	$1,284,442	$-12,096

LANSDALE LIBRARY ASSOCIATION