INDIAN VALLEY PUBLIC LIBRARY (EIN 231674241) - 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

1964

Legal Domicile

Principal Officer

ELISE BOWERS

Phone

2157230776

Tax Period

2024-01-01 to 2024-12-31

INDIAN VALLEY PUBLIC LIBRARY, founded in 1964, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $1.4M exceeded revenue, resulting in a 14% operating deficit.

Mission

TO SERVE THE SURROUNDING COMMUNITIES AS A 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 $1,137,101

Program Service Revenue $48,145

Investment Income $82,746

Other Revenue $4,202

TOTAL REVENUE $1,272,194

Expense Breakdown

Grants Paid $0

Salaries & Benefits $879,700

Fundraising Expenses $19,764

Program Expenses $1,267,053

Other Expenses $567,744

TOTAL EXPENSES $1,447,444

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,272,194	$1,516,699	-0.2%
Expenses	$1,447,444	$1,487,899	0.0%
Net Income	$-175,250	$28,800	-7.1%

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

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

$48,093

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TRACEY REED	DIRECTOR	37.50	Director	$48,093	$0	$48,093
PENELOPE J PRICE	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHELLE KANE	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
KYLE RODGERS	BOARD	1.00	Director	$0	$0	$0
BRAD ALDERFER	BOARD	1.00	Director	$0	$0	$0
BETH STYER	SECRETARY	1.00	Officer Director	$0	$0	$0
DOUG JOHNSON	BOARD	1.00	Director	$0	$0	$0
ALEXANDER GRANDE III	BOARD	1.00	Director	$0	$0	$0
SUZANNE LEONARD	BOARD	1.00	Director	$0	$0	$0
ELISE BOWERS	TREASURER	2.00	Officer 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	$1,272,194	$1,447,444	$3,509,370	$-175,250
2023	$1,516,699	$1,487,899	$3,684,548	$28,800
2022	$1,494,621	$1,406,895	$3,655,816	$87,726
2021	$1,626,525	$1,319,293	$3,568,765	$307,232
2020	$1,184,360	$1,296,723	$3,318,978	$-112,363
2019	$1,290,397	$1,488,097	$3,381,107	$-197,700
2018	$1,285,478	$1,256,140	$3,577,503	$29,338

INDIAN VALLEY PUBLIC LIBRARY