MARPLE PUBLIC LIBRARY (EIN 232505031) - 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

1951

Legal Domicile

Principal Officer

MICHAEL BALLINGER

Phone

6103561510

Tax Period

2023-01-01 to 2023-12-31

MARPLE PUBLIC LIBRARY, founded in 1951, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2023. The organization ran a surplus of $204K, a strong 19% operating margin.

Mission

TO PROVIDE A WIDE RANGE OF TIMELY MATERIALS AND SERVICES TO ENRICH THE LIVES OF THE MARPLE COMMUNITY.

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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 $993,387

Program Service Revenue $19,949

Investment Income $21,218

Other Revenue $43,249

TOTAL REVENUE $1,077,803

Expense Breakdown

Grants Paid $0

Salaries & Benefits $680,162

Fundraising Expenses $2,567

Program Expenses $689,883

Other Expenses $193,214

TOTAL EXPENSES $873,376

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,077,803	$1,014,270	+0.1%
Expenses	$873,376	$908,736	0.0%
Net Income	$204,427	$105,534	+0.9%

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

$89,101

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHANIE LATCHFORD	BOARD MEMBER	1.00	Director	$0	$0	$0
CYNTHIA WILSON	BOARD MEMBER	3.00	Director	$0	$0	$0
LATANYA BURNO	LIBRARY DIRECTOR	40.00	Director	$89,101	$0	$89,101
MARCIA ABRAMS	PRESIDENT	3.00	Officer	$0	$0	$0
ASHWINI UDGAONKAR	ASSISTANT TREASURER	3.00	Officer	$0	$0	$0
MICHAEL BALLINGER	TREASURER	3.00	Officer	$0	$0	$0
KRISTINE OFFSHACK FREIND	VICE PRESIDENT	1.00	Officer	$0	$0	$0
JANE STAUD	SECRETARY	2.00	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
2024	No data	No data	No data	No data
2023	$1,077,803	$873,376	$1,180,512	$204,427
2022	$1,014,270	$908,736	$970,926	$105,534
2021	$923,665	$834,299	$1,007,583	$89,366
2020	$942,179	$801,970	$1,054,426	$140,209

MARPLE PUBLIC LIBRARY