ADAMSTOWN AREA LIBRARY (EIN 232830796) - 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

1997

Legal Domicile

Principal Officer

JESSICA MCMANIMEN

Phone

7174844200

Tax Period

2024-01-01 to 2024-12-31

ADAMSTOWN AREA LIBRARY, founded in 1997, is a small nonprofit in the Education sector that reported $388K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. Net assets of $1.4M represent 43 months of operating reserves.

Mission

THE MISSION OF THE ADAMSTOWN LIBRARY IS TO MAINTAIN AND IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITY BY PROVIDING ACCESS TO CULTURAL, INTELLECTUAL, AND INFORMATIONAL RESOURCES AND PROGRAMS TO PROMOTE LIFE-LONG LEARNING FOR ALL AGES. THE PUBLIC LIBRARY SERVICES ADAMSTOWN BOROUGH, DENVER BOROUGH, BRECKNOCK TOWNSHIP, EAST COCALICO TOWNSHIP, AND WEST COCALICO TOWNSHIP IN NORTHEASTERN LANCASTER COUNTY, PENNSYLVANIA.

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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 $291,022

Program Service Revenue $68,598

Investment Income $5,949

Other Revenue $22,094

TOTAL REVENUE $387,663

Expense Breakdown

Grants Paid $0

Salaries & Benefits $246,793

Fundraising Expenses $37,714

Program Expenses $278,644

Other Expenses $175,834

TOTAL EXPENSES $422,627

Year-over-Year Comparison

	2024	2023	Change
Revenue	$387,663	$421,058	-0.1%
Expenses	$422,627	$454,461	-0.1%
Net Income	$-34,964	$-33,403	+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

Governance

Voting Members

Independent Members

Employees

Volunteers

273

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

$71,208

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA MCMANIMEN	PRESIDENT	N/A	Officer Director	$0	$0	$0
BRAD RAUCH	TREASURER	N/A	Officer Director	$0	$0	$0
HOPE SCHMIDS	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
CORY COX	SECRETARY	N/A	Officer Director	$0	$0	$0
CINDY MELLINGER	TRUSTEE	N/A	Director	$0	$0	$0
CURT UNRUH	TRUSTEE	N/A	Director	$0	$0	$0
BRANDON WEBB	TRUSTEE	N/A	Director	$0	$0	$0
CAROLYN REISTE	DIRECTOR	40.00	Officer	$40,039	$0	$40,039
MAIA HESSION	TRUSTEE	N/A	Director	$0	$0	$0
JACKIE STEED	TRUSTEE	N/A	Director	$0	$0	$0
JESSICA GARNER	EXECUTIVE DI	40.00	Officer	$9,232	$0	$9,232
LAURA RUSSELL	INTERIM EXEC	40.00	Officer	$21,937	$0	$21,937

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	$387,663	$422,627	$1,772,314	$-34,964
2023	$421,058	$454,461	$1,826,688	$-33,403
2022	$482,368	$432,774	$1,878,714	$49,594
2021	$385,102	$374,314	$1,847,176	$10,788
2020	$509,527	$294,070	$1,858,462	$215,457
2019	$575,767	$312,690	$1,194,393	$263,077
2018	$429,080	$338,264	$1,003,872	$90,816

ADAMSTOWN AREA LIBRARY