MYERSTOWN COMMUNITY LIBRARY ASSOC (EIN 236002770) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1936

Legal Domicile

Principal Officer

JEREMY KEGERREIS

Phone

7178662800

Tax Period

2023-01-01 to 2023-12-31

MYERSTOWN COMMUNITY LIBRARY ASSOC, founded in 1936, is a small nonprofit that reported $182K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Net assets of $2.8M represent 182 months of operating reserves.

Mission

MYERSTOWN COMMUNITY LIBRARY ENGAGES WITH OUR COMMUNITY TO INSPIRE CURIOSITY, EXPAND HORIZONS, AND ENCOURAGE LIFE-LONG LEARNING.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $101,839

Program Service Revenue $6,821

Investment Income $66,075

Other Revenue $7,607

TOTAL REVENUE $182,342

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,367

Fundraising Expenses $116

Program Expenses $165,247

Other Expenses $60,256

TOTAL EXPENSES $184,623

Year-over-Year Comparison

	2023	2022	Change
Revenue	$182,342	$302,556	-0.4%
Expenses	$184,623	$174,052	+0.1%
Net Income	$-2,281	$128,504	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEREMY KEGERREIS	PRESIDENT	5.00	Officer Director	$0	$0	$0
DENISE GOULDEY	VICE-PRESIDE	5.00	Officer Director	$0	$0	$0
LAURIE ZIMMERMAN	SECRETARY	5.00	Officer Director	$0	$0	$0
ETHAN DERR	TREASURER	5.00	Officer Director	$0	$0	$0
ELIZABETH FIORINI	ASST TREASUR	5.00	Officer Director	$0	$0	$0
NANCY PROCTOR	DIRECTOR	5.00	Director	$0	$0	$0
DENISE THOMAS	DIRECTOR	5.00	Director	$0	$0	$0
ANNA SMALLWOOD	DIRECTOR	5.00	Director	$0	$0	$0
STEVE WOHLBRUCK	DIRECTOR	5.00	Director	$0	$0	$0
JANE LEE	DIRECTOR	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	No data	No data	No data	No data
2023	$182,342	$184,623	$2,770,417	$-2,281
2022	$302,556	$174,052	$2,538,662	$128,504
2021	$157,929	$159,337	$2,809,259	$-1,408
2020	$182,885	$146,660	$2,533,432	$36,225
2019	$152,342	$187,234	$2,291,754	$-34,892
2018	$129,156	$175,526	$2,023,098	$-46,370

MYERSTOWN COMMUNITY LIBRARY ASSOC