MILANOF-SCHOCK LIBRARY (EIN 236391863) - 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

1962

Principal Officer

STEVE ULRICH

Phone

7176531510

Tax Period

2024-01-01 to 2024-12-31

MILANOF-SCHOCK LIBRARY, founded in 1962, is a small nonprofit that reported $657K in total revenue in fiscal year 2024. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $199K, a strong 30% operating margin.

Mission

THE MILANOF-SCHOCK LIBRARY ENRICHES LIVES THROUGH EDUCATION, INFORMATION, AND EXPLORATION.

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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 $539,635

Program Service Revenue $93,076

Investment Income $12,529

Other Revenue $11,807

TOTAL REVENUE $657,047

Expense Breakdown

Grants Paid $0

Salaries & Benefits $305,214

Fundraising Expenses $20,771

Program Expenses $372,941

Other Expenses $152,530

TOTAL EXPENSES $457,744

Year-over-Year Comparison

	2024	2023	Change
Revenue	$657,047	$473,842	+0.4%
Expenses	$457,744	$521,426	-0.1%
Net Income	$199,303	$-47,584	-5.2%

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

$59,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH MCILHENNEY	EXECUTIVE DI	37.00	Officer	$59,000	$0	$59,000
LARK ESHLEMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
KATELYN HEISEY	BOARD MEMBER	2.00	Director	$0	$0	$0
JOSEPH SANTACROCE JR	TREASURER	2.00	Officer Director	$0	$0	$0
GREG KIEHL	BOARD MEMBER	2.00	Director	$0	$0	$0
CARRIE MULLER	SECRETARY	2.00	Officer Director	$0	$0	$0
RICH NORNHOLD	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
STEVE ULRICH	PRESIDENT	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	$657,047	$457,744	$1,395,155	$199,303
2023	$473,842	$521,426	$1,170,714	$-47,584
2022	$433,424	$459,297	$1,205,470	$-25,873
2021	$458,331	$412,447	$1,243,571	$45,884
2020	$476,523	$374,657	$1,174,536	$101,866
2019	$428,445	$414,056	$1,063,165	$14,389
2018	$395,391	$429,451	$1,023,365	$-34,060

MILANOF-SCHOCK LIBRARY