Mengle Memorial Library (EIN 237099228) - 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

1964

Legal Domicile

Phone

8142658245

Tax Period

2024-01-01 to 2024-12-31

Mengle Memorial Library, founded in 1964, is a small nonprofit in the Education sector that reported $328K in total revenue in fiscal year 2024. Revenue surged 139% from the prior year, signaling strong growth momentum. The organization ran a surplus of $57K, a strong 17% operating margin.

Mission

TO PROVIDE REFERENCES AND SPECIAL INTEREST BOOKS, PERIODICALS, AND AUDIO-VISUAL MATERIALS TO THE PUBLIC.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $216,056

Program Service Revenue $0

Investment Income $109,102

Other Revenue $3,255

TOTAL REVENUE $328,413

Expense Breakdown

Grants Paid $0

Salaries & Benefits $131,696

Fundraising Expenses $5,428

Program Expenses $223,980

Other Expenses $139,645

TOTAL EXPENSES $271,341

Year-over-Year Comparison

	2024	2023	Change
Revenue	$328,413	$137,411	+1.4%
Expenses	$271,341	$263,296	+0.0%
Net Income	$57,072	$-125,885	-1.5%

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	Role	Reportable Comp	Other Comp	Total
R EDWARD FERRARO	President	Officer Director	$0	$0	$0
ALICE ZIMMERMAN	Director	Director	$0	$0	$0
KATIE BENSON	Director	Director	$0	$0	$0
DONNA COOPER	Director	Director	$0	$0	$0
REBEKKA DEAN	Vice President	Officer Director	$0	$0	$0
RICHARD FALLER	Treasurer	Officer Director	$0	$0	$0
DAVE KEITH	Secretary	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	$328,413	$271,341	$2,312,401	$57,072
2023	$137,411	$263,296	$2,255,329	$-125,885
2022	$218,403	$299,651	$2,381,214	$-81,248
2021	$324,295	$305,956	$2,462,462	$18,339
2020	$245,445	$295,518	$2,444,123	$-50,073
2019	$262,813	$291,607	$2,494,196	$-28,794
2018	$289,881	$297,729	$2,522,990	$-7,848

Mengle Memorial Library