AZLE LIBRARY TRUST

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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

1973

Legal Domicile

Principal Officer

DEBBIE BUNERO

Phone

8173072828

Tax Period

2023-01-01 to 2023-12-31

AZLE LIBRARY TRUST, founded in 1973, is a micro nonprofit that reported $25K in total revenue in fiscal year 2023. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $40K exceeded revenue, resulting in a 58% operating deficit.

Mission

PROVIDE FUNDS FOR THE PURCHASE OF BOOKS AND SUPPLIES FOR THE LOCAL COMMUNITY LIBRARY OWNED AND OPERATED BY THE CITY OF AZLE, TEXAS.

Program Service Accomplishments

Program 1

Expenses: $39,748

FUNDED PURCHASE OF BOOKS AND OTHER SUPPLIES FOR THE CITY OF AZLE'S PUBLIC LIBRARY.

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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 $13,787

Program Service Revenue $0

Investment Income $12,980

Other Revenue $-1,616

TOTAL REVENUE $25,151

Expense Breakdown

Grants Paid $38,252

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $39,748

Other Expenses $1,496

TOTAL EXPENSES $39,748

Year-over-Year Comparison

	2023	2022	Change
Revenue	$25,151	$137,324	-0.8%
Expenses	$39,748	$24,295	+0.6%
Net Income	$-14,597	$113,029	-1.1%

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

N/A

Volunteers

N/A

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
DEBBIE BUNERO	TREASURER	1.00	Officer Director	$0	$0	$0
ANTHONY HAAS	TRUSTEE	1.00	Director	$0	$0	$0
DEBRA JENKINS	PRESIDENT	1.00	Officer Director	$0	$0	$0
CURREN MCLANE	SECRETARY	1.00	Officer Director	$0	$0	$0
STEVE PARKER	TRUSTEE	1.00	Director	$0	$0	$0
TOMMY STANDEFER	TRUSTEE	1.00	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	$25,151	$39,748	$640,390	$-14,597
2022	$137,324	$24,295	$632,268	$113,029
2021	$29,030	$31,269	$565,606	$-2,239
2020	$80,856	$42,173	$567,845	$38,683
2019	$29,724	$22,872	$523,655	$6,852
2018	$137,596	$30,557	$503,189	$107,039