GREENSBURG HEMPFIELD AREA LIBRARY

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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

1936

Legal Domicile

Principal Officer

JODY SCHMITT

Phone

7248375620

Tax Period

2024-01-01 to 2024-12-31

GREENSBURG HEMPFIELD AREA LIBRARY, founded in 1936, is a small nonprofit in the Education sector that reported $940K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Net assets of $4.4M represent 57 months of operating reserves.

Mission

TO ENRICH OUR COMMUNITY BY PROMOTING LITERACY AND FOSTERING LIFELONG LEARNING.

Program Service Accomplishments

Program 1

Expenses: $855,789 Revenue: $16,795

PROVIDE ACCESS TO WRITTEN, RECORDED, AND ELECTRONIC MATERIALS AND PROVIDED FACILITIES AND SERVICES FOR THE CULTURAL ENRICHMENT, EDUCATION, AND ENJOYMENT FOR THE RESIDENTS OF THE CITY OF GREENSBURG...

PROVIDE ACCESS TO WRITTEN, RECORDED, AND ELECTRONIC MATERIALS AND PROVIDED FACILITIES AND SERVICES FOR THE CULTURAL ENRICHMENT, EDUCATION, AND ENJOYMENT FOR THE RESIDENTS OF THE CITY OF GREENSBURG AND HEMPFIELD TOWNSHIP AND SURROUNDING AREAS.

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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 $776,414

Program Service Revenue $12,212

Investment Income $115,071

Other Revenue $36,624

TOTAL REVENUE $940,321

Expense Breakdown

Grants Paid $0

Salaries & Benefits $610,144

Fundraising Expenses $9,466

Program Expenses $855,789

Other Expenses $348,715

TOTAL EXPENSES $958,859

Year-over-Year Comparison

	2024	2023	Change
Revenue	$940,321	$755,880	+0.2%
Expenses	$958,859	$943,262	+0.0%
Net Income	$-18,538	$-187,382	-0.9%

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

Total Directors

$73,950

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JODY SCHMITT	PRESIDENT	4.00	Officer Director	$0	$0	$0
RENEE KINER	VICE PRESIDE	4.00	Officer Director	$0	$0	$0
MARIA ROSSI	SECRETARY	4.00	Officer Director	$0	$0	$0
ROBIN RYAN	TREASURER	1.00	Officer Director	$0	$0	$0
CHRISTIAN DEDIANA	DIRECTOR	1.00	Director	$0	$0	$0
DIANE HARTLAND	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER BRETZ	DIRECTOR	1.00	Director	$0	$0	$0
JANAL NARDUZZI	DIRECTOR	1.00	Director	$0	$0	$0
ALISON COX	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM NAUMAN	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA HINKLE	DIRECTOR	1.00	Director	$0	$0	$0
ANNETTE KOSTELNIK	DIRECTOR	1.00	Director	$0	$0	$0
DAVID STANLEY	DIRECTOR	1.00	Director	$0	$0	$0
GINA KISEL	DIRECTOR	1.00	Director	$0	$0	$0
KATHLEEN SUNDRY	DIRECTOR	1.00	Director	$0	$0	$0
PHILOMENA VANEK	DIRECTOR	1.00	Director	$0	$0	$0
ELSIE LAMPL	DIRECTOR	1.00	Director	$0	$0	$0
JAMIE FALO	EXECUTIVE DI	40.00	Director	$66,622	$7,328	$73,950

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	$940,321	$958,859	$4,448,110	$-18,538
2023	$755,880	$943,262	$4,388,884	$-187,382
2022	$1,249,667	$818,600	$4,442,746	$431,067
2021	$1,628,879	$776,219	$4,789,740	$852,660
2020	$907,963	$774,273	$3,739,818	$133,690
2019	$850,241	$781,360	$3,494,547	$68,881
2018	$1,043,359	$715,856	$3,099,362	$327,503