ANTIQUARIAN BOOK SCHOOL FOUNDATION

EIN: 263397915 501(c)(3) Education

COLORADO SPRINGS, CO

Total Revenue
$190,850
Total Expenses
$175,948
Total Assets
$1,273,390
Net Assets
$1,272,935
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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
2006
Legal Domicile
CO
Principal Officer
LORNE BAIR
Phone
7194736634
Tax Period
2024-01-01 to 2024-12-31

ANTIQUARIAN BOOK SCHOOL FOUNDATION, founded in 2006, is a small nonprofit in the Education sector that reported $191K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $176K left a modest 8% surplus.

Mission

EDUCATE LIBRARIANS, COLLECTORS, & ASPIRING BOOK SELLERS IN HANDLING & SELLING BOOKS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $39,431
Program Service Revenue $97,958
Investment Income $49,038
Other Revenue $4,423
TOTAL REVENUE $190,850

Expense Breakdown

Grants Paid $11,437
Salaries & Benefits $44,675
Fundraising Expenses $0
Program Expenses $156,496
Other Expenses $119,836
TOTAL EXPENSES $175,948

Year-over-Year Comparison

2024 2023 Change
Revenue $190,850 $163,644 +0.2%
Expenses $175,948 $190,945 -0.1%
Net Income $14,902 $-27,301 -1.5%
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

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Governance

Voting Members
12
Independent Members
12
Employees
2
Volunteers
12

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
5
$18,083
Total Directors
12
$14,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LORNE BAIR PRESIDENT 1.00
Officer Director
$2,000 $0 $2,000
GARRETT SCOTT VICE PRESIDENT 1.00
Officer Director
$2,000 $0 $2,000
BARBARA HERITAGE SECRETARY 1.00
Officer Director
$0 $0 $0
REBECCA ROMNEY TREASURER 1.00
Officer Director
$2,000 $0 $2,000
DANIEL DESIMONE BOARD MEMBER 1.00
Director
$0 $0 $0
HELENE GOLAY BOARD MEMBER 1.00
Director
$2,000 $0 $2,000
MICHAEL LANG BOARD MEMBER 1.00
Director
$0 $0 $0
MARIA LIN BOARD MEMBER 1.00
Director
$2,000 $0 $2,000
HEATHER O'DONNELL BOARD MEMBER 1.00
Director
$2,000 $0 $2,000
KATHERINE REAGAN BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT RULON-MILLER BOARD MEMBER 1.00
Director
$2,000 $0 $2,000
JOHN THOMSON BOARD MEMBER 1.00
Director
$0 $0 $0
KATHLEEN LINDEMAN EXECUTIVE DIRECTOR 3.00
Officer
$12,083 $0 $12,083
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 $190,850 $175,948 $1,273,390 $14,902
2023 $163,644 $190,945 $1,158,573 $-27,301
2022 $114,273 $191,317 $1,089,667 $-77,044
2021 $74,872 $48,612 $1,317,590 $26,260
2020 $-15,686 $31,928 $1,197,222 $-47,614
2019 $111,849 $121,540 $1,128,145 $-9,691
2018 $1,121,620 $124,222 $1,027,227 $997,398
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