NORTHEAST KANSAS LIBRARY FOUNDATION INC (EIN 264154991) - 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

2008

Legal Domicile

Principal Officer

MICHAEL MCDONALD

Phone

7858384090

Tax Period

2024-01-01 to 2024-12-31

NORTHEAST KANSAS LIBRARY FOUNDATION INC, founded in 2008, is a small nonprofit in the Education sector that reported $248K in total revenue in fiscal year 2024. Revenue surged 2388% from the prior year, signaling strong growth momentum. The organization ran a surplus of $199K, a strong 80% operating margin.

Mission

TO RECEIVE, INVEST, AND DISTRIBUTE FUNDS TO EXEMPT ORGANIZATIONS THAT ARE MEMBER OF THE NORTHEAST KANSAS LIBRARY SYSTEM.

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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 $248,279

Program Service Revenue $0

Investment Income $221

Other Revenue $0

TOTAL REVENUE $248,500

Expense Breakdown

Grants Paid $48,091

Salaries & Benefits $0

Fundraising Expenses $141

Program Expenses $48,091

Other Expenses $997

TOTAL EXPENSES $49,088

Year-over-Year Comparison

	2024	2023	Change
Revenue	$248,500	$9,987	+23.9%
Expenses	$49,088	$21,429	+1.3%
Net Income	$199,412	$-11,442	-18.4%

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

$243,599

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY KEITH	BOARD CHAIRPERSON	1.00	Officer Director	$0	$0	$0
SANDEE MORRIS	BOARD VICE CHAIRPERSON	1.00	Officer Director	$0	$0	$0
PATRICIA MICHAELIS	BOARD SECRETARY	1.00	Officer Director	$0	$0	$0
JANET PRESTOY	BOARD TREASURER	1.00	Officer Director	$0	$0	$0
EMILY BRADBURY	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN MACCARTHY	DIRECTOR	1.00	Director	$0	$0	$0
ANN PREMER	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL MCDONALD	SYSTEM DIRECTOR	3.00	Officer	$0	$39,198	$136,125
ROBYN KOLLAR	FUNDRAISING & PUBLIC REL C	3.00	Officer	$0	$22,551	$107,474

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	$248,500	$49,088	$206,594	$199,412

NORTHEAST KANSAS LIBRARY FOUNDATION INC