WILMINGTON LIBRARY FOUNDATION II INC (EIN 311671853) - 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

1999

Legal Domicile

Principal Officer

MR JAMAR RAHMING

Phone

3025717400

Tax Period

2022-07-01 to 2023-06-30

WILMINGTON LIBRARY FOUNDATION II INC, founded in 1999, is a micro nonprofit in the Education sector that reported $76K in total revenue in fiscal year 2022. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $62K, a strong 81% operating margin.

Mission

GRANTS PROVIDED TO THE WILMINGTON INSTITUTE FREE 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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $76,295

Other Revenue $0

TOTAL REVENUE $76,295

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $14,668

TOTAL EXPENSES $14,668

Year-over-Year Comparison

	2022	2021	Change
Revenue	$76,295	$82,814	-0.1%
Expenses	$14,668	$16,668	-0.1%
Net Income	$61,627	$66,146	-0.1%

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

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

$123,027

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MR H RODNEY SCOTT	PRESIDENT	1.00	Officer Director	$0	$0	$0
MR SAMUEL A NOLEN ESQ	TREASURER	1.00	Officer Director	$0	$0	$0
MR TERRY J O'BYRNE	DIRECTOR	1.00	Director	$0	$0	$0
MR ANTHONY W LUNGER	DIRECTOR	1.00	Director	$0	$0	$0
MR WENDELL FENTON	DIRECTOR	1.00	Director	$0	$0	$0
MR NEAL J HOWARD	DIRECTOR	1.00	Director	$0	$0	$0
MR JAMAR RAHMING	EXECUTIVE DIRECTOR	1.00	Officer	$0	$8,569	$123,027

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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$76,295	$14,668	$2,075,041	$61,627
2022	$82,814	$16,668	$1,880,581	$66,146
2021	$43,087	$16,323	$2,235,170	$26,764
2020	$49,824	$13,762	$1,749,620	$36,062
2019	$63,764	$145,837	$1,691,993	$-82,073
2018	$76,347	$13,760	$1,668,780	$62,587

WILMINGTON LIBRARY FOUNDATION II INC