CARMEL CLAY PUBLIC LIBRARY FOUNDATION (EIN 351787253) - 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

2002

Legal Domicile

Principal Officer

ELIZABETH HAMILTON

Phone

3178143905

Tax Period

2024-01-01 to 2024-12-31

CARMEL CLAY PUBLIC LIBRARY FOUNDATION, founded in 2002, is a small nonprofit that reported $550K in total revenue in fiscal year 2024. Revenue surged 33% from the prior year, signaling strong growth momentum. The organization ran a surplus of $110K, a strong 20% operating margin.

Mission

TO SUPPORT AND SUSTAIN THE LONG-TERM EXCELLENCE OF THE CARMEL CLAY PUBLIC LIBRARY BY FUNDING PROGRAMS, SERVICES, AND RESOURCES THAT ENHANCE LEARNING, ACCESS, AND COMMUNITY ENGAGEMENT BEYOND BASIC PUBLIC FUNDING.

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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 $371,932

Program Service Revenue $129,433

Investment Income $75,255

Other Revenue $-26,158

TOTAL REVENUE $550,462

Expense Breakdown

Grants Paid $197,777

Salaries & Benefits $165,305

Fundraising Expenses $79,653

Program Expenses $319,059

Other Expenses $77,670

TOTAL EXPENSES $440,752

Year-over-Year Comparison

	2024	2023	Change
Revenue	$550,462	$415,250	+0.3%
Expenses	$440,752	$505,628	-0.1%
Net Income	$109,710	$-90,378	-2.2%

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

127

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

$127,816

Total Directors

$127,816

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ELIZABETH HAMILTON	FOUNDATION DIRECTOR	40.00	Officer Director	$108,621	$19,195	$127,816
MISSY ELTZ	PRESIDENT	5.00	Officer Director	$0	$0	$0
MIKE BURSAW	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
DENA STIRN	TREASURER	2.00	Officer Director	$0	$0	$0
PATTY STEFFEN	GUILD PRESIDENT	5.00	Officer Director	$0	$0	$0
RANJIT PUTHRAN	EX-OFFICER	1.00	Director	$0	$0	$0
SHERRY MCVEY	GOVERNENCE CHAIR	2.00	Director	$0	$0	$0
CASEY WILSON	DIRECTOR	1.00	Director	$0	$0	$0
JANE HERNDON	DIRECTOR	1.00	Director	$0	$0	$0
TRACI RUNGE	DIRECTOR	1.00	Director	$0	$0	$0
GWEN PARKER	DIRECTOR	1.00	Director	$0	$0	$0
SALLY CHAPMAN	DIRECTOR	1.00	Director	$0	$0	$0
BOB SWANAY	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM HOWARD	DIRECTOR	1.00	Director	$0	$0	$0
ERIN BROTHERS	DIRECTOR	1.00	Director	$0	$0	$0
KASEY KAUFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
MIKE BECHER	DIRECTOR	1.00	Director	$0	$0	$0
BRETT HOY	DIRECTOR	1.00	Director	$0	$0	$0
ALMERA MAHMOOD	DIRECTOR	1.00	Director	$0	$0	$0
HADLEY VLAHOGEORGE	DIRECTOR	1.00	Director	$0	$0	$0
PAUL ASHLEY	DIRECTOR	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	$550,462	$440,752	$2,515,925	$109,710
2023	$415,250	$505,628	$2,319,248	$-90,378
2022	$1,052,776	$483,396	$2,300,335	$569,380
2021	$625,706	$268,501	$1,841,136	$357,205
2020	$401,842	$252,442	$1,501,461	$149,400
2019	$458,551	$226,812	$1,332,495	$231,739
2018	$376,673	$205,503	$1,096,468	$171,170

CARMEL CLAY PUBLIC LIBRARY FOUNDATION