THE TIPPECANOE COUNTY PUBLIC LIBRARY FOUNDATION INC (EIN 352044913) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

PRELLA MCBRIDE

Phone

7654290118

Tax Period

2024-01-01 to 2024-12-31

THE TIPPECANOE COUNTY PUBLIC LIBRARY FOUNDATION INC, founded in 1997, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $132K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $513K exceeded revenue, resulting in a 288% operating deficit.

Mission

PROMOTE, ENCOURAGE, SUPPORT AND AID THE TIPPECANOE COUNTY PUBLIC LIBRARY IN ITS EXISTING AND/OR FUTURE ENTERPRISES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $62,048

Program Service Revenue $0

Investment Income $70,031

Other Revenue $0

TOTAL REVENUE $132,079

Expense Breakdown

Grants Paid $500,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $500,000

Other Expenses $13,108

TOTAL EXPENSES $513,108

Year-over-Year Comparison

	2024	2023	Change
Revenue	$132,079	$110,332	+0.2%
Expenses	$513,108	$43,821	+10.7%
Net Income	$-381,029	$66,511	-6.7%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH BRILLER	DIRECTOR	N/A	Director	$0	$0	$0
STEPHEN BULTNICK	SECRETARY	N/A	Officer Director	$0	$0	$0
JEFF FERGUSON	TREASURER	N/A	Officer Director	$0	$0	$0
NICK FETCHINA	DIRECTOR	N/A	Director	$0	$0	$0
PRELLA MCBRIDE	PRESIDENT	N/A	Officer Director	$0	$0	$0
RITA SMITH	VICE PRESIDE	N/A	Officer 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	$132,079	$513,108	$1,281,867	$-381,029
2023	$110,332	$43,821	$1,631,031	$66,511
2022	$57,198	$13,130	$1,445,625	$44,068
2021	$-112,196	$15,530	$1,366,205	$-127,726
2020	$159,227	$411,943	$1,493,931	$-252,716
2019	$162,793	$13,557	$1,746,647	$149,236
2018	$71,342	$12,325	$1,412,778	$59,017

THE TIPPECANOE COUNTY PUBLIC LIBRARY FOUNDATION INC