Evansville Vanderburgh Public Libr… - Form 990 Financial Data

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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

Eric Weyer

Phone

8124288204

Tax Period

2024-01-01 to 2024-12-31

Evansville Vanderburgh Public Library Foundation Inc, founded in 1999, is a small nonprofit in the Education sector that reported $113K in total revenue in fiscal year 2024. Revenue surged 193% from the prior year, signaling strong growth momentum. The organization ran a surplus of $52K, a strong 46% operating margin.

Mission

To promote, encourage, support and aid the Evansville Vanderburgh Public Library, its staff, and its programs.

Program Service Accomplishments

Program 1

Expenses: $51,464 Revenue: $67,665

The Foundation exists to support the Evansville Vanderburgh Public Library and help secure its future by providing funds for special features, programs, and enhancements.

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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 $13,367

Program Service Revenue $0

Investment Income $67,665

Other Revenue $32,352

TOTAL REVENUE $113,384

Expense Breakdown

Grants Paid $24,282

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $51,464

Other Expenses $36,689

TOTAL EXPENSES $60,971

Year-over-Year Comparison

	2024	2023	Change
Revenue	$113,384	$38,663	+1.9%
Expenses	$60,971	$67,664	-0.1%
Net Income	$52,413	$-29,001	-2.8%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dr Eric Weyer	President	0.50	Officer	$0	$0	$0
Rick Cameron	Vice President	0.50	Officer	$0	$0	$0
Barbara Coyle Williams	Treasurer	0.50	Officer	$0	$0	$0
Mark Razor	Secretary	0.50	Officer	$0	$0	$0
DrDel Doughty	Board member	0.50	Director	$0	$0	$0
Dr Trinisia Brooks	Board Member	0.50	Director	$0	$0	$0
Richard Scott Kinney	CEO/Ex-Officio	0.25	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	$113,384	$60,971	$1,108,502	$52,413
2023	$38,663	$67,664	$1,015,510	$-29,001
2022	$62,206	$34,552	$924,831	$27,654
2021	$88,831	$7,906	$1,044,060	$80,925
2020	$57,184	$6,470	$929,316	$50,714

Evansville Vanderburgh Public Library Foundation Inc