TYSON LIBRARY ASSOCIATION INC

🔒

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

1940

Legal Domicile

Principal Officer

MARGARET MARCY

Phone

8126895894

Tax Period

2024-09-01 to 2025-08-31

TYSON LIBRARY ASSOCIATION INC, founded in 1940, is a small nonprofit in the Education sector that reported $172K in total revenue in fiscal year 2024. Revenue fell 57% from the prior year — a significant decline worth monitoring. Expenses of $343K exceeded revenue, resulting in a 99% operating deficit.

Mission

OPERATE A PUBLIC LIBRARY

Program Service Accomplishments

Program 1

Expenses: $149,532 Revenue: $6,648

A PUBLIC LIBRARY IS OPERATED IN VERSAILLES, INDIANA. THE LIBRARY PROVIDES THE USE OF BOOKS AND OTHER MATERIALS, COPIES, CLASSES, AND PROGRAMS FOR VERSAILLES AND THE SURROUNDING COMMUNITY.

🔒

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 $165,284

Program Service Revenue $6,648

Investment Income $482

Other Revenue $0

TOTAL REVENUE $172,414

Expense Breakdown

Grants Paid $0

Salaries & Benefits $163,395

Fundraising Expenses $0

Program Expenses $149,532

Other Expenses $179,489

TOTAL EXPENSES $342,884

Year-over-Year Comparison

	2024	2023	Change
Revenue	$172,414	$405,192	-0.6%
Expenses	$342,884	$412,677	-0.2%
Net Income	$-170,470	$-7,485	+21.8%

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

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

Total Directors

$57,142

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARLA STENGER	TREASURER	1.00	Officer	$0	$0	$0
JEFFREY LOGMAN	PRESIDENT	1.00	Officer	$0	$0	$0
SUZANNE UNDERWOOD	SECRETARY	1.00	Officer	$0	$0	$0
MARGARET MARCY	DIRECTOR	40.00	Director	$57,142	$0	$57,142

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	$172,414	$342,884	$500,008	$-170,470
2024	$405,192	$412,677	$670,635	$-7,485
2023	$275,660	$311,082	$677,763	$-35,422
2022	$272,873	$296,566	$713,010	$-23,693
2021	$298,024	$298,432	$736,921	$-408