FOUNDATION FOR THE ADVANCEMENT OF CHRISTIAN LIBRARIES (EIN 371426936) - 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

Janelle Mazelin

Phone

9377662255

Tax Period

2023-01-01 to 2023-12-31

FOUNDATION FOR THE ADVANCEMENT OF CHRISTIAN LIBRARIES, founded in 2002, is a small nonprofit in the Religion sector that reported $264K in total revenue in fiscal year 2023. Expenses of $294K exceeded revenue, resulting in a 11% operating deficit.

Mission

The mission of the Foundation for the Advancement of Christian Libraries is to strengthen libraries by equipping Christian librarians through professional development, scholarship, and spiritual encouragement for service primarily in higher education.

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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 (2023)

Revenue Breakdown

Contributions & Grants $67,953

Program Service Revenue $184,336

Investment Income $10,973

Other Revenue $990

TOTAL REVENUE $264,252

Expense Breakdown

Grants Paid $7,000

Salaries & Benefits $129,849

Fundraising Expenses $0

Program Expenses $89,337

Other Expenses $156,905

TOTAL EXPENSES $293,754

Year-over-Year Comparison

	2023	2022	Change
Revenue	$264,252	$246,842	+0.1%
Expenses	$293,754	$281,136	+0.0%
Net Income	$-29,502	$-34,294	-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

Volunteers

125

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
Jeremy Labosier	President	8	Officer Director	$0	$0	$0
Nathan Farley	Vice-President	2	Officer Director	$0	$0	$0
Rodney Birch	Treasurer	2	Officer Director	$0	$0	$0
Robert Burgess	Secretary	2	Officer Director	$0	$0	$0
Erinn Huebner	Director-at-large	1	Director	$0	$0	$0
Robin Lang	Director-at-large	1	Director	$0	$0	$0
Jeanette Parker	Director-at-large	1	Director	$0	$0	$0
Jaime Pitt	Director-at-large	1	Director	$0	$0	$0
Julie Sweeney	Director-at-large	1	Director	$0	$0	$0
Rusty Tryon	Director-at-large	1	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$264,252	$293,754	$839,147	$-29,502
2022	$246,842	$281,136	$829,407	$-34,294
2021	$247,771	$208,315	$920,836	$39,456
2020	$197,143	$182,747	$855,250	$14,396

FOUNDATION FOR THE ADVANCEMENT OF CHRISTIAN LIBRARIES