HEDBERG PUBLIC LIBRARY FOUNDATION (EIN 391348109) - 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

1980

Legal Domicile

Phone

6087586600

Tax Period

2024-01-01 to 2024-12-31

HEDBERG PUBLIC LIBRARY FOUNDATION, founded in 1980, is a small nonprofit in the Education sector that reported $107K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $73K, a strong 68% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO FOCUS PUBLIC ATTENTION ON LIBRARY SERVICES AND PROVIDE A CONDUIT FOR CONTRIBUTION OF BOOKS, DESIRABLE COLLECTIONS, ENDOWMENTS, AND BEQUESTS TO JANESVILLE'S HEDBERG PUBLIC LIBRARY.

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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 $66,578

Program Service Revenue $0

Investment Income $40,419

Other Revenue $0

TOTAL REVENUE $106,997

Expense Breakdown

Grants Paid $32,535

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $32,535

Other Expenses $1,881

TOTAL EXPENSES $34,416

Year-over-Year Comparison

	2024	2023	Change
Revenue	$106,997	$95,328	+0.1%
Expenses	$34,416	$74,087	-0.5%
Net Income	$72,581	$21,241	+2.4%

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	Role	Reportable Comp	Other Comp	Total
SARA DAILEY	Director	Director	$0	$0	$0
JASON WINCHELL	Director	Director	$0	$0	$0
STEVEN AURIT	Director	Director	$0	$0	$0
ARON BUSSAN	Treasurer	Officer	$0	$0	$0
LARA POLK	President	Officer	$0	$0	$0
JESSE OTTS	Vice President	Officer	$0	$0	$0
CHARLES TEVAL	Co-Treasurer	Officer	$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	$106,997	$34,416	$1,450,173	$72,581
2023	$95,328	$74,087	$1,306,386	$21,241
2022	$109,470	$59,616	$1,202,132	$49,854
2021	$148,876	$117,749	$1,414,150	$31,127
2020	$77,557	$52,589	$1,193,298	$24,968
2019	$307,180	$316,224	$1,043,376	$-9,044
2018	$82,466	$74,022	$894,608	$8,444

HEDBERG PUBLIC LIBRARY FOUNDATION