DOOR COUNTY LIBRARY FOUNDATION INC (EIN 391603341) - 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

1992

Legal Domicile

Principal Officer

KAREN LAMBECK

Phone

9202562031

Tax Period

2024-01-01 to 2024-12-31

DOOR COUNTY LIBRARY FOUNDATION INC, founded in 1992, is a small nonprofit that reported $132K in total revenue in fiscal year 2024. Revenue surged 246% from the prior year, signaling strong growth momentum. The organization ran a surplus of $76K, a strong 58% operating margin.

Mission

CHARITABLE AND EDUCATIONAL PURPOSES FOR THE BENEFIT OF THE DOOR COUNTY LIBRARY. TAX DEDUCTIBLE GIFTS TO THE LIBRARY ARE GRATEFULLY RECEIVED IN THE FORM OF CASH, STOCK, REAL ESTATE, TRUSTS, LIFE INSURANCE BENEFICIARY DESIGNATIONS, AND BEQUESTS.

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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 $8,615

Program Service Revenue $0

Investment Income $123,327

Other Revenue $0

TOTAL REVENUE $131,942

Expense Breakdown

Grants Paid $41,615

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,615

Other Expenses $14,422

TOTAL EXPENSES $56,037

Year-over-Year Comparison

	2024	2023	Change
Revenue	$131,942	$38,103	+2.5%
Expenses	$56,037	$60,833	-0.1%
Net Income	$75,905	$-22,730	-4.3%

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
JANET BETHKE	DIRECTOR	0.50	Director	$0	$0	$0
BRIAN FOREST	PRESIDENT	1.50	Officer Director	$0	$0	$0
ALLISON HAUS	DIRECTOR	0.50	Director	$0	$0	$0
GRACE JOHNSON	DIRECTOR	0.50	Director	$0	$0	$0
KAREN LAMBECK	TREASURER	0.50	Officer Director	$0	$0	$0
JEROD SANTEK	SECRETARY	0.50	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	$131,942	$56,037	$1,337,388	$75,905
2023	$38,103	$60,833	$1,238,178	$-22,730
2022	$34,574	$84,302	$1,127,717	$-49,728
2021	$114,139	$34,788	$1,430,888	$79,351
2020	$77,310	$17,540	$1,333,681	$59,770
2019	$403	$46,587	$1,004,024	$-46,184
2018	$-45,315	$34,924	$971,680	$-80,239

DOOR COUNTY LIBRARY FOUNDATION INC