River Falls Library Foundation Inc (EIN 391651737) - 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

1991

Legal Domicile

Phone

7154411890

Tax Period

2024-01-01 to 2024-12-31

River Falls Library Foundation Inc, founded in 1991, is a micro nonprofit that reported $48K in total revenue in fiscal year 2024. Expenses of $82K exceeded revenue, resulting in a 70% operating deficit.

Mission

To support River Falls Library programs.

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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 $14,669

Program Service Revenue $0

Investment Income $33,716

Other Revenue $2

TOTAL REVENUE $48,387

Expense Breakdown

Grants Paid $29,981

Salaries & Benefits $0

Fundraising Expenses $44,067

Program Expenses $30,070

Other Expenses $8,201

TOTAL EXPENSES $82,037

Year-over-Year Comparison

	2024	2023	Change
Revenue	$48,387	$46,215	+0.0%
Expenses	$82,037	$27,167	+2.0%
Net Income	$-33,650	$19,048	-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

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
Linda Jacobson	Director	1.00	Director	$0	$0	$0
Dave Ostness	Director	1.00	Director	$0	$0	$0
Kay Montgomery	President	2.00	Officer Director	$0	$0	$0
Alyce Jacobs	Secretary	1.00	Officer Director	$0	$0	$0
Callie Trautmiller	Vice President	1.00	Officer Director	$0	$0	$0
Sarah Nelson	Treasurer	3.00	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	$48,387	$82,037	$1,055,811	$-33,650
2023	$46,215	$27,167	$1,004,424	$19,048
2022	$27,884	$39,047	$880,419	$-11,163
2021	$12,528	$18,864	$1,065,609	$-6,336
2020	$30,482	$32,004	$966,120	$-1,522
2019	$14,949	$28,350	$842,088	$-13,401
2018	$43,056	$47,779	$860,542	$-4,723

River Falls Library Foundation Inc