SOUTH CENTRAL LIBRARY SYSTEM FOUNDATION INC

EIN: 392020856 501(c)(3) Education

MADISON, WI

Total Revenue
$26,087
Total Expenses
$14,633
Total Assets
$8,885,454
Net Assets
$324,651
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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
2001
Legal Domicile
WI
Principal Officer
JANET PUGH
Phone
6082467975
Tax Period
2025-01-01 to 2025-12-31

SOUTH CENTRAL LIBRARY SYSTEM FOUNDATION INC, founded in 2001, is a micro nonprofit in the Education sector that reported $26K in total revenue in fiscal year 2025. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $11K, a strong 44% operating margin.

Mission

TO DEVELOP PUBLIC LIBRARY SERVICES WITHIN THE SOUTH CENTRAL LIBRARY SYSTEM AND THE MAKING OF DISTRIBUTIONS TO LOCAL GOVERNMENT MEMBERS OF THE SOUTH CENTRAL LIBRARY SYSTEM THAT ARE ENGAGED IN ACTIVITIES THAT FURTHER SUCH PURPOSES.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $15,240
Program Service Revenue $0
Investment Income $10,847
Other Revenue $0
TOTAL REVENUE $26,087

Expense Breakdown

Grants Paid $5,855
Salaries & Benefits $0
Fundraising Expenses $2,634
Program Expenses $5,855
Other Expenses $8,778
TOTAL EXPENSES $14,633

Year-over-Year Comparison

2025 2024 Change
Revenue $26,087 $18,791 +0.4%
Expenses $14,633 $13,641 +0.1%
Net Income $11,454 $5,150 +1.2%
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

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Governance

Voting Members
9
Independent Members
8
Employees
N/A
Volunteers
9

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
4
$154,885
Total Directors
9
$154,885
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHANNON SCHULTZ SECRETARY 0.50
Officer Director
$0 $35,020 $154,885
JANET PUGH PRESIDENT 0.50
Officer Director
$0 $0 $0
AMANDA WAKEMAN VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
CHASSITTI CLARK TREASURER 0.50
Officer Director
$0 $0 $0
HENRY ST MAURICE DIRECTOR 0.50
Director
$0 $0 $0
JOAN HONL DIRECTOR 0.50
Director
$0 $0 $0
MARY NELSON DIRECTOR 0.50
Director
$0 $0 $0
UNIQUA FLOWERS DIRECTOR (EFF. 04/2025) 0.50
Director
$0 $0 $0
MELISSA FLORES DIRECTOR (EFF. 11/2025) 0.50
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 $26,087 $14,633 $8,885,454 $11,454
2024 $18,791 $13,641 $6,417,018 $5,150
2023 $18,899 $7,550 $5,757,711 $11,349
2022 $4,587 $45,556 $5,154,224 $-40,969
2021 $108,773 $11,730 $6,289,090 $97,043
2020 $-57,540 $9,299 $3,250,360 $-66,839
2019 $42,322 $11,960 $2,757,958 $30,362
2018 $15,706 $17,622 $1,697,235 $-1,916
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