BLAIR PUBLIC LIBRARY FOUNDATION

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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

CHAD LEGGOTT

Phone

4024263617

Tax Period

2023-01-01 to 2023-12-31

BLAIR PUBLIC LIBRARY FOUNDATION, founded in 2002, is a small nonprofit in the Education sector that reported $160K in total revenue in fiscal year 2023. Expenses of $278K exceeded revenue, resulting in a 73% operating deficit.

Mission

TO ENHANCE THE SERVICES, OFFERINGS, AND FACILITIES OF THE BLAIR PUBLIC LIBRARY BEYOND THE BUDGETARY CONSTRAINTS OF LOCAL GOVERNMENT.

Program Service Accomplishments

Program 1

Expenses: $54,284

TO ENHANCE THE SERVICES, OFFERINGS, AND FACILITIES OF THE BLAIR PUBLIC LIBRARY BEYOND THE BUDGETARY CONSTRAINTS OF LOCAL GOVERNMENT.

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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 $18,095

Program Service Revenue $124,963

Investment Income $17,390

Other Revenue $0

TOTAL REVENUE $160,448

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $9,838

Program Expenses $182,673

Other Expenses $278,245

TOTAL EXPENSES $278,245

Year-over-Year Comparison

	2023	2022	Change
Revenue	$160,448	$153,175	+0.0%
Expenses	$278,245	$232,643	+0.2%
Net Income	$-117,797	$-79,468	+0.5%

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
MARY BERG	PRESIDENT	N/A	Officer Director	$0	$0	$0
CHAD LEGGOTT	TREASURER	N/A	Officer Director	$0	$0	$0
ANGEL MARTIN	DIRECTOR	N/A	Director	$0	$0	$0
EMILY DREW	DIRECTOR	N/A	Director	$0	$0	$0
SINEAD CHAFFEE	DIRECTOR	N/A	Director	$0	$0	$0
BRANDI PETERSEN	DIRECTOR	N/A	Director	$0	$0	$0
KRISTI LIPPINCOTT	SECRETARY	N/A	Officer Director	$0	$0	$0
DYLAN DAM	DIRECTOR	N/A	Director	$0	$0	$0
JENNY BRUCK	DIRECTOR	N/A	Director	$0	$0	$0
RYAN FISCHER	DIRECTOR	N/A	Director	$0	$0	$0
JESSICA COLE	DIRECTOR	N/A	Director	$0	$0	$0
KIMBERLY LAMMERS	DIRECTOR	N/A	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	No data	No data	No data	No data
2023	$160,448	$278,245	$6,121,344	$-117,797
2022	$153,175	$232,643	$6,092,617	$-79,468
2021	$334,179	$227,054	$6,472,046	$107,125
2020	$218,745	$221,993	$6,403,195	$-3,248
2019	$1,257,907	$259,234	$6,443,512	$998,673
2018	$143,149	$234,751	$5,480,742	$-91,602