SPENCER, IA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SPENCER PUBLIC LIBRARY MUNI TRUST, founded in 1979, is a micro nonprofit in the Education sector that reported $72K in total revenue in fiscal year 2023. Revenue surged 147% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40K, a strong 55% operating margin.
THE ORGANIZATION USES ALL OF ITS RESOURCES TO SUPPORT THE SPENCER LIBRARY IN SPENCER, IOWA.
BOOKS, SUPPLIES, FURNITURE, AND SERVICES WERE PURCHASED FOR THE LIBRARY TO HELP INCREASE THEIR READING MATERIAL AND PROVIDE ADMINISTRATIVE SUPPORT.FUNDS WERRE ALSO USED TO RESTOCK THE LIBRARY'S FOOD...
BOOKS, SUPPLIES, FURNITURE, AND SERVICES WERE PURCHASED FOR THE LIBRARY TO HELP INCREASE THEIR READING MATERIAL AND PROVIDE ADMINISTRATIVE SUPPORT.FUNDS WERRE ALSO USED TO RESTOCK THE LIBRARY'S FOOD PANTRY THAT IS AVAILABLE FOR PUBLIC USE.FUNDS WERE ALSO USED TO INSTALL AN OUTDOOR PERCUSSION INSTRUMENT GARDEN TO SUPPORT THE CLAY COUNTY IMAGINATION LIBRARY INITIATIVE.
EXPENSES WERE INCURRED IN SUPPORT OF THE SUMMER READING PROGRAM TO HELP INCREASE CHILDREN AND TEENS' READING.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $72,500 | $29,343 | +1.5% |
| Expenses | $32,495 | $25,997 | +0.2% |
| Net Income | $40,005 | $3,346 | +11.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RYAN DOTSON | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFF GEIGER | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAY OLDENKAMP | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BOB WHITTENBURG | Secretary | 1.00 |
Director
|
$0 | $0 | $0 |
| ELISSA BARRICK | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| BECKY PRENTICE | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| HILARY BECKER | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $72,500 | $32,495 | $742,998 | $40,005 |
| 2023 | $29,343 | $25,997 | $702,993 | $3,346 |
| 2022 | $25,925 | $8,331 | $699,647 | $17,594 |
| 2021 | $13,578 | $4,802 | $682,053 | $8,776 |
| 2020 | $21,260 | $14,260 | $673,277 | $7,000 |
| 2019 | $29,252 | $28,820 | $666,277 | $432 |
Compare SPENCER PUBLIC LIBRARY MUNI TRUST with other nonprofits in Iowa and across the country.