Council Bluffs Public Library Foundation (EIN 421208961) - 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

1983

Legal Domicile

Principal Officer

Michelle L Lee

Phone

7123237553

Tax Period

2023-01-01 to 2023-12-31

Council Bluffs Public Library Foundation, founded in 1983, is a small nonprofit that reported $771K in total revenue in fiscal year 2023. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $405K, a strong 53% operating margin.

Mission

The primary purpose of the Council Bluffs Public Library Foundaton is the funding of the building and operation of the Council Bluffs Public Library.

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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 $95,647

Program Service Revenue $0

Investment Income $675,276

Other Revenue $0

TOTAL REVENUE $770,923

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,609

Fundraising Expenses $0

Other Expenses $360,317

TOTAL EXPENSES $365,926

Year-over-Year Comparison

	2023	2022	Change
Revenue	$770,923	$1,105,640	-0.3%
Expenses	$365,926	$344,992	+0.1%
Net Income	$404,997	$760,648	-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

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	Role	Reportable Comp	Other Comp	Total
John P Nelson	Director	Director	$0	$0	$0
Kathleen Pyper	President	Officer Director	$0	$0	$0
Brian Cady	Vice President	Officer Director	$0	$0	$0
Francis Clark	Director	Director	$0	$0	$0
Michelle L Lee	Treasurer	Officer Director	$0	$0	$0
Steven Krohn	Secretary	Officer Director	$0	$0	$0
Kathleen Tisher	Director	Director	$0	$0	$0
Jessica Rosenberg	Director	Director	$0	$0	$0
Edward Lynn	Director	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	$770,923	$365,926	$12,970,787	$404,997
2022	$1,105,640	$344,992	$11,722,339	$760,648
2021	$1,399,826	$428,787	$14,384,060	$971,039
2020	$398,097	$359,629	$12,829,695	$38,468
2019	$1,044,206	$185,706	$11,834,403	$858,500

Council Bluffs Public Library Foundation