CLARINDA PUBLIC LIBRARY FOUNDATION

EIN: 421236272 501(c)(3)

CLARINDA, IA

Total Revenue
$217,548
Total Expenses
$19,096
Total Assets
$533,755
Net Assets
$533,755
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
IA
Principal Officer
JOY NORDYKE
Phone
7125422416
Tax Period
2024-01-01 to 2024-12-31

CLARINDA PUBLIC LIBRARY FOUNDATION, founded in 1984, is a small nonprofit that reported $218K in total revenue in fiscal year 2024. Revenue surged 270% from the prior year, signaling strong growth momentum. The organization ran a surplus of $198K, a strong 91% operating margin.

Mission

THE FOUNDATION IS COMMITTED TO DEDICATING ALL ITS EFFORTS FOR A HEALTHY AND VIBRANT LIBRARY FOR THE BENEFIT OF ALL. THE FOUNDATION SEEKS TO COMPLEMENT AND ENHANCE TRADITIONAL LIBRARY FUNDING RESOURCES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $203,140
Program Service Revenue $0
Investment Income $14,408
Other Revenue $0
TOTAL REVENUE $217,548

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $19,096
Other Expenses $19,096
TOTAL EXPENSES $19,096

Year-over-Year Comparison

2024 2023 Change
Revenue $217,548 $58,741 +2.7%
Expenses $19,096 $69,029 -0.7%
Net Income $198,452 $-10,288 -20.3%
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
6
Independent Members
6
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
4
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAN MCCLURE BOARD MEMBER N/A
Director
$0 $0 $0
CONNIE RICHARDSON BOARD MEMBER N/A
Director
$0 $0 $0
NANCY BROWN SECRETARY N/A
Officer
$0 $0 $0
JOY NORDYKE PRESIDENT N/A
Officer
$0 $0 $0
BETH RARICK VICE PRESIDE N/A
Officer
$0 $0 $0
ALLIE WELLHAUSEN TREASURER N/A
Officer
$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 $217,548 $19,096 $533,755 $198,452
2022 $206,683 $19,793 $281,868 $186,890
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