NEWTON PUBLIC LIBRARY FOUNDATION (EIN 421457255) - 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

1996

Legal Domicile

Principal Officer

THOMAS E HOLLANDER

Phone

6417929397

Tax Period

2023-07-01 to 2024-06-30

NEWTON PUBLIC LIBRARY FOUNDATION, founded in 1996, is a micro nonprofit in the Education sector that reported $55K in total revenue in fiscal year 2023. Revenue surged 53% from the prior year, signaling strong growth momentum. Expenses of $101K exceeded revenue, resulting in a 84% operating deficit.

Mission

SUPPORT THE NEWTON, IOWA 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 $20,401

Program Service Revenue $0

Investment Income $34,329

Other Revenue $0

TOTAL REVENUE $54,730

Expense Breakdown

Grants Paid $90,045

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $90,045

Other Expenses $10,489

TOTAL EXPENSES $100,534

Year-over-Year Comparison

	2023	2022	Change
Revenue	$54,730	$35,683	+0.5%
Expenses	$100,534	$64,832	+0.6%
Net Income	$-45,804	$-29,149	+0.6%

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
TERRY TOWNSEND	PRESIDENT	1.00	Officer	$0	$0	$0
CHRIS NOEL	VICE-PRESIDENT	1.00	Officer	$0	$0	$0
TOM HOLLANDER	SECY/TREAS	1.00	Officer	$0	$0	$0
CHRISTINE PAULEY	DIRECTOR	1.00	Director	$0	$0	$0
DARCY SOULE	DIRECTOR	1.00	Director	$0	$0	$0
WARREN ERICKSON	DIRECTOR	1.00	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	No data	No data	No data	No data
2024	$54,730	$100,534	$1,117,796	$-45,804
2023	$35,683	$64,832	$1,028,899	$-29,149
2022	$24,001	$30,880	$1,199,299	$-6,879
2021	$21,463	$21,688	$1,221,650	$-225
2020	$25,545	$49,983	$979,612	$-24,438
2019	$30,315	$180,848	$1,002,292	$-150,533

NEWTON PUBLIC LIBRARY FOUNDATION