MT PLEASANT PUBLIC LIBRARY FOUNDATI

EIN: 421503132 501(c)(3) Education

MT PLEASANT, IA

Total Revenue
$33,548
Total Expenses
$23,160
Total Assets
$792,672
Net Assets
$792,672
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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
1999
Legal Domicile
IA
Principal Officer
EDWARD KROPA
Phone
3193851490
Tax Period
2024-01-01 to 2024-12-31

MT PLEASANT PUBLIC LIBRARY FOUNDATI, founded in 1999, is a micro nonprofit in the Education sector that reported $34K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $10K, a strong 31% operating margin.

Mission

TO SOLICIT AND COLLECT GIFTS, GRANTS, AND BEQUESTS AND TO ADMINISTER FUNDS FOR THE OVERALL BETTERMENT OF THE MT PLEASANT 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $33,548
Other Revenue $0
TOTAL REVENUE $33,548

Expense Breakdown

Grants Paid $23,160
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $23,160
Other Expenses $0
TOTAL EXPENSES $23,160

Year-over-Year Comparison

2024 2023 Change
Revenue $33,548 $61,574 -0.5%
Expenses $23,160 $47,755 -0.5%
Net Income $10,388 $13,819 -0.2%
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
5
Independent Members
5
Employees
N/A
Volunteers
5

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
3
$58,702
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD KROPA PRESIDENT/TR 0.50
Officer Director
$0 $0 $0
JENNIFER CRULL SECRETARY 0.50
Officer Director
$0 $0 $0
DON LEBLANC DIRECTOR 0.50
Director
$0 $0 $0
ABIGAIL HEATON DIRECTOR 0.50
Director
$0 $0 $0
JOSIE THOMAS DIRECTOR 0.50
Director
$0 $0 $0
KAYLEIGH SEPTER EXECUTIVE DI N/A
Officer
$0 $0 $58,702
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 $33,548 $23,160 $792,672 $10,388
2023 $61,574 $47,755 $774,041 $13,819
2022 $647,490 $70 $758,309 $647,420
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