HEALTH SCIENCES LIBRARY NETWORK (EIN 431868513) - 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

1976

Legal Domicile

Principal Officer

JOYCE SICKEL

Phone

8164746550

Tax Period

2024-01-01 to 2024-12-31

HEALTH SCIENCES LIBRARY NETWORK, founded in 1976, is a micro nonprofit that reported $16K in total revenue in fiscal year 2024. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $16K left a modest 4% surplus.

Mission

NETWORKING AND EDUCATION OF HEALTH LIBRARIES. 2024 WAS THE WRAP-UP YEAR SO LITTLE REVENUE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $4

Other Revenue $16,173

TOTAL REVENUE $16,177

Expense Breakdown

Grants Paid $2,090

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $13,519

TOTAL EXPENSES $15,609

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,177	$833,120	-1.0%
Expenses	$15,609	$788,885	-1.0%
Net Income	$568	$44,235	-1.0%

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

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
KIM CARTER	BOARD MEMBER	1.00	Director	$0	$0	$0
CINDI KERNS	PRESIDENT	4.00	Officer Director	$0	$0	$0
BETH EDSON	SECRETARY	1.00	Officer Director	$0	$0	$0
MARIE THOMPSON	TREASURER	4.00	Officer Director	$0	$0	$0
JOYCE SICKEL	INSTITUTIONAL LIAISON AND CORP AGEN	4.00	Officer 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	$16,177	$15,609	No data	$568
2023	$833,120	$788,885	$84,368	$44,235
2022	$903,016	$945,236	$31,948	$-42,220
2021	$1,010,807	$1,003,474	$88,003	$7,333
2020	$939,111	$1,677,365	$67,424	$-738,254
2019	$1,053,105	$310,861	$805,678	$742,244
2018	$1,122,069	$1,115,990	$63,434	$6,079

HEALTH SCIENCES LIBRARY NETWORK