NORMAL PUBLIC LIBRARY FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2011

Principal Officer

MICHELLE FREEMAN

Phone

3095336108

Tax Period

2024-04-01 to 2025-03-31

NORMAL PUBLIC LIBRARY FOUNDATION, founded in 2011, is a micro nonprofit in the Education sector that reported $75K in total revenue in fiscal year 2024. Revenue surged 98% from the prior year, signaling strong growth momentum. The organization ran a surplus of $33K, a strong 44% operating margin.

Mission

TO PROVIDE SUPPORT FOR THE OPERATIONAL AND CAPITAL NEEDS OF THE NORMAL PUBLIC LIBRARY WHERE THERE IS A LACK OF ADEQUATE FUNDING THROUGH THE LIBRARY'S AVAILABLE RESOURCES.

Program Service Accomplishments

Program 1

Expenses: $36,673

PROVIDE SUPPORT TO NORMAL PUBLIC LIBRARY. THE FOUNDATION CONTRIBUTED TO EVENTS SUCH AS LUNCHTIME YOGA, MUSICAL PERFORMANCE, SUMMER READING, AND OTHER PROGRAMMATIC NEEDS.

Program 2

READING CHALLENGE PROGRAM ENCOURAGING KIDS TO READ 1,000 BOOKS BEFORE KINDERGARTEN

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $29,825

Program Service Revenue $0

Investment Income $34,426

Other Revenue $10,375

TOTAL REVENUE $74,626

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $36,673

Other Expenses $41,432

TOTAL EXPENSES $41,432

Year-over-Year Comparison

	2024	2023	Change
Revenue	$74,626	$37,615	+1.0%
Expenses	$41,432	$39,895	+0.0%
Net Income	$33,194	$-2,280	-15.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
KIM ALCORN	DIRECTOR	N/A	Director	$0	$0	$0
NANCY ANDERSON	DIRECTOR	N/A	Director	$0	$0	$0
BEVIN CHOBAN	DIRECTOR	N/A	Director	$0	$0	$0
MORGAN FALCONER	TREASURER	N/A	Officer Director	$0	$0	$0
MICHELLE FREEMAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
BRIAN HUONKER	DIRECTOR	N/A	Director	$0	$0	$0
LYNDA LANE	TRUSTEES LIA	N/A	Director	$0	$0	$0
CHERYL MAGNUSON	VICE-PRESIDE	N/A	Officer Director	$0	$0	$0
BRETT PETERSEN	DIRECTOR	N/A	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	$74,626	$41,432	$412,138	$33,194
2024	$37,615	$39,895	$628,974	$-2,280
2023	$276,383	$29,859	$560,542	$246,524