ABERDEEN LIBRARY FOUNDATION

EIN: 460428183 501(c)(3) Education

ABERDEEN, SD

Total Revenue
$92,631
Total Expenses
$14,325
Total Assets
$664,771
Net Assets
$664,771
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
SD
Principal Officer
LAVONNE MILLER
Phone
6056267097
Tax Period
2025-01-01 to 2025-12-31

ABERDEEN LIBRARY FOUNDATION, founded in 1994, is a micro nonprofit in the Education sector that reported $93K in total revenue in fiscal year 2025. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $78K, a strong 85% operating margin.

Mission

THE PROMOTION OF THE LIBRARY AND TO PROMOTE THE CONTINUED GROWTH OF THE LIBRARY. WE SUPPORT THE GENERAL WELFARE AND PUBLIC RELATIONS AS WELL AS THE INCREASE IN HOLDINGS OF THE LIBRARY AND IMPROVEMENTS TO THE LIBRARY SO THE LIBRARY CAN CONTINUE AS A VALUABLE RESOURCE TO THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $180

IN PAST YEARS THE LIBRARY FOUNDATION RECEIVED TECHNOLOGY GRANTS FROM 3M TO BE USED FOR THE CHILDREN'S PROGRAMS TO PROMOTE TECHNOLOGY AND SCIENCE. THE LIBRARY DIRECTOR PROVIDES A LISTING OF MATERIALS...

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IN PAST YEARS THE LIBRARY FOUNDATION RECEIVED TECHNOLOGY GRANTS FROM 3M TO BE USED FOR THE CHILDREN'S PROGRAMS TO PROMOTE TECHNOLOGY AND SCIENCE. THE LIBRARY DIRECTOR PROVIDES A LISTING OF MATERIALS FOR PROMOTION OF CREATIVE THINKING FOR THE YOUNG CHILDREN'S PROGRAM.

Program 2
Expenses: $6,000

THE LIBRARY FOUNDATION PROVIDED FUNDING TO THE LIBRARY FOR BOTH PROGRAM FUNDING ALONG WITH FRIENDS OF THE PUBLIC LIBRARY FUNDING.

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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 (2025)

Revenue Breakdown

Contributions & Grants $19,500
Program Service Revenue $0
Investment Income $73,131
Other Revenue $0
TOTAL REVENUE $92,631

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $9,385
Other Expenses $14,325
TOTAL EXPENSES $14,325

Year-over-Year Comparison

2025 2024 Change
Revenue $92,631 $79,697 +0.2%
Expenses $14,325 $16,797 -0.1%
Net Income $78,306 $62,900 +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

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
8
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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HEIDI GOLZ PRESIDENT N/A
Officer
$0 $0 $0
TERESA LEVSEN VICE PRESIDE N/A
Officer
$0 $0 $0
LAVONNE MILLER TREASURER N/A
Officer
$0 $0 $0
JESSICA FALKEN SECRETARY N/A
Officer
$0 $0 $0
PATRICK GALLAGHER SD COMMUNITY N/A
$0 $0 $0
ZACH ANDERSON FINANCIAL AD N/A
$0 $0 $0
CARLOS COMACHO 3M REPRESENT N/A
$0 $0 $0
DANI MCQUILLEN YUOWANCA LLC N/A
$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 $92,631 $14,325 $664,771 $78,306
2024 No data No data No data No data
2023 $37,092 $22,152 $543,991 $14,940
2022 $63,526 $6,732 $500,899 $56,794
2021 $37,595 $340,788 $501,428 $-303,193
2020 $12,922 $318,343 $788,857 $-305,421
2019 $16,097 $322,822 $1,074,041 $-306,725
2018 $24,607 $347,937 $1,351,348 $-323,330
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