MCCOOK LIBRARY FOUNDATION (EIN 470649941) - 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

1982

Legal Domicile

Principal Officer

SEAN WOLFE

Phone

3083451906

Tax Period

2021-01-01 to 2021-12-31

MCCOOK LIBRARY FOUNDATION, founded in 1982, is a micro nonprofit in the Education sector that reported $93K in total revenue in fiscal year 2021. Revenue surged 494% from the prior year, signaling strong growth momentum. The organization ran a surplus of $80K, a strong 87% operating margin.

Mission

THE FOUNDATION WAS FORMED TO RAISE FUNDS TO ASSIST THE CITY OF MCCOOK LIBRARY AND TO SERVICE THE SOUTHWEST NEBRASKA AND NORTHWEST KANSAS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $52,156

Program Service Revenue $0

Investment Income $38,677

Other Revenue $1,846

TOTAL REVENUE $92,679

Expense Breakdown

Grants Paid $11,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $11,500

Other Expenses $828

TOTAL EXPENSES $12,328

Year-over-Year Comparison

	2021	2020	Change
Revenue	$92,679	$15,596	+4.9%
Expenses	$12,328	$35,560	-0.7%
Net Income	$80,351	$-19,964	-5.0%

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

N/A

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

$67,066

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JODY CROCKER	DIRECTOR	2.00	Director	$0	$3,796	$67,066
NANCY MOUSEL	DIRECTOR	N/A	Director	$0	$0	$0
BERNIE WOOD	DIRECTOR	N/A	Director	$0	$0	$0
SHARON BOHLING	SECRETARY	N/A	Officer	$0	$0	$0
MARY DUELAND	PRESIDENT	N/A	Officer	$0	$0	$0
JASON LOOP	VICE PRESIDE	N/A	Officer	$0	$0	$0
SEAN WOLFE	TREASURER	N/A	Officer	$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
2021	$92,679	$12,328	$792,409	$80,351
2019	$122,665	$30,528	$626,902	$92,137

MCCOOK LIBRARY FOUNDATION