GRAND ISLAND PUBLIC LIBRARY FOUNDATION

EIN: 476032693 501(c)(3)

GRAND ISLAND, NE

Total Revenue
$258,008
Total Expenses
$123,531
Total Assets
$2,138,910
Net Assets
$2,135,991
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
NE
Principal Officer
ED MEEDEL
Phone
3083855333
Tax Period
2023-10-01 to 2024-09-30

GRAND ISLAND PUBLIC LIBRARY FOUNDATION, founded in 1961, is a small nonprofit that reported $258K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $134K, a strong 52% operating margin.

Mission

ASSIST CITY LIBRARY

Program Service Accomplishments

Program 1
Expenses: $59,854

THE GRAND ISLAND PUBLIC LIBRARY FOUNDATION PROVIDES RESOURCES FOR THE OPERATION OF THE CITY'S LIBRARY AND BENEFITS THE RESIDENTS OF THE CITY AND SURROUNDING AREA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $101,610
Program Service Revenue $0
Investment Income $148,909
Other Revenue $7,489
TOTAL REVENUE $258,008

Expense Breakdown

Grants Paid $30,931
Salaries & Benefits $51,662
Fundraising Expenses $3,993
Program Expenses $59,854
Other Expenses $40,938
TOTAL EXPENSES $123,531

Year-over-Year Comparison

2023 2022 Change
Revenue $258,008 $328,378 -0.2%
Expenses $123,531 $110,818 +0.1%
Net Income $134,477 $217,560 -0.4%
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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Governance

Voting Members
9
Independent Members
9
Employees
2
Volunteers
45

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
2
$0
Total Directors
10
$38,948
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEIGH LILLIBRIDGE EXECUTIVE DI 10.00
Director
$38,948 $0 $38,948
INES GONZALEZ TREASURER 1.00
Director
$0 $0 $0
DAN HILL VICE-PRESIDE 1.00
Officer Director
$0 $0 $0
DAWN HILL BOARD MEMBER 1.00
Director
$0 $0 $0
DARYL KELLEY BOARD MEMBER 1.00
Director
$0 $0 $0
ABBY KILE FINANCE CHAI 1.00
Director
$0 $0 $0
ED MEEDEL PRESIDENT 1.00
Officer Director
$0 $0 $0
PAM MORISS SECRETARY N/A
Director
$0 $0 $0
BETH STECKER BOARD MEMBER 1.00
Director
$0 $0 $0
MARNIE SCHAGER SUNDERMEIER BOARD MEMBER 1.00
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 $258,008 $123,531 $2,138,910 $134,477
2023 $328,378 $110,818 $1,795,694 $217,560
2022 $116,190 $120,451 $1,442,804 $-4,261
2021 $245,375 $276,482 $1,361,850 $-31,107
2020 $291,837 $84,147 $1,391,106 $207,690
2019 $309,259 $424,610 $1,185,981 $-115,351
2018 $363,467 $605,183 $1,307,069 $-241,716
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