ASHLAND LIBRARY ENDOWMENT ASSOCIATION (EIN 480959803) - 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

1996

Legal Domicile

Principal Officer

KELLY MCCARTY

Phone

6206350388

Tax Period

2024-01-01 to 2024-12-31

ASHLAND LIBRARY ENDOWMENT ASSOCIATION, founded in 1996, is a micro nonprofit that reported $51K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $14K, a strong 27% operating margin.

Mission

SUPPORT THE ASHLAND LIBRARY

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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 $50,835

Other Revenue $0

TOTAL REVENUE $50,835

Expense Breakdown

Grants Paid $36,700

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $36,700

Other Expenses $555

TOTAL EXPENSES $37,255

Year-over-Year Comparison

	2024	2023	Change
Revenue	$50,835	$45,947	+0.1%
Expenses	$37,255	$36,900	+0.0%
Net Income	$13,580	$9,047	+0.5%

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
MICHAEL SCHATZ	TRUSTEE	0.10	Director	$0	$0	$0
MARILYN WRIGHT	BOARD REPRESENTATIVE	0.10	Director	$0	$0	$0
GEORGEANN LANG	TRUSTEE	0.10	Director	$0	$0	$0
TERRIE LUCKIE	PRESIDENT	0.10	Officer	$0	$0	$0
KELLY MCCARTY	TREASURER	0.50	Officer	$0	$0	$0
JESSICA MCNICKLE	TRUSTEE	0.10	Director	$0	$0	$0
VICTORIA HAYDOCK	BOARD REPRESENTATIVE	0.10	Director	$0	$0	$0
JEROME BERRYMAN	TRUSTEE	0.10	Director	$0	$0	$0
HERVEY WRIGHT III	TRUSTEE	0.10	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	$50,835	$37,255	$675,799	$13,580
2023	$45,947	$36,900	$662,219	$9,047
2022	$41,136	$34,500	$653,172	$6,636
2021	$122,534	$32,500	$646,535	$90,034
2020	$34,280	$30,500	$556,501	$3,780
2019	$35,989	$30,659	$552,721	$5,330
2018	$52,000	$63,585	$547,391	$-11,585

ASHLAND LIBRARY ENDOWMENT ASSOCIATION