LIBERAL MEMORIAL LIBRARY FOUNDATION INC (EIN 481027335) - Form 990 Financial Analysis & Trantor Score

🔒

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

1986

Legal Domicile

Principal Officer

ROYCE KITTS

Phone

6206260180

Tax Period

2024-01-01 to 2024-12-31

LIBERAL MEMORIAL LIBRARY FOUNDATION INC, founded in 1986, is a micro nonprofit that reported $79K in total revenue in fiscal year 2024. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $49K, a strong 62% operating margin.

Mission

TO PROVIDE FREE PUBLIC ACCESS TO BOOKS, PERIODICALS & OTHER MATERIALS

🔒

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 $0

Program Service Revenue $0

Investment Income $40,759

Other Revenue $38,143

TOTAL REVENUE $78,902

Expense Breakdown

Grants Paid $30,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $30,000

Other Expenses $0

TOTAL EXPENSES $30,000

Year-over-Year Comparison

	2024	2023	Change
Revenue	$78,902	$96,302	-0.2%
Expenses	$30,000	$726	+40.3%
Net Income	$48,902	$95,576	-0.5%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KAY BURTZLOFF	CHAIRMAN	1.00	Officer Director	$0	$0	$0
ELAINE SCHOOLEY	MEMBER	1.00	Officer Director	$0	$0	$0
CAROL DEARING	MEMBER	1.00	Officer Director	$0	$0	$0
JUDY L CHANCE	MEMBER	1.00	Officer Director	$0	$0	$0
SARAH THOMPSON	TREASURER	1.00	Officer Director	$0	$0	$0
DEBRA HUDDLESTON	MEMBER	1.00	Officer Director	$0	$0	$0
LIDIA HOOK-GRAY	MEMBER	1.00	Officer 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	No data	No data	No data	No data
2024	$78,902	$30,000	$733,178	$48,902
2023	$96,302	$726	$684,276	$95,576
2022	$20,537	$175,318	$588,700	$-154,781
2021	$208,040	$129,595	$743,481	$78,445
2020	$73,528	$16,093	$665,036	$57,435
2019	$94,256	$8,219	$607,601	$86,037
2018	$37,724	$103,763	$521,564	$-66,039

LIBERAL MEMORIAL LIBRARY FOUNDATION INC