TALBOT COUNTY FREE LIBRARY FOUNDATION INC (EIN 521936458) - 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

1995

Legal Domicile

Principal Officer

JOHN WATTERS

Phone

4108221626

Tax Period

2024-07-01 to 2025-06-30

TALBOT COUNTY FREE LIBRARY FOUNDATION INC, founded in 1995, is a small nonprofit in the Education sector that reported $209K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $84K, a strong 40% operating margin.

Mission

THROUGH RESPONSIBLE FUNDRAISING, ADVOCACY AND THE PRUDENT STEWARDSHIP OF GIFTS, THE TALBOT COUNTY FREE LIBRARY FOUNDATION ENABLES THE TALBOT COUNTY FREE LIBRARY TO SUPPORT A THRIVING COMMUNITY.

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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 $120,699

Program Service Revenue $0

Investment Income $88,641

Other Revenue $0

TOTAL REVENUE $209,340

Expense Breakdown

Grants Paid $68,038

Salaries & Benefits $0

Fundraising Expenses $6,747

Program Expenses $81,038

Other Expenses $56,878

TOTAL EXPENSES $124,916

Year-over-Year Comparison

	2024	2023	Change
Revenue	$209,340	$177,767	+0.2%
Expenses	$124,916	$82,767	+0.5%
Net Income	$84,424	$95,000	-0.1%

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

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
MICHAEL MCMILLAN	DIRECTOR	10.00	Director	$0	$0	$0
SUSAN SHERMAN	DIRECTOR	10.00	Director	$0	$0	$0
JOHN WATTERS	TREASURER	15.00	Officer	$0	$0	$0
AMANDA DAVID	PRESIDENT	15.00	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
2025	$209,340	$124,916	$3,517,598	$84,424
2024	$177,767	$82,767	$3,193,692	$95,000
2023	$74,618	$104,588	$2,828,473	$-29,970
2022	$133,451	$110,500	$2,736,130	$22,951
2021	$73,584	$131,228	$2,985,862	$-57,644
2020	$58,668	$83,630	$2,567,477	$-24,962
2019	$27,131	$64,088	$2,536,236	$-36,957
2018	$478,143	$89,301	$2,452,391	$388,842

TALBOT COUNTY FREE LIBRARY FOUNDATION INC