THE COMMUNITY LIBRARY INC (EIN 540735541) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1961

Legal Domicile

Principal Officer

ALICE COOPER

Phone

8044351729

Tax Period

2023-07-01 to 2024-06-30

THE COMMUNITY LIBRARY INC OPERATING AS LANCASTER PUBLIC LIBRARY, founded in 1961, is a small nonprofit in the Education sector that reported $532K in total revenue in fiscal year 2017. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $659K exceeded revenue, resulting in a 24% operating deficit.

Mission

THE LANCASTER COMMUNITY LIBRARY IS A CENTER FOR THE CULTURAL, INTELLECTUAL, AND RECREATIONAL PURSUITS OF THE COMMUNITY. THROUGH ITS MATERIALS, PROGRAMS, AND SERVICES, THE LIBRARY PROMOTES LITERACY, PROVIDES LIFETIME LEARNING OPPORTUNITIES, AND PLACES SPECIAL EMPHASIS ON STIMULATING CHILDREN'S INTEREST IN READING AND LEARNING.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $475,722

Program Service Revenue $64,550

Investment Income $327,044

Other Revenue $42,133

TOTAL REVENUE $909,449

Expense Breakdown

Grants Paid $0

Salaries & Benefits $408,842

Fundraising Expenses $11,041

Program Expenses $755,442

Other Expenses $471,400

TOTAL EXPENSES $891,283

Year-over-Year Comparison

	2023	2022	Change
Revenue	$909,449	$850,458	+0.1%
Expenses	$891,283	$913,534	0.0%
Net Income	$18,166	$-63,076	-1.3%

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

Volunteers

100

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

$86,954

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALICE COOPER	LIBRARY DIRE	40.00	Officer	$86,954	$0	$86,954
ALLENER BAKER-ROGERS	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
KHRYSTAL BUTLER	2ND VICE PRE	1.00	Officer Director	$0	$0	$0
AMY GOODWIN	DIRECTOR	0.50	Director	$0	$0	$0
PAT JULIAN	DIRECTOR	0.50	Director	$0	$0	$0
EBONY LYNCH	DIRECTOR	0.50	Director	$0	$0	$0
PAUL MAGUIRE	TREASURER	1.00	Officer Director	$0	$0	$0
ELIZABETH MULLINS	DIRECTOR	0.50	Director	$0	$0	$0
ANNE MUSE	PRESIDENT	1.00	Officer Director	$0	$0	$0
TINA RADIGAN	SECRETARY	1.00	Officer Director	$0	$0	$0
LISA SHULTZ	DIRECTOR	0.50	Director	$0	$0	$0
WILLIAM SMITH	DIRECTOR	0.50	Director	$0	$0	$0
LORAINE TROLLIP	DIRECTOR	0.50	Director	$0	$0	$0
RICHARD WILSON	DIRECTOR	0.50	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	$909,449	$891,283	$9,585,116	$18,166
2023	$850,458	$913,534	$9,082,238	$-63,076
2022	$864,921	$804,052	$8,814,411	$60,869
2021	$1,158,743	$722,676	$9,758,465	$436,067
2020	$825,228	$866,318	$8,571,698	$-41,090
2019	$1,200,015	$772,034	$8,707,619	$427,981
2018	$532,478	$659,237	$8,137,535	$-126,759

THE COMMUNITY LIBRARY INC