CAROLINE LIBRARY INC (EIN 541141452) - 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

1980

Legal Domicile

Principal Officer

DARLENE Z ACKERMAN

Phone

8046335455

Tax Period

2018-07-01 to 2019-06-30

CAROLINE LIBRARY INC, founded in 1980, is a micro nonprofit that reported $28K in total revenue in fiscal year 2018. Revenue fell 91% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $20K, a strong 71% operating margin.

Mission

PROVIDE LIBRARY SERVICES TO CAROLINE COUNTY, VIRGINIA.

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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 (2018)

Revenue Breakdown

Contributions & Grants $27,819

Program Service Revenue $417

Investment Income $6

Other Revenue $0

TOTAL REVENUE $28,242

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,038

Fundraising Expenses $0

Program Expenses $7,818

Other Expenses $3,257

TOTAL EXPENSES $8,295

Year-over-Year Comparison

	2018	2017	Change
Revenue	$28,242	$308,118	-0.9%
Expenses	$8,295	$314,860	-1.0%
Net Income	$19,947	$-6,742	-4.0%

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

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
DARLENE Z ACKERMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
GEORGE SPINNER	VICE-PRESIDE	1.00	Officer Director	$0	$0	$0
RAY SCHER	SECRETARY	1.00	Officer Director	$0	$0	$0
MACINE WILLIAMS	TREASURER	1.00	Officer Director	$0	$0	$0
NANCY BARCHUS	MEMBER	1.00	Director	$0	$0	$0
RANDOLPH S DAMERON	MEMBER	1.00	Director	$0	$0	$0
NANCY CARSON	MEMBER	1.00	Director	$0	$0	$0
NANCY WICK	MEMBER	1.00	Director	$0	$0	$0
ELIZABETH HEIMBACH	MEMBER	1.00	Director	$0	$0	$0
ANN H LONG	MEMBER	1.00	Director	$0	$0	$0
ALMA S TILLMAN	MEMBER	1.00	Director	$0	$0	$0
MARGARET WATKINS	MEMBER	1.00	Director	$0	$0	$0
LORETTA GOSS	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
2019	$28,242	$8,295	No data	$19,947

CAROLINE LIBRARY INC