COBB LIBRARY FOUNDATION (EIN 542099875) - 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

2003

Legal Domicile

Principal Officer

Rebecca Duvall

Phone

7705282196

Tax Period

2022-10-01 to 2023-09-30

COBB LIBRARY FOUNDATION, founded in 2003, is a micro nonprofit in the Education sector that reported $77K in total revenue in fiscal year 2022. Net assets of $188K represent 29 months of operating reserves.

Mission

The Cobb County Library Foundation provides support to the Cobb County Library System by raising funds and seeking community contributions and business partnerships, in order to support the Systems mission to build a stronger community through education and economic growth.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $14,963

Program Service Revenue $61,596

Investment Income $104

Other Revenue $0

TOTAL REVENUE $76,663

Expense Breakdown

Grants Paid $25,779

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $51,615

Other Expenses $58,082

TOTAL EXPENSES $83,861

Year-over-Year Comparison

	2022	2021	Change
Revenue	$76,663	$77,049	0.0%
Expenses	$83,861	$71,107	+0.2%
Net Income	$-7,198	$5,942	-2.2%

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

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
Becca Duvall	President	4	Director	$0	$0	$0
Nona Lacy	Vice President	4	Director	$0	$0	$0
William Tanks	Treasurer	4	Director	$0	$0	$0
Mark Justice	Secretary	4	Director	$0	$0	$0
Abby Shiffman	2nd Vice President	4	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
2023	$76,663	$83,861	$188,512	$-7,198
2020	$82,139	$97,274	$171,653	$-15,135
2019	$35,158	$61,789	$206,178	$-26,631
2018	$124,798	$101,310	$200,010	$23,488

COBB LIBRARY FOUNDATION