OLD CHARLES TOWN LIBRARY INC (EIN 550465896) - 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

1958

Legal Domicile

Principal Officer

Marcella Genz

Phone

3047252208

Tax Period

2023-01-01 to 2023-12-31

OLD CHARLES TOWN LIBRARY INC, founded in 1958, is a small nonprofit that reported $637K in total revenue in fiscal year 2023. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $176K, a strong 28% operating margin.

Mission

To provide quality library and museum services to the citizens and visitors of Jefferson County, WV.

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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 (2023)

Revenue Breakdown

Contributions & Grants $173,417

Program Service Revenue $12,264

Investment Income $431,741

Other Revenue $19,955

TOTAL REVENUE $637,377

Expense Breakdown

Grants Paid $0

Salaries & Benefits $281,273

Fundraising Expenses $0

Program Expenses $398,896

Other Expenses $179,843

TOTAL EXPENSES $461,116

Year-over-Year Comparison

	2023	2022	Change
Revenue	$637,377	$408,488	+0.6%
Expenses	$461,116	$470,761	0.0%
Net Income	$176,261	$-62,273	-3.8%

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

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
F Samuel Byrer	Director	0.10	Director	$0	$0	$0
Randy Hilton	Director	0.10	Director	$0	$0	$0
Jennifer Ward	Director	0.10	Director	$0	$0	$0
Michael Tolbert	Director	0.10	Director	$0	$0	$0
Marissa Smith	Secretary	1.00	Officer	$0	$0	$0
Odin Alonso Smith	President & Acting Treasurer	1.0	Officer	$0	$0	$0
Justin McHenry	Vice-President	1.0	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
2024	No data	No data	No data	No data
2023	$637,377	$461,116	$11,546,029	$176,261
2022	$408,488	$470,761	$10,988,183	$-62,273
2021	$2,078,806	$436,284	$12,328,142	$1,642,522
2020	$945,633	$431,732	$10,080,337	$513,901
2019	$762,980	$464,662	$9,218,808	$298,318
2018	$357,144	$422,226	$8,022,002	$-65,082

OLD CHARLES TOWN LIBRARY INC