MORGAN COUNTY PUBLIC LIBRARY (EIN 550493153) - 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

1998

Legal Domicile

Tax Period

2022-07-01 to 2023-06-30

MORGAN COUNTY PUBLIC LIBRARY, founded in 1998, is a small nonprofit in the Education sector that reported $178K in total revenue in fiscal year 2022. Revenue decreased 10% compared to the prior year.

Mission

PUBLIC LIBRARY

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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 (2022)

Revenue Breakdown

Contributions & Grants $159,727

Program Service Revenue $4,659

Investment Income $13,303

Other Revenue $0

TOTAL REVENUE $177,689

Expense Breakdown

Grants Paid $0

Salaries & Benefits $80,188

Fundraising Expenses $0

Program Expenses $189,319

Other Expenses $109,131

TOTAL EXPENSES $189,319

Year-over-Year Comparison

	2022	2021	Change
Revenue	$177,689	$196,456	-0.1%
Expenses	$189,319	$203,825	-0.1%
Net Income	$-11,630	$-7,369	+0.6%

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

$17,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH DRENNAN	DIRECTOR	25.00	Director	$17,500	$0	$17,500

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	$177,689	$189,319	$524,883	$-11,630
2022	$196,456	$203,825	$541,726	$-7,369

MORGAN COUNTY PUBLIC LIBRARY