ASHEBORO PUBLIC LIBRARY FOUNDATION (EIN 560543245) - 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

1936

Legal Domicile

Principal Officer

SUSAN MILNER

Phone

3369633962

Tax Period

2024-07-01 to 2025-06-30

ASHEBORO PUBLIC LIBRARY FOUNDATION, founded in 1936, is a micro nonprofit that reported $55K in total revenue in fiscal year 2024. Revenue fell 29% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $20K, a strong 37% operating margin.

Mission

TO EFFECTIVELY MANAGE AND INCREASE THE FOUNDATION'S ASSETS AND TO DISBURSE FUNDS RESPONSIBLY FOR THE MAXIMUM BENEFIT OF THE ASHEBORO BRANCH OF THE RANDOLPH COUNTY 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 (2024)

Revenue Breakdown

Contributions & Grants $1,850

Program Service Revenue $0

Investment Income $53,419

Other Revenue $0

TOTAL REVENUE $55,269

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,820

Other Expenses $34,856

TOTAL EXPENSES $34,856

Year-over-Year Comparison

	2024	2023	Change
Revenue	$55,269	$78,215	-0.3%
Expenses	$34,856	$13,262	+1.6%
Net Income	$20,413	$64,953	-0.7%

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

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
STACIE GRIFFIN	MEMBER AT LA	0.50	Director	$0	$0	$0
DONNA JOHNSON	MEMBER AT LA	0.50	Director	$0	$0	$0
SHANNON MCCRARY	PAST PRESIDE	0.50	Director	$0	$0	$0
SUSAN MILNER	PRESIDENT	0.50	Officer	$0	$0	$0
MARTHA OGBURN	TREASURER	0.50	Officer	$0	$0	$0
NAN REVELL	VICE PRESIDE	0.50	Officer	$0	$0	$0
KELLY SHIPLEY	SECRETARY	0.50	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
2025	$55,269	$34,856	$655,173	$20,413
2024	$78,215	$13,262	$640,710	$64,953
2023	$34,187	$58,238	$516,061	$-24,051
2022	$50,491	$8,456	$534,628	$42,035
2021	$40,953	$7,726	$555,958	$33,227

ASHEBORO PUBLIC LIBRARY FOUNDATION