GREENSBORO PUBLIC LIBRARY FOUNDATION INC (EIN 562037761) - 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

1997

Legal Domicile

Principal Officer

GENIE PETRANGELI

Phone

3363734100

Tax Period

2024-07-01 to 2025-06-30

GREENSBORO PUBLIC LIBRARY FOUNDATION INC, founded in 1997, is a small nonprofit in the Recreation & Sports sector that reported $286K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $181K, a strong 63% operating margin.

Mission

PROVIDE FINANCIAL ASSISTANCE TO THE GREENSBORO PUBLIC LIBRARY SERVICES & FACILITIES, GREENSBORO, NC.

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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 $254,082

Program Service Revenue $0

Investment Income $32,840

Other Revenue $-535

TOTAL REVENUE $286,387

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $21,509

Program Expenses $61,763

Other Expenses $105,806

TOTAL EXPENSES $105,806

Year-over-Year Comparison

	2024	2023	Change
Revenue	$286,387	$181,734	+0.6%
Expenses	$105,806	$135,549	-0.2%
Net Income	$180,581	$46,185	+2.9%

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

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
ANDREW SPAINHOUR	CHAIR	1.00	Officer Director	$0	$0	$0
ROBERT SAUNDERS	SECRETARY	1.00	Officer Director	$0	$0	$0
GENIE PETRANGELI	TREASURER	1.00	Officer Director	$0	$0	$0
MARGARET BENJAMIN	DIRECTOR	1.00	Director	$0	$0	$0
RUSS ROBINSON	DIRECTOR	1.00	Director	$0	$0	$0
BRIGITTE BLANTON	DIRECTOR	1.00	Director	$0	$0	$0
SANDY NEERMAN	DIRECTOR	1.00	Director	$0	$0	$0
GRISELDA CLARK	DIRECTOR	1.00	Director	$0	$0	$0
BARBARA HALBERT	DIRECTOR	1.00	Director	$0	$0	$0
TIMOTHY HANLIN	DIRECTOR	1.00	Director	$0	$0	$0
AFRIQUE KILIMANJARO	DIRECTOR	1.00	Director	$0	$0	$0
FELITA DONNELL	DIRECTOR	1.00	Director	$0	$0	$0
MICHELE RICHARDSON	ASSISTANT SECRETARY	1.00	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	$286,387	$105,806	$1,457,809	$180,581
2024	$181,734	$135,549	$1,261,229	$46,185
2023	$70,035	$103,830	$1,213,862	$-33,795
2022	$63,057	$112,587	$1,246,509	$-49,530
2021	$67,207	$73,856	$1,298,378	$-6,649
2020	$121,589	$103,570	$1,301,900	$18,019
2019	$57,619	$103,167	$1,284,538	$-45,548
2018	$51,355	$95,388	$1,330,033	$-44,033

GREENSBORO PUBLIC LIBRARY FOUNDATION INC