THE LIBRARY FOUNDATION OF BURKE CO… - Form 990 Financial Data

🔒

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

2001

Legal Domicile

Principal Officer

MARK K MILLER

Phone

8284375638

Tax Period

2024-07-01 to 2025-06-30

THE LIBRARY FOUNDATION OF BURKE COUNTY, founded in 2001, is a small nonprofit in the Education sector that reported $341K in total revenue in fiscal year 2024. The organization ran a surplus of $153K, a strong 45% operating margin.

Mission

THE LIBRARY FOUNDATION OF BURKE COUNTY, INC'S PURPOSE IS TO SUPPORT, PROMOTE, DEVELOP, SUPPLEMENT AND OTHERWISE ENHANCE THE FACILITIES, SERVICES, COLLECTIONS, PROGRAMS AND OUTREACH OF THE BURKE COUNTY PUBLIC LIBRARY.

Program Service Accomplishments

Program 1

Expenses: $5,576 Revenue: $4,586

THE FOUNDATION PURCHASED BOOKS AND OTHER MATERIALS FOR THE LIBRARY COLLECTIONS.

Program 2

Expenses: $93,762 Revenue: $8,928

THE FOUNDATION FUNDED VARIOUS PROGRAMS PRESENTED BY BURKE COUNTY PUBLIC LIBRARY INCLUDING ADULT PROGRAMMING COVERING MUSIC, FILM AND GARDENING AND SUMMER READING PROGRAMS FOR CHILDREN, YOUNG ADULTS AND ADULTS. ADDITIONAL PROGRAMS FUNDED BY THE FOUNDATION INCLUDED SERVICES FOR YOUNG ADULTS,CHILDREN, THE DEAF COMMUNITY, AND SPEAKERS OF ENGLISH AS A SECOND LANGUAGE.

Program 3

Expenses: $22,385

THE LIBRARY FOUNDATION OF BURKE COUNTY SUPPORTS THE BURKE COUNTY LIBRARY SYSTEM WITH SUPPORT FOR OPERATIONAL EQUIPMENT AND SUPPLIES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $234,936

Program Service Revenue $13,514

Investment Income $65,060

Other Revenue $27,499

TOTAL REVENUE $341,009

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,040

Fundraising Expenses $1,556

Program Expenses $121,723

Other Expenses $186,536

TOTAL EXPENSES $187,576

Year-over-Year Comparison

	2024	2023	Change
Revenue	$341,009	$347,571	0.0%
Expenses	$187,576	$156,156	+0.2%
Net Income	$153,433	$191,415	-0.2%

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

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
JEAN VANNOPPEN	CO-CHAIRMAN	2.00	Officer Director	$0	$0	$0
ROUNTREE COLLETT	VICE CHAIRMAN	2.00	Officer Director	$0	$0	$0
MARK MILLER	TREASURER	2.00	Officer Director	$0	$0	$0
MARY CHARLOTTE SAFFORD	SECRETARY	2.00	Officer Director	$0	$0	$0
STEPHANIE DONLAVAGE	DIRECTOR	1.00	Director	$0	$0	$0
GAIL WILLIAMSON	DIRECTOR	1.00	Director	$0	$0	$0
NANCY VANNOPPEN	CO-CHAIRMAN	1.00	Officer Director	$0	$0	$0
LU GRIFFIN	DIRECTOR	1.00	Director	$0	$0	$0
HOLLY FARLOW	DIRECTOR	1.00	Director	$0	$0	$0
JAIME MONEY	DIRECTOR	1.00	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
2025	$341,009	$187,576	$1,223,988	$153,433
2024	$347,571	$156,156	$1,069,094	$191,415
2023	$222,841	$161,419	$877,679	$61,422
2022	$221,493	$144,758	$816,257	$76,735
2021	$190,560	$154,456	$739,522	$36,104
2020	$172,159	$170,980	$703,418	$1,179
2019	$211,592	$453,339	$702,239	$-241,747

THE LIBRARY FOUNDATION OF BURKE COUNTY