DEKALB LIBRARY FOUNDATION INC (EIN 582404616) - Form 990 Financial Analysis & Trantor Score

🔒

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

1998

Legal Domicile

Principal Officer

CHAD SWANSON

Phone

4045087190

Tax Period

2024-01-01 to 2024-12-31

DEKALB LIBRARY FOUNDATION INC, founded in 1998, is a small nonprofit in the Education sector that reported $357K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $393K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO SUPPORT AND ENHANCE THE DEKALB COUNTY PUBLIC LIBRARY SERVICE, INCLUDING SUPPORT FOR LITERACY PROGRAMS, CHILDREN'S READING PROGRAMS, AND GEORGIA CENTER FOR THE BOOK.

🔒

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 $356,539

Program Service Revenue $0

Investment Income $80

Other Revenue $0

TOTAL REVENUE $356,619

Expense Breakdown

Grants Paid $298,483

Salaries & Benefits $0

Fundraising Expenses $54,482

Program Expenses $317,181

Other Expenses $94,646

TOTAL EXPENSES $393,129

Year-over-Year Comparison

	2024	2023	Change
Revenue	$356,619	$464,908	-0.2%
Expenses	$393,129	$387,830	+0.0%
Net Income	$-36,510	$77,078	-1.5%

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

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

$103,027

Total Directors

$188,509

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM MARTIN	PRESIDENT	2.00	Officer Director	$0	$0	$0
SHARA SANDERS	PAST-PRESIDE	2.00	Officer Director	$0	$0	$0
ELIZABETH NARK	VICE-PRESIDE	2.00	Officer Director	$0	$0	$0
CHAD SWANSON	TREASURER	2.00	Officer Director	$0	$0	$0
KIA BILLINGSLEY	DIRECTOR	1.00	Director	$0	$0	$0
MOLLY MARRAH	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA MCPHILLIPS	DIRECTOR	1.00	Director	$0	$0	$0
MARIA MIRABELLI	DIRECTOR	1.00	Director	$0	$0	$0
MICHELE NESMITH	DIRECTOR	1.00	Director	$0	$0	$0
CHARLOTTE REDO	DIRECTOR	1.00	Director	$0	$0	$0
PAM RYAN	DIRECTOR	1.00	Director	$0	$0	$0
KIESHA STOREY	DIRECTOR	1.00	Director	$0	$0	$0
CAROL MORGAN	EX-OFFICIO	1.00	Director	$0	$0	$0
DEBORAH JACKSON	EX-OFFICIO	1.00	Director	$0	$0	$0
ALISON WEISSINGER	EX-OFFICIO	1.00	Director	$0	$43,323	$188,509
JILL JOPLIN	EXECUTIVE DI	40.00	Officer	$0	$27,932	$103,027

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	$356,619	$393,129	$1,317,145	$-36,510
2023	$464,908	$387,830	$1,253,512	$77,078
2022	$307,436	$369,528	$1,101,389	$-62,092
2021	$352,038	$255,600	$1,309,341	$96,438
2020	$348,569	$231,117	$1,174,441	$117,452
2019	$269,198	$221,384	$1,031,348	$47,814

DEKALB LIBRARY FOUNDATION INC