FRIENDS OF THE TELLICO VILLAGE LIBRARY INC (EIN 621577053) - 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

1994

Legal Domicile

Principal Officer

WILLIAM NICOLAI

Phone

8654585199

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF THE TELLICO VILLAGE LIBRARY INC, founded in 1994, is a small nonprofit in the Education sector that reported $295K in total revenue in fiscal year 2023. The organization ran a surplus of $109K, a strong 37% operating margin.

Mission

PROVIDES LIBRARY SERVICES FOR THE COMMUNITY. ALL DONE WITH VOLUNTEERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $344,334

Program Service Revenue $0

Investment Income $-49,598

Other Revenue $0

TOTAL REVENUE $294,736

Expense Breakdown

Grants Paid $8,643

Salaries & Benefits $0

Fundraising Expenses $7,704

Other Expenses $176,888

TOTAL EXPENSES $185,531

Year-over-Year Comparison

	2023	2022	Change
Revenue	$294,736	$283,461	+0.0%
Expenses	$185,531	$209,464	-0.1%
Net Income	$109,205	$73,997	+0.5%

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
CHERYL LAMASTER	PRESIDENT	3.00	Officer	$0	$0	$0
SANDI JORGENSEN	PAST PRESIDENT	8.00	Officer	$0	$0	$0
J KING WILLIAMS	SECRETARY	1.00	Officer	$0	$0	$0
JAMES DEVERS	TREASURER	9.00	Officer	$0	$0	$0
WILLIAM NICOLAI	TREASURER	5.00	Officer	$0	$0	$0
CAROLYN PAGE	ASST TREASURER	5.00	Officer	$0	$0	$0
DEB NOENS	ASST TREASURER	1.00	Officer	$0	$0	$0
SUSAN BENSON	EDUCATION	1.00	Director	$0	$0	$0
JULIE CAMPBELL	MEMBERSHIP	2.00	Director	$0	$0	$0
PHYLLIS THOMPSON	GRANTS	2.00	Director	$0	$0	$0
DONNA ROGINSKI	EVENTS	4.00	Director	$0	$0	$0
PAT MCCRACKEN	PUBLICITY	4.00	Director	$0	$0	$0
BARB ELLERBROCK	PUBLICITY	3.00	Director	$0	$0	$0
CAP PURVIS	MEMBER-AT-LARGE	1.00	Director	$0	$0	$0
BILLIE WHITNEY	MEMBER AT LARGE	6.00	Director	$0	$0	$0
BILL MEESE	STRATEGIC PLAN	5.00	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$294,736	$185,531	$1,849,913	$109,205
2022	$283,461	$209,464	$1,764,016	$73,997
2021	$209,602	$163,272	$1,946,394	$46,330
2020	$202,217	$164,383	$1,950,156	$37,834

FRIENDS OF THE TELLICO VILLAGE LIBRARY INC