JACKSON-MADISON COUNTY LIBRARY FOUNDATION

EIN: 621835909 501(c)(3) Education

JACKSON, TN

Total Revenue
$22,677
Total Expenses
$556,159
Total Assets
$123,419
Net Assets
$123,419
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
TN
Principal Officer
LYNDA CLIMER
Phone
7316681162
Tax Period
2022-01-01 to 2022-12-31

JACKSON-MADISON COUNTY LIBRARY FOUNDATION, founded in 1999, is a micro nonprofit in the Education sector that reported $23K in total revenue in fiscal year 2022. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $556K exceeded revenue, resulting in a 2353% operating deficit.

Mission

THE JACKSON MADISON COUNTY LIBRARY FOUNDATION WAS CREATED AS A TENNESSEE NON PROFIT CORPORATION FOR THE PURPOSES OF PROVIDING, ORGANIZING AND ADMINISTERING SUPPORT TO THE JACKSON MADISON COUNTY LIBARY.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $3,500
Program Service Revenue $0
Investment Income $47
Other Revenue $19,130
TOTAL REVENUE $22,677

Expense Breakdown

Grants Paid $553,736
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $554,899
Other Expenses $2,423
TOTAL EXPENSES $556,159

Year-over-Year Comparison

2022 2021 Change
Revenue $22,677 $687,648 -1.0%
Expenses $556,159 $106,850 +4.2%
Net Income $-533,482 $580,798 -1.9%
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

Sign In

Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
22

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
4
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRENDA WHALLEY BOARD MEMBER 0.50
Director
$0 $0 $0
CHRISTY YOUNG BOARD MEMBER 0.50
Director
$0 $0 $0
JOAN GRAVES BOARD MEMBER 0.50
Director
$0 $0 $0
JOAN TOMLIN BOARD MEMBER 0.50
Director
$0 $0 $0
KRISTI TURNBOW BOARD MEMBER 0.50
Director
$0 $0 $0
LIZA FORBES BOARD MEMBER 0.50
Director
$0 $0 $0
SHARON YOUNGER BOARD MEMBER 0.50
Director
$0 $0 $0
SHEILA ARNOLD BOARD MEMBER 2.00
Director
$0 $0 $0
STAN HARRIS BOARD MEMBER 0.50
Director
$0 $0 $0
SUSAN MARIE FRANCISCO BOARD MEMBER 0.50
Director
$0 $0 $0
TRACEY BRUEGGEMAN BOARD MEMBER 0.50
Director
$0 $0 $0
VAL EXUM BOARD MEMBER 0.50
Director
$0 $0 $0
TERESA LITTRELL MCSWEENY BOARD MEMBER 0.50
Director
$0 $0 $0
MARY JANE MCWHERTER BOARD MEMBER 0.50
Director
$0 $0 $0
CATHY FARMER VICE-CHAIR 0.50
Officer
$0 $0 $0
DENISE AGEE ALLEN CHAIR 2.00
Officer
$0 $0 $0
LYNDA CLIMER TREASURER 2.00
Officer
$0 $0 $0
ROBYN LENTS 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
2022 $22,677 $556,159 $123,419 $-533,482
2021 $687,648 $106,850 $656,901 $580,798
Explore More Nonprofits
→Top 100 Nonprofits in Tennessee →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare JACKSON-MADISON COUNTY LIBRARY FOUNDATION with other nonprofits in Tennessee and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.