LIBRARY AND INFORMATION RESOURCES NETWORK INC

EIN: 650767261 501(c)(3) Education

CLEARWATER, FL

Total Revenue
$3,935,898
Total Expenses
$3,747,365
Total Assets
$2,823,637
Net Assets
$2,741,160
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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
FL
Phone
7275360214
Tax Period
2023-07-01 to 2024-06-30

LIBRARY AND INFORMATION RESOURCES NETWORK INC, founded in 1997, is a community nonprofit in the Education sector that reported $3.9M in total revenue in fiscal year 2023. Expenses of $3.7M left a modest 5% surplus.

Mission

THE MISSION OF LIRN IS TO PROVIDE GROUP PURCHASING AND CENTRALIZED MANAGEMENT OF ELECTRONIC INFO FOR ITS MEMBERS AND TO OPERATE THE AUTHENTICATION GATEWAY TO THESE SERVICES. LIRN PROVIDES MULTIPLE DATABASES FOR USE BY THE FACULTY AND STUDENTS OF ITS MEMBER INSTITUTIONS. WE EMPOWER SCHOOLS TO SUCCESSFULLY EDUCATE YOUR STUDENTS BY PROVIDING AFFORDABLE ACCESS TO QUALITY ACADEMIC RESOURCES AND PROVIDING THE TOOLS AND EXPERTISE NEEDED TO USE THEM.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $308,118
Program Service Revenue $3,509,884
Investment Income $90,512
Other Revenue $27,384
TOTAL REVENUE $3,935,898

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,134,877
Fundraising Expenses $30,997
Other Expenses $298,109
TOTAL EXPENSES $3,747,365

Year-over-Year Comparison

2023 2022 Change
Revenue $3,935,898 $3,871,449 +0.0%
Expenses $3,747,365 $3,262,679 +0.1%
Net Income $188,533 $608,770 -0.7%
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

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Governance

Voting Members
N/A
Independent Members
N/A
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
3
$384,183
Total Directors
5
$158,354
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREW ANDERSON PRES/CEO/TREASURER 40.00
Officer
$211,139 $0 $211,139
SUE ANDERSON COO 40.00
Officer
$173,044 $0 $173,044
THOMAS N TIPSWORD VICE PRES/SECRETARY 1.00
Officer Director
$0 $0 $0
BENJAMIN WILLIAMS TRUSTEE 1.00
Director
$0 $0 $0
JOEL DICICCO TRUSTEE 1.00
Director
$0 $0 $0
MELISSA DAVIS TRUSTEE 1.00
Director
$0 $0 $0
SUZANNE MORRISONWILLIAMS TRUSTEE 40.00
Director
$158,354 $0 $158,354
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 $3,935,898 $3,747,365 $2,823,637 $188,533
2024 $3,935,898 $3,747,365 $2,948,185 $188,533
2023 $3,871,449 $3,262,679 $2,636,516 $608,770
2022 $3,371,019 $2,985,452 $1,954,952 $385,567
2021 $3,169,409 $2,881,259 $1,570,735 $288,150
2020 $2,807,132 $2,751,382 $1,394,144 $55,750
2019 $2,454,547 $2,908,729 $1,211,203 $-454,182
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