Friends of the Truckee Library Inc (EIN 680373252) - 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

1995

Legal Domicile

Principal Officer

Tax Period

2023-01-01 to 2023-12-31

Friends of the Truckee Library Inc, founded in 1995, is a small nonprofit in the Education sector that reported $546K in total revenue in fiscal year 2023. Revenue surged 85% from the prior year, signaling strong growth momentum. The organization ran a surplus of $389K, a strong 71% operating margin.

Mission

Support of the Truckee Library and new library building

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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 $543,056

Program Service Revenue $915

Investment Income $2,493

Other Revenue $0

TOTAL REVENUE $546,464

Expense Breakdown

Grants Paid $5,941

Salaries & Benefits $105,652

Fundraising Expenses $1,293

Program Expenses $144,986

Other Expenses $45,755

TOTAL EXPENSES $157,348

Year-over-Year Comparison

	2023	2022	Change
Revenue	$546,464	$295,173	+0.9%
Expenses	$157,348	$107,358	+0.5%
Net Income	$389,116	$187,815	+1.1%

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

N/A

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
April Cole	N/A	40.00		$97,916	$0	$97,916
Louise Zabriskie	President	25.00	Officer Director	$0	$0	$0
Amy Aves	Vice President	8.00	Officer Director	$0	$0	$0
Mary Ellen Clifford	Treasurer	20.00	Officer Director	$0	$0	$0
Rebecca Anderson	Secretary	4.00	Officer Director	$0	$0	$0
Nikki Dean	Director	1.00	Director	$0	$0	$0
Kathleen Eagan	Director	35.00	Director	$0	$0	$0
Michael Rogers	Director	3.00	Director	$0	$0	$0
Elizabeth Gardner	Director	20.00	Director	$0	$0	$0
Joan Jones	Director	12.00	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
2023	$546,464	$157,348	$1,153,333	$389,116
2022	$295,173	$107,358	$762,227	$187,815
2021	$347,813	$55,318	$577,124	$292,495

Friends of the Truckee Library Inc