Library Endowment Trust

EIN: 736227587 501(c)(3) Education

Oklahoma City, OK

Total Revenue
$927,155
Total Expenses
$202,430
Total Assets
$7,239,387
Net Assets
$7,236,307
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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
1986
Legal Domicile
OK
Phone
4056063760
Tax Period
2023-07-01 to 2024-06-30

Library Endowment Trust, founded in 1986, is a small nonprofit in the Education sector that reported $927K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $725K, a strong 78% operating margin.

Mission

The Endowment Trust was established to give people a way to make charitable gifts to the library and to raise funds to enhance our libraries and help to meet future library needs.

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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 $134,279
Program Service Revenue $0
Investment Income $273,989
Other Revenue $518,887
TOTAL REVENUE $927,155

Expense Breakdown

Grants Paid $113,800
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $113,800
Other Expenses $88,630
TOTAL EXPENSES $202,430

Year-over-Year Comparison

2023 2022 Change
Revenue $927,155 $747,862 +0.2%
Expenses $202,430 $246,007 -0.2%
Net Income $724,725 $501,855 +0.4%
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
19
Independent Members
19
Employees
N/A
Volunteers
19

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
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ruseal Brewer Trustee 1.00
Director
$0 $0 $0
Amanda Cornmesser Trustee 1.00
Director
$0 $0 $0
Erin Cowan Trustee 1.00
Director
$0 $0 $0
Ron Bryne Secretary / Treasurer 1.00
Officer
$0 $0 $0
Jill Trauschke Trustee 1.00
Director
$0 $0 $0
Cole McLanahan Trustee 1.00
Director
$0 $0 $0
Rose Royal Trustee 1.00
Director
$0 $0 $0
Suzy Sultemeier Trustee 1.00
Director
$0 $0 $0
Sara Suthers Regier Trustee 1.00
Director
$0 $0 $0
Liz Cromwell Trustee 1.00
Director
$0 $0 $0
Lawrence Davis President 1.00
Officer
$0 $0 $0
Meredith Wegener Vice President 1.00
Officer
$0 $0 $0
Rachel Mathew Trustee 1.00
Director
$0 $0 $0
Nick Tricinella Trustee 1.00
Director
$0 $0 $0
Emma Wilson Trustee 1.00
Director
$0 $0 $0
Clayton Dude Trustee 1.00
Director
$0 $0 $0
Lydia Green Trustee 1.00
Director
$0 $0 $0
Stephanie Robberson Trustee 1.00
Director
$0 $0 $0
Marni Russell Trustee 1.00
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 $927,155 $202,430 $7,239,387 $724,725
2023 $747,862 $246,007 $6,516,698 $501,855
2022 $504,874 $1,616,905 $5,986,255 $-1,112,031
2021 $1,689,197 $1,052,200 $7,109,660 $636,997
2020 $316,453 $46,694 $6,469,236 $269,759
2019 $401,444 $107,745 $6,169,034 $293,699
2018 $750,511 $158,981 $5,882,342 $591,530
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