HOT SPRINGS COUNTY LIBRARY FOUNDATION (EIN 742046060) - 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

1978

Legal Domicile

Principal Officer

JIM LARSON

Phone

3078643104

Tax Period

2023-07-01 to 2024-06-30

HOT SPRINGS COUNTY LIBRARY FOUNDATION, founded in 1978, is a micro nonprofit that reported $39K in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $19K, a strong 49% operating margin.

Mission

ENCOURAGE GIFTS, ENDOWMENTS AND MEMORIALS FOR LIBRARY BUILDINGS, PROGRAMS, AND SPECIFIC ITEMS FOR THE LIBRARY. ADMINISTER FUNDS GIVEN THROUGH GIFTS, ENDOWMENTS, MEMORIALS OR SALE OF DONATED ITEMS. PROVIDE FINANCIAL ASSISTANCE TO THE LIBRARY.

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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 $0

Program Service Revenue $0

Investment Income $39,174

Other Revenue $0

TOTAL REVENUE $39,174

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $20,025

Other Expenses $20,025

TOTAL EXPENSES $20,025

Year-over-Year Comparison

	2023	2022	Change
Revenue	$39,174	$28,072	+0.4%
Expenses	$20,025	$22,809	-0.1%
Net Income	$19,149	$5,263	+2.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE KOERWITZ	BOARD MEMBER	2.00	Director	$0	$0	$0
CHERYL SHERO	BOARD MEMBER	2.00	Director	$0	$0	$0
JIM LARSON	TREASURER	2.00	Officer	$0	$0	$0
DR VERNON MILLER	SECRETARY	2.00	Officer	$0	$0	$0
MARTY ORAVEC	CHAIRMAN	2.00	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
2025	No data	No data	No data	No data
2024	$39,174	$20,025	$1,710,570	$19,149
2023	$28,072	$22,809	$1,502,194	$5,263
2022	$24,699	$20,405	$1,386,824	$4,294
2021	$19,952	$13,891	$1,691,518	$6,061

HOT SPRINGS COUNTY LIBRARY FOUNDATION