FRIENDS OF TYE PRESTON MEMORIAL LIBRARY (EIN 742140555) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1981

Legal Domicile

Principal Officer

Janice Epps

Phone

8309643744

Tax Period

2025-01-01 to 2025-12-31

FRIENDS OF TYE PRESTON MEMORIAL LIBRARY, founded in 1981, is a small nonprofit that reported $202K in total revenue in fiscal year 2025. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $183K left a modest 9% surplus.

Mission

Mission Statement: The Friends of the Tye Preston Memorial Library is a 501(c)(3) organization formed to support the growth, development and welfare of the library. Its tax ID number is 74-2140555. All funds raised by Friends' activities directly support the library.

🔒

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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $178,452

Program Service Revenue $110

Investment Income $889

Other Revenue $22,943

TOTAL REVENUE $202,394

Expense Breakdown

Grants Paid $178,608

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $178,608

Other Expenses $4,586

TOTAL EXPENSES $183,194

Year-over-Year Comparison

	2025	2024	Change
Revenue	$202,394	$165,854	+0.2%
Expenses	$183,194	$161,275	+0.1%
Net Income	$19,200	$4,579	+3.2%

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

Governance

Voting Members

Independent Members

Employees

N/A

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
Jim Little	President	4	Officer	$0	$0	$0
Cazilda Steele	VP - Membership	7	Officer	$0	$0	$0
Gayle Tober	VP-Fundraising	2	Officer	$0	$0	$0
Janice Epps	Treasurer	12	Officer	$0	$0	$0
Terry Evans	Secretary	7	Officer	$0	$0	$0
Diane Joppie	Director	2	Officer	$0	$0	$0
Art Williams	Director	5	Officer	$0	$0	$0
Doris Roberts	Director	11	Officer	$0	$0	$0
Connie Howard	Bookstore Manager	9	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	$202,394	$183,194	$46,902	$19,200

FRIENDS OF TYE PRESTON MEMORIAL LIBRARY