FRIENDS OF THE MAE S BRUCE LIBRARY THE FRIENDS (EIN 742156592) - 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

Phone

8322476915

Tax Period

2019-01-01 to 2019-12-31

FRIENDS OF THE MAE S BRUCE LIBRARY THE FRIENDS, founded in 1981, is a small nonprofit that reported $346K in total revenue in fiscal year 2019. The organization ran a surplus of $340K, a strong 98% operating margin.

Mission

The Friends of the Mae S Bruce Library shall be a non-profit, non-political organization with these major purposes and objectives. 1. To maintain an association of persons interested in libraries; 2. to focus public attention on library services, facilities, and needs. 3. to raise funds, receive and encourage gifts and bequests to the library; to promote the library as a cultural, educational, and recreational asset to the community.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $343,810

Program Service Revenue $0

Investment Income $117

Other Revenue $2,189

TOTAL REVENUE $346,116

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,000

Other Expenses $6,353

TOTAL EXPENSES $6,353

Year-over-Year Comparison

	2019	2018	Change
Revenue	$346,116	N/A	N/A
Expenses	$6,353	N/A	N/A
Net Income	$339,763	$0	N/A

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
Adam Palmer	President	2.00	Officer	$0	$0	$0
Cathy Daumer	Vice President	1.00	Officer	$0	$0	$0
Sharon Tipton	Secretary	2.00	Officer	$0	$0	$0
Doris Camp	Treasurer	4.00	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
2019	$346,116	$6,353	$383,077	$339,763

FRIENDS OF THE MAE S BRUCE LIBRARY THE FRIENDS