ROUND TOP LIBRARY ASSOCIATION INC (EIN 742915181) - 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

1999

Legal Domicile

Principal Officer

JULIE WANTLAND

Phone

9792492700

Tax Period

2023-01-01 to 2023-12-31

ROUND TOP LIBRARY ASSOCIATION INC, founded in 1999, is a small nonprofit in the Education sector that reported $361K in total revenue in fiscal year 2023. Net assets of $2.2M represent 72 months of operating reserves.

Mission

THE ROUND TOP FAMILY LIBRARY SHALL BE AN OPEN ACCESSIBLE INSTITUTION PROVIDING INFORMATION THAT ENLIGHTENS AND ENRICHES THE COMMUNITY BY PRESERVING RURAL CULTURE, CHARACTER AND QUALITY OF LIFE IN A CLIMATE THAT ENCOURAGES SELF-EXPRESSION, STIMULATES THE JOY OF READING, CULTIVATES THE APPRECIATION OF BEAUTY AND INSPIRES THE SEARCH FOR KNOWLEDGE. THE LIBRARY SHALL MAKE ITS COLLECTIONS AND FACILITIES ACCESIBLE TO THE COMMUNITY IN ORDER TO SUPPORT THE ENJOYMENT AND EDIFICATION OF ALL AREA CITIZENS REGARDLESS OF AGE, CULTURAL BACKGROUND OR EDUCATION. THE LIBRARY SHALL BE A RESOURCE FOR LOCAL SCHOOLS AND NON-PROFIT ORGANIZATIONS IN ADDITION TO THE GENERAL PUBLIC.

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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 $245,926

Program Service Revenue $24,471

Investment Income $26,127

Other Revenue $64,413

TOTAL REVENUE $360,937

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $160,820

Fundraising Expenses $30,264

Program Expenses $220,027

Other Expenses $187,072

TOTAL EXPENSES $352,892

Year-over-Year Comparison

	2023	2022	Change
Revenue	$360,937	$338,338	+0.1%
Expenses	$352,892	$251,790	+0.4%
Net Income	$8,045	$86,548	-0.9%

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

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
ED ELLIS	PAST PRESIDENT	4.00	Officer Director	$0	$0	$0
JULIE WANTLAND	PRESIDENT	4.00	Officer Director	$0	$0	$0
JENN DIEHL BROADBENT	VICE-PRESIDENT	4.00	Officer Director	$0	$0	$0
VICKI LARUE	VICE-PRESIDENT	4.00	Officer Director	$0	$0	$0
GARY RUSSELL	TREASURER	4.00	Officer Director	$0	$0	$0
KATHY YOUNG	SECRETARY	4.00	Officer Director	$0	$0	$0
STEVE DITSLER	BYBEE FOUNDATION REPRESENT	1.00	Officer Director	$0	$0	$0
SUZANNE ELLIS	BOARD MEMBER	1.00	Director	$0	$0	$0
EMILY SIEMSGLUSZ	BOARD MEMBER	1.00	Director	$0	$0	$0
VAL HINZE	BOARD MEMBER	1.00	Director	$0	$0	$0
JOANIE HAVLICK	BOARD MEMBER	1.00	Director	$0	$0	$0
PAM LANGFORD	BOARD MEMBER	1.00	Director	$0	$0	$0
SHEILA BAIN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARK ELVIG	BOARD MEMBER	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
2024	No data	No data	No data	No data
2023	$360,937	$352,892	$2,182,901	$8,045
2022	$338,338	$251,790	$2,173,316	$86,548
2021	$255,089	$175,051	$2,086,345	$80,038
2020	$213,571	$175,772	$2,005,633	$37,799
2019	$216,035	$203,985	$1,968,469	$12,050
2018	$670,449	$155,161	$1,957,456	$515,288

ROUND TOP LIBRARY ASSOCIATION INC