MERIDIAN LIBRARY ASSOCIATION INC (EIN 742951376) - 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

2002

Legal Domicile

Principal Officer

DIANNE MOBLEY

Phone

2544359100

Tax Period

2024-01-01 to 2024-12-31

MERIDIAN LIBRARY ASSOCIATION INC, founded in 2002, is a small nonprofit in the Education sector that reported $239K in total revenue in fiscal year 2024. Revenue surged 160% from the prior year, signaling strong growth momentum. The organization ran a surplus of $170K, a strong 71% operating margin.

Mission

PROVIDE LIBRARY SERVICES TO THE CITIZENS OF MERIDIAN AND SURROUNDING AREAS

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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 (2024)

Revenue Breakdown

Contributions & Grants $168,232

Program Service Revenue $1,009

Investment Income $43,524

Other Revenue $26,013

TOTAL REVENUE $238,778

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,907

Fundraising Expenses $0

Program Expenses $68,948

Other Expenses $36,041

TOTAL EXPENSES $68,948

Year-over-Year Comparison

	2024	2023	Change
Revenue	$238,778	$91,936	+1.6%
Expenses	$68,948	$64,383	+0.1%
Net Income	$169,830	$27,553	+5.2%

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

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
KATE BRASFIELD	PRESIDENT	2.00	Officer	$0	$0	$0
DIANNE MOBLEY	TREASURER	1.00	Officer	$0	$0	$0
DANA WILLIAMS	SECRETARY	1.00	Officer	$0	$0	$0
JEANETTE KATTNER	VICE PRESIDENT	1.00	Officer	$0	$0	$0
SAYRA SCHARTZ	BOARD MEMBER	1.00	Director	$0	$0	$0
JANE WRAY	BOARD MEMBER	1.00	Director	$0	$0	$0
DARCI ALLEN	BOARD MEMBER	1.00	Director	$0	$0	$0
KERRY HICKS	BOARD MEMBER	1.00	Director	$0	$0	$0
LORI CHOATE	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	$238,778	$68,948	$373,815	$169,830

MERIDIAN LIBRARY ASSOCIATION INC