The Petersburg Library Foundation Inc (EIN 743090885) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

2002

Legal Domicile

Phone

8047332387

Tax Period

2023-01-01 to 2023-12-31

The Petersburg Library Foundation Inc, founded in 2002, is a small nonprofit in the Education sector that reported $295K in total revenue in fiscal year 2018. Expenses of $282K left a modest 4% surplus.

Mission

THE MISSION OF THE PETERSBURG LIBRARY FOUNDATION IS TO ENSURE THAT THE CITY OF PETERSBURG HAS A SUPERIOR LIBRARY SYSTEM HAVING EXCELLENT FACILITIES AND PROVIDING QUALITY RESOURCES AND INNOVATIVE SOURCES TO ENHANCE EDUCATIONAL AND CULTURAL OPPORTUNITIES FOR ITS CITIZENS.

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $167,113

Program Service Revenue $248,252

Investment Income $0

Other Revenue $1,220

TOTAL REVENUE $416,585

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,702

Fundraising Expenses $5,502

Program Expenses $304,305

Other Expenses $242,017

TOTAL EXPENSES $335,719

Year-over-Year Comparison

	2023	2022	Change
Revenue	$416,585	$562,325	-0.3%
Expenses	$335,719	$538,254	-0.4%
Net Income	$80,866	$24,071	+2.4%

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

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
Robert C Walker	Chairman	15.00	Officer Director	$0	$0	$0
Ann C Taylor	Vice Chairwoman	5.00	Officer Director	$0	$0	$0
Neila L Gunter	Director	1.00	Director	$0	$0	$0
Wayne M Crocker	Secretary	5.00	Officer Director	$0	$0	$0
Brian A Moore	Chair Emeritus	1.00	Director	$0	$0	$0
Muriel Hawkins	Director	1.00	Director	$0	$0	$0
Willis W Walter	Director	1.00	Director	$0	$0	$0
F Heath Myers Jr	Director	10.00	Director	$0	$0	$0
Anita Wynn	Director	1.00	Director	$0	$0	$0
Joy Burroughs	Treasurer	1.00	Officer Director	$0	$0	$0
Belinda S Piercy	Director	0.00	Director	$0	$0	$0
Kipton Currier	Director	1.00	Director	$0	$0	$0
Yvette G Robinson	Director	1.00	Director	$0	$0	$0
Brittani C Edwards	Director	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	$416,585	$335,719	$263,936	$80,866
2022	$562,325	$538,254	$186,458	$24,071
2021	$1,622,780	$2,327,709	$154,347	$-704,929
2020	$583,776	$9,240,695	$855,421	$-8,656,919
2019	$807,888	$377,426	$9,512,641	$430,462
2018	$295,347	$282,224	$9,135,595	$13,123

The Petersburg Library Foundation Inc