BULLARD COMMUNITY LIBRARY INC

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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

1980

Legal Domicile

Principal Officer

Shannon McEuen

Phone

9038946125

Tax Period

2025-01-01 to 2025-12-31

BULLARD COMMUNITY LIBRARY INC, founded in 1980, is a small nonprofit that reported $102K in total revenue in fiscal year 2025. Revenue surged 37% from the prior year, signaling strong growth momentum. The organization ran a surplus of $42K, a strong 41% operating margin.

Mission

The Mission of the Bullard Community Library is to be a community resource which provides programs and services to people of all ages, races, and capabilities.

Program Service Accomplishments

Program 1

Expenses: $13,908 Revenue: $2,818

12,583 patrons visited the library (6418 adults and 6165 children). 223 new patrons were added in 2025. Over 17,140 E-books, audio books, and videos were circulated either in person at the library or over the internet through our membership in the Overdrive Consortium. We have 7 regular volunteers who logged 2,191 hours assisting our staff and patrons last year and answered 1,284 reference questions.

Program 2

Expenses: $900 Revenue: $1,090

We provide 4 computers with internet access to the public for job searches, research and tax forms. We provide free Wifi access. We also provide print, copy, and fax services. Family budgeting and...

We provide 4 computers with internet access to the public for job searches, research and tax forms. We provide free Wifi access. We also provide print, copy, and fax services. Family budgeting and Medicare information classes are also offered.

Program 3

Expenses: $2,202 Revenue: $0

We host a weekly story hour which includes a craft activity and snack which follows the story theme. We had 1301 adults and 1768 children attend these story hours last year. We hosted a summer...

We host a weekly story hour which includes a craft activity and snack which follows the story theme. We had 1301 adults and 1768 children attend these story hours last year. We hosted a summer reading program with 160 adults and children participating. Activities included a visit from the mobile Creature Teacher and Discovery Science Place mobile planetarium.

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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 (2025)

Revenue Breakdown

Contributions & Grants $77,156

Program Service Revenue $2,341

Investment Income $22,076

Other Revenue $0

TOTAL REVENUE $101,573

Expense Breakdown

Grants Paid $0

Salaries & Benefits $29,569

Fundraising Expenses $0

Program Expenses $17,010

Other Expenses $30,247

TOTAL EXPENSES $59,816

Year-over-Year Comparison

	2025	2024	Change
Revenue	$101,573	$74,277	+0.4%
Expenses	$59,816	$52,631	+0.1%
Net Income	$41,757	$21,646	+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

$3,996

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Carol Olson	Director	24	Highest	$23,472	$0	$23,472
Glennis Hunt	Circulation Clerk	8	Key Emp	$3,996	$0	$3,996
Tammy Johnson	Member at Large	0	Director	$0	$0	$0
Rob Nunziato	Member at Large	0	Director	$0	$0	$0
Billy Jones	Vice President	0	Officer	$0	$0	$0
Shannon McEuen	President	1	Officer	$0	$0	$0
Ila England	Secretary	1	Officer	$0	$0	$0
Ronda Jackson	Treasurer	4	Officer	$0	$0	$0
Martha Dinwiddie	Assistant Treasurer	1	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	$101,573	$59,816	$1,010,573	$41,757
2024	$74,277	$52,631	$903,816	$21,646
2023	$107,778	$64,711	$882,170	$43,067
2022	$62,733	$44,008	$839,103	$18,725
2021	$50,802	$47,969	$820,660	$2,833
2020	$77,711	$102,086	$787,889	$-24,375