MINEOLA MEMORIAL LIBRARY INC

EIN: 751662848 501(c)(3)

Mineola, TX

Total Revenue
$397,202
Total Expenses
$247,373
Total Assets
$4,845,841
Net Assets
$4,843,845
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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
1921
Legal Domicile
TX
Principal Officer
LOU STEELE
Tax Period
2025-01-01 to 2025-12-31

MINEOLA MEMORIAL LIBRARY INC, founded in 1921, is a small nonprofit that reported $397K in total revenue in fiscal year 2025. The organization ran a surplus of $150K, a strong 38% operating margin.

Mission

THE MINEOLA MEMORIAL LIBRARYS MISSION IS TO INFORM, EMPOWER, AND ENRICH THE LIVES OF ITS PATRONS BY PROVIDING A FACILITY WITH A VARIETY OF UP-TO-DATE MATERIALS AND PROGRAMS

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $177,131
Program Service Revenue $4,695
Investment Income $235,192
Other Revenue $-19,816
TOTAL REVENUE $397,202

Expense Breakdown

Grants Paid $0
Salaries & Benefits $158,792
Fundraising Expenses $0
Program Expenses $34,675
Other Expenses $88,581
TOTAL EXPENSES $247,373

Year-over-Year Comparison

2025 2024 Change
Revenue $397,202 N/A N/A
Expenses $247,373 N/A N/A
Net Income $149,829 N/A N/A
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

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Governance

Voting Members
8
Independent Members
8
Employees
12
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
2
$0
Total Directors
7
$57,635
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY HURLEY LIBRARY DIRECTOR 0.00
Director
$57,635 $0 $57,635
CALENE MILLER DIRECTOR 1.00
Director
$0 $0 $0
BETH SHOCKEY DIRECTOR 1.00
Director
$0 $0 $0
CAROL HOLLEN TREASURER 1.00
Director
$0 $0 $0
HOLLY HERRING DIRECTOR 1.00
Director
$0 $0 $0
ELLEN BROOKE DIRECTOR 0.00
Director
$0 $0 $0
PATRICIA MOORE DIRECTOR 0.00
Director
$0 $0 $0
LOU STEELE CHAIRWOMAN 1.00
Officer
$0 $0 $0
LORI PUCKETT VICE CHAIR 1.00
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
2025 $397,202 $247,373 $4,845,841 $149,829
2024 $246,773 $236,725 $4,308,002 $10,048
2023 $704,436 $248,618 $3,728,808 $455,818
2022 $-200,883 $248,381 $3,273,095 $-449,264
2021 $612,715 $267,737 $3,722,302 $344,978
2020 $377,994 $212,447 $3,376,984 $165,547
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