ABILENE LIBRARY CONSORTIUM (EIN 752216565) - 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

1990

Legal Domicile

Principal Officer

EDWARD SMITH

Phone

3256727081

Tax Period

2024-06-01 to 2025-05-31

ABILENE LIBRARY CONSORTIUM, founded in 1990, is a small nonprofit that reported $407K in total revenue in fiscal year 2024.

Mission

TO ENHANCE INFORMATIONAL, EDUCATIONAL, AND CULTURAL RESOURCES IN THE ABILENE, TX AREA BY STRENGTHENING LIBRARY HOLDINGS AND PROVIDE DATA PROCESSING SERVICES TO LIBRARIES, INSTITUTIONS, AND INDIVIDUALS.

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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 $4,000

Program Service Revenue $393,033

Investment Income $10,373

Other Revenue $0

TOTAL REVENUE $407,406

Expense Breakdown

Grants Paid $0

Salaries & Benefits $245,360

Fundraising Expenses $0

Program Expenses $383,311

Other Expenses $167,388

TOTAL EXPENSES $412,748

Year-over-Year Comparison

	2024	2023	Change
Revenue	$407,406	$388,160	+0.0%
Expenses	$412,748	$491,901	-0.2%
Net Income	$-5,342	$-103,741	-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

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

$114,786

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD SMITH	EXECUTIVE DI	40.00	Officer	$0	$22,004	$114,786
DR CHRISTOPHER MCNAIR	PRESIDENT	2.00	Officer Director	$0	$0	$0
DR SUSAN LEWIS	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
DR CINDY MARTIN	TREASURER	2.00	Officer Director	$0	$0	$0
DR NATHAN LANE	BOARD MEMBER	1.00	Director	$0	$0	$0
MINDY PATTERSON	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
2025	$407,406	$412,748	$658,169	$-5,342
2024	$388,160	$491,901	$649,238	$-103,741
2023	$511,297	$563,162	$620,295	$-51,865
2022	$520,101	$574,166	$675,861	$-54,065
2021	$500,007	$586,802	$770,882	$-86,795
2020	$502,278	$575,110	$765,354	$-72,832
2019	$351,449	$602,406	$841,995	$-250,957
2018	$413,481	$783,361	$1,088,326	$-369,880

ABILENE LIBRARY CONSORTIUM