ARKLINK LIBRARY CONSORTIUM

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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

2004

Legal Domicile

Principal Officer

AMY MCGOHAN

Phone

9188590447

Tax Period

2024-01-01 to 2024-12-31

ARKLINK LIBRARY CONSORTIUM, founded in 2004, is a small nonprofit in the Education sector that reported $450K in total revenue in fiscal year 2024.

Mission

THE MISSION OF ARKLINK SHALL BE TO INCREASE ENHANCE AND FACILITATE COOPERATION AMOUNG THE LIBRARIES IN THE STATE OF ARKANSAS THROUGH CONSORTIA PURCHASING OF RESOURCES EXPANDING ACCESS TO RESOURCES AND ENCOURAGING PARTNERSHIPS BETWEEN AND AMONG ACADEMIC LIBRARIES

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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 $4,450

Program Service Revenue $445,418

Investment Income $45

Other Revenue $0

TOTAL REVENUE $449,913

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $449,777

Other Expenses $449,777

TOTAL EXPENSES $449,777

Year-over-Year Comparison

	2024	2023	Change
Revenue	$449,913	$429,287	+0.0%
Expenses	$449,777	$435,461	+0.0%
Net Income	$136	$-6,174	-1.0%

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

N/A

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
N/A	PAST PRESIDENT	4.00	Director	$0	$0	$0
N/A	CURRENT TREASURER	4.00	Officer	$0	$0	$0
APRIL SHEPPARD	SECRETARY	4.00	Officer	$0	$0	$0
N/A	PRESIDENT	4.00	Officer	$0	$0	$0
RODNEY LIPPARD	VICE PRESIDENT/ PRES-ELECT	4.00	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	No data	No data	No data	No data
2024	$449,913	$449,777	$65,237	$136
2023	$429,287	$435,461	$57,433	$-6,174
2022	$454,816	$456,297	$63,607	$-1,481
2021	$455,203	$439,203	$65,088	$16,000
2020	$484,440	$492,341	$51,604	$-7,901
2019	$576,064	$535,997	$116,774	$40,067