TEMPLETON COMMUNITY LIBRARY ASSOCIATION (EIN 770542336) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

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

2000

Legal Domicile

Principal Officer

MELINDA REED

Phone

8052215372

Tax Period

2023-01-01 to 2023-12-31

TEMPLETON COMMUNITY LIBRARY ASSOCIATION, founded in 2000, is a small nonprofit in the Education sector that reported $513K in total revenue in fiscal year 2023. Revenue surged 527% from the prior year, signaling strong growth momentum. The organization ran a surplus of $458K, a strong 89% operating margin.

Mission

MAINTAIN AN ASSOCIATION OF PEOPLE WHO SUPPORT LEARNING THROUGH A COMMUNITY LIBRARY AND THE ESTABLISHMENT OF A LIBRARY FACILITY IN THE TEMPLETON AREA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $500,776

Program Service Revenue $0

Investment Income $11,823

Other Revenue $0

TOTAL REVENUE $512,599

Expense Breakdown

Grants Paid $0

Salaries & Benefits $10,931

Fundraising Expenses $0

Program Expenses $53,700

Other Expenses $43,169

TOTAL EXPENSES $54,100

Year-over-Year Comparison

	2023	2022	Change
Revenue	$512,599	$81,793	+5.3%
Expenses	$54,100	$26,796	+1.0%
Net Income	$458,499	$54,997	+7.3%

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
MELINDA REED	President	25.00	Officer Director	$0	$0	$0
JENNIFER KUHN	1ST VICE PRES	3.00	Officer Director	$0	$0	$0
NANCY WITT	2ND VICE PRES	8.00	Officer Director	$0	$0	$0
NANCIE SECHER	Treasurer	5.00	Officer Director	$0	$0	$0
MALCOM PICKETT	Secretary	3.00	Officer Director	$0	$0	$0
CONNIE KELSEY	Director	2.00	Director	$0	$0	$0
JIM MCGHEE	Director	2.00	Director	$0	$0	$0
SHIRLEY SIGMUND	Director	1.00	Director	$0	$0	$0
CARRIE WOOD	Director	3.00	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	$512,599	$54,100	$2,321,700	$458,499
2022	$81,793	$26,796	$1,859,540	$54,997
2021	$165,808	$13,942	$1,804,543	$151,866
2020	$54,272	$6,194	$1,711,992	$48,078
2019	$157,454	$22,863	$1,654,635	$134,591

TEMPLETON COMMUNITY LIBRARY ASSOCIATION