THE LIBRARY FOUNDATION INC (EIN 830234279) - 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

1983

Principal Officer

DARA CORKERY

Phone

3076870009

Tax Period

2023-07-01 to 2024-06-30

THE LIBRARY FOUNDATION INC, founded in 1983, is a small nonprofit that reported $376K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $233K, a strong 62% operating margin.

Mission

SUPPORT OF THE LIBRARY PROGRAMS AT CAMPBELL COUNTY PUBLIC LIBRARY.

🔒

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 $30,257

Program Service Revenue $16,082

Investment Income $66

Other Revenue $329,794

TOTAL REVENUE $376,199

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,409

Fundraising Expenses $22,640

Program Expenses $36,344

Other Expenses $137,644

TOTAL EXPENSES $143,053

Year-over-Year Comparison

	2023	2022	Change
Revenue	$376,199	$296,411	+0.3%
Expenses	$143,053	$112,619	+0.3%
Net Income	$233,146	$183,792	+0.3%

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

254

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

$113,589

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TERRI LESLEY	LIBRARY DIRE	1.00	Director	$0	$0	$86,586
JOHN JACKSON	LIBRARY DIRE	1.00	Director	$0	$0	$27,003
SHERI ENGLAND	MEMBER	0.50	Director	$0	$0	$0
KASEY SCHURTZ	MEMBER	0.50	Director	$0	$0	$0
KIM SILBAUGH	MEMBER	0.50	Director	$0	$0	$0
JENNY SORENSON	MEMBER	0.50	Director	$0	$0	$0
CHERYL BALLARD	VICE-PRESIDE	0.50	Officer	$0	$0	$0
DARA CORKERY	PRESIDENT	1.00	Officer	$0	$0	$0
BARB MCNUTT	SECRETARY	0.50	Officer	$0	$0	$0
DEB PROCTOR	TREASURER	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
2024	$376,199	$143,053	$3,241,169	$233,146
2023	$296,411	$112,619	$3,005,637	$183,792
2022	$124,455	$595,180	$2,822,196	$-470,725
2021	$696,655	$74,145	$3,311,656	$622,510
2020	$113,211	$83,871	$2,671,731	$29,340
2019	$167,507	$61,826	$2,642,360	$105,681

THE LIBRARY FOUNDATION INC