FREMONT CO LIBRARY FOUNDN (EIN 830245321) - 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

1978

Legal Domicile

Principal Officer

CODY BEERS

Phone

3073329624

Tax Period

2024-07-01 to 2025-06-30

FREMONT CO LIBRARY FOUNDN, founded in 1978, is a small nonprofit that reported $121K in total revenue in fiscal year 2024. Revenue surged 86% from the prior year, signaling strong growth momentum. The organization ran a surplus of $59K, a strong 49% operating margin.

Mission

THE FOUNDATION COLLECTS CONTRIBUTIONS AND MANAGES FUNDS IN AN ENDOWMENT FUND TO SUPPORT COUNTY LIBRARIES

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $50,487

Program Service Revenue $0

Investment Income $70,823

Other Revenue $0

TOTAL REVENUE $121,310

Expense Breakdown

Grants Paid $23,220

Salaries & Benefits $0

Fundraising Expenses $5,636

Program Expenses $62,135

Other Expenses $38,915

TOTAL EXPENSES $62,135

Year-over-Year Comparison

	2024	2023	Change
Revenue	$121,310	$65,144	+0.9%
Expenses	$62,135	$60,718	+0.0%
Net Income	$59,175	$4,426	+12.4%

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

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
CODY BEERS	PRESIDENT	2	Officer Director	$0	$0	$0
ERNIE OVER	VICE PRES	1	Officer Director	$0	$0	$0
MICHELE BURDIC	SECRETARU	1	Officer Director	$0	$0	$0
JANE LYNN	TREASURER	1	Officer Director	$0	$0	$0
GLORIA BRODLE	DIRECTOR	1	Director	$0	$0	$0
KATHY CUNNINGH	DIRECTOR	1	Director	$0	$0	$0
JOHN PAGLIONE	DIRECTOR	1	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	$121,310	$62,135	$2,340,663	$59,175
2024	$65,144	$60,718	$2,127,210	$4,426
2023	$49,438	$67,563	$1,923,107	$-18,125
2022	$87,074	$54,194	$1,802,170	$32,880
2021	$383,431	$38,874	$1,950,435	$344,557

FREMONT CO LIBRARY FOUNDN