THOMAS BALCH LIBRARY ENDOWMENT FOUNDATION

EIN: 832849666 501(c)(3) Education

LEESBURG, VA

Total Revenue
$78,531
Total Expenses
$16,495
Total Assets
$1,562,795
Net Assets
$1,562,795
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
VA
Principal Officer
LAURA E CHRISTIANSEN
Phone
7037377195
Tax Period
2025-01-01 to 2025-12-31

THOMAS BALCH LIBRARY ENDOWMENT FOUNDATION, founded in 2015, is a micro nonprofit in the Education sector that reported $79K in total revenue in fiscal year 2025. The organization ran a surplus of $62K, a strong 79% operating margin.

Mission

THE THOMAS BALCH LIBRARY ENDOWMENT FOUNDATION WAS ESTABLISHED IN 2015 TO RECEIVE, MAINTAIN, AND ADMINISTER ASSETS IN PERPETUITY TO SUPPORT PROGRAMS AND OUTREACH SERVICES OF THOMAS BALCH LIBRARY. MEETINGS ARE HELD AT THE THOMAS BALCH LIBRARY, AS NEEDED, ON THE THIRD TUESDAY OF ALTERNATING MONTHS AT NOON.

Program Service Accomplishments

Program 1
Expenses: $590

AT THE BOARD'S DISCRETION MAY PROVIDE FINANCIAL SUPPORT TO EXPANSION OF THE LIBRARY PROGRAMS, PROVIDE GRANTS TO EDUCATION, RESEARCHERS AND SPEAKERS AND PROVIDE FOR PURCHASES AND REPAIRS. IN 2025, THE...

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AT THE BOARD'S DISCRETION MAY PROVIDE FINANCIAL SUPPORT TO EXPANSION OF THE LIBRARY PROGRAMS, PROVIDE GRANTS TO EDUCATION, RESEARCHERS AND SPEAKERS AND PROVIDE FOR PURCHASES AND REPAIRS. IN 2025, THE FOUNDATION INSTALLED A DISPLAY CASE IN MICROFILM ROOM OF THE LIBRARY TO HIGHLIGHT NEW ACQUISITIONS TO THE LIBRARY'S COLLECTION AND WILL PROVIDE MATCHING FUNDS OF UP TO 7,000 TOWARD THE CONSERVATION OF THE ORIGINAL DESK AND CHAIRS FROM THE LIBRARY'S FURNISHING WHEN IT OPENED IN 1922.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $14,672
Program Service Revenue $0
Investment Income $63,859
Other Revenue $0
TOTAL REVENUE $78,531

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $590
Other Expenses $16,495
TOTAL EXPENSES $16,495

Year-over-Year Comparison

2025 2024 Change
Revenue $78,531 $72,850 +0.1%
Expenses $16,495 $23,522 -0.3%
Net Income $62,036 $49,328 +0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
1
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURA E CHRISTIANSEN SECRETARY/TR 8.00
Officer Director
$0 $0 $0
SCOTT BILIGMEIER DIRECTOR 0.25
Director
$0 $0 $0
STEPHEN PRICE DIRECTOR 0.25
Director
$0 $0 $0
JUDY GEROW DIRECTOR 0.25
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 $78,531 $16,495 $1,562,795 $62,036
2024 $72,850 $23,522 $1,371,777 $49,328
2023 $59,726 $48,602 $1,245,255 $11,124
2022 $64,810 $30,169 $1,104,717 $34,641
2021 $88,990 $17,751 $1,310,369 $71,239
2020 $107,814 $42,485 $1,019,991 $65,329
2019 $101,953 $39,523 $884,202 $62,430
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