PLANT CITY LIBRARY FOUNDATION INC

EIN: 834078146 501(c)(3) Education

PLANT CITY, FL

Total Revenue
$102,772
Total Expenses
$3,294
Total Assets
$99,478
Net Assets
$99,478
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
FL
Principal Officer
MARION M SMITH
Phone
8137543707
Tax Period
2019-02-07 to 2019-12-31

PLANT CITY LIBRARY FOUNDATION INC, founded in 2019, is a small nonprofit in the Education sector that reported $103K in total revenue in fiscal year 2019. The organization ran a surplus of $99K, a strong 97% operating margin.

Mission

THE FOUNDATION WAS CREATED AS A NONPROFIT CORPORATION TO ENCOURAGE PRIVATE SUPPORT FOR THE BENEFIT OF THE BRUTON MEMORIAL LIBRARY. THE FUNDING/CHARITABLE GIVING COMPLEMENTS, BUT DOES NOT SUPPLANT, THE CITY'S FISCAL RESPONSIBILITY FOR LIBRARY OPERATIONS. A. ACCEPT DONATIONS FROM VARIOUS SOURCES TO THE FOUNDATION ON BEHALF OF THE LIBRARY. B. FUND PROJECTS BENEFITING THE LIBRARY. C. SERVE AS AN AMBASSADOR FOR THE LIBRARY. D. CREATE A LONG-TERM SOURCE OF FUNDING FOR THE 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%)

Sign In — Free (10 views/day)

Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $102,057
Program Service Revenue $0
Investment Income $715
Other Revenue $0
TOTAL REVENUE $102,772

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $3,294
TOTAL EXPENSES $3,294

Year-over-Year Comparison

2019 2018 Change
Revenue $102,772 N/A N/A
Expenses $3,294 N/A N/A
Net Income $99,478 N/A N/A
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

Sign In

Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL COTON DIRECTOR 1.00
Director
$0 $0 $0
MARSHA PASSMORE VICE CHAIR 2.00
Officer Director
$0 $0 $0
TINA PIKE DIRECTOR 1.00
Director
$0 $0 $0
MARION M SMITH CHAIRMAN 2.00
Officer Director
$0 $0 $0
GWENDOLYN THOMAS SECR/TREAS 2.00
Officer Director
$0 $0 $0
ED VERNER DIRECTOR 1.00
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
2019 $102,772 $3,294 $99,478 $99,478
Explore More Nonprofits
Top 100 Nonprofits in Florida Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PLANT CITY LIBRARY FOUNDATION INC with other nonprofits in Florida and across the country.