MERIDIAN LIBRARY DISTRICT FOUNDATION INC (EIN 834381711) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

Eryn Turner

Phone

2088884451

Tax Period

2021-01-01 to 2021-12-31

MERIDIAN LIBRARY DISTRICT FOUNDATION INC, founded in 2019, is a small nonprofit in the Education sector that reported $324K in total revenue in fiscal year 2021. Revenue surged 1407% from the prior year, signaling strong growth momentum. The organization ran a surplus of $297K, a strong 92% operating margin.

Mission

Meridian Library Foundation raises funds to support the capital needs of the Meridian Library District through grant writing, individual donations, and through various community fundraising events.

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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%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $324,157

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $324,157

Expense Breakdown

Grants Paid $25,369

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $1,441

TOTAL EXPENSES $26,810

Year-over-Year Comparison

	2021	2020	Change
Revenue	$324,157	$21,503	+14.1%
Expenses	$26,810	$4,217	+5.4%
Net Income	$297,347	$17,286	+16.2%

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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Victoria Henderson	Board Chair	2.00	Officer Director	$0	$0	$0
Edward Humphreys	Director	1.00	Director	$0	$0	$0
Christina Torkelson	Treasurer	1.00	Officer Director	$0	$0	$0
Josh Cummings	Vice Chair	1.00	Officer Director	$0	$0	$0
Stephanie Hansen	Director	1.00	Director	$0	$0	$0
Cameron Eagons	Director	1.00	Director	$0	$0	$0
Dom Gelsomino	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
2021	$324,157	$26,810	$319,582	$297,347

MERIDIAN LIBRARY DISTRICT FOUNDATION INC