Roswell Library Foundation Inc

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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

1974

Legal Domicile

Phone

5756227101

Tax Period

2023-01-01 to 2023-12-31

Roswell Library Foundation Inc, founded in 1974, is a micro nonprofit that reported $27K in total revenue in fiscal year 2023. Revenue fell 31% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $5K, a strong 18% operating margin.

Mission

The Roswell Library Foundation (Foundation) supports the Roswell Public Library by funding programs and projects that educate, inspire and connect the people of Roswell, New Mexico. See Misc Statement for specific projects

Program Service Accomplishments

Program 1

Expenses: $12,128 Revenue: $26,653

The Foundation assisted the Roswell Public Library to: Redesign and expand childrens programs to be age appropriate and encourage preschool childrens school readiness. This included offering weekly Infant and Toddler program (Mother Goose on the Loose) in English and Spanish and weekly Preschool programs (Preschool Storytime, and Music and Movement). Fund weekly hand-on Science, Technology, Reading, Arts and Math programs for elementary and middle school students. Special educational program for families such as Yuletide Festival, Dia de Los Muertos, Dia Childrens Day/Book Day, Spring Break Rocket Camp, and Music programs.

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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 (2023)

Revenue Breakdown

Contributions & Grants $10,425

Program Service Revenue $0

Investment Income $16,228

Other Revenue $0

TOTAL REVENUE $26,653

Expense Breakdown

Grants Paid $12,128

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $12,128

Other Expenses $9,637

TOTAL EXPENSES $21,765

Year-over-Year Comparison

	2023	2022	Change
Revenue	$26,653	$38,668	-0.3%
Expenses	$21,765	$69,743	-0.7%
Net Income	$4,888	$-31,075	-1.2%

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

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
Troy Hays	Director	2.00	Officer Director	$0	$0	$0
Adriann Ragsdale	Vice President	2.00	Officer Director	$0	$0	$0
Kurt Gass	President	2.00	Officer Director	$0	$0	$0
Barbara Hannifin	Director	1.00	Director	$0	$0	$0
Dorothy Redd	Director	1.00	Director	$0	$0	$0
Wes Belding	Director	1.00	Director	$0	$0	$0
Anna Maria Matteucci	Secretary	2.00	Officer Director	$0	$0	$0
Amy Miller	Treasurer	2.00	Director	$0	$0	$0
Alyssa Rogers	Director	1.00	Director	$0	$0	$0
Enid Costley	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
2024	No data	No data	No data	No data
2023	$26,653	$21,765	$801,222	$4,888
2022	$38,668	$69,743	$706,213	$-31,075
2021	$102,647	$169,831	$880,965	$-67,184
2020	$18,100	$13,085	$934,630	$5,015
2019	$18,315	$17,256	$895,500	$1,059
2018	$87,003	$13,134	$803,640	$73,869