ANCHORAGE LIBRARY FOUNDATION (EIN 920081583) - 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

1981

Legal Domicile

Principal Officer

KIM HAYS

Phone

9072315013

Tax Period

2024-01-01 to 2024-12-31

ANCHORAGE LIBRARY FOUNDATION, founded in 1981, is a small nonprofit that reported $545K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $264K, a strong 48% operating margin.

Mission

BELIEVING THAT FREE PUBLIC LIBRARIES ARE ESSENTIAL TO OUR COMMUNITY, THE ANCHORAGE LIBRARY FOUNDATION WORKS TO PROMOTE, FUND AND SUPPORT THE LONG- TERM VITALITY OF THE ANCHORAGE PUBLIC LIBRARY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $309,167

Program Service Revenue $0

Investment Income $235,601

Other Revenue $0

TOTAL REVENUE $544,768

Expense Breakdown

Grants Paid $82,530

Salaries & Benefits $82,699

Fundraising Expenses $34,374

Program Expenses $94,934

Other Expenses $115,711

TOTAL EXPENSES $280,940

Year-over-Year Comparison

	2024	2023	Change
Revenue	$544,768	$483,278	+0.1%
Expenses	$280,940	$222,870	+0.3%
Net Income	$263,828	$260,408	+0.0%

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

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

$65,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHANNA ALLEN	EXECUTIVE DI	40.00	Officer	$65,000	$0	$65,000
KIM HAYS	PRESIDENT	4.00	Officer Director	$0	$0	$0
CHRIS VAUGHAN THRU 624	VICE PRES (F	2.00	Officer Director	$0	$0	$0
CHELSEA RAY RIEKKOLA 624 - 1224	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
KENRICK MOCK	SECRETARY	2.00	Officer Director	$0	$0	$0
AMANDA KEATES 124 - 324	TREASURER (F	2.00	Officer Director	$0	$0	$0
AUDREY JO MALONE BEGAN 424	TREASURER	2.00	Officer Director	$0	$0	$0
MARGO BELLAMY	TRUSTEE	2.00	Director	$0	$0	$0
CARRIE IRWIN BROWN	TRUSTEE	2.00	Director	$0	$0	$0
SUSANNE FLEEK-GREEN	TRUSTEE	2.00	Director	$0	$0	$0
BRITTA HAMRE	TRUSTEE	2.00	Director	$0	$0	$0
TABITHA KARPOW	TRUSTEE	2.00	Director	$0	$0	$0
MATTHEW MOSER	TRUSTEE	2.00	Director	$0	$0	$0
ANN POTEMPA	TRUSTEE	2.00	Director	$0	$0	$0
CLARE ROSS	TRUSTEE	2.00	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	$544,768	$280,940	$16,841,615	$263,828
2023	$483,278	$222,870	$15,253,101	$260,408
2022	$411,775	$202,688	$13,230,585	$209,087
2021	$452,067	$309,159	$14,897,163	$142,908
2020	$325,581	$207,267	$13,007,742	$118,314
2019	$476,202	$308,982	$11,924,304	$167,220
2018	$630,238	$249,980	$9,887,761	$380,258

ANCHORAGE LIBRARY FOUNDATION