LIBRARY FOUNDATION OF HILLSBORO (EIN 943107840) - 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

1989

Legal Domicile

Principal Officer

DEBORAH CLARKE

Phone

5036152493

Tax Period

2023-01-01 to 2023-12-31

LIBRARY FOUNDATION OF HILLSBORO, founded in 1989, is a micro nonprofit that reported $94K in total revenue in fiscal year 2023. Revenue surged 82% from the prior year, signaling strong growth momentum. The organization ran a surplus of $45K, a strong 48% operating margin.

Mission

THE LIBRARY FOUNDATION OF HILLSBORO DEVELOPS, ADMINISTERS AND ALLOCATES PRIVATE FUNDS TO PROVIDE THE EXTRA MARGIN AND EXCELLENCE FOR THE CITY OF HILLSBORO'S LIBRARY SYSTEM. THE FOUNDATION PROMOTES SUPPORT FOR THE LIBRARY AND ITS PROGRAMS THROUGH ADVOCACY AND PUBLIC AWARENESS.

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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 $32,341

Program Service Revenue $0

Investment Income $20,112

Other Revenue $41,536

TOTAL REVENUE $93,989

Expense Breakdown

Grants Paid $27,035

Salaries & Benefits $0

Fundraising Expenses $12,186

Program Expenses $27,035

Other Expenses $21,935

TOTAL EXPENSES $48,970

Year-over-Year Comparison

	2023	2022	Change
Revenue	$93,989	$51,524	+0.8%
Expenses	$48,970	$50,692	0.0%
Net Income	$45,019	$832	+53.1%

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
DEBORAH CLARKE	PRESIDENT	11.54	Officer	$0	$0	$0
DAVID EDWARDS	VICE PRESIDE	3.46	Officer	$0	$0	$0
ORSON HOEKSEMA	TREASURER	2.08	Officer	$0	$0	$0
KATHY HANNA	DIRECTOR	1.15	Director	$0	$0	$0
GABRIEL GALLARDO-JONES	DIRECTOR	1.15	Director	$0	$0	$0
MARY ELIZABETH RHODES	SECRETARY	2.31	Director	$0	$0	$0
NATALIIA MAKOHON	DIRECTOR	2.77	Director	$0	$0	$0
AMY SHERWOOD	DIRECTOR	2.50	Director	$0	$0	$0
HADI ISKANDARANI	DIRECTOR	1.15	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	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$93,989	$48,970	$647,373	$45,019
2022	$51,524	$50,692	$566,059	$832
2021	$76,923	$35,854	$661,570	$41,069
2020	$61,886	$38,165	$601,684	$23,721
2019	$85,521	$42,155	$556,420	$43,366
2018	$41,133	$27,745	$460,854	$13,388

LIBRARY FOUNDATION OF HILLSBORO