Charlotte, VT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Friends of the Charlotte Library Inc, founded in 1994, is a small nonprofit in the Education sector that reported $292K in total revenue in fiscal year 2019. Expenses of $552K exceeded revenue, resulting in a 89% operating deficit.
The Friends of the Charlotte Library raises funds to support and promote the local library's mission to provide access to the best traditional and contemporary library services for our town.
The Charlotte Library is in the midst of a multi-year capital campaign to fund the library expansion. After a vote of approval from the Town of Charlotte to fund half of the project with a bond, the...
The Charlotte Library is in the midst of a multi-year capital campaign to fund the library expansion. After a vote of approval from the Town of Charlotte to fund half of the project with a bond, the Friends of The Charlotte Library successfully raised the remaining funds needed. In the fiscal year ended June 30, 2020, the Friends of the Charlotte Library spent $540,000 of the capital campaign funds raised on building construction and renovation.
The organization provided funds for programming including purchasing new books and library materials, which supplement the Library's regular book budget and allows for more breadth in the Library's...
The organization provided funds for programming including purchasing new books and library materials, which supplement the Library's regular book budget and allows for more breadth in the Library's collection.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2019 | 2018 | Change | |
|---|---|---|---|
| Revenue | $292,269 | $289,413 | +0.0% |
| Expenses | $552,396 | $53,928 | +9.2% |
| Net Income | $-260,127 | $235,485 | -2.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Nan Mason | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Beth Merritt | Treasurer | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Dana Murphy | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Shanley Hinge | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Carol Clay | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Laurie Hartmann Moser | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Missy Adams | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2020 | $292,269 | $552,396 | $70,069 | $-260,127 |
| 2019 | $289,413 | $53,928 | $290,227 | $235,485 |
Compare Friends of the Charlotte Library Inc with other nonprofits in Vermont and across the country.