HIGH POINT PUBLIC LIBRARY FOUNDATION INC

EIN: 203093411 501(c)(3) Education

HIGH POINT, NC

Total Revenue
$3,643
Total Expenses
$1,762
Total Assets
$48,992
Net Assets
$48,992
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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
2005
Legal Domicile
NC
Principal Officer
DAVID WALL
Phone
3368833694
Tax Period
2025-01-01 to 2025-12-31

HIGH POINT PUBLIC LIBRARY FOUNDATION INC, founded in 2005, is a micro nonprofit in the Education sector that reported $4K in total revenue in fiscal year 2025. Revenue fell 97% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2K, a strong 52% operating margin.

Mission

THE MISSION OF THE LIBRARY FOUNDATION IS TO ENHANCE THE LIFE OF THE COMMUNITY BY PROVIDING THE RESOURCES ESSENTIAL FOR APPROPRIATE AND PROACTIVE RESPONSE TO EMERGING COMMUNITY EDUCATION NEEDS AND ISSUES.

Program Service Accomplishments

Program 1
Expenses: $962

TO ESTABLISH AND ADMINISTER A LIBRARY ENDOWMENT TO FUND CAPITAL PROJECTS AND THE EXPANSION OF EXISTING LIBRARY PROGRAMS AND SERVICES, AS WELL AS FUND NEW SERVICES AND PROGRAMS THAT ADDRESS CRITICAL...

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TO ESTABLISH AND ADMINISTER A LIBRARY ENDOWMENT TO FUND CAPITAL PROJECTS AND THE EXPANSION OF EXISTING LIBRARY PROGRAMS AND SERVICES, AS WELL AS FUND NEW SERVICES AND PROGRAMS THAT ADDRESS CRITICAL COMMUNITY LIBRARY NEEDS.

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $2,215
Program Service Revenue $0
Investment Income $1,428
Other Revenue $0
TOTAL REVENUE $3,643

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $962
Other Expenses $1,762
TOTAL EXPENSES $1,762

Year-over-Year Comparison

2025 2024 Change
Revenue $3,643 $118,095 -1.0%
Expenses $1,762 $469,340 -1.0%
Net Income $1,881 $-351,245 -1.0%
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

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
15

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
2
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WIL ELDER CHAIR 0.25
Officer Director
$0 $0 $0
JEFF BENFIELD DIRECTOR 0.25
Director
$0 $0 $0
BARBARA FRYE DIRECTOR 0.25
Director
$0 $0 $0
W GART EVANS DIRECTOR 0.25
Director
$0 $0 $0
PHIL JOHNSTON DIRECTOR 0.25
Director
$0 $0 $0
JAMES ZOLA DIRECTOR 0.25
Director
$0 $0 $0
MARTHA YARBOROUGH DIRECTOR 0.25
Director
$0 $0 $0
DIANE RANKIN DIRECTOR 0.25
Director
$0 $0 $0
DAVID WALL TREASURER 0.25
Officer Director
$0 $0 $0
YVONNE BOSTIC SHORT DIRECTOR 0.25
Director
$0 $0 $0
HOLLY DAVIS FRIENDS LIASION 0.25
Director
$0 $0 $0
PEYTON DAVIS DIRECTOR 0.25
Director
$0 $0 $0
MARY SIZEMORE EXECUTIVE SECRETARY 0.25
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 $3,643 $1,762 $48,992 $1,881
2024 $118,095 $469,340 $47,111 $-351,245
2023 $65,086 $7,179 $398,356 $57,907
2022 $240,742 $3,414 $340,449 $237,328
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