Albuquerque, NM
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Friends of the Albuquerque Public Library, founded in 1970, is a small nonprofit in the Education sector that reported $208K in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Net assets of $706K represent 41 months of operating reserves.
The primary mission is to maintain a charitable and educational organization to support the library; to increase the librarys resources; to advocate for the public library; to recycle donated materials; to stimulate use of the librarys resources; and to encourage and support educational and literacy programs through the library.
Grants are provided to the library for book purchases, adult literacy, special adult programs, summer reading programs, library staff conferences and training, and other operational support.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $207,885 | $251,246 | -0.2% |
| Expenses | $203,445 | $230,284 | -0.1% |
| Net Income | $4,440 | $20,962 | -0.8% |
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 |
|---|---|---|---|---|---|---|
| Peter Ives | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Katherine Jackson | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Taffy Tagliaferro Epler | Director | 1.00 |
Director
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$0 | $0 | $0 |
| Morgan Langer | Vice President | 1.00 |
Officer
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$0 | $0 | $0 |
| Kristopher Kopec | Vice President | 1.00 |
Officer
|
$0 | $0 | $0 |
| Karen Nordquist | Treasurer | 1.00 |
Officer
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$0 | $0 | $0 |
| Angela Mihm | President | 1.00 |
Officer
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$0 | $0 | $0 |
| Jessica Langer | Secretary | 1.00 |
Officer
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $207,885 | $203,445 | $711,248 | $4,440 |
| 2024 | $251,246 | $230,284 | $662,493 | $20,962 |
| 2023 | $229,189 | $206,873 | $636,355 | $22,316 |
| 2022 | $108,403 | $172,397 | $616,513 | $-63,994 |
| 2021 | $218,819 | $109,977 | $677,685 | $108,842 |
| 2020 | $186,882 | $160,253 | $567,882 | $26,629 |
| 2019 | $251,102 | $232,447 | $553,099 | $18,655 |
Compare Friends of the Albuquerque Public Library with other nonprofits in New Mexico and across the country.