Hilton Head Island, SC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF THE HILTON HEAD LIBRARY, founded in 1971, is a small nonprofit that reported $111K in total revenue in fiscal year 2024. The organization ran a surplus of $32K, a strong 29% operating margin.
The Friends of the Hilton Head Library was organized as a non-profit organization to promote literacy and encourage the pursuit of life long learning through use of the library's resources. We raise funds to help our library be the first-rate public service our community values expect. The Friends buy books, equipment, and supplies that are not covered by county and state funding; we sponsor events and speakers that are interesting to our community; and we sponsor children's reading programs, as well as many other learning and growth opportunities for both children and adults.
The major portion of The Friends' annual revenue is for the acquisition of new materials and programs for the Hilton Head branch of the Beaufort County library system. In the current fiscal year The...
The major portion of The Friends' annual revenue is for the acquisition of new materials and programs for the Hilton Head branch of the Beaufort County library system. In the current fiscal year The Friends purchased book leases, funded newspaper and magazine subscriptions, and funded many children's programs.
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 | $110,647 | $110,957 | 0.0% |
| Expenses | $78,844 | $84,648 | -0.1% |
| Net Income | $31,803 | $26,309 | +0.2% |
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 |
|---|---|---|---|---|---|---|
| Linda Farrenkolf | President | 2 |
Director
|
$0 | $0 | $0 |
| Paula Beasley | Secretary | 2 |
Director
|
$0 | $0 | $0 |
| Alison Derr | Treasurer | 2 |
Director
|
$0 | $0 | $0 |
| Mary Joan McDuffie | Bookstore Manager | 1 |
Director
|
$0 | $0 | $0 |
| Mary Ann Cyr | Member at Large | 1 |
Director
|
$0 | $0 | $0 |
| Lynn Nelson | Marketing and Communications | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $110,647 | $78,844 | $1,290,216 | $31,803 |
| 2024 | $110,957 | $84,648 | $1,192,635 | $26,309 |
| 2023 | $248,987 | $89,326 | $1,106,191 | $159,661 |
| 2022 | $251,823 | $90,843 | $915,243 | $160,980 |
| 2021 | $48,982 | $129,626 | $877,639 | $-80,644 |
| 2020 | $77,842 | $79,189 | $844,494 | $-1,347 |
| 2019 | $130,870 | $90,284 | $833,605 | $40,586 |
Compare FRIENDS OF THE HILTON HEAD LIBRARY with other nonprofits in South Carolina and across the country.