PHILADELPHIA, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF THE FREE LIBRARY OF PHILADELPHIA INC, founded in 1973, is a small nonprofit in the Education sector that reported $148K in total revenue in fiscal year 2024. Revenue fell 72% from the prior year — a significant decline worth monitoring. Expenses of $230K exceeded revenue, resulting in a 56% operating deficit.
FRIENDS OF THE FREE LIBRARY OF PHILADELPHIA, INC. (THE ORGANIZATION), FOUNDED IN 1973, IS AN INDEPENDENT, NONPROFIT ORGANIZATION THAT SUPPORTS THE 54-BRANCH FREE LIBRARY SYSTEM BY ESTABLISHING AND ASSISTING A NETWORK OF NEIGHBORHOOD-BASED FRIENDS GROUPS WHO STRENGTHEN AND STEWARD THEIR LOCAL LIBRARY; ADVOCATING FOR STABLE, EQUITABLE AND SIGNIFICANT LIBRARY SERVICES FOR THE CITY OF PHILADELPHIAS CHILDREN AND ADULTS.
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 | $147,942 | $523,266 | -0.7% |
| Expenses | $230,293 | $275,107 | -0.2% |
| Net Income | $-82,351 | $248,159 | -1.3% |
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 |
|---|---|---|---|---|---|---|
| YVETTE HILL ROBINSON | CO-CHAIR OF | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LINDA COLWELL-SMITH | CO-CHAIR OF | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MYRA PARKER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALICE WELLS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANNA STEINER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| BETTY BAURFORT | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ERME MAULA | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JAN LESEUR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $147,942 | $230,293 | $1,195,778 | $-82,351 |
| 2024 | $523,266 | $275,107 | $1,285,417 | $248,159 |
| 2023 | $929,690 | $186,657 | $1,034,149 | $743,033 |
| 2022 | $169,890 | $130,846 | $278,992 | $39,044 |
| 2021 | $146,131 | $92,619 | $239,893 | $53,512 |
| 2020 | $81,649 | $104,225 | $185,192 | $-22,576 |
| 2019 | $188,312 | $138,093 | $208,384 | $50,219 |
| 2018 | $131,476 | $172,513 | $349,462 | $-41,037 |
Compare FRIENDS OF THE FREE LIBRARY OF PHILADELPHIA INC with other nonprofits in Pennsylvania and across the country.