Fulton County Friends of the Library (EIN 251301243) - Form 990 Financial Analysis & Trantor Score

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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

1978

Legal Domicile

Principal Officer

Brandt Mellott

Tax Period

2023-10-01 to 2024-09-30

Fulton County Friends of the Library, founded in 1978, is a small nonprofit that reported $118K in total revenue in fiscal year 2023. Expenses of $110K left a modest 7% surplus.

Mission

To provide funding and support for the Fulton County Library, a non profit organization.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $118,243

Other Revenue $0

TOTAL REVENUE $118,243

Expense Breakdown

Grants Paid $97,010

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $97,010

Other Expenses $12,636

TOTAL EXPENSES $109,646

Year-over-Year Comparison

	2023	2022	Change
Revenue	$118,243	$117,071	+0.0%
Expenses	$109,646	$141,512	-0.2%
Net Income	$8,597	$-24,441	-1.4%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Elizabeth Boyd	Board Member	000.25	Director	$0	$0	$0
Sarah Duvall	Secretary	000.25	Officer Director	$0	$0	$0
Pam Ott	Board Member	000.25	Director	$0	$0	$0
Cindy Fraker	Board Member	000.25	Director	$0	$0	$0
Dori Ann Hoffman	Board Member	000.25	Director	$0	$0	$0
Don Sheehan	President	000.25	Officer Director	$0	$0	$0
Jamie Baker	VP	000.25	Officer Director	$0	$0	$0
Brandt Mellott	Treasurer	000.25	Officer Director	$0	$0	$0
Kathaleen O'Connor	Board Member	000.25	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
2024	$118,243	$109,646	$2,841,831	$8,597
2023	$117,071	$141,512	$2,485,532	$-24,441
2022	$183,678	$113,249	$2,420,442	$70,429
2021	$224,068	$117,252	$2,893,112	$106,816
2020	$162,983	$109,356	$2,660,643	$53,627
2019	$123,098	$130,743	$2,609,816	$-7,645
2018	$176,563	$106,886	$2,614,088	$69,677

Fulton County Friends of the Library