FRIENDS OF ATHENS MUNICIPAL LIBRARY

EIN: 311498848 501(c)(3) Philanthropy & Grantmaking

Athens, IL

Total Revenue
$4,830
Total Expenses
$6,673
Total Assets
$23,335
Net Assets
$23,335
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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
1998
Legal Domicile
IL
Principal Officer
THERESE URISH
Phone
2177377911
Tax Period
2021-01-01 to 2021-12-31

FRIENDS OF ATHENS MUNICIPAL LIBRARY, founded in 1998, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $5K in total revenue in fiscal year 2021. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $7K exceeded revenue, resulting in a 38% operating deficit.

Mission

PUBLIC LIBRARY

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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 (2021)

Revenue Breakdown

Contributions & Grants $4,830
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $4,830

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $6,673
TOTAL EXPENSES $6,673

Year-over-Year Comparison

2021 2020 Change
Revenue $4,830 $13,149 -0.6%
Expenses $6,673 $2,165 +2.1%
Net Income $-1,843 $10,984 -1.2%
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
7
Independent Members
7
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
4
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VIRGINIA RUBLEY DIRECTOR N/A
Director
$0 $0 $0
CATHY WISEMAN DIRECTOR N/A
Director
$0 $0 $0
BEV HOFFMAN PRESIDENT N/A
Officer
$0 $0 $0
JACKIE HINES VICE PRESIDENT N/A
Officer
$0 $0 $0
GINGER NEWINGHAM SECRETARY N/A
Officer
$0 $0 $0
THERESE URISH TREASURER N/A
Officer
$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
2021 $4,830 $6,673 $23,335 $-1,843
2020 $13,149 $2,165 $25,178 $10,984
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