FRIENDS OF THE PUBLIC LIBRARY OF ANNISTON - CALHOUN COUNTY INC (EIN 311606282) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1971

Legal Domicile

Principal Officer

JIM WAKEFIELD

Phone

2568351823

Tax Period

2024-10-01 to 2025-09-30

FRIENDS OF THE PUBLIC LIBRARY OF ANNISTON-CALOUN COUNTY INC, founded in 1997, is a community nonprofit in the Education sector that reported $1.1M in total revenue in fiscal year 2020. The organization ran a surplus of $997K, a strong 94% operating margin.

Mission

TO PROVIDE SUPPLEMENTAL FINANCIAL SUPPORT TO THE PUBLIC LIBRARY OF ANNISTON/CALHOUN COUNTY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $23,155

Program Service Revenue $21,564

Investment Income $90,348

Other Revenue $0

TOTAL REVENUE $135,067

Expense Breakdown

Grants Paid $147,750

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $179,223

Other Expenses $31,473

TOTAL EXPENSES $179,223

Year-over-Year Comparison

	2024	2023	Change
Revenue	$135,067	$217,636	-0.4%
Expenses	$179,223	$255,144	-0.3%
Net Income	$-44,156	$-37,508	+0.2%

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

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
JIM WAKEFIELD	PRESIDENT	1.00	Officer Director	$0	$0	$0
PATRICIA PATTY	1ST VICE PRE	0.50	Director	$0	$0	$0
DEBBIE STRATTON	2ND VICE PRE	0.50	Officer Director	$0	$0	$0
GWEN HICKS	SECRETARY	1.00	Officer Director	$0	$0	$0
THOMAS BURGESS	TREASURER	2.00	Officer Director	$0	$0	$0
GLENDA BARKER	BOARD MEMBER	2.00	Officer Director	$0	$0	$0
NELL COLEMAN	BOARD MEMBER	0.25	Director	$0	$0	$0
ELIZABETH ENGLEY	BOARD MEMBER	0.25	Director	$0	$0	$0
VIRGINIA PARKER	BOARD MEMBER	0.25	Director	$0	$0	$0
JANICE REAVES	BOARD MEMBER	0.25	Director	$0	$0	$0
MARILYN REYNOLDS	BOARD MEMBER	3.00	Director	$0	$0	$0
SARAH SLOAN	BOARD MEMBER	1.00	Director	$0	$0	$0
CARYL STAHL	BOARD MEMBER	3.00	Officer Director	$0	$0	$0
SANDY WINGO	BOARD MEMBER	0.25	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
2025	$135,067	$179,223	$2,090,006	$-44,156
2024	$217,636	$255,144	$2,090,038	$-37,508
2023	$165,699	$135,352	$1,879,065	$30,347
2022	$171,842	$95,139	$1,719,399	$76,703
2021	$1,059,220	$62,285	$1,914,065	$996,935

FRIENDS OF THE PUBLIC LIBRARY OF ANNISTON - CALHOUN COUNTY INC