ANNISTON, AL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF THE PUBLIC LIBRARY OF ANNISTON - CALHOUN COUNTY INC, founded in 1971, is a small nonprofit in the Education sector that reported $135K in total revenue in fiscal year 2024. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $179K exceeded revenue, resulting in a 33% operating deficit.
TO PROVIDE SUPPLEMENTAL FINANCIAL SUPPORT TO THE PUBLIC LIBRARY OF ANNISTON/CALHOUN COUNTY.
THE FRIENDS HAS ONLY ONE MISSION, TO SUPPORT THE PUBLIC LIBRARY FINANCIALLY, TO PERMIT THEM TO UPGRADE COMPUTERS, CREATE A LOCAL MEANS OF HOUSEHOLD TOOLS AND EQUIPMENT, UPGRADE FURNITURE AND...
THE FRIENDS HAS ONLY ONE MISSION, TO SUPPORT THE PUBLIC LIBRARY FINANCIALLY, TO PERMIT THEM TO UPGRADE COMPUTERS, CREATE A LOCAL MEANS OF HOUSEHOLD TOOLS AND EQUIPMENT, UPGRADE FURNITURE AND EQUIPMENT AND ADD SOME PART-TIME SERVICING EMPLOYEES. IN ADDITION, THE FRIENDS ASSIST AND / OR SUPPORT LARGER EVENTS SUCH AS MOBILE BOOK BUS REPAIRS / REPLACEMENT, HVAC, AND OTHER UNPLANNED MAJOR EVENTS THAT ARISE OVER THE YEARS, AS NECESSARY FOR IT TO CONTINUE SERVICES WITHOUT INTERRUPTION.
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 | $135,067 | $217,636 | -0.4% |
| Expenses | $179,223 | $255,144 | -0.3% |
| Net Income | $-44,156 | $-37,508 | +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 |
|---|---|---|---|---|---|---|
| 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 |
| 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 |
Compare FRIENDS OF THE PUBLIC LIBRARY OF ANNISTON - CALHOUN COUNTY INC with other nonprofits in Alabama and across the country.