TOLEDO, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF THE TOLEDO LUCAS COUNTY PUBLIC LIBRARY, founded in 1970, is a small nonprofit that reported $137K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $69K, a strong 50% operating margin.
PROMOTION AND SUPPORT OF THE TOLEDO LUCAS COUNTY PUBLIC LIBRARY AND ITS PROGRAMS.
PROGRAM EXPENSES - TO MAINTAIN AN ASSOCIATION OF PERSONS INTERESTED IN LIBRARIES AND TO FOCUS ATTENTION ON THE LIBRARY, TO DISSEMINATE THE LIBRARIES' RESOURCES AND SERVICES, TO LEND FINANCIAL SUPPORT...
PROGRAM EXPENSES - TO MAINTAIN AN ASSOCIATION OF PERSONS INTERESTED IN LIBRARIES AND TO FOCUS ATTENTION ON THE LIBRARY, TO DISSEMINATE THE LIBRARIES' RESOURCES AND SERVICES, TO LEND FINANCIAL SUPPORT IN CASES WHERE TAX FUNDS MAY NOT BE USED TO ENCOURAGE CONTRIBUTIONS AND ENDOWMENTS TO THE LIBRARY AND THE LIBRARY LEGACY FOUNDATION, TO SUPPORT AND COOPERATE WITH THE LIBRARY IN DEVELOPING LIBRARY SERVICES AND FACILITIES FOR THE COMMUNITY TO LEND LEGISLATIVE SUPPORT WHERE NEEDED TO SUPPORT THE FREEDOM TO READ AS EXPRESSED IN THE AMERICAN LIBRARY ASSOCIATION BILL OF RIGHTS.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $137,222 | $175,851 | -0.2% |
| Expenses | $68,322 | $259,141 | -0.7% |
| Net Income | $68,900 | $-83,290 | -1.8% |
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 |
|---|---|---|---|---|---|---|
| JOE ZIELINSKI | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEIRAN MENACHER | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID DENNIS | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LOUISE EHRICK | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ERNIE WALKER | TRUSTEE | 0.50 |
Director
|
$0 | $0 | $0 |
| JENNY BARLOS | TRUSTEE | 0.50 |
Director
|
$0 | $0 | $0 |
| MARIANNE MUSSETT | TRUSTEE | 0.50 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $137,222 | $68,322 | $346,880 | $68,900 |
| 2022 | $175,851 | $259,141 | $277,620 | $-83,290 |
| 2021 | $107,180 | $62,033 | $360,300 | $45,147 |
| 2020 | $88,373 | $59,036 | $322,042 | $29,337 |
| 2019 | $176,461 | $59,553 | $286,243 | $116,908 |
| 2018 | $172,119 | $101,690 | $168,736 | $70,429 |
Compare FRIENDS OF THE TOLEDO LUCAS COUNTY PUBLIC LIBRARY with other nonprofits in Ohio and across the country.