FRIENDS OF THE ALLEN COUNTY INDIANA PUBLIC LIBRARY INC

EIN: 351523071 501(c)(3) Education

FORT WAYNE, IN

Total Revenue
$51,924
Total Expenses
$31,895
Total Assets
$662,241
Net Assets
$662,241
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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
1983
Legal Domicile
IN
Principal Officer
JENNIFER BROWN
Phone
2604211265
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF THE ALLEN COUNTY INDIANA PUBLIC LIBRARY INC, founded in 1983, is a micro nonprofit in the Education sector that reported $52K in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion. The organization ran a surplus of $20K, a strong 39% operating margin.

Mission

FRIENDS OF THE ALLEN COUNTY INDIANA PUBLIC LIBRARY, INC. SUPPORTS THE EXPANSION OF THE ALLEN COUNTY PUBLIC LIBRARY AND ITS PARTICIPATION IN COMMUNITY LIFE.

Program Service Accomplishments

Program 1
Expenses: $22,270

SINCE 1981, THE FRIENDS OF THE ALLEN COUNTY INDIANA PUBLIC LIBRARY, INC. HAVE MADE SIGNIFICANT CONTRIBUTIONS TO THE STEADY GROWTH OF THE LIBRARY AND ITS SERVICES TO THE COMMUNITY BY SPONSORING BOOK...

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SINCE 1981, THE FRIENDS OF THE ALLEN COUNTY INDIANA PUBLIC LIBRARY, INC. HAVE MADE SIGNIFICANT CONTRIBUTIONS TO THE STEADY GROWTH OF THE LIBRARY AND ITS SERVICES TO THE COMMUNITY BY SPONSORING BOOK SALES, LIBRARY TOURS, LITERARY PROGRAMS, STAFF DEVELOPMENT AND ENGAGEMENT, AND MAJOR AUTHOR VISITS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,347
Program Service Revenue $0
Investment Income $15,682
Other Revenue $28,895
TOTAL REVENUE $51,924

Expense Breakdown

Grants Paid $22,270
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $22,270
Other Expenses $9,625
TOTAL EXPENSES $31,895

Year-over-Year Comparison

2023 2022 Change
Revenue $51,924 $47,166 +0.1%
Expenses $31,895 $45,802 -0.3%
Net Income $20,029 $1,364 +13.7%
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
11
Independent Members
10
Employees
N/A
Volunteers
10

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
11
$172,109
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUSAN BAIER ACPL DIR, EX 0.50
Director
$0 $33,945 $172,109
AMY ACREE DIRECTOR 0.50
Director
$0 $0 $0
JENNIFER BROWN TREASURER 0.50
Officer Director
$0 $0 $0
ELIZABETH BUSHNELL VICE PRESIDE 0.50
Officer Director
$0 $0 $0
VERNELL FETTIG SECRETARY 0.50
Officer Director
$0 $0 $0
ALAN GRINSFELDER DIRECTOR 0.50
Director
$0 $0 $0
MICHAEL HORTON PRESIDENT 0.50
Officer Director
$0 $0 $0
JAMES WILLIAMS JR DIRECTOR 0.50
Director
$0 $0 $0
KATHIE SESSIONS DIRECTOR 0.50
Director
$0 $0 $0
THOMAS L WOODING DIRECTOR 0.50
Director
$0 $0 $0
LISA WORRELL DIRECTOR 0.50
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 No data No data No data No data
2024 No data No data No data No data
2023 $51,924 $31,895 $662,241 $20,029
2022 $47,166 $45,802 $582,458 $1,364
2021 $51,451 $30,700 $679,623 $20,751
2020 $26,704 $25,616 $611,233 $1,088
2019 $49,642 $74,416 $559,448 $-24,774
2018 $99,884 $51,306 $534,086 $48,578
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