NEW ALBANY-FLOYD COUNTY PUBLIC LIBRARY F

EIN: 371514991 501(c)(3) Education

NEW ALBANY, IN

Total Revenue
$29,306
Total Expenses
$16,817
Total Assets
$666,293
Net Assets
$666,293
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
IN
Principal Officer
JOE BOESING
Phone
8129493734
Tax Period
2024-01-01 to 2024-12-31

NEW ALBANY-FLOYD COUNTY PUBLIC LIBRARY F, founded in 2005, is a micro nonprofit in the Education sector that reported $29K in total revenue in fiscal year 2024. Revenue surged 188% from the prior year, signaling strong growth momentum. The organization ran a surplus of $12K, a strong 43% operating margin.

Mission

THE LIBRARY FOUNDATION WAS FOUNDED FOR THE SOLE PURPOSE OF BENEFITING, PROMOTING, SUPPORTING, AND ENHANCING THE PROGRAMS, SERVICES, AND LOCATIONS OF THE NEW ALBANY-FLOYD COUNTY PUBLIC LIBRARY, WHOSE MISSION IS TO SUPPORT THE GROWTH AND CREATIVITY OF AN ENGAGED, INFORMED, AND CONNECTED COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $10,750

SUPPORT OF THE NEW ALBANY FLOYD COUNTY PUBLIC LIBRARY

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $300
Program Service Revenue $0
Investment Income $29,006
Other Revenue $0
TOTAL REVENUE $29,306

Expense Breakdown

Grants Paid $10,750
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,750
Other Expenses $6,067
TOTAL EXPENSES $16,817

Year-over-Year Comparison

2024 2023 Change
Revenue $29,306 $10,182 +1.9%
Expenses $16,817 $15,266 +0.1%
Net Income $12,489 $-5,084 -3.5%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
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
5
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOE BOESING PRESIDENT 0.10
Officer Director
$0 $0 $0
SAM WEISSINGER VICE PRESIDENT 0.10
Officer Director
$0 $0 $0
PAT HARRISON SECRETARY 0.10
Officer Director
$0 $0 $0
IRV STUMLER TREASURER 0.10
Officer Director
$0 $0 $0
MELANIE HUGHES MEMBER 0.10
Director
$0 $0 $0
NATASHIA FINN MEMBER 0.10
Director
$0 $0 $0
MIKE KOVATCH MEMBER 0.10
Director
$0 $0 $0
ROGER WHALEY LIBRARY BOARD LIASION 0.10
Director
$0 $0 $0
CAROLYN HOOK FRIENDS OF LIBRARY REP 0.10
Director
$0 $0 $0
MELISSA MERIDA LIBRARY DIRECTOR 40.00
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
2024 $29,306 $16,817 $666,293 $12,489
2023 $10,182 $15,266 $592,195 $-5,084
2022 $19,244 $12,404 $515,107 $6,840
2021 $14,480 $12,848 $622,586 $1,632
2020 $11,186 $11,940 $560,407 $-754
Explore More Nonprofits
→Top 100 Nonprofits in Indiana →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NEW ALBANY-FLOYD COUNTY PUBLIC LIBRARY F with other nonprofits in Indiana and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.