LANSING, MI
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)LIBRARY OF MICHIGAN FOUNDATION, founded in 1985, is a small nonprofit in the Education sector that reported $213K in total revenue in fiscal year 2023. Net assets of $2.7M represent 152 months of operating reserves.
TO PROMOTE, ADVOCATE, AND CONSISTENTLY WORK TO ACHIEVE THE HIGHEST LEVEL OF LIBRARY SERVICE TO THE STATE OF MICHIGAN AND ITS RESIDENTS.
MICHIGAN NOTABLE BOOKSTHE MICHIGAN NOTABLE BOOKS PROGRAM PROMOTES THE WORK OF MICHIGAN BOOKS AND AUTHORS. EVERY YEAR THE LIBRARY OF MICHIGAN SELECTS TWENTY OUTSTANDING FICTION AND NON-FICTION TITLES...
MICHIGAN NOTABLE BOOKSTHE MICHIGAN NOTABLE BOOKS PROGRAM PROMOTES THE WORK OF MICHIGAN BOOKS AND AUTHORS. EVERY YEAR THE LIBRARY OF MICHIGAN SELECTS TWENTY OUTSTANDING FICTION AND NON-FICTION TITLES ABOUT MICHIGAN. THE PROGRAM INCLUDES A TOUR OF LIBRARIES BY THE MICHIGAN NOTABLE AUTHORS WHO VISIT COMMUNITIES ACROSS THE STATE, ENGAGING RESIDENTS IN READINGS, LEARNING AND DIALOGUE. THE MICHIGAN NOTABLE BOOKS PROGRAM BROADENS PEOPLE'S UNDERSTANDING OF MICHIGAN'S HISTORY AND CULTURE AND RAISES AWARENESS ABOUT THE EVENTS AND IDEAS THAT HELPED SHAPE MICHIGAN AS WE KNOW IT TODAY.
STATE LIBRARIAN'S INNOVATION FUNDTHE STATE LIBRARIAN'S INNOVATION FUND PROVIDES FUNDING OF INNOVATION PROJECTS AND LEADERSHIP DEVELOPMENT OPPORTUNITIES WITHIN THE LIBRARY OF MICHIGAN AND THROUGHOUT...
STATE LIBRARIAN'S INNOVATION FUNDTHE STATE LIBRARIAN'S INNOVATION FUND PROVIDES FUNDING OF INNOVATION PROJECTS AND LEADERSHIP DEVELOPMENT OPPORTUNITIES WITHIN THE LIBRARY OF MICHIGAN AND THROUGHOUT THE MICHIGAN LIBRARY COMMUNITY. THIS FUND WILL ENABLE THE STATE LIBRARY TO EXPAND ITS ROLE IN ENCOURAGING EXPERIMENTATION AND INNOVATION IN LIBRARY TECHNOLOGIES AND SERVICES AND ENHANCING EXCELLENCE IN LIBRARY LEADERSHIP.THE LIBRARY OF MICHIGAN FOUNDATION STATE LIBRARIAN'S EXCELLENCE AWARD (SLEA) IS AWARDED TO A LIBRARY THAT EXEMPLIFIES EXCELLENCE IN CUSTOMER SERVICE. TWO LIBRARY OF MICHIGAN FOUNDATION CITATIONS OF EXCELLENCE ARE ALSO AWARDED.THE MICHIGAN LIBRARY LEADERS PROGRAMTHE MICHIGAN LIBRARY LEADERS PROGRAM IS A RECOGNITION PACKAGE ESTABLISHED TO HONOR INDIVIDUALS AND ORGANIZATIONS THAT PROVIDE A DEFINED LEVEL OF UNRESTRICTED FINANCIAL SUPPORT TO THE LIBRARY OF MICHIGAN FOUNDATION OVER A ONE-YEAR PERIOD WITH A MULTI-YEAR COMMITMENT.
BRAILLE AND TALKING BOOK LIBRARY (BTBL) (ANNA BREWER HOWELL FUND)THIS EXTRAORDINARY MICHIGAN BUREAU OF SERVICES FOR BLIND PERSONS PROGRAM SERVES INDIVIDUALS WHO ARE BLIND, VISUALLY IMPAIRED OR ARE...
BRAILLE AND TALKING BOOK LIBRARY (BTBL) (ANNA BREWER HOWELL FUND)THIS EXTRAORDINARY MICHIGAN BUREAU OF SERVICES FOR BLIND PERSONS PROGRAM SERVES INDIVIDUALS WHO ARE BLIND, VISUALLY IMPAIRED OR ARE PHYSICALLY UNABLE TO HOLD A BOOK OR TURN PAGES. BTBL PROVIDES FULL LIBRARY SERVICE TO ITS USERS BY MAILING BRAILLE BOOKS, TALKING BOOKS (ON DIGITAL CARTRIDGE) AND DESCRIBED VIDEOS. IT ALSO TEACHES PATRONS ABOUT ADAPTIVE TECHNOLOGY. MORE THAN 1,200 REQUESTS ARE FILLED PER DAY. BTBL CUSTOMERS PARTICIPATE IN THIS LENDING PROGRAM AT ABSOLUTELY NO COST TO THEM, WITH MATERIALS MAILED DIRECTLY TO THEIR HOMES. THE BTBL COLLECTION INCLUDES MORE THAN 12,271 DIGITAL TITLES, 10,615 BRAILLE TITLES AND 650 DESCRIBED VIDEOS. EVENTUALLY THE CIRCULATION OF CASSETTE BOOKS WILL CEASE AND ALL TALKING BOOKS WILL BE PROVIDED IN DIGITAL FORMAT.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $212,885 | $203,483 | +0.0% |
| Expenses | $208,855 | $314,198 | -0.3% |
| Net Income | $4,030 | $-110,715 | -1.0% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PATRICIA HEADLEY | EXECUTIVE DIRECTOR/CHIEF DEVELOPMENT | 24.00 |
Officer
|
$99,591 | $0 | $99,591 |
| ROGER MENDEL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| LISA FARNUM | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DONNA LASINSKI | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KRISTIE REYNOLDS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNE SEURYNCK | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE CHROME | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NICOLE UTTER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ANNE E HARCUS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| NICOLE DILTS | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KATHY IRWIN | VICE CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRIAN A HARE CPA | CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAN ARBOUR | PAST CHAIRPERSON | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RANDY RILEY | STATE LIBRARIAN | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $212,885 | $208,855 | $2,694,995 | $4,030 |
| 2023 | $203,483 | $314,198 | $2,233,347 | $-110,715 |
| 2022 | $276,103 | $321,179 | $2,117,434 | $-45,076 |
| 2021 | $433,871 | $249,247 | $2,762,556 | $184,624 |
| 2020 | $286,538 | $220,945 | $2,272,017 | $65,593 |
| 2019 | $207,796 | $197,960 | $2,169,092 | $9,836 |
| 2018 | $179,590 | $325,952 | $2,164,532 | $-146,362 |
Compare LIBRARY OF MICHIGAN FOUNDATION with other nonprofits in Michigan and across the country.