FRIENDS OF THE TROY PUBLIC LIBRARY

EIN: 386091389 501(c)(3) Education

Troy, MI

Total Revenue
$95,930
Total Expenses
$71,828
Total Assets
$529,725
Net Assets
$527,897
🔒

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
1962
Legal Domicile
MI
Principal Officer
APRIL CHURCH
Phone
2483881329
Tax Period
2023-07-01 to 2024-06-30

FRIENDS OF THE TROY PUBLIC LIBRARY, founded in 1962, is a micro nonprofit in the Education sector that reported $96K in total revenue in fiscal year 2023. The organization ran a surplus of $24K, a strong 25% operating margin.

Mission

TO PROVIDE PROGRAMS AND SERVICES TO PATRONS AT THE TROY 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 (2023)

Revenue Breakdown

Contributions & Grants $27,506
Program Service Revenue $52,671
Investment Income $15,753
Other Revenue $0
TOTAL REVENUE $95,930

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $56,215
Other Expenses $71,828
TOTAL EXPENSES $71,828

Year-over-Year Comparison

2023 2022 Change
Revenue $95,930 $94,942 +0.0%
Expenses $71,828 $90,773 -0.2%
Net Income $24,102 $4,169 +4.8%
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
50

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY LYNN BOWEN VICE PRESIDENT 4.00
Director
$0 $0 $0
JEFFREY MARRACCINI DIRECTOR 2.0
Director
$0 $0 $0
LYNDA BELIAN DIRECTOR 4.0
Director
$0 $0 $0
DOUGLAS QUICK DIRECTOR 1.0
Director
$0 $0 $0
APRIL CHURCH PRESIDENT 4.0
Officer
$0 $0 $0
LAURIE CHURCH TREASURER 4.0
Officer
$0 $0 $0
WENDY QUICK SECRETARY 2.0
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
2025 No data No data No data No data
2024 $95,930 $71,828 $529,725 $24,102
Explore More Nonprofits
→Top 100 Nonprofits in Michigan →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FRIENDS OF THE TROY PUBLIC LIBRARY with other nonprofits in Michigan 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.