Virginia Beach, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Friends of the Library Virginia Beach Inc, founded in 1969, is a micro nonprofit in the Education sector that reported $99K in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. The organization ran a surplus of $28K, a strong 28% operating margin.
To promote the mission and services of the Virginia Beach Public Library through advocacy and programming support, and to support similar related activities.
The Summer Reading Program is an annual event of the City of Virginia Beach Public Library System. The Friends provide funding for this program, which is designed to prevent summer learning loss, a...
The Summer Reading Program is an annual event of the City of Virginia Beach Public Library System. The Friends provide funding for this program, which is designed to prevent summer learning loss, a cumulative problem that contributes to the achievement gap betweeen at-risk and higher-income families. Programs are available for library patrons of all ages, but the primary focus is on children. In the summer of 2024, approximately 9,000 individuals completed the Summer Reading Challenge.
Community support programs consist of a variety of programs targeted at youth, teen, and adult demographics. Expenses consist mostly of program supplies and kits. Programs are designed to increase...
Community support programs consist of a variety of programs targeted at youth, teen, and adult demographics. Expenses consist mostly of program supplies and kits. Programs are designed to increase reading skill, cultural enrichment, incusion, and access.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $99,012 | $104,439 | -0.1% |
| Expenses | $71,399 | $92,040 | -0.2% |
| Net Income | $27,613 | $12,399 | +1.2% |
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 |
|---|---|---|---|---|---|---|
| Anne T Jordan | Treasurer | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Pam Levinson | President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Mary Jane Morewitz | Vice President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Vicki Devine | Secretary | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Nancy Parker | Immediate Past President | 0.00 |
Officer
Director
|
$0 | $0 | $0 |
| Judy Bandy | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Annette Davis | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Bob Gilson | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Judy Harbison | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Barbara Wyckoff | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Nancy Bouissey | Director | 0.00 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $99,012 | $71,399 | $402,866 | $27,613 |
| 2024 | $104,439 | $92,040 | $370,020 | $12,399 |
| 2023 | $93,517 | $86,564 | $325,568 | $6,953 |
| 2022 | $71,626 | $38,136 | $342,175 | $33,490 |
| 2021 | $24,107 | $36,838 | $306,978 | $-12,731 |
| 2020 | $116,794 | $59,524 | $259,852 | $57,270 |
Compare Friends of the Library Virginia Beach Inc with other nonprofits in Virginia and across the country.