Friends of the Norfolk Public Library

EIN: 541269002 501(c)(3) Arts, Culture & Humanities

Norfolk, VA

Total Revenue
$80,973
Total Expenses
$82,421
Total Assets
$531,709
Net Assets
$531,709
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
VA
Principal Officer
Bobbie Fisher
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF THE NORFOLK PUBLIC LIBRARY, founded in 1956, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $38K in total revenue in fiscal year 2021. Revenue fell 38% from the prior year — a significant decline worth monitoring. Expenses of $60K exceeded revenue, resulting in a 57% operating deficit.

Mission

The purpose is to organize, encourage, and strengthen public support of the Norfolk Public Library and to enrich its resources and facilities. The FNPL encourages citizens of Norfolk to enjoy books and related media and to use the public library system.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $55,471
Program Service Revenue $15,126
Investment Income $10,376
Other Revenue $0
TOTAL REVENUE $80,973

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $78,450
Other Expenses $82,421
TOTAL EXPENSES $82,421

Year-over-Year Comparison

2023 2022 Change
Revenue $80,973 $82,931 0.0%
Expenses $82,421 $73,208 +0.1%
Net Income $-1,448 $9,723 -1.1%
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

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Liquidity & Cash Position

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Governance

Voting Members
25
Independent Members
25
Employees
N/A
Volunteers
25

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
27
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brigid Murphy Board Member 0.00
Director
$0 $0 $0
Emily McCoy Peltz Board Member 0.00
Director
$0 $0 $0
Kate Pringle Board Member 0.00
Director
$0 $0 $0
Nancy Lazaron Board Member 0.00
Director
$0 $0 $0
Penny Lewis Board Member 0.00
Director
$0 $0 $0
Carol Hodges Moore Board Member 0.00
Director
$0 $0 $0
Andrea Rizzo Board Member 0.00
Director
$0 $0 $0
Barbara Wiegand Board Member 0.00
Director
$0 $0 $0
Rosalie Black Kiah Associate Member 0.00
Director
$0 $0 $0
Ann Morgan Associate Member 0.00
Director
$0 $0 $0
Tara Saunders Board Member 0.00
Director
$0 $0 $0
Ellen Selig Board Member 0.00
Director
$0 $0 $0
Artemis Stoll Board Member 0.00
Director
$0 $0 $0
Carol Hudson Board Member 0.00
Director
$0 $0 $0
Elizabeth Chupik Board Member 0.00
Director
$0 $0 $0
Paula Cook Board Member 0.00
Director
$0 $0 $0
Rhoda Ballance Board Member 0.00
Director
$0 $0 $0
Christine Burge Board Member 0.00
Director
$0 $0 $0
Brian Friedman Board Member 0.00
Director
$0 $0 $0
Wendy Hazel Board Member 0.00
Director
$0 $0 $0
Christy Cowan Board Member 0.00
Director
$0 $0 $0
Julie Dashiell Board Member 0.00
Director
$0 $0 $0
Kate Davis Vice President 0.00
Officer Director
$0 $0 $0
Bobbie Fisher President 0.00
Officer Director
$0 $0 $0
Jean Swartz Membership VP 0.00
Officer Director
$0 $0 $0
Carol King Treasurer 0.00
Officer Director
$0 $0 $0
Terry Parker Secretary 0.00
Officer 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 $80,973 $82,421 $531,709 $-1,448
2022 $82,931 $73,208 $533,157 $9,723
2021 $38,449 $60,296 $523,434 $-21,847
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