Chesapeake, VA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Chesapeake Public Library Foundation, founded in 1998, is a micro nonprofit in the Education sector that reported $22K in total revenue in fiscal year 2018. Revenue fell 81% from the prior year — a significant decline worth monitoring. Expenses of $57K exceeded revenue, resulting in a 153% operating deficit.
The primary exempt purpose of this organization is to support the literary and educational needs of the City of Chesapeake, VA through the city public libraries technology programming,as well as awareness campaigns, fund raising and outreach that complements the citys established programs and facilities.
Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $23,684 | $6,274 | +2.8% |
| Expenses | $67,313 | $56,860 | +0.2% |
| Net Income | $-43,629 | $-50,586 | -0.1% |
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 |
|---|---|---|---|---|---|---|
| Jean Carideo | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Sean Lynch | Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Robbie Etheridge | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jane Elyce Fuqua Glasgow PhD | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Barrett Luxhoj Esq | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Gene Edwards | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tunkie Stone | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Ed Elliott | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Don Carey | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jessica Chatham | Ex Officio | 1.00 |
Director
|
$0 | $0 | $0 |
| C Edward Russell Jr Esq | Emeritus | 0.00 |
Director
|
$0 | $0 | $0 |
| Stuart Glasser Esq | Emeritus | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $23,684 | $67,313 | $416,639 | $-43,629 |
| 2023 | $6,274 | $56,860 | $460,268 | $-50,586 |
| 2022 | $32,885 | $74,514 | $464,439 | $-41,629 |
| 2021 | $128,880 | $44,543 | $506,068 | $84,337 |
| 2020 | $5,399 | $27,364 | $421,731 | $-21,965 |
| 2019 | $28,688 | $22,722 | $443,696 | $5,966 |
| 2018 | $22,472 | $56,836 | $437,730 | $-34,364 |
Compare Chesapeake Public Library Foundation with other nonprofits in Virginia and across the country.