Monroe, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Union County Library Foundation Inc, founded in 1988, is a small nonprofit that reported $379K in total revenue in fiscal year 2023. Revenue surged 111% from the prior year, signaling strong growth momentum. Expenses of $511K exceeded revenue, resulting in a 35% operating deficit.
Support Union County NC library building improvements and programming
Fund furniture and equipment needed for newly opened Southwest Regional Library including for children's area STEAM lab adult reading area and outdoor patio area
Fund software and supplies needed for newly opened Southwest Regional Library including for children's area STEAM lab adult reading area and other
Marshville Branch hosts child food and book distribution programs along with other community service programs
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $379,132 | $179,823 | +1.1% |
| Expenses | $510,808 | $49,587 | +9.3% |
| Net Income | $-131,676 | $130,236 | -2.0% |
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 |
|---|---|---|---|---|---|---|
| Nilma Amin | Campaign Coordinator | 10.00 |
Key Emp
|
$10,884 | $0 | $10,884 |
| Anna Hottle | Campaign Strategist | 11.00 |
Key Emp
|
$11,299 | $0 | $11,299 |
| Annapoorani Bhat | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Donna D'Alessandro | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Jennifer Mitchell | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Michele Bost | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Renee Hottle | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Angela Bennett | President | 15.00 |
Officer
|
$0 | $0 | $0 |
| Karen Bowman | Treasurer | 5.00 |
Officer
|
$0 | $0 | $0 |
| Nina Chaffin | Member | 5.00 |
Director
|
$0 | $0 | $0 |
| Starr Shaffer | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Betty Birch | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $379,132 | $510,808 | $237,157 | $-131,676 |
Compare Union County Library Foundation Inc with other nonprofits in North Carolina and across the country.