THE CHAPEL HILL PUBLIC LIBRARY FOUNDATION

EIN: 561984338 501(c)(3) Philanthropy & Grantmaking

CHAPEL HILL, NC

Total Revenue
$43,030
Total Expenses
$60,876
Total Assets
$1,310,022
Net Assets
$1,309,496
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
NC
Principal Officer
MATT NASH
Phone
9199692043
Tax Period
2023-07-01 to 2024-06-30

THE CHAPEL HILL PUBLIC LIBRARY FOUNDATION, founded in 1996, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $43K in total revenue in fiscal year 2023. Revenue fell 29% from the prior year — a significant decline worth monitoring. Expenses of $61K exceeded revenue, resulting in a 41% operating deficit.

Mission

THE CHAPEL HILL PUBLIC LIBRARY FOUNDATION WAS ESTABLISHED IN 1997 TO PROVIDE FINANCIAL SUPPORT TO ENHANCE THE CAPABILITIES, RESOURCES, AND SERVICES OF THE CHAPEL HILL PUBLIC LIBRARY. THE FOUNDATION DOES THIS BY FUNDRAISING AND ADVOCACY THAT BENEFITS THE CHAPEL HILL COMMUNITY AND PROMOTES GREATER AWARENESS OF THE LIBRARY'S VALUABLE RESOURCES.

Program Service Accomplishments

Program 1
Expenses: $40,000

THE CHAPEL HILL PUBLIC LIBRARY FOUNDATION SUPPORTS THE CHAPEL HILL PUBLIC LIBRARY BY FUNDRAISING AND ADVOCACY THAT BENEFITS THE CHAPEL HILL COMMUNITY AND PROMOTES GREATER AWARENESS OF THE LIBRARY'S...

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THE CHAPEL HILL PUBLIC LIBRARY FOUNDATION SUPPORTS THE CHAPEL HILL PUBLIC LIBRARY BY FUNDRAISING AND ADVOCACY THAT BENEFITS THE CHAPEL HILL COMMUNITY AND PROMOTES GREATER AWARENESS OF THE LIBRARY'S VALUABLE RESOURCES. THE FOUNDATION MANAGES THE LOVE TRUST AND PROVIDES ANNUAL DISTRIBUTIONS TO THE LIBRARY. FOR FYE 6/30/24, THE FOUNDATION PROVIDED $40,000 IN CONTRIBUTION PAYMENTS FROM THE LOVE TRUST TO THE LIBRARY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,990
Program Service Revenue $0
Investment Income $38,040
Other Revenue $0
TOTAL REVENUE $43,030

Expense Breakdown

Grants Paid $40,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $40,000
Other Expenses $20,876
TOTAL EXPENSES $60,876

Year-over-Year Comparison

2023 2022 Change
Revenue $43,030 $60,402 -0.3%
Expenses $60,876 $62,108 0.0%
Net Income $-17,846 $-1,706 +9.5%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
10

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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT NASH PRESIDENT 3.00
Officer Director
$0 $0 $0
TOM HOLT VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JOEL LEVY TREASURER 2.00
Officer Director
$0 $0 $0
ROBERT DIDOMENICO SECRETARY 1.00
Officer Director
$0 $0 $0
MIRIAM BERGER DIRECTOR 0.50
Director
$0 $0 $0
BRIAN JENSEN DIRECTOR 0.50
Director
$0 $0 $0
LAUREN WARD DIRECTOR 0.50
Director
$0 $0 $0
TOM WILTBERGER DIRECTOR 0.50
Director
$0 $0 $0
CHIARA CANZI DIRECTOR 0.50
Director
$0 $0 $0
SUSAN BROWN LIBRARY DIR LIAISON (NON-VOTING) 0.50
Director
$0 $0 $0
TIFFANY ALLEN LIBRARY BOARD LIAISON (NON-VOTING) 0.50
Director
$0 $0 $0
KAREN CURTIN FRIENDS OF CHPL LIAISON (NON-VOTING) 0.50
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 $43,030 $60,876 $1,310,022 $-17,846
2023 $60,402 $62,108 $1,205,323 $-1,706
2022 $86,325 $204,633 $1,124,390 $-118,308
2021 $197,234 $114,628 $1,463,151 $82,606
2020 $62,113 $69,538 $1,056,495 $-7,425
2019 $206,368 $109,391 $1,068,665 $96,977
2018 $50,089 $101,595 $1,083,476 $-51,506
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