Friends of The Broward County African-American Research Library and Cultura

EIN: 562449270 501(c)(3) Education

Fort Lauderdale, FL

Total Revenue
$555,008
Total Expenses
$166,163
Total Assets
$480,623
Net Assets
$480,148
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
FL
Principal Officer
Luwando L Wright
Phone
9543576282
Tax Period
2024-10-01 to 2025-09-30

Friends of The Broward County African-American Research Library and Cultura, founded in 2004, is a small nonprofit in the Education sector that reported $555K in total revenue in fiscal year 2024. Revenue surged 815% from the prior year, signaling strong growth momentum. The organization ran a surplus of $389K, a strong 70% operating margin.

Mission

The Friends of AARLCC is an organization that brings together community friends to a advocate and promote community understanding of library services by presenting the needs to government officials. Past events include Ashley Bryan, book festivals and Soulful Christmas.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $550,352
Program Service Revenue $0
Investment Income $0
Other Revenue $4,656
TOTAL REVENUE $555,008

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $166,163
Other Expenses $166,163
TOTAL EXPENSES $166,163

Year-over-Year Comparison

2024 2023 Change
Revenue $555,008 $60,627 +8.2%
Expenses $166,163 $75,376 +1.2%
Net Income $388,845 $-14,749 -27.4%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Angelica Curry Asst. Treasurer 4.00
Director
$0 $0 $0
Catherine Minnis Vice President 4.00
Director
$0 $0 $0
Luwando Wright President 4.00
Director
$0 $0 $0
Karen Smith Corresponding Secretary 4.00
Director
$0 $0 $0
Maxine Dalen Director 4.00
Director
$0 $0 $0
Jacqueline Lindsey Secretary 4.00
Director
$0 $0 $0
Roselyn Honyghan Vice President 4.00
Director
$0 $0 $0
d'Rene Benson Vice President 4.00
Director
$0 $0 $0
Greer Marcia Robinson Treasurer 4.00
Director
$0 $0 $0
Anthony Avery Director 4.00
Director
$0 $0 $0
Bobby Henry Director 4.00
Director
$0 $0 $0
Pamela Adams Director 4.00
Director
$0 $0 $0
Audrey Evans Director 4.00
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 $555,008 $166,163 $480,623 $388,845
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