FONTANA REGIONAL LIBRARY INC

EIN: 566001950 501(c)(3) Education

BRYSON CITY, NC

Total Revenue
$4,028,259
Total Expenses
$3,980,744
Total Assets
$4,745,441
Net Assets
$3,242,576
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
NC
Principal Officer
TRACY FITZMAURICE
Phone
8284882382
Tax Period
2023-07-01 to 2024-06-30

FONTANA REGIONAL LIBRARY INC, founded in 1962, is a community nonprofit in the Education sector that reported $4.0M in total revenue in fiscal year 2023.

Mission

LIBRARY SYSTEM SERVING THREE COUNTIES IN WESTERN NORTH CAROLINA

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,806,232
Program Service Revenue $0
Investment Income $-33,059
Other Revenue $255,086
TOTAL REVENUE $4,028,259

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,845,408
Fundraising Expenses $0
Program Expenses $3,340,204
Other Expenses $1,135,336
TOTAL EXPENSES $3,980,744

Year-over-Year Comparison

2023 2022 Change
Revenue $4,028,259 $3,977,432 +0.0%
Expenses $3,980,744 $3,712,810 +0.1%
Net Income $47,515 $264,622 -0.8%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
11
Employees
81
Volunteers
171

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
6
$146,632
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARET CARTON CHAIR 1.00
Officer Director
$0 $0 $0
CYNTHIA WOMBLE VICE CHAIR 0.50
Officer Director
$0 $0 $0
DEBBIE TALLENT SECRETARY 0.50
Officer Director
$0 $0 $0
TONY MONNAT DIRECTOR 0.50
Director
$0 $0 $0
MARSHA MOXLEY DIRECTOR 0.50
Director
$0 $0 $0
WOOD LOVELL DIRECTOR 0.50
Director
$0 $0 $0
LORI RICHARDS DIRECTOR 0.50
Director
$0 $0 $0
KAY ROWLAND DIRECTOR 0.50
Director
$0 $0 $0
ELLEN SNODGRASS DIRECTOR 0.50
Director
$0 $0 $0
BOYD SOSSAMON DIRECTOR 0.50
Director
$0 $0 $0
REBEKKAH WATKINS DIRECTOR 0.50
Director
$0 $0 $0
ED TRASK VICE CHAIR T 0.50
Officer Director
$0 $0 $0
TRACY FITZMAURICE REGIONAL DIR 40.00
Officer
$80,248 $7,253 $87,501
LYNN CODY FINANCE OFFI 40.00
Officer
$54,652 $4,479 $59,131
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 $4,028,259 $3,980,744 $4,745,441 $47,515
2023 $3,977,432 $3,712,810 $4,534,437 $264,622
2022 $3,576,120 $3,381,203 $3,949,070 $194,917
2022 $3,576,120 $3,381,203 $3,949,070 $194,917
2021 $3,813,201 $3,634,312 $3,750,927 $178,889
2020 $3,329,358 $3,291,503 $3,258,844 $37,855
2019 $3,507,603 $3,404,749 $3,075,811 $102,854
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FONTANA REGIONAL LIBRARY INC with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.