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
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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

THE FONTANA REGIONAL LIBRARY SYSTEM PROVIDES THE PUBLIC OF JACKSON, MACON, AND SWAIN COUNTIES WITH EXCELLENT SERVICE AND CONVENIENT ACCESS TO RESOURCES FOR THEIR EDUCATIONAL, INFORMATIONAL, AND RECREATIONAL NEEDS.

Program Service Accomplishments

Program 1
Expenses: $3,340,204

FONTANA REGIONAL LIBRARY PROGRAM SERVICE STATEMENT 2023 THE FONTANA REGIONAL LIBRARY SYSTEM (FRL) IS LOCATED IN THE RURAL MOUNTAINS OF WESTERN NORTH CAROLINA, WE SERVE JACKSON, MACON, AND SWAIN...

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FONTANA REGIONAL LIBRARY PROGRAM SERVICE STATEMENT 2023 THE FONTANA REGIONAL LIBRARY SYSTEM (FRL) IS LOCATED IN THE RURAL MOUNTAINS OF WESTERN NORTH CAROLINA, WE SERVE JACKSON, MACON, AND SWAIN COUNTIES, AS WELL AS PEOPLE FROM NEIGHBORING AREAS INCLUDING THE QUALLA BOUNDARY, HOME TO THE EASTERN BAND OF THE CHEROKEE INDIANS. THE SIX FRL LIBRARIES PROVIDE FREE ACCESS TO BOOKS, PERIODICALS, AUDIOVISUAL MATERIALS BOTH IN PHYSICAL AND ELECTRONIC FORMS, PROGRAMS FOR ALL AGES, INFORMATION, NOTARY SERVICES, COMPUTERS, INTERNET ACCESS, AND WI-FL. TO SERVE THE STEM EDUCATION NEEDS OF THE COMMUNITY FRL OFFERS TELESCOPES, ROBOTICS, AND SEWING MACHINGS. FRL HAS A PORTABLE PLANETARIUM AVAILABLE FOR USE AT SCHOOLS, FESTIVALS, AND SCIENCE PROGRAMMING EVENTS. THE LIBRARY PROVIDES FREE PUBLIC INTERNET COMPUTERS AND FREE WI-FL ACCESS TO THE PUBLIC IN ALL OUR BUILDINGS. THE COMPUTERS WERE USED 14,275 TIMES; THE PUBLIC USED THEIR OWN WI-FL DEVICES ON THE LIBRARY NETWORK 235,291 TIMES. THE LIBRARY PROVIDES INFORMATION RESOURCES BOTH IN THE BUILDINGS AND ONLINE TO ALL PERSONS WITHOUT DISCRIMINATION. IN THE PAST YEAR, THE LIBRARY LENT OVER 401,000 ITEMS, INCLUDING BOOKS, MUSIC, VIDEO, TELESCOPES, BACKPACKS, GAMES, AND EQUIPMENT; OR OVER 4.25 ITEMS PER CAPITA IN THE COMMUNITIES. 112,930 OF THESE WERE ELECTRONIC RESOURCES AVAILABLE ONLINE THROUGH THE WEBSITE WITH A VALID LIBRARY CARD. THERE WERE 314,058 VISITS TO THE LIBRARY DURING THE YEAR, 204,638 VISITS TO THE LIBRARY'S WEBSITE, AND THE STAFF ANSWERED OVER 65,000 REFERENCE QUESTIONS FOR THE PUBLIC. THE LIBRARY PROVIDES THE COMMUNITY WITH SAFE, COMFORTABLE PLACES TO GATHER AND SHARE INFORMATION AND IDEAS. THE LIBRARY PRESENTED 2,332 FREE PROGRAMS AND CLASSES TO THE PUBLIC, ATTENDED BY OVER 37,750 PEOPLE. THIS YEAR, LIBRARY MEETING ROOMS WERE USED FOR 7,665 NONLIBRARY MEETINGS, ATTENDED BY 26,919 PEOPLE. FRL OFFERED OUTREACH PROGRAMMING FOR THOSE PEOPLE THAT COULD NOT MAKE IT TO THE LIBRARY. THERE WERE 384 PROGRAMS WITH 8,094 ATTENDEES AT OUTREACH PROGRAMMING. THE LIBRARY HAD COMMUNICATIVE, COOPERATIVE, OR COLLABORATIVE PARTNERSHIPS WITH OVER 135 LOCAL AREA GROUPS AND AGENCIES INCLUDING SCHOOLS, DEPARTMENT ON AGING, SENIOR SERVICES, HEALTH DEPARTMENTS, SOUTHWESTERN COMMUNITY COLLEGE, WESTERN CAROLINA UNIVERSITY, THE SOUTHWESTERN COMMISSION, AARP, AND UNIDXS TO PROVIDE SERVICE AND INFORMATION TO THE PUBLIC. FRL'S MISSION IS "TO PROVIDE THE PUBLIC OF JACKSON, MACON, AND SWAIN COUNTIES WITH EXCELLENT SERVICE AND CONVENIENT ACCESS TO RESOURCES FOR THEIR EDUCATIONAL, INFORMATIONAL, AND RECERATIONAL NEEDS." OUR STATISTICS SHOW THAT USAGE OF LIBRARY RESOURCES IS EVOLVING, AND THE LIBRARY REMAINS A VITAL PART OF THE COMMUNITY.

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Trantor Score

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

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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
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Liquidity & Cash Position

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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
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