Brevard, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Transylvania County Library Foundation, founded in 1945, is a micro nonprofit that reported $85K in total revenue in fiscal year 2023. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $180K exceeded revenue, resulting in a 112% operating deficit.
To obtain and manage funds and memorials and to receive gifts, grants and bequests for the use of the Transylvania County Library; to promote and support library services in Transylvania County.
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 | $84,913 | $328,227 | -0.7% |
| Expenses | $180,042 | $247,472 | -0.3% |
| Net Income | $-95,129 | $80,755 | -2.2% |
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 |
|---|---|---|---|---|---|---|
| David Watkins | Board Chair | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| John Welch | Vice-Chair | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Larry Sitton | Treasurer | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Rishara Finsel | Secretary | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Hannah Camenzind | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Morris Jenkins | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Alice Hardy | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Baker | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Elizabeth Jordan | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Sarah Justice | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Karen Cole | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Sheila Mooney | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Alice Wellborn | Board Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $84,913 | $180,042 | $5,243,666 | $-95,129 |
| 2023 | $328,227 | $247,472 | $4,425,931 | $80,755 |
| 2022 | $189,992 | $155,620 | $3,868,360 | $34,372 |
| 2021 | $507,931 | $96,020 | $4,887,168 | $411,911 |
| 2020 | $143,067 | $132,700 | $3,832,845 | $10,367 |
| 2019 | $271,765 | $177,185 | $3,909,180 | $94,580 |
| 2018 | $231,770 | $141,125 | $3,557,449 | $90,645 |
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