FRIENDS OF THE CLARKSVILLE MONTGOMERY CO PUBLIC LIBRARY

EIN: 581557594 501(c)(3)

CLARKSVILLE, TN

Total Revenue
$133,084
Total Expenses
$117,159
Total Assets
$154,111
Net Assets
$154,111
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
TN
Principal Officer
ANNE BLACK
Phone
9316488826
Tax Period
2024-07-01 to 2025-06-30

FRIENDS OF THE CLARKSVILLE MONTGOMERY CO PUBLIC LIBRARY, founded in 1991, is a small nonprofit that reported $133K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $117K left a modest 12% surplus.

Mission

THE PURPOSE OF THIS ORGANIZATION IS TO MAINTAIN AN ASSOCIATION OF PERSONS INTERESTED IN BOOKS AND LIBRARIES; TO FOCUS ATTENTION ON LIBRARY SERVICES AND NEEDS; TO STIMULATE GIFTS OF BOOKS, PERIODICALS, DESIRABLE COLLECTIONS, ENDOWMENTS , AND BEQUESTS; AND TO ACTIVELY SUPPORT THE CLARKSVILLE- MONTGOMERY COUNTY 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 (2024)

Revenue Breakdown

Contributions & Grants $100,576
Program Service Revenue $28,608
Investment Income $3,900
Other Revenue $0
TOTAL REVENUE $133,084

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $117,159
Other Expenses $117,159
TOTAL EXPENSES $117,159

Year-over-Year Comparison

2024 2023 Change
Revenue $133,084 $147,946 -0.1%
Expenses $117,159 $115,229 +0.0%
Net Income $15,925 $32,717 -0.5%
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

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Liquidity & Cash Position

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Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
25

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
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNE BLACK TREASURER N/A
Officer Director
$0 $0 $0
CHRISTINA CHESTER-FANGMAN SECRETARY N/A
Officer Director
$0 $0 $0
JACQUELINE CROUCH DIRECTOR N/A
Director
$0 $0 $0
SUSAN DOUGLASS DIRECTOR N/A
Director
$0 $0 $0
DARWIN ELDRIDGE DIRECTOR N/A
Director
$0 $0 $0
JENNIFER FORD PRESIDENT N/A
Officer Director
$0 $0 $0
BRENDA HARPER DIRECTOR N/A
Director
$0 $0 $0
JAN HODGSON VICE PRESIDE N/A
Officer Director
$0 $0 $0
SHIRLEY HOOD DIRECTOR N/A
Director
$0 $0 $0
MARTIN HUDDLESTON DIRECTOR N/A
Director
$0 $0 $0
LINDA NICHOLS DIRECTOR N/A
Director
$0 $0 $0
MALINDA SCOTT DIRECTOR N/A
Director
$0 $0 $0
BARBARA WILBUR DIRECTOR N/A
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 $133,084 $117,159 $154,111 $15,925
2024 $147,946 $115,229 $138,186 $32,717
2023 $96,839 $104,605 $105,469 $-7,766
2022 $50,117 $91,271 $113,235 $-41,154
2021 $203,228 $90,302 $154,389 $112,926
2020 $84,830 $89,771 $41,463 $-4,941
2019 $99,174 $125,286 $46,404 $-26,112
2018 $163,225 $139,560 $72,516 $23,665
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