FRIENDS OF THE NORTH CAROLINA ACCESSIBLE BOOKS AND LIBRARY SERVICES

EIN: 581973202 501(c)(3) Education

RALEIGH, NC

Total Revenue
$157,547
Total Expenses
$55,779
Total Assets
$1,750,883
Net Assets
$1,747,930
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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NC
Principal Officer
EDDIE WEAVER
Phone
8883882460
Tax Period
2024-07-01 to 2025-06-30

FRIENDS OF THE NORTH CAROLINA ACCESSIBLE BOOKS AND LIBRARY SERVICES, founded in 1990, is a small nonprofit in the Education sector that reported $158K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $102K, a strong 65% operating margin.

Mission

TO PROMOTE THE DEVELOPMENT OF EXCELLENT LIBRARY SERVICE TO THE BLIND AND PHYSICALLY HANDICAPPED OF OUR STATE; TO FOSTER CLOSER RELATIONS BETWEEN OUR LIBRARY AND THE CITIZENS OF OUR STATE; TO ENCOURAGE AND ASSIST IN FORMING LOCAL GROUPS OR CHAPTERS; TO PROMOTE KNOWLEDGE OF THE LIBRARY'S FUNCTIONS, RESOURCES, SERVICES AND NEEDS; AND TO PROVIDE THE MEANS FOR MEMBERS TO EXCHANGE IDEAS, INFORMATION AND EXPERIENCE.

Program Service Accomplishments

Program 1
Expenses: $17,059

BRAILLE AND LARGE PRINT ITEMS IS A PROGRAM THAT PROVIDES LARGE PRINT BOOKS, BRAILLE BOOKS, AND DVDS FOR USE BY BLIND AND VISUALLY-IMPAIRED PATRONS OF NORTH CAROLINA PUBLIC LIBRARIES. DURING THE 2025...

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BRAILLE AND LARGE PRINT ITEMS IS A PROGRAM THAT PROVIDES LARGE PRINT BOOKS, BRAILLE BOOKS, AND DVDS FOR USE BY BLIND AND VISUALLY-IMPAIRED PATRONS OF NORTH CAROLINA PUBLIC LIBRARIES. DURING THE 2025 FISCAL YEAR, THE FRIENDS PURCHASED 381 LARGE PRINT BOOKS AND 74 DVDS.

Program 2
Expenses: $4,522

AUDIO AND RECORDINGS IS A PROGRAM THAT PROVIDES THE HINDENBURG SOFTWARE SUBSCRIPTION WHICH ENABLES THE LIBRARY TO RECORD NARRATION FOR BOOKS, MAGAZINES, AND NEWSLETTERS FOR THE USE OF BLIND AND...

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AUDIO AND RECORDINGS IS A PROGRAM THAT PROVIDES THE HINDENBURG SOFTWARE SUBSCRIPTION WHICH ENABLES THE LIBRARY TO RECORD NARRATION FOR BOOKS, MAGAZINES, AND NEWSLETTERS FOR THE USE OF BLIND AND VISUALLY-IMPAIRED LIBRARY PATRONS, AS WELL AS THE DUXBURY SOFTWARE SUBSCRIPTION WHICH IS USED FOR CONVERTING PRINT FILES INTO BRAILLE FORMAT FOR EMBOSSING. DURING THE 2025 FISCAL YEAR, THE FRIENDS RECORDED 2 DIGITAL BOOKS AND 22 DIGITAL MAGAZINE ISSUES.

Program 3
Expenses: $7,585

READING PROGRAMS IS A PROGRAM THAT SPONSORS PRIZES FOR READING PROGRAMS, READING CHALLENGES, WRITING CONTESTS, AND DISCUSSION GROUPS. DURING THE 2025 FISCAL YEAR, THE FRIENDS PROVIDED FUNDS TO...

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READING PROGRAMS IS A PROGRAM THAT SPONSORS PRIZES FOR READING PROGRAMS, READING CHALLENGES, WRITING CONTESTS, AND DISCUSSION GROUPS. DURING THE 2025 FISCAL YEAR, THE FRIENDS PROVIDED FUNDS TO PURCHASE PRIZES FOR WRITING AND READING CONTESTS AT THE LIBRARY. THE EASTERN NC AND WESTERN NC BRAILLE CHALLENGES TOTALED 59 PARTICIPANTS, THE SUMMER AND WINTER READING PROGRAMS TOTALED 163 PARTICIPANTS (155 ADULTS, 8 YOUTH), AND THE WRITING CONTEST GARNERED 6 ENTRIES. THE FRIENDS ALSO ORGANIZED A VIP BOOK DISCUSSION GROUP IN RALEIGH WITH 98 PARTICIPANTS, AND A CHARLOTTE BOOK DISCUSSION GROUP WITH 66 PARTICIPANTS. ALL TOLD THE FRIENDS HAD 439 PARTICIPANTS OR ATTENDEES IN ITS FY2025 PROGRAMS.

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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 $42,149
Program Service Revenue $0
Investment Income $115,398
Other Revenue $0
TOTAL REVENUE $157,547

Expense Breakdown

Grants Paid $15,303
Salaries & Benefits $0
Fundraising Expenses $2,129
Program Expenses $29,166
Other Expenses $40,476
TOTAL EXPENSES $55,779

Year-over-Year Comparison

2024 2023 Change
Revenue $157,547 $140,564 +0.1%
Expenses $55,779 $60,209 -0.1%
Net Income $101,768 $80,355 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

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

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
5
$0
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDDIE WEAVER PRESIDENT 2.00
Officer Director
$0 $0 $0
BRICE SMITH VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
DEBBIE MEADOWS SECRETARY 1.00
Officer Director
$0 $0 $0
MARY FLANAGAN TREASURER 6.00
Officer Director
$0 $0 $0
SUSAN KING PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
HEATHER BROWN DIRECTOR 0.50
Director
$0 $0 $0
VERDINA GILLETTE-SIMMS DIRECTOR 0.50
Director
$0 $0 $0
RYAN TRASK DIRECTOR 0.50
Director
$0 $0 $0
PATRICIA TESSNEAR DIRECTOR 0.50
Director
$0 $0 $0
JIM TURNER DIRECTOR 0.50
Director
$0 $0 $0
SUSANNA DEAN DIRECTOR 0.50
Director
$0 $0 $0
CHRIS FLYNT DIRECTOR 0.50
Director
$0 $0 $0
SUSAN PATTERSON DIRECTOR 0.50
Director
$0 $0 $0
CLAIRE HAKIN DIRECTOR 0.50
Director
$0 $0 $0
MARY SEDGWICK DIRECTOR 0.50
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 $157,547 $55,779 $1,750,883 $101,768
2024 $140,564 $60,209 $1,588,074 $80,355
2023 $94,060 $59,877 $1,415,820 $34,183
2022 $146,847 $55,191 $1,294,160 $91,656
2021 $151,137 $47,518 $1,524,822 $103,619
2020 $105,186 $65,427 $1,194,025 $39,759
2019 $141,974 $64,610 $1,151,549 $77,364
2018 $128,505 $55,109 $1,083,216 $73,396
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