Library Foundation of Jacksonville Inc

EIN: 592836110 501(c)(3) Education

Jacksonville, FL

Total Revenue
$1,760,756
Total Expenses
$595,213
Total Assets
$4,401,605
Net Assets
$4,178,436
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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
1986
Legal Domicile
FL
Principal Officer
Scott Evans
Phone
3303513107
Tax Period
2023-01-01 to 2023-12-31

Library Foundation of Jacksonville Inc, founded in 1986, is a community nonprofit in the Education sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 667% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.2M, a strong 66% operating margin.

Mission

The mission of the Jacksonville Public Library Foundation is to provide private support and public visibility for the Jacksonville Public 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 (2023)

Revenue Breakdown

Contributions & Grants $1,700,963
Program Service Revenue $0
Investment Income $59,793
Other Revenue $0
TOTAL REVENUE $1,760,756

Expense Breakdown

Grants Paid $210,951
Salaries & Benefits $286,329
Fundraising Expenses $243,277
Program Expenses $302,277
Other Expenses $97,933
TOTAL EXPENSES $595,213

Year-over-Year Comparison

2023 2022 Change
Revenue $1,760,756 $229,443 +6.7%
Expenses $595,213 $463,571 +0.3%
Net Income $1,165,543 $-234,128 -6.0%
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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
20
Independent Members
20
Employees
3
Volunteers
N/A

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
$135,000
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Scott Evans Executive Dir. 40.00
Officer
$135,000 $0 $135,000
Jose Acevedo Board Member 1.00
Director
$0 $0 $0
Virginia Berg Board Member 1.00
Director
$0 $0 $0
Whit Brighton Board Member 1.00
Director
$0 $0 $0
Julia Davis Board Member 1.00
Director
$0 $0 $0
John Finotti Board Member 1.00
Director
$0 $0 $0
Wanda Ford Board Member 1.00
Director
$0 $0 $0
Allana Forte Board Member 1.00
Director
$0 $0 $0
Angie Garman Co-Treasurer 1.00
Officer Director
$0 $0 $0
Marie Foster Gnage Board Member 1.00
Director
$0 $0 $0
Kevin Hyde Chairman 1.00
Officer Director
$0 $0 $0
Marjorie Sabio Marquinez Board Member 1.00
Director
$0 $0 $0
Kathy Mcllvaine Board Member 1.00
Director
$0 $0 $0
Patrick Leddy Board Member 1.00
Director
$0 $0 $0
Kelly Milliron Board Member 1.00
Director
$0 $0 $0
Richard Naylor Co-Treasurer 1.00
Officer Director
$0 $0 $0
Tim Rogers Secretary 1.00
Officer Director
$0 $0 $0
Nicole Saunders Board Member 1.00
Director
$0 $0 $0
Julia Stroud Board Member 1.00
Director
$0 $0 $0
Terresa White Board Member 1.00
Director
$0 $0 $0
Ty Grady Board Member 1.00
Director
$0 $0 $0
Ellie King Board Member 1.00
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
2024 No data No data No data No data
2023 $1,760,756 $595,213 $4,401,605 $1,165,543
2022 $229,443 $463,571 $2,999,369 $-234,128
2021 $300,978 $209,968 $3,705,631 $91,010
2020 $180,004 $246,815 $3,624,357 $-66,811
2019 $459,634 $220,098 $3,334,381 $239,536
2018 $448,330 $379,730 $3,053,846 $68,600
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