FRIENDS OF THE GALLATIN PUBLIC LIBR FORMERLY EDWARD WARD CARMACK LIBRAR

EIN: 621760106 501(c)(3) Education

GALLATIN, TN

Total Revenue
$132,321
Total Expenses
$19,896
Total Assets
$214,438
Net Assets
$214,438
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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

Principal Officer
LESLIE BENNETT
Phone
6153305126
Tax Period
2023-09-01 to 2024-08-31

FRIENDS OF THE GALLATIN PUBLIC LIBR FORMERLY EDWARD WARD CARMACK LIBRAR is a small nonprofit in the Education sector that reported $132K in total revenue in fiscal year 2023. The organization ran a surplus of $112K, a strong 85% operating margin.

Mission

TO SUPPORT THE MISSION AND GOALS FOR THE LIBRARY THROUGH VOLUNTEER WORK, EDUCATIONAL EFFORTS, AND FINANCIAL SUPPORT FOR LIBRARY PROGRAMS AND PROJECTS.

Program Service Accomplishments

Program 1
Expenses: $12,590

TO SUPPORT THE MISSION AND GOALS FOR THE LIBRARY THROUGH VOLUNTEER WORK,EDUCATIONAL EFFORTS AND FINANCIAL SUPPORT FOR LIBRARY PROGRAMS AND PROJECTS.

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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 $126,043
Program Service Revenue $4,625
Investment Income $1,653
Other Revenue $0
TOTAL REVENUE $132,321

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $19,896
Other Expenses $19,896
TOTAL EXPENSES $19,896

Year-over-Year Comparison

2023 2022 Change
Revenue $132,321 N/A N/A
Expenses $19,896 N/A N/A
Net Income $112,425 N/A N/A
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
24
Independent Members
24
Employees
N/A
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
4
$0
Total Directors
19
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUDY BIVENS DIRECTOR N/A
Director
$0 $0 $0
CHRISTINE BORNAND DIRECTOR N/A
Director
$0 $0 $0
GABBY CATO DIRECTOR N/A
Director
$0 $0 $0
DANIELLE CHILDERS DIRECTOR N/A
Director
$0 $0 $0
LISA EBBERT DIRECTOR N/A
Director
$0 $0 $0
JILL FERNELIUS DIRECTOR N/A
Director
$0 $0 $0
PATRICIA HIGHERS DIRECTOR N/A
Director
$0 $0 $0
ELAINE HUMPHREY DIRECTOR N/A
Director
$0 $0 $0
GAIL INGRUM DIRECTOR N/A
Director
$0 $0 $0
JEFF KRUGER DIRECTOR N/A
Director
$0 $0 $0
PAUL MCCOY DIRECTOR N/A
Director
$0 $0 $0
SHELBY MCKEAN DIRECTOR N/A
Director
$0 $0 $0
LESLIE NEAL DIRECTOR N/A
Director
$0 $0 $0
PEGGY PATTERSON DIRECTOR N/A
Director
$0 $0 $0
MEGHAN RECINOS DIRECTOR N/A
Director
$0 $0 $0
KAYE SCOTT DIRECTOR N/A
Director
$0 $0 $0
SCHELLE SWIFT-JAMES DIRECTOR N/A
Director
$0 $0 $0
GRACE TOMKINS DIRECTOR N/A
Director
$0 $0 $0
MARY BRIGHT YOUNG DIRECTOR N/A
Director
$0 $0 $0
LESLIE BENNETT PRESIDENT N/A
Officer
$0 $0 $0
TAMMY HAWKS VICE PRESIDE N/A
Officer
$0 $0 $0
MADOLYN LINDSAY SECRETARY N/A
Officer
$0 $0 $0
BETTY MAYBERRY TREASURER N/A
Officer
$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 No data No data No data No data
2024 $132,321 $19,896 $214,438 $112,425
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