BALDWIN COUNTY LIBRARY COOPERATIVE

EIN: 630622100 501(c)(3) Education

ROBERTSDALE, AL

Total Revenue
$334,844
Total Expenses
$324,181
Total Assets
$206,219
Net Assets
$186,349
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
AL
Principal Officer
LOLITA BOYKIN
Phone
2519704010
Tax Period
2022-10-01 to 2023-09-30

BALDWIN COUNTY LIBRARY COOPERATIVE, founded in 2000, is a small nonprofit in the Education sector that reported $335K in total revenue in fiscal year 2022. Revenue decreased 9% compared to the prior year. Expenses of $324K left a modest 3% surplus.

Mission

BCLC IS A VOLUNTARY, COOPERATIVE MEMBERSHIP NETWORK OF THE PUBLIC LIBRARIES IN BALDWIN COUNTY, ALABAMA. IN SUPPROT OF THE MEMBER LIBRARIES, BCLC WILL PROVIDE A RANGE OF SERVICES TO MEET MEMBER LIBRARY NEEDS. ELEVATING ALL LIBRARIES IN THE COUNTY TO MEET THE ALABAMA LIBRARY ASSOCIATION STANDARDS FOR ALABAMA PUBLIC LIBRARIES IS A CONTINUING OBJECTIVE. THE PUBLIC LIBRARY, AS AN INSTITUTION, IS A UNIQUE SOCIAL PHENOMENON WHOSE IMPACT AFFECTS ALL LEVELS OF SOCIETY. AS PART OF THE COMMUNITY SUPPORT STRUCTURE, THE PUBLIC LIBRARY IS CENTRAL TO THE DISSEMINATION OF INFORMATION IN A DEMOCRATIC SOCIETY. TECHNOLOGY IS CHANGING THE WAY WE COMMUNICATE AND THE WAY WE FIND AND MAKE USE OF THE INFORMATION WE NEED. IT IS THE PUBLIC LIBRARY'S ROLE TO IDENTIFY THE NEEDS OF THEIR COMMUNITY AND THEN TO PROVIDE PUBLIC ACCESS TO KNOWLEDGE IN WHATEVER FORM IT TAKES, INCLUDING TECHNOLOGY WHEN APPROPRIATE. BCLC WILL CONTINUE TO PURSUE THE GOALS ESTABLISHED BY OUR TECHNOLOGY PLAN, AND IMPLEMENT AS MANY OF THE SUP

Program Service Accomplishments

Program 1
Expenses: $217,967 Revenue: $39,209

BCLC IS A VOLUNTARY, COOPERATIVE MEMBERSHIP NETWORK OF THE PUBLIC LIBRARIES IN BALDWIN COUNTY, ALABAMA. IN SUPPROT OF THE MEMBER LIBRARIES, BCLC WILL PROVIDE A RANGE OF SERVICES TO MEET MEMBER...

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BCLC IS A VOLUNTARY, COOPERATIVE MEMBERSHIP NETWORK OF THE PUBLIC LIBRARIES IN BALDWIN COUNTY, ALABAMA. IN SUPPROT OF THE MEMBER LIBRARIES, BCLC WILL PROVIDE A RANGE OF SERVICES TO MEET MEMBER LIBRARY NEEDS. ELEVATING ALL LIBRARIES IN THE COUNTY TO MEET THE ALABAMA LIBRARY ASSOCIATION STANDARDS FOR ALABAMA PUBLIC LIBRARIES IS A CONTINUING OBJECTIVE. THE PUBLIC LIBRARY, AS AN INSTITUTION, IS A UNIQUE SOCIAL PHENOMENON WHOSE IMPACT AFFECTS ALL LEVELS OF SOCIETY. AS PART OF THE COMMUNITY SUPPORT STRUCTURE, THE PUBLIC LIBRARY IS CENTRAL TO THE DISSEMINATION OF INFORMATION IN A DEMOCRATIC SOCIETY. TECHNOLOGY IS CHANGING THE WAY WE COMMUNICATE AND THE WAY WE FIND AND MAKE USE OF THE INFORMATION WE NEED. IT IS THE PUBLIC LIBRARY'S ROLE TO IDENTIFY THE NEEDS OF THEIR COMMUNITY AND THEN TO PROVIDE PUBLIC ACCESS TO KNOWLEDGE IN WHATEVER FORM IT TAKES, INCLUDING TECHNOLOGY WHEN APPROPRIATE. BCLC WILL CONTINUE TO PURSUE THE GOALS ESTABLISHED BY OUR TECHNOLOGY PLAN, AND IMPLEMENT AS MANY OF THE SUPPORTING ACTIVITIES AS POSSIBLE.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $295,962
Program Service Revenue $39,209
Investment Income $-1,963
Other Revenue $1,636
TOTAL REVENUE $334,844

Expense Breakdown

Grants Paid $0
Salaries & Benefits $180,512
Fundraising Expenses $0
Program Expenses $217,967
Other Expenses $143,669
TOTAL EXPENSES $324,181

Year-over-Year Comparison

2022 2021 Change
Revenue $334,844 $368,431 -0.1%
Expenses $324,181 $317,058 +0.0%
Net Income $10,663 $51,373 -0.8%
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
3
Independent Members
3
Employees
9
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOLITA BOYKIN CHAIRMAN N/A
Officer Director
$0 $0 $0
BETTY WOOD BOARD MEMBER N/A
Director
$0 $0 $0
SHIRLEY STEPHENS BOARD MEMBER N/A
Director
$0 $0 $0
BRENDA PIERCE BOARD MEMBER N/A
Officer Director
$0 $0 $0
DIANE SIMS BOARD MEMBER 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
2023 $334,844 $324,181 $206,219 $10,663
2022 $368,431 $317,058 $195,134 $51,373
2021 $324,457 $275,051 $136,385 $49,406
2020 $259,103 $252,036 $81,628 $7,067
2019 $345,925 $364,746 $29,030 $-18,821
2018 $246,550 $237,163 $46,814 $9,387
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