LIVINGSTON, MT
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF THE LIBRARY, founded in 1980, is a micro nonprofit in the Education sector that reported $69K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Net assets of $167K represent 29 months of operating reserves.
THE ORGANIZATION'S MISSION IS TO RAISE FUNDS FOR THE LOCAL PUBLIC LIBRARY IN LIVINGSTON MONTANA.
THE ORGANIZATION RAISES FUNDS TO SUPPORT THE LOCAL/COUNTY PUBLIC LIBRARY. THE LIBRARY'S PRIMARY FUNDING/OPERATING EXPENSES SOURCE IS FROM THE COUNTY AND CITY GOVERNMENTS. THE ORGANIZATION HAS...
THE ORGANIZATION RAISES FUNDS TO SUPPORT THE LOCAL/COUNTY PUBLIC LIBRARY. THE LIBRARY'S PRIMARY FUNDING/OPERATING EXPENSES SOURCE IS FROM THE COUNTY AND CITY GOVERNMENTS. THE ORGANIZATION HAS APPROXIMATELY 360 MEMBERS (FRIENDS) THAT CONTRIBUTE ANNUALLY THROUGH MEMBERSHIP DUES. THE ORGANZIATION ALSO HOLDS SEVERAL FUNDRAISERS THROUGHOUT THE YEAR INCLUDING USED BOOK SALES AND A FUNDRASING DINNER. FRIENDS OF THE LIBRARY PARTICIPATES IN PARK COUNTY'S GIVE-A-HOOT CAMPAIGN WHICH HELPS TO BRING IN ADDITIONAL DONATIONS. FUNDS RAISED ARE USED TO SUPPORT LIBRARY PROGRAMS, PURCHASE BOOKS, MAGAZINES, MEDIA, SUPPORT A BOOKMOBILE WHICH TRAVELS TO REMOTE AREAS OF THE COUNTY, AND FUND NEW TECHNICAL EQUIPMENT, SOFTWARE UPGRADES, AND REPLACEMENTS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $68,921 | $77,052 | -0.1% |
| Expenses | $67,631 | $68,357 | 0.0% |
| Net Income | $1,290 | $8,695 | -0.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RON CLARK | PRESIDENT | 2.00 |
Officer
|
$0 | $0 | $0 |
| MILLA CUMMINS | SECRETARY | 2.00 |
Officer
|
$0 | $0 | $0 |
| PRISCILLA DYSART | TREASURER | 2.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $68,921 | $67,631 | $167,028 | $1,290 |
| 2022 | $77,052 | $68,357 | $165,738 | $8,695 |
| 2021 | $59,359 | $91,338 | $157,043 | $-31,979 |
| 2020 | $68,375 | $28,166 | $189,022 | $40,209 |
Compare FRIENDS OF THE LIBRARY with other nonprofits in Montana and across the country.