ALBANY CO PUBLIC LIBRARY FOUNDATION C/O ALBANY COUNTY PUBLIC LIBRARY

EIN: 830240069 501(c)(3) Education

LARAMIE, WY

Total Revenue
$179,579
Total Expenses
$245,238
Total Assets
$2,451,326
Net Assets
$2,447,045
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
WY
Principal Officer
RAJEEV PATEL
Phone
3077212580
Tax Period
2022-07-01 to 2023-06-30

ALBANY CO PUBLIC LIBRARY FOUNDATION C/O ALBANY COUNTY PUBLIC LIBRARY, founded in 1978, is a small nonprofit in the Education sector that reported $180K in total revenue in fiscal year 2022. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $245K exceeded revenue, resulting in a 37% operating deficit.

Mission

PROVIDE EQUIPMENT/BOOKS/ETC TO THE LIBRARY

Program Service Accomplishments

Program 1
Expenses: $138,913

THE FOUNDATION RECEIVES DONATIONS AND REVENUE FROM SPECIAL EVENTS. THE FUNDS ARE THEN USED TO PURCHASE EQUIPMENT, BOOKS, ETC FOR THE ALBANY COUNTY 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 (2022)

Revenue Breakdown

Contributions & Grants $139,331
Program Service Revenue $2,522
Investment Income $36,150
Other Revenue $1,576
TOTAL REVENUE $179,579

Expense Breakdown

Grants Paid $0
Salaries & Benefits $119,388
Fundraising Expenses $47,547
Program Expenses $138,913
Other Expenses $125,850
TOTAL EXPENSES $245,238

Year-over-Year Comparison

2022 2021 Change
Revenue $179,579 $499,638 -0.6%
Expenses $245,238 $240,608 +0.0%
Net Income $-65,659 $259,030 -1.3%
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
8
Independent Members
8
Employees
3
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AIMEE APPELHANS VICE PRESIDE 2.00
Director
$0 $0 $0
BARBARA CHATTON MEMBER 2.00
Officer Director
$0 $0 $0
VICTORIA CHATTON MEMBER 2.00
Director
$0 $0 $0
JESSICA FLOCK SECRETARY 2.00
Officer Director
$0 $0 $0
DAVE HARDESTY EX-OFFICIO M 2.00
Director
$0 $0 $0
HASHI JAYASINGHE EX-OFFICIO M 2.00
Director
$0 $0 $0
TERESA JENSEN MEMBER 2.00
Director
$0 $0 $0
BRETT KVENILD TREASURER 2.00
Officer Director
$0 $0 $0
DELILAH PASMAN MEMBER 2.00
Director
$0 $0 $0
RAJEEV PATEL PRESIDENT 2.00
Officer Director
$0 $0 $0
CAITLIN WHITE EXECUITVE DI 2.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $179,579 $245,238 $2,451,326 $-65,659
2022 $499,638 $240,608 $2,349,974 $259,030
2021 $353,735 $245,920 $2,550,288 $107,815
2020 $176,510 $194,636 $2,059,020 $-18,126
2019 $249,903 $212,514 $2,103,222 $37,389
2018 $216,729 $173,688 $2,082,594 $43,041
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