FRIENDS OF THE RIDGWAY LIBRARY

EIN: 841323398 501(c)(3) Education

RIDGWAY, CO

Total Revenue
$407,004
Total Expenses
$329,011
Total Assets
$83,329
Net Assets
$83,329
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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
1995
Legal Domicile
CO
Phone
9706263990
Tax Period
2019-01-01 to 2019-12-31

FRIENDS OF THE RIDGWAY LIBRARY, founded in 1995, is a small nonprofit in the Education sector that reported $407K in total revenue in fiscal year 2019. Revenue surged 79% from the prior year, signaling strong growth momentum. The organization ran a surplus of $78K, a strong 19% operating margin.

Mission

TO RAISE MONEY FOR THE LIBRARY AND EXPOSURE TO THE ARTS

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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 (2019)

Revenue Breakdown

Contributions & Grants $405,394
Program Service Revenue $0
Investment Income $0
Other Revenue $1,610
TOTAL REVENUE $407,004

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,811
Program Expenses $327,000
Other Expenses $329,011
TOTAL EXPENSES $329,011

Year-over-Year Comparison

2019 2018 Change
Revenue $407,004 $226,989 +0.8%
Expenses $329,011 $225,895 +0.5%
Net Income $77,993 $1,094 +70.3%
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

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
3
Independent Members
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GAIL KENNEDY Treasurer 2.00
Officer
$0 $0 $0
ELIZABETH WILLIAMS President 2.00
Officer
$0 $0 $0
BARBARA SEELYE Secretary 2.00
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
2019 $407,004 $329,011 $83,329 $77,993
2018 $226,989 $225,895 $5,336 $1,094
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