FRIENDS OF THE CRAWFORD COUNTY LIB… - Form 990 Financial Data

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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

2019

Legal Domicile

Principal Officer

TERRY CARSON

Phone

4794713226

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF THE CRAWFORD COUNTY LIBRARY SYSTEM, founded in 2019, is a micro nonprofit in the Education sector that reported $35K in total revenue in fiscal year 2024. Revenue surged 47% from the prior year, signaling strong growth momentum. The organization ran a surplus of $8K, a strong 22% operating margin.

Mission

TO SUPPORT ALL FIVE LIBRARIES IN CRAWFORD COUNTY THROUGH FUND PROJECTS AND ITEMS TO BENEFIT THE LIBRARY SYSTEMS IN ALMA, CEDARVILLE, MOUNTAINBURG, MULBERRY, AND VAN BUREN.

Program Service Accomplishments

Program 1

Expenses: $25,914

TO PROVIDE SUPPORT TO THE CRAWFORD COUNTY LIBRARY SYSTEM IN ARKANSAS

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $33,980

Program Service Revenue $0

Investment Income $1,264

Other Revenue $0

TOTAL REVENUE $35,244

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $40

Program Expenses $25,914

Other Expenses $27,449

TOTAL EXPENSES $27,449

Year-over-Year Comparison

	2024	2023	Change
Revenue	$35,244	$24,015	+0.5%
Expenses	$27,449	$15,318	+0.8%
Net Income	$7,795	$8,697	-0.1%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA BLASINGAME	SECRETARY	N/A	Officer Director	$0	$0	$0
TERRY CARSON	PRESIDENT	N/A	Officer Director	$0	$0	$0
VICKIE DAVIS	TREASURER	N/A	Officer Director	$0	$0	$0
DEWAYNE JONES	DIRECTOR	N/A	Director	$0	$0	$0
VIKI KILGORE	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
KEITH PIGG	DIRECTOR	N/A	Director	$0	$0	$0
EVA WHITE	DIRECTOR	N/A	Director	$0	$0	$0
SHIRLEY YEAGER	DIRECTOR	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
2024	$35,244	$27,449	$38,965	$7,795
2023	$24,015	$15,318	$31,170	$8,697

FRIENDS OF THE CRAWFORD COUNTY LIBRARY SYSTEM