BAINBRIDGE ISLAND, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BAINBRIDGE PUBLIC LIBRARY, founded in 1960, is a small nonprofit in the Education sector that reported $548K in total revenue in fiscal year 2023. Revenue fell 50% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $188K, a strong 34% operating margin.
THE ORGANIZATION'S MISSION IS TO ENSURE A VIBRANT COMMUNITY SPACE DEDICATED TO THE JOY OF READING, THE DISCOVERY OF IDEAS, AND THE POWER OF INFORMATION BY OWNING, OPERATING AND MAINTAINING THE LIBRARY BUILDING AND GROUNDS. THE FACILITIES WERE DONATED BY THE PEOPLE OF BAINBRIDGE ISLAND IN 1961 AND CONTINUE TO BE FUNDED BY CONTRIBUTIONS RAISED THROUGH EFFORTS OF THE BOARD OF DIRECTORS. THE LIBRARY IS OPERATED BY KITSAP REGIONAL LIBRARY, A SEPARATE INDEPENDENT ORGANIZATION, WHICH PROVIDES MATERIALS, STAFF, AND TECHNICAL AND ADMINISTRATIVE SUPPORT.
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 | $547,522 | $1,085,996 | -0.5% |
| Expenses | $359,847 | $327,040 | +0.1% |
| Net Income | $187,675 | $758,956 | -0.8% |
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 |
|---|---|---|---|---|---|---|
| JIM FOX | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| KATHERINE BOLLES | PRESIDENT | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHARLES BROWNE | ARCHIVIST | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| MERRY PALMER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| WALTER YUND | TREASURER | 7.00 |
Officer
Director
|
$0 | $0 | $0 |
| KIP BANKHART | BOARD MEMBER | 6.00 |
Director
|
$0 | $0 | $0 |
| DENTON KIEHLE | VICE PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES MCKEEVER | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| RACHELLE CASTLEBERRY | BOARD MEMBER | 3.00 |
Director
|
$0 | $0 | $0 |
| TRESE WILLIAMSON | BOARD MEMBER | 2.50 |
Director
|
$0 | $0 | $0 |
| JUDY HARTSTONE | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $547,522 | $359,847 | $7,335,954 | $187,675 |
| 2022 | $1,085,996 | $327,040 | $6,794,785 | $758,956 |
| 2021 | $569,196 | $252,982 | $6,679,181 | $316,214 |
| 2020 | $388,495 | $315,585 | $6,117,018 | $72,910 |
| 2019 | $360,255 | $393,502 | $5,869,239 | $-33,247 |
| 2018 | $379,557 | $338,734 | $5,635,496 | $40,823 |
Compare BAINBRIDGE PUBLIC LIBRARY with other nonprofits in Washington and across the country.