FRIENDS OF THE ALBANY PUBLIC LIBRARY

EIN: 930684662 501(c)(3)

ALBANY, OR

Total Revenue
$268,827
Total Expenses
$27,270
Total Assets
$411,227
Net Assets
$411,227
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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
1977
Legal Domicile
OR
Principal Officer
KARYN WALKER
Tax Period
2022-05-01 to 2023-04-30

FRIENDS OF THE ALBANY PUBLIC LIBRARY, founded in 1977, is a small nonprofit that reported $269K in total revenue in fiscal year 2022. Revenue surged 304% from the prior year, signaling strong growth momentum. The organization ran a surplus of $242K, a strong 90% operating margin.

Mission

FUND RAISING AND SUPPORT OF THE 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 $250,485
Program Service Revenue $0
Investment Income $0
Other Revenue $18,342
TOTAL REVENUE $268,827

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $27,270
Other Expenses $27,270
TOTAL EXPENSES $27,270

Year-over-Year Comparison

2022 2021 Change
Revenue $268,827 $66,505 +3.0%
Expenses $27,270 $52,414 -0.5%
Net Income $241,557 $14,091 +16.1%
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

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Governance

Voting Members
11
Independent Members
11
Employees
N/A
Volunteers
20

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARBARA KRAEMER SECRETARY 1.00
Officer
$0 $0 $0
JAN HUSKEY TREASURER 1.00
Officer
$0 $0 $0
KARYN WALKER PRESIDENT 1.00
Officer
$0 $0 $0
LESLIE HOGAN VICE PRESIDENT 1.00
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
2023 $268,827 $27,270 $411,227 $241,557
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