Friends Of Spring Lake District Library
Spring Lake, Michigan
B-Health Score
48B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
How This Organization Compares
Compared to 2 peers in Education with <$100K revenue
Working Capital Ratio (net assets ÷ expenses)
This Org0.71×
Peer Median26.08×
💰
$12K
Total Revenue
📊
$15K
Total Expenses
🏦
$11K
Net Assets
📋
$1
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-11.9%
Year-over-year change (2023 → 2024)
Net Margin
-30.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.71
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets
Filing History
11 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $11,732↓12% | $15,359↑7% | $10,933↓25% | — |
| 2023 | $13,311↑30% | $14,407↓20% | $14,560↓8% | — |
| 2022 | $10,275↓54% | $18,077↑129% | $15,884↓42% | — |
| 2021 | $22,264↑268% | $7,884↓2% | $27,458↑202% | — |
| 2020 | $6,051↓47% | $8,010↓47% | $9,078↓17% | — |
| 2019 | $11,393↓29% | $15,153↓11% | $10,998↓49% | — |
| 2015 | $16,070↓9% | $17,115↑43% | $21,722↓5% | — |
| 2014 | $17,605↓5% | $12,004↓19% | $22,768↑3% | — |
| 2013 | $18,553↑8% | $14,911↓33% | $22,101↑20% | — |
| 2012 | $17,131↑4% | $22,174↑18% | $18,459↓19% | — |
| 2011 | $16,480 | $18,871 | $22,895 | — |
Frequently Asked Questions
What does Friends Of Spring Lake District Library do?▼
Friends Of Spring Lake District Library is a education nonprofit organization based in Michigan. It is classified under NTEE code B70Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Friends Of Spring Lake District Library financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Friends Of Spring Lake District Library.
How much revenue does Friends Of Spring Lake District Library generate?▼
Revenue data for Friends Of Spring Lake District Library is sourced from IRS filings. Detailed financial breakdowns may be available on the organization's Form 990.