Civic Intelligence

Friends of the Nc Library for the Blind

EIN 58-1973202 • 501(c)3 • Raleigh, NC

Profile

Support for the library of the blind and physically handicapped of north carolina.

1841 Capital BlvdRaleigh, NC 27635

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

27th percentile

0.00x

Higher debt load relative to assets than 27% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

36th percentile

0.02x

Higher debt load relative to revenue than 36% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2025

Net Margin

93rd percentile

65%

Higher net margin than 93% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE B • $1M-$5M nonprofits • Source year 2025

Asset Growth

63rd percentile

10%

Faster asset growth than 63% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

55th percentile

12%

Faster revenue growth than 55% of similar nonprofits.

NTEE B • $1M-$5M nonprofits • Annualized from 2024 to 2025

Balance Sheet
Liabilities / Assets27th percentile

Assets

Up

$1,750,883

Up $162,809 (+10%) from 2024

Liabilities

Up

$2,953

Up $1,431 (+94%) from 2024

Net Assets

Up

$1,747,930

Up $161,378 (+10%) from 2024

Operations
Liabilities / Revenue36th percentileNet Margin93rd percentile

Revenue

Up

$157,547

Up $16,983 (+12%) from 2024

Expenses

Down

$55,779

Down $4,430 (-7.4%) from 2024

Net Income

Up

$101,768

Up $21,413 (+27%) from 2024

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $558,294Liabilities 2011: $3,139Net Assets 2011: $555,1552011Assets 2012: $510,483Liabilities 2012: $3,792Net Assets 2012: $506,6912012Assets 2013: $545,438Liabilities 2013: $0Net Assets 2013: $545,4382013Assets 2014: $582,872Liabilities 2014: $952Net Assets 2014: $581,9202014Assets 2015: $891,999Liabilities 2015: $27Net Assets 2015: $891,9722015Assets 2016: $893,014Liabilities 2016: $134Net Assets 2016: $892,8802016Assets 2017: $980,173Liabilities 2017: $22Net Assets 2017: $980,1512017Assets 2018: $1,083,216Liabilities 2018: $23Net Assets 2018: $1,083,1932018Assets 2019: $1,151,549Liabilities 2019: $123Net Assets 2019: $1,151,4262019Assets 2020: $1,194,025Liabilities 2020: $1,607Net Assets 2020: $1,192,4182020Assets 2021: $1,524,822Liabilities 2021: $1,200Net Assets 2021: $1,523,6222021Assets 2022: $1,294,160Liabilities 2022: $500Net Assets 2022: $1,293,6602022Assets 2023: $1,415,820Liabilities 2023: $252Net Assets 2023: $1,415,5682023Assets 2024: $1,588,074Liabilities 2024: $1,522Net Assets 2024: $1,586,5522024Assets 2025: $1,750,883Liabilities 2025: $2,953Net Assets 2025: $1,747,9302025

Highlighted filing

2025

Assets$1,750,883
Liabilities$2,953
Net Assets$1,747,930
Open 2025 Filing

Operations Trend

Revenue Growth55th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0Revenue 2011: $226,300Expenses 2011: $113,181Net Income 2011: $113,1192011Expenses 2012: $125,6872012Revenue 2013: $130,652Expenses 2013: $91,855Net Income 2013: $38,7972013Revenue 2014: $103,117Expenses 2014: $66,635Net Income 2014: $36,4822014Revenue 2015: $297,655Expenses 2015: $33,716Net Income 2015: $263,9392015Revenue 2016: $107,256Expenses 2016: $57,802Net Income 2016: $49,4542016Revenue 2017: $107,597Expenses 2017: $62,797Net Income 2017: $44,8002017Revenue 2018: $128,505Expenses 2018: $55,109Net Income 2018: $73,3962018Revenue 2019: $141,974Expenses 2019: $64,610Net Income 2019: $77,3642019Revenue 2020: $105,186Expenses 2020: $65,427Net Income 2020: $39,7592020Revenue 2021: $151,137Expenses 2021: $47,518Net Income 2021: $103,6192021Revenue 2022: $146,847Expenses 2022: $55,191Net Income 2022: $91,6562022Revenue 2023: $94,060Expenses 2023: $59,877Net Income 2023: $34,1832023Revenue 2024: $140,564Expenses 2024: $60,209Net Income 2024: $80,3552024Revenue 2025: $157,547Expenses 2025: $55,779Net Income 2025: $101,7682025

Highlighted filing

2025

Revenue$157,547
Expenses$55,779
Net Income$101,768
Open 2025 Filing

Filings

Most recent year

2025 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$1,750,883
Liabilities
$2,953
Net assets
$1,747,930
Revenue
$157,547
Expenses
$55,779
Net income
$101,768
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.75$0.00$1.75$0.16$0.06$0.10
2024Summary only. Only limited summary data is available for this year.$1.59$0.00$1.59$0.14$0.06$0.08
2023Summary only. Only limited summary data is available for this year.$1.42$0.00$1.42$0.09$0.06$0.03
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.00$1.29$0.15$0.06$0.09
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.00$1.52$0.15$0.05$0.10
2020Summary only. Only limited summary data is available for this year.$1.19$0.00$1.19$0.11$0.07$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.00$1.15$0.14$0.06$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.08$0.00$1.08$0.13$0.06$0.07
2017Summary only. Only limited summary data is available for this year.$0.98$0.00$0.98$0.11$0.06$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.89$0.00$0.89$0.11$0.06$0.05
2015Summary only. Only limited summary data is available for this year.$0.89$0.00$0.89$0.30$0.03$0.26
2014Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.10$0.07$0.04
2013Summary only. Only limited summary data is available for this year.$0.55$0.00$0.55$0.13$0.09$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.51$0.00$0.51$0.13
2011Summary only. Only limited summary data is available for this year.$0.56$0.00$0.56$0.23$0.11$0.11
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Feb 7, 2022
Return Version
2020v4.0
Gross Receipts
$197,789
Mission and Program Overview

Mission

Support for the library of the blind and physically handicapped of north carolina.

Support for the Library for the Blind of North Carolina and to promote literacy for visually impaired and blind individuals within North Carolina.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$850,030$1,016,485▲ $166,455
Savings and Temporary Cash Investments$80,859$160,692▲ $79,833
Cash and Non-Interest-Bearing Accounts$41,818$63,323▲ $21,505
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,194,025$1,524,822▲ $330,797
Other Assets Total$221,318$284,322▲ $63,004
Liabilities
Accounts Payable and Accrued Expenses$1,607$1,200▼ $407
Total Liabilities$1,607$1,200▼ $407
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,192,418$1,523,622▲ $331,204
Total Net Assets Fund Balance$1,192,418$1,523,622▲ $331,204
Total Liabilities and Net Assets / Fund Balance$1,194,025$1,524,822▲ $330,797

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$284,322--
Compensation and Service Providers
Top Officer Pay39th percentile

Board Members and Trustees

NameTitle
Susan KingPresident
Sharon BentonVice President
Angelo SonnessoDirector
Dawnson HartDirector
Donna PermarDirector
Donnie BestDirector
Eddie WeaverDirector
JoAnn WoodDirector
Karen BroderickDirector
Kellie Hightower-SpruillDirector
Melaney SteinDirector
Verdina Gillette-SimmsDirector
Yvonne KeaDirector
Debbie MeadowsSecretary
Mary FlanaganTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,712
Program Service Revenue
$0
Investment Income
$94,425
Other Revenue
$0
All Other Contributions
$43,352
Change in Net Assets
$103,619
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$30,579
Grants and Similar Amounts Paid$16,939
Total Fundraising Expense$650
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$16,939--$16,939
Fees for Service Investment Mgmnt Fees-$12,718-$12,718
Fees for Services Other$1,500$5,113-$6,613
Fees for Services Accounting-$3,935-$3,935
Information Technology$30$3,309-$3,339
Insurance-$1,755-$1,755
Office Expenses$37$532$650$1,219
Other Expenses$176$103-$103
Total Functional Expenses$18,682$28,186$650$47,518
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
NC Library for the BPHRaleigh, NCNC Dept Nat ResourceLibrary resources$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“Membership levels include Individual, Family, Organization, and Professional.”

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

“All members have the same rights, which include voting each year to approve new board members and when changes are proposed to the bylaws.”

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

“By a two-thirds majority of those voting in a mailed ballot vote or at any general membership meeting by a two-thirds vote of those present and voting, members vote to approve new board members and when changes are proposed to the bylaws.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“Prior to filing, the Form 990 will be reviewed by the Treasurer and President.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The conflict of interest policy is monitored by the Board Treasurer and reviewed and signed at the beginning of each fiscal year by all Board members. It is each signator's obligation to disclose any potential conflict as soon as it is known or reasonably should be known.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The three most recent Form 990s (including financial information), the Bylaws, Articles of Incorporation, Form 1023 Application for Exemption, and conflict of interest policy are provided to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Friends of the North Carolina Library
EIN
58-1973202
Phone
8883882460
Address
1841 Capital Blvd, Raleigh, NC 27635

Signing Officer

Name
Susan King
Title
President
Signed
2022-02-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan King
Formed
1990
Legal Domicile
Nc
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
14

Preparer

Firm
Mig Murphy Sistrom CPA Pc
Address
2216 Whitley Dr, DURHAM, NC 27707
Preparer
Darren Hunicutt
Phone
9194191119
Raw XML AppendixShowing 400 of 501 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivityOrMissionDesc0Support for the Library for the Blind of North Carolina and to promote literacy for visually impaired and blind individuals within North Carolina.
IRS990/AdvertisingGrp/TotalAmt00
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IRS990/AnnualDisclosureCoveredPrsnInd0true
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IRS990/BooksInCareOfDetail/PersonNm0Mary Flanagan
IRS990/BooksInCareOfDetail/PhoneNum08883882460
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IRS990/BooksInCareOfDetail/USAddress/CityNm0Raleigh
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IRS990/CollectionsOfArtInd0false
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IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
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IRS990/CYContributionsGrantsAmt056712
IRS990/CYGrantsAndSimilarPaidAmt016939
IRS990/CYInvestmentIncomeAmt094425
IRS990/CYOtherExpensesAmt030579
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0103619
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IRS990/CYTotalExpensesAmt047518
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0151137
IRS990/DecisionsSubjectToApprovaInd0true
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IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0During the Fiscal Year 2020-21, 384 large print titles and 45 braille titles were purchased. We also purchased 84 DVDs for the Descriptive Video Program. We produced 2 braille titles. As our recording program was on hold, we produced no recorded books or magazines. A number of programs were held, with the support of the Friends. Our Reading program was moved from the Summer to the Winter, and to support the Adult and Childrens program, we had two virtual programs. The Adult and Childrens programs each had 8 people in attendance. We continued both the VIP and Charlotte book discussions on a remote basis, and the two series had a combined 126 participants over the year. In the late Spring, we had another remote program, the first in the Historys Mysteries Series, with 49 participating remotely. Due to the pandemic, there was no Volunteer Recognition event.
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IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
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IRS990/ExpenseAmt018682
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IRS990/Form990PartVIISectionAGrp/PersonNm0Susan King
IRS990/Form990PartVIISectionAGrp/PersonNm1Mary Flanagan
IRS990/Form990PartVIISectionAGrp/PersonNm2Sharon Benton
IRS990/Form990PartVIISectionAGrp/PersonNm3Debbie Meadows
IRS990/Form990PartVIISectionAGrp/PersonNm4Dawnson Hart
IRS990/Form990PartVIISectionAGrp/PersonNm5Donnie Best
IRS990/Form990PartVIISectionAGrp/PersonNm6Karen Broderick
IRS990/Form990PartVIISectionAGrp/PersonNm7Kellie Hightower-Spruill
IRS990/Form990PartVIISectionAGrp/PersonNm8Angelo Sonnesso
IRS990/Form990PartVIISectionAGrp/PersonNm9JoAnn Wood
IRS990/Form990PartVIISectionAGrp/PersonNm10Melaney Stein
IRS990/Form990PartVIISectionAGrp/PersonNm11Donna Permar
IRS990/Form990PartVIISectionAGrp/PersonNm12Eddie Weaver
IRS990/Form990PartVIISectionAGrp/PersonNm13Verdina Gillette-Simms
IRS990/Form990PartVIISectionAGrp/PersonNm14Yvonne Kea
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IRS990/MissionDesc0To promote the development of excellent library service to the blind and physically handicapped citizens of our state; to foster closer relations between our library and the citizens of our state; to encourage and assist in forming local groups or chapters; to promote knowledge of the library's functions, resources, services and needs; and to provide the means for members to exchange ideas, information and experience.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0The Friends of the North Carolina Library for the Blind and Physically Handicapped ("the Friends") maintains a close and continuous working relationship with the Library for the Blind and Physically Handicapped ("the Library"), which is a division of the NC Department of Natural and Cultural Resources. A Memorandum of Agreement between the Friends and the NC Department of Natural and Cultural Resources states the Friends shall assign as a liaison the Library Manager, who shall serve as a non-voting board member, have the responsibility to communicate and consult with the Friends on projects and joint planning, and be invited to all the Friends' board meetings. In addition, the Library may review, advise, and support the development of the Friends' annual operating budget.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1Members of the Friends of the North Carolina Library for the Blind and Physically Handicapped ("the Friends") conduct volunteer work within the NC Library for the Blind and Physically Handicapped ("the Library"), a government agency which is a division of the NC Department of Natural and Cultural Resources. The Friends also purchases items that promote the services of the Library, and promotes educational opportunities within the community that are offered by the Library. The support provided by the Friends to the Library goes towards acquisitions of items to support programs and services that are the core functions of the Library, which the Library would undertake in the absence of the Friends' support.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Part IV, Section E, Line 1c: Explain How Organization Supports Government Entity
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