Friends of the Albert Carlton - Cashiers Community Library Inc
Only null% goes to programs Strong reserves Growing revenue
Friends of the Albert Carlton - Cashiers Community Library Inc is a 501(c)(3) organization based in Cashiers, North Carolina, registered in 1996, with $127,067 in FY2024 revenue. CharityIndex grades it B.
Po Box 2628, Cashiers, NC, 28717 EIN 58-2190405 Since 1996
Revenue (FY2024)
$127K
▲ 629.5% vs prior year
Education median: $200K
Expenses (FY2024)
$103K
Net assets
$256K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Friends of the Albert Carlton - Cashiers Community Library Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating30 mo reserves · +19% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Friends of the Albert Carlton - Cashiers Community Library Inc: 30 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Friends of the Albert Carlton - Cashiers Community Library Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Friends of the Albert Carlton - Cashiers Community Library Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- Po Box 2628, Cashiers, NC, 28717
- City
- Cashiers
- State
- North Carolina
- Category
- Education
- Subcategory
- Libraries
- Website
- …
Financial trends
Revenue grew from $72K (FY2017) to $127K (FY2024) across 8 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
19.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$256K
Net assets
$256K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $127,067▲629% | $102,544▲953% | $256,058▲17.2% | $256,058▲17.2% | 990EZ |
| 2023 | $17,419▼74.4% | $9,741▼87.7% | $218,503▲9.9% | $218,503▲9.9% | 990EZ |
| 2022 | $67,959▼13.0% | $79,150▲7.8% | $198,843▼1.3% | $198,843▼1.3% | 990EZ |
| 2021 | $78,123▼11.6% | $73,410▲5.5% | $201,390▼12.7% | $201,390▼12.7% | 990EZ |
| 2020 | $88,420▲86.1% | $69,592▲24.0% | $230,694▲29.2% | $230,694▲29.2% | 990EZ |
| 2019 | $47,518▲6.7% | $56,142▲0.4% | $178,566▼4.6% | $178,566▼4.6% | 990EZ |
| 2018 | $44,551▼37.8% | $55,915▼12.9% | $187,186▼5.7% | $187,186▼5.7% | 990EZ |
| 2017 | $71,598 | $64,174 | $198,550 | $198,550 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $119K total
5 grants to Friends of the Albert Carlton - Cashiers Community Library Inc totaling $119K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Foundation of Western North Carolina Inc | Improving educational opportunities | 2024 | $34,000 |
| The Community Foundation of Western North Carolina Inc | Improving educational opportunities | 2023 | $25,500 |
| The Community Foundation of Western North Carolina Inc | Improving educational opportunities | 2022 | $22,800 |
| The Community Foundation of Western North Carolina Inc | Improving educational opportunities | 2021 | $19,500 |
| The Community Foundation of Western North Carolina Inc | Improving educational opportunities | 2020 | $17,500 |
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Frequently asked questions
- Is Friends of the Albert Carlton - Cashiers Community Library Inc a legitimate nonprofit?
- Yes. Friends of the Albert Carlton - Cashiers Community Library Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 58-2190405, based in Cashiers, North Carolina. Donations are tax-deductible.
- What is Friends of the Albert Carlton - Cashiers Community Library Inc's EIN?
- Friends of the Albert Carlton - Cashiers Community Library Inc's Employer Identification Number (EIN) is 58-2190405.
- How much revenue does Friends of the Albert Carlton - Cashiers Community Library Inc report?
- Friends of the Albert Carlton - Cashiers Community Library Inc reported $127,067 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Friends of the Albert Carlton - Cashiers Community Library Inc have?
- CharityIndex grades Friends of the Albert Carlton - Cashiers Community Library Inc B, based on financial health (reserves and operating margin).
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Data for Friends of the Albert Carlton - Cashiers Community Library Inc (EIN 58-2190405) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.