Friends Of The Royal Oak Public Library
Royal Oak, Michigan
B+Health Score
70B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
How This Organization Compares
Compared to 2 peers in Education with <$100K revenue
💰
$26K
Total Revenue
📊
$19K
Total Expenses
🏦
$49K
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-38.9%
Year-over-year change (2022 → 2023)
Net Margin
+28.8%
Revenue minus expenses as % of revenue
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $26,042↓39% | $18,540↓32% | $49,470↑18% | |
| 2022 | $42,647↑471% | $27,148↑1680% | $41,968↑59% | — |
| 2021 | $7,472↑59% | $1,525↓47% | $26,469↑29% | — |
| 2020 | $4,701↓86% | $2,888↓94% | $20,522↑10% | — |
| 2019 | $34,755↓11% | $51,032↑28% | $18,709↓43% | — |
| 2018 | $38,943↑1% | $39,896↑17% | $32,560↓3% | — |
| 2017 | $38,411↓10% | $34,170↓8% | $33,513↑14% | — |
| 2016 | $42,540↑2% | $37,141↓3% | $29,271↑23% | — |
| 2015 | $41,748↑16% | $38,112↓41% | $23,873↑168% | — |
| 2014 | $35,977↓31% | $64,569↑28% | $8,900↓81% | — |
| 2013 | $52,259↑34% | $50,450↑12% | $47,474↑5% | — |
| 2012 | $39,029↑10% | $45,241↑73% | $45,297↓12% | — |
| 2011 | $35,587 | $26,089 | $51,287 | — |
Frequently Asked Questions
What does Friends Of The Royal Oak Public Library do?▼
Friends Of The Royal Oak Public Library is a education nonprofit organization based in Michigan. It is classified under NTEE code B70 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Friends Of The Royal Oak Public Library financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Friends Of The Royal Oak Public Library.
How much revenue does Friends Of The Royal Oak Public Library generate?▼
Friends Of The Royal Oak Public Library reports $25K in annual revenue and holds $53K in total assets, based on IRS filings.