RIVERSIDE PUBLIC LIBRARY FOUNDATION

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

BARBARA SHACKLETON

Phone

9517849552

Tax Period

2024-01-01 to 2024-12-31

RIVERSIDE PUBLIC LIBRARY FOUNDATION, founded in 1997, is a small nonprofit in the Education sector that reported $393K in total revenue in fiscal year 2024. Revenue surged 169% from the prior year, signaling strong growth momentum. The organization ran a surplus of $63K, a strong 16% operating margin.

Mission

TO RAISE FUNDS FOR THE BENEFIT OF THE CITY OF RIVERSIDE PUBLIC LIBRARY FOR BOTH SHORT-TERM OPERATIONS AND LONG-TERM PURPOSES AND TO ENSURE THE CONTINUED EXCELLENCE OF PUBLIC LIBRARY SERVICES FOR RIVERSIDE, CALIFORNIA RESIDENTS.

Program Service Accomplishments

Program 1

Expenses: $292,621

DONATIONS TO THE CITY OF RIVERSIDE PUBLIC LIBRARY FOR EBOOKS, AUDIOBOOKS, STREAMING SERVICES, EQUIPMENT AND SUPPLIES, AND LIBRARY PROGRAMS AND EVENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $355,453

Program Service Revenue $0

Investment Income $40,497

Other Revenue $-2,528

TOTAL REVENUE $393,422

Expense Breakdown

Grants Paid $292,621

Salaries & Benefits $24,781

Fundraising Expenses $17,014

Program Expenses $292,621

Other Expenses $12,631

TOTAL EXPENSES $330,033

Year-over-Year Comparison

	2024	2023	Change
Revenue	$393,422	$146,440	+1.7%
Expenses	$330,033	$501,909	-0.3%
Net Income	$63,389	$-355,469	-1.2%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARBARA SHACKELTON	PRESIDENT	2.00	Officer Director	$0	$0	$0
SUSAN TOSCANO	PAST PRESIDENT	1.00	Officer Director	$0	$0	$0
SHANNON KANE	SECRETARY	1.00	Officer Director	$0	$0	$0
CHERYL SAUTTER-KONYN	TREASURER/CFO	2.00	Officer Director	$0	$0	$0
JULIE HARTWIGSEN	MEMBER	1.00	Officer Director	$0	$0	$0
BRIAN FEDERICI	MEMBER	1.00	Director	$0	$0	$0
JANETTE JOHNSON	MEMBER	1.00	Director	$0	$0	$0
ERIC LA NEIR	MEMBER	1.00	Director	$0	$0	$0
SONNET MCCLURE	MEMBER	1.00	Director	$0	$0	$0
BARBARA PURVIS	MEMBER	1.00	Director	$0	$0	$0
GEORGIA RENNE	MEMBER	1.00	Director	$0	$0	$0
JOHN WAHLIN	MEMBER	1.00	Director	$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
2024	$393,422	$330,033	$1,141,513	$63,389
2023	$146,440	$501,909	$1,065,503	$-355,469
2022	$380,015	$70,065	$1,141,010	$309,950
2021	$672,283	$145,267	$983,312	$527,016
2020	$195,907	$251,683	$503,647	$-55,776
2019	$158,707	$158,227	$418,157	$480
2018	$115,284	$136,319	$340,258	$-21,035