WEST DES MOINES LIBRARY FRIENDS

🔒

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

1991

Legal Domicile

Tax Period

2023-07-01 to 2024-06-30

WEST DES MOINES LIBRARY FRIENDS, founded in 1991, is a small nonprofit in the Education sector that reported $109K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $68K, a strong 62% operating margin.

Mission

PROVIDE FINANCIAL SUPPORT TO THE WEST DES MOINES LIBRARY

Program Service Accomplishments

Program 1

Expenses: $30,582

GRANT TO THE WEST DES MOINES LIBRARY WILL ALLOW FUNDING FOR THE ONGOING YOUTH AND ADULT PROGRAMS CARRIED ON AT THE WEST DES MOINES PUBLIC LIBRARY

Program 2

Expenses: $1,432

GENERAL WEST DES MOINES LIBRARY SUPPORT FOR ALL ACTIVITIES

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $55,665

Program Service Revenue $0

Investment Income $47,103

Other Revenue $5,916

TOTAL REVENUE $108,684

Expense Breakdown

Grants Paid $30,582

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $32,014

Other Expenses $10,592

TOTAL EXPENSES $41,174

Year-over-Year Comparison

	2023	2022	Change
Revenue	$108,684	$88,810	+0.2%
Expenses	$41,174	$124,376	-0.7%
Net Income	$67,510	$-35,566	-2.9%

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

N/A

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
KRISTIN M SUNDE	DIRECTOR	1.00	Director	$0	$0	$0
LYNDA OAKLEY	DIRECTOR	1.00	Director	$0	$0	$0
MARY FRATIANNI	DIRECTOR	1.00	Director	$0	$0	$0
ELLIE WAKEFIELD	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW CLAUSEN	DIRECTOR	1.00	Director	$0	$0	$0
BRIDGET JOHNSON	DIRECTOR	1.00	Director	$0	$0	$0
LAURA MCCALL	DIRECTOR	1.00	Director	$0	$0	$0
JIM RASMUSSEN	DIRECTOR	1.00	Director	$0	$0	$0
ABBY ROGERS	DIRECTOR	1.00	Director	$0	$0	$0
BRANDON DENNER	DIRECTOR	1.00	Director	$0	$0	$0
LAURA HASSEBROCK	DIRECTOR	1.00	Director	$0	$0	$0
ANGIE ARTHUR	DIRECTOR	1.00	Director	$0	$0	$0
DAN WAKEFIELD	DIRECTOR	1.00	Director	$0	$0	$0
BRYAN MYERS	DIRECTOR	1.00	Director	$0	$0	$0
DEB GUNTLY	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER MARTIN	DIRECTOR	1.00	Director	$0	$0	$0
ROXANNE NIKKEL	DIRECTOR	1.00	Director	$0	$0	$0
CHINMAY BAJIKAR	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER HOCHBERGER	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA SOLOMON	PRESIDENT	1.00	Officer Director	$0	$0	$0
SCOTT GRIESE	TREASURER	1.00	Officer Director	$0	$0	$0
KATHRYN GREENFIELD	SECRETARY	1.00	Officer Director	$0	$0	$0
ED ONEILL	VICE PRESIDENT	1.00	Officer 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
2025	No data	No data	No data	No data
2024	$108,684	$41,174	$1,028,230	$67,510
2023	$88,810	$124,376	$912,485	$-35,566
2022	$96,639	$29,592	$906,792	$67,047
2021	$122,415	$440,012	$977,617	$-317,597
2020	$83,573	$81,586	$1,153,970	$1,987
2019	$69,661	$30,171	$1,158,516	$39,490
2018	$65,926	$28,720	$1,103,669	$37,206