DES MOINES PUBLIC LIBRARY FOUNDATI… - Form 990 Financial Data

🔒

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

1999

Legal Domicile

Principal Officer

DAVE REMUND

Phone

5154120180

Tax Period

2024-01-01 to 2024-12-31

DES MOINES PUBLIC LIBRARY FOUNDATION, founded in 1999, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.4M in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $714K, a strong 51% operating margin.

Mission

RAISE FUNDS AND ADVOCATE PROVIDE FOR THE DES MOINES PUBLIC LIBRARY SYSTEM.

Program Service Accomplishments

Program 1

Expenses: $346,582

THE FOUNDATION RAISES FUNDS TO PROVIDE FOR LIBRARY COLLECTIONS, GROWTH OF TECHNOLOGY AND PROGRAMS SUCH AS AVID - AUTHORS VISITING IN DES MOINES - AUTHOR SERIES, THE SUMMER READING PROGRAM FOR...

THE FOUNDATION RAISES FUNDS TO PROVIDE FOR LIBRARY COLLECTIONS, GROWTH OF TECHNOLOGY AND PROGRAMS SUCH AS AVID - AUTHORS VISITING IN DES MOINES - AUTHOR SERIES, THE SUMMER READING PROGRAM FOR CHILDREN, AND TEEN PROGRAMMING.

Program 2

Expenses: $48,689

THE FOUNDATION'S MISSION IS TO HOLD EVENTS TO RAISE AWARENESS ABOUT THE SERVICES THE LIBRARY OFFERS.

🔒

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 $1,145,088

Program Service Revenue $0

Investment Income $268,197

Other Revenue $-22,057

TOTAL REVENUE $1,391,228

Expense Breakdown

Grants Paid $346,582

Salaries & Benefits $158,422

Fundraising Expenses $126,300

Program Expenses $395,271

Other Expenses $172,293

TOTAL EXPENSES $677,297

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,391,228	$833,891	+0.7%
Expenses	$677,297	$639,786	+0.1%
Net Income	$713,931	$194,105	+2.7%

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

$95,472

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIANNE SANCHEZ	PRESIDENT	2.00	Officer Director	$0	$0	$0
CHRISTOPHER NEBONS	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CHRIS NELSON	TREASURER	2.00	Officer Director	$0	$0	$0
SARA ENNIS HENDERSON	SECRETARY	2.00	Officer Director	$0	$0	$0
PAUL MELDE	PAST PRESIDENT	1.00	Director	$0	$0	$0
BELINDA ALEXANDER	DIRECTOR	1.00	Director	$0	$0	$0
TIM HICKMAN	DIRECTOR	1.00	Director	$0	$0	$0
ANDREA ELLIOTT	DIRECTOR	1.00	Director	$0	$0	$0
OMA BLAISE FORD	DIRECTOR	1.00	Director	$0	$0	$0
ABENA SANKOFA IMHOTEP	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE KRUEGER	DIRECTOR	1.00	Director	$0	$0	$0
TAR MACIAS	DIRECTOR	1.00	Director	$0	$0	$0
CORY MCANELLY	DIRECTOR	1.00	Director	$0	$0	$0
SAMUEL REED	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE RICCELLI	DIRECTOR	1.00	Director	$0	$0	$0
QUINLAN RISER	DIRECTOR	1.00	Director	$0	$0	$0
SUE WOODY	DIRECTOR	1.00	Director	$0	$0	$0
KELLY K SHROCK	EXECUTIVE DIRECTOR THRU SEPTEMBER	40.00	Officer	$90,926	$4,546	$95,472

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	$1,391,228	$677,297	$5,651,822	$713,931
2023	$833,891	$639,786	$4,773,339	$194,105
2022	$1,012,043	$560,053	$4,203,575	$451,990
2021	$910,183	$588,148	$4,315,717	$322,035
2020	$555,324	$389,028	$3,896,512	$166,296
2019	$604,310	$486,344	$3,525,950	$117,966
2018	$526,734	$454,912	$2,949,476	$71,822

DES MOINES PUBLIC LIBRARY FOUNDATION