FRIENDS OF LAKE FOREST LIBRARY INC (EIN 510188363) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

TANYA HUANG

Phone

8472340636

Tax Period

2024-10-01 to 2025-09-30

FRIENDS OF LAKE FOREST LIBRARY INC, founded in 1976, is a small nonprofit that reported $222K in total revenue in fiscal year 2024. The organization ran a surplus of $61K, a strong 27% operating margin.

Mission

TO ENHANCE AND SUPPORT THE MISSION, VISION AND SERVICES OF THE LAKE FOREST LIBRARY, AND ENGAGE IN RELATED EDUCATIONAL, CHARITABLE AND CULTURAL ACTIVITIES.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $38,188

Program Service Revenue $155,592

Investment Income $23,737

Other Revenue $4,813

TOTAL REVENUE $222,330

Expense Breakdown

Grants Paid $96,598

Salaries & Benefits $0

Fundraising Expenses $47,050

Program Expenses $96,598

Other Expenses $65,197

TOTAL EXPENSES $161,795

Year-over-Year Comparison

	2024	2023	Change
Revenue	$222,330	$216,798	+0.0%
Expenses	$161,795	$336,350	-0.5%
Net Income	$60,535	$-119,552	-1.5%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

200

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
INGRID BRYZINSKI	DIRECTOR	4.00	Director	$0	$0	$0
PAUL BERGMANN	DIRECTOR	4.00	Director	$0	$0	$0
DENISE ANDRESEN	SECRETARY	4.00	Officer Director	$0	$0	$0
MARGARET FOSTER	DIRECTOR	4.00	Director	$0	$0	$0
TISH BOROKOWSKI	DIRECTOR	4.00	Director	$0	$0	$0
ROWENA FESTIN	DIRECTOR	4.00	Director	$0	$0	$0
JAN GIBSON	DIRECTOR	4.00	Director	$0	$0	$0
REED DAVIS	DIRECTOR	4.00	Director	$0	$0	$0
LAURA FRIEDRICH	DIRECTOR	4.00	Director	$0	$0	$0
SANDE NOBLE	DIRECTOR	4.00	Director	$0	$0	$0
SCOTT OLIVER	DIRECTOR	4.00	Director	$0	$0	$0
CYNTHIA HESSEMER	DIRECTOR	4.00	Director	$0	$0	$0
HEATHER STRONG	DIRECTOR	4.00	Director	$0	$0	$0
ROBIN FORD	TREASURER	4.00	Officer Director	$0	$0	$0
MOLLY GRAZIANO	DIRECTOR	4.00	Director	$0	$0	$0
LIZ MCCLAIN	DIRECTOR	4.00	Director	$0	$0	$0
LIZ MOORE	DIRECTOR	4.00	Director	$0	$0	$0
TANYA HUANG	PRESIDENT	4.00	Officer Director	$0	$0	$0
CYNTHIA TOOHEY	DIRECTOR	4.00	Director	$0	$0	$0
DAN GOON	MEMBERSHIP SECRETARY	4.00	Officer Director	$0	$0	$0
SUE SANBORN	DIRECTOR	4.00	Director	$0	$0	$0
KAREN ZARSE	DIRECTOR	4.00	Director	$0	$0	$0
LEANNA WALTHER	VICE PRESIDENT	4.00	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	$222,330	$161,795	$1,488,722	$60,535
2024	$216,798	$336,350	$1,304,046	$-119,552
2023	$188,228	$97,221	$1,253,110	$91,007
2022	$150,346	$70,111	$1,136,055	$80,235
2021	$235,720	$47,788	$1,056,227	$187,932
2020	$33,657	$89,011	$862,165	$-55,354
2019	$145,396	$123,573	$857,690	$21,823
2018	$156,935	$108,557	$812,742	$48,378

FRIENDS OF LAKE FOREST LIBRARY INC