Pasadena, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF THE PASADENA PUBLIC LIBRARY, founded in 1975, is a small nonprofit in the Education sector that reported $657K in total revenue in fiscal year 2023. Revenue surged 1001% from the prior year, signaling strong growth momentum. Expenses of $597K left a modest 9% surplus.
Our mission is to support the Pasadena Public Library's programs, special services and cultural events at its ten branch libraries.
The Friends of the Pasadena Public Library received a generous bequest of $582,056 for the benefit of the San Rafael Branch Library. Of the bequest amount, $550,000 was turned over to an Agency...
The Friends of the Pasadena Public Library received a generous bequest of $582,056 for the benefit of the San Rafael Branch Library. Of the bequest amount, $550,000 was turned over to an Agency Investment Fund with the Pasadena Community Foundation, a 501(c)(3). The Friends of the Pasadena Public Library retain a beneficial interest in the Agency Investment Fund while the Pasadena Community Foundation has legal control of the Agency Investment Fund.
Wireless Hotspots for all branch libraries allow children access to learning via the internet.
Summer Reading Programs for children, teens and adults promote library visitations. Programs for children and teens build upon skills learned in school. We had 1335 participants this past fiscal year.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $656,960 | $59,657 | +10.0% |
| Expenses | $597,201 | $103,659 | +4.8% |
| Net Income | $59,759 | $-44,002 | -2.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Janice Segall | President | 4 |
Officer
Director
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$0 | $0 | $0 |
| Theresa Doran | 1st Vice President | 2 |
Officer
Director
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$0 | $0 | $0 |
| Tim Still | 2nd Vice President | 3 |
Officer
Director
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$0 | $0 | $0 |
| Kathy Wimmer | Treasurer | 3 |
Officer
Director
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$0 | $0 | $0 |
| Marilee Tobin | Recording Secretary | 2 |
Officer
Director
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$0 | $0 | $0 |
| Sharon Calkin | Corresponding Secretary | 2 |
Officer
Director
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$0 | $0 | $0 |
| Betty Balcomb | Board Member | 1 |
Director
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$0 | $0 | $0 |
| Marna Cornell | Board Member | 1 |
Director
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$0 | $0 | $0 |
| Mike Cowan | Board Member | 1 |
Director
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$0 | $0 | $0 |
| Lorraine Montgomery | Board Member | 1 |
Director
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$0 | $0 | $0 |
| Paula O'Dowd | Board Member | 1 |
Director
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$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $656,960 | $597,201 | $233,600 | $59,759 |
Compare FRIENDS OF THE PASADENA PUBLIC LIBRARY with other nonprofits in California and across the country.