FRIENDS OF THE SOUTH COASTAL LIBRARY INC

EIN: 510310912 501(c)(3)

BETHANY BEACH, DE

Total Revenue
$131,980
Total Expenses
$130,954
Total Assets
$583,107
Net Assets
$583,107
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
DE
Principal Officer
EDIE DONDERO
Phone
3028535884
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF THE SOUTH COASTAL LIBRARY INC, founded in 1988, is a small nonprofit that reported $132K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Net assets of $583K represent 53 months of operating reserves.

Mission

TO RAISE FUNDS FOR THE SOUTH COASTAL LIBRARY SO IT CAN CONTINUE ITS OFFERINGS AND EXPAND ITS PROGRAMMING.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $150,309
Program Service Revenue $1,147
Investment Income $21,712
Other Revenue $-41,188
TOTAL REVENUE $131,980

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $428
Program Expenses $110,283
Other Expenses $130,954
TOTAL EXPENSES $130,954

Year-over-Year Comparison

2024 2023 Change
Revenue $131,980 $142,039 -0.1%
Expenses $130,954 $111,096 +0.2%
Net Income $1,026 $30,943 -1.0%
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

Sign In

Governance

Voting Members
16
Independent Members
N/A
Employees
N/A
Volunteers
463

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
5
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DIANNA BOEHM DIRECTOR 2.00
Director
$0 $0 $0
BARBARA CALKINS IMMEDIATE PA 1.00
Director
$0 $0 $0
DIANE CATLIN DIRECTOR 0.50
Director
$0 $0 $0
EDIE DONDERO PRESIDENT 8.00
Officer Director
$0 $0 $0
STEVE EMBREY DIRECTOR 2.00
Director
$0 $0 $0
KATHY GREEN VICE PRESIDE 20.00
Officer Director
$0 $0 $0
KATHLEEN JANKOWSKI SYSTEMS MANA 12.00
Officer Director
$0 $0 $0
SUSAN KENDRAT DIRECTOR 2.00
Director
$0 $0 $0
JACQUELINE LESSING TREASURER 10.00
Officer Director
$0 $0 $0
RACHEL MALEH DIRECTOR 1.50
Director
$0 $0 $0
PHYLLIS REGOTTI DIRECTOR 5.50
Director
$0 $0 $0
ELIZABETH SALONICK DIRECTOR 2.00
Director
$0 $0 $0
LISA SAXTON DIRECTOR 1.00
Director
$0 $0 $0
LISA SNYDER DIRECTOR 2.00
Director
$0 $0 $0
LENA VERBARES SECRETARY 2.00
Officer Director
$0 $0 $0
LACEY WELLER DIRECTOR 1.50
Director
$0 $0 $0
ERIC VAN WINKLE DIRECTOR 2.00
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 $131,980 $130,954 $583,107 $1,026
2023 $142,039 $111,096 $582,081 $30,943
2022 $86,147 $105,791 $551,138 $-19,644
2021 $75,605 $89,078 $570,782 $-13,473
2020 $21,350 $86,561 $584,255 $-65,211
2019 $140,645 $186,686 $649,916 $-46,041
2018 $164,933 $141,546 $695,637 $23,387
Explore More Nonprofits
Top 100 Nonprofits in Delaware Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FRIENDS OF THE SOUTH COASTAL LIBRARY INC with other nonprofits in Delaware and across the country.