FRIENDS OF THE SOUTH COASTAL LIBRA… - Form 990 Financial Data

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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

1988

Legal Domicile

Principal Officer

EDIE DONDERO

Phone

3028535884

Tax Period

2025-01-01 to 2025-12-31

FRIENDS OF THE SOUTH COASTAL LIBRARY INC, founded in 1988, is a small nonprofit that reported $166K in total revenue in fiscal year 2025. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $65K, a strong 39% operating margin.

Mission

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

Program Service Accomplishments

Program 1

Expenses: $86,231 Revenue: $1,099

SUPPORT SERVICES OF LIBRARY BY DEFRAYING COSTS OF FURNISHINGS, BOOKS, TAPES AND EQUIPMENT COSTS; PROVIDE RESOURCES TO THE LIBRARY FOR PROGRAMS AT THE LIBRARY; LIBRARY SERVICES COMMUNITIES OF LOWER...

SUPPORT SERVICES OF LIBRARY BY DEFRAYING COSTS OF FURNISHINGS, BOOKS, TAPES AND EQUIPMENT COSTS; PROVIDE RESOURCES TO THE LIBRARY FOR PROGRAMS AT THE LIBRARY; LIBRARY SERVICES COMMUNITIES OF LOWER SUSSEX COUNTY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $181,165

Program Service Revenue $1,099

Investment Income $21,316

Other Revenue $-37,935

TOTAL REVENUE $165,645

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $296

Program Expenses $86,231

Other Expenses $100,983

TOTAL EXPENSES $100,983

Year-over-Year Comparison

	2025	2024	Change
Revenue	$165,645	$131,980	+0.3%
Expenses	$100,983	$130,954	-0.2%
Net Income	$64,662	$1,026	+62.0%

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

N/A

Employees

N/A

Volunteers

510

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
DIANNA BOEHM	DIRECTOR	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	22.00	Officer Director	$0	$0	$0
SUSAN KENDRAT	DIRECTOR	0.75	Director	$0	$0	$0
JACQUELINE LESSING	TREASURER	10.00	Officer Director	$0	$0	$0
RACHEL MALEH	DIRECTOR	2.50	Director	$0	$0	$0
PHYLLIS REGOTTI	DIRECTOR	6.00	Director	$0	$0	$0
ELIZABETH SALONICK	IT MANAGER	3.00	Officer Director	$0	$0	$0
LISA SAXTON	DIRECTOR	0.50	Director	$0	$0	$0
LISA SNYDER	DIRECTOR	0.50	Director	$0	$0	$0
LENA VERBARES	SECRETARY	2.00	Officer Director	$0	$0	$0
LACEY WELLER	DIRECTOR	0.75	Director	$0	$0	$0
ERIC VAN WINKLE	DIRECTOR	1.00	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
2025	$165,645	$100,983	$647,769	$64,662
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

FRIENDS OF THE SOUTH COASTAL LIBRARY INC