FUNDS FOR THE BIBLIOTECA PUBLICA INC

EIN: 680399326 501(c)(3) Education

Laredo, TX

Total Revenue
$272,621
Total Expenses
$336,683
Total Assets
$103,066
Net Assets
$103,066
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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
1997
Legal Domicile
TX
Principal Officer
Federico Vidargas
Phone
3618774248
Tax Period
2025-01-01 to 2025-12-31

FUNDS FOR THE BIBLIOTECA PUBLICA INC, founded in 1997, is a small nonprofit in the Education sector that reported $273K in total revenue in fiscal year 2025. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $337K exceeded revenue, resulting in a 23% operating deficit.

Mission

To provide funds for the publica library of San Miguel de Allende, aka Biblioteca Publica de San Miguel de Allende

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $272,621
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $272,621

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $322,766
Other Expenses $336,683
TOTAL EXPENSES $336,683

Year-over-Year Comparison

2025 2024 Change
Revenue $272,621 $198,313 +0.4%
Expenses $336,683 $253,688 +0.3%
Net Income $-64,062 $-55,375 +0.2%
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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Federico Vidargas President & CEO 6.00
Officer Director
$0 $0 $0
Robert Remak Treasurer 6.00
Officer Director
$0 $0 $0
Joann Canales Secretary 6.00
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 $272,621 $336,683 $103,066 $-64,062
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