The South San Francisco Friends of the Library (EIN 743116201) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2004

Legal Domicile

Principal Officer

Gail Davison

Phone

6508293872

Tax Period

2023-01-01 to 2023-12-31

The South San Francisco Friends of the Library, founded in 2004, is a micro nonprofit in the Education sector that reported $29K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $58K exceeded revenue, resulting in a 99% operating deficit.

Mission

The South San Francisco Public Library is actively committed to providing the best possible combination of library materials and services to meet the informational, educational and recreational needs of our multicultural community, in a professional manner, with a human touch.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $9,418

Program Service Revenue $2,563

Investment Income $16,945

Other Revenue $0

TOTAL REVENUE $28,926

Expense Breakdown

Grants Paid $49,431

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $49,534

Other Expenses $8,228

TOTAL EXPENSES $57,659

Year-over-Year Comparison

	2023	2022	Change
Revenue	$28,926	$26,528	+0.1%
Expenses	$57,659	$16,359	+2.5%
Net Income	$-28,733	$10,169	-3.8%

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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
Armando Altamirano	President	2.00	Director	$0	$0	$0
Julie Baldocchi	Secretary	0.00	Director	$0	$0	$0
Gail Davison	Treasurer	3.00	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	No data	No data	No data	No data
2023	$28,926	$57,659	$632,233	$-28,733
2022	$26,528	$16,359	$614,931	$10,169
2021	$1,792,240	$1,001,610	$683,820	$790,630

The South San Francisco Friends of the Library