MODESTO, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)FRIENDS OF THE MODESTO LIBRARY, founded in 1985, is a small nonprofit that reported $789K in total revenue in fiscal year 2023. Revenue surged 2262% from the prior year, signaling strong growth momentum. The organization ran a surplus of $728K, a strong 92% operating margin.
FOML promotes goodwill and support for the Modesto Library, stimulates awareness of the library and its needs, encourages gifts of time and money to the library, and seeks sources of cultural and educational programs for the library.
Financial support was provided to the programs of the Modesto Library to encourage reading and promote literacy. Around 1700 hours of volunteer time added to our support of library programs. Funding...
Financial support was provided to the programs of the Modesto Library to encourage reading and promote literacy. Around 1700 hours of volunteer time added to our support of library programs. Funding and volunteer hours supported Maker Space supplies and equipment to provide STEAM activities. Books were given to children through programs including the Dia de Los Ninos event, the Juvenile Justice Center Book Club, the Imagination Library and the Summer Reading program. Volunteers of the Dewey Crew and Yarning with Friends provided regular volunteer service to support the work of library staff.
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 | $788,515 | $33,379 | +22.6% |
| Expenses | $60,191 | $23,835 | +1.5% |
| Net Income | $728,324 | $9,544 | +75.3% |
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 |
|---|---|---|---|---|---|---|
| DENISE NORDELL | President | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| BEVERLY SCHLEGEL | Vice President | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANNE BRITTON | Secretary | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| JULIE SAUGSTAD | Treasurer | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| CHRISTINE BRERETON | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| CANDE BRODY | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| ELLEN DAMBROSIO | MEMBERSHIP DIR | 10.00 |
Director
|
$0 | $0 | $0 |
| MARILYN MEDER DREW | VOLUNTEERS CONT | 2.00 |
Director
|
$0 | $0 | $0 |
| MAREE HAWKINS | PUBLIC RELATONS | 2.00 |
Director
|
$0 | $0 | $0 |
| MARIA HERNANDEZ | FUNDRAISER CMTE | 2.00 |
Director
|
$0 | $0 | $0 |
| JUDY SLY HERRERO | NEWSLETTER | 2.00 |
Director
|
$0 | $0 | $0 |
| PAM PALLIOS | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| CATHIE PECK | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| JUDY PIERCE | NEWSLETTER | 2.00 |
Director
|
$0 | $0 | $0 |
| ISA WIECHMANN | BOARD MEMBER | 2.00 |
Director
|
$0 | $0 | $0 |
| PAT GLATTKE | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $788,515 | $60,191 | $792,202 | $728,324 |
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