Pacific Grove Public Library Friends and Foundation (EIN 770055748) - 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

1985

Legal Domicile

Phone

8313725006

Tax Period

2023-01-01 to 2023-12-31

Pacific Grove Public Library Friends and Foundation, founded in 1985, is a small nonprofit that reported $259K in total revenue in fiscal year 2023. Revenue fell 80% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $150K, a strong 58% operating margin.

Mission

Support of the Pacific Grove Public Library: The mission of the Friends of the Pacific Grove Public Library is to encourage and maintain a broad-based support for the Library. Through its financial support, the Friends works with the Library to develop resources, library services, and facilities for the community. The Friends actively recruits library patrons and solicits funding for the Library through donations, and fund raisers.

🔒

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 $366,970

Program Service Revenue $0

Investment Income $-107,875

Other Revenue $0

TOTAL REVENUE $259,095

Expense Breakdown

Grants Paid $73,042

Salaries & Benefits $0

Fundraising Expenses $1,855

Program Expenses $73,042

Other Expenses $35,915

TOTAL EXPENSES $108,957

Year-over-Year Comparison

	2023	2022	Change
Revenue	$259,095	$1,265,578	-0.8%
Expenses	$108,957	$144,314	-0.2%
Net Income	$150,138	$1,121,264	-0.9%

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

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
Kim Bui	Pres/Secretary	10.00	Officer Director	$0	$0	$0
Judy Wills	Treasurer	10.00	Officer Director	$0	$0	$0
Abby Pfeiffer	Director	4.00	Director	$0	$0	$0
Stephanie Herrick	Director	2.00	Director	$0	$0	$0
Don Freeman	Director	2.00	Director	$0	$0	$0
Heidi McNally-Dial	Director	2.00	Director	$0	$0	$0
Noreen Nance	Vice President	2.00	Officer Director	$0	$0	$0
Abby Pfieffer	Director	2.00	Director	$0	$0	$0
Aliah Ibarra	Director	2.00	Director	$0	$0	$0
Nancy Spade	Director	2.00	Director	$0	$0	$0
Melissa Pickford	Director	2.00	Director	$0	$0	$0
Celia Barberena	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$259,095	$108,957	$1,503,811	$150,138
2022	$1,265,578	$144,314	$1,354,241	$1,121,264
2021	$234,173	$87,630	$232,304	$146,543
2019	$340,559	$201,696	$363,498	$138,863
2018	$354,557	$391,566	$224,635	$-37,009

Pacific Grove Public Library Friends and Foundation