Royal City Friends of the Library

EIN: 844353499 501(c)(3) Education

Royal City, WA

Total Revenue
$297,432
Total Expenses
$332,454
Total Assets
$208,542
Net Assets
$208,542
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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
2019
Legal Domicile
WA
Phone
5097608134
Tax Period
2024-02-01 to 2025-01-31

Royal City Friends of the Library, founded in 2019, is a small nonprofit in the Education sector that reported $297K in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $332K exceeded revenue, resulting in a 12% operating deficit.

Mission

Build a new Public Library in Royal City WA

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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 (2024)

Revenue Breakdown

Contributions & Grants $297,418
Program Service Revenue $0
Investment Income $14
Other Revenue $0
TOTAL REVENUE $297,432

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,739
Program Expenses $328,902
Other Expenses $332,454
TOTAL EXPENSES $332,454

Year-over-Year Comparison

2024 2023 Change
Revenue $297,432 $220,099 +0.4%
Expenses $332,454 $3,812 +86.2%
Net Income $-35,022 $216,287 -1.2%
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
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Susan Piercy President 15.00
Director
$0 $0 $0
Alba Trail Vice President 15.00
Director
$0 $0 $0
Linda Murphy Treasurer 15.00
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 $297,432 $332,454 $208,542 $-35,022
2024 $220,099 $3,812 $243,564 $216,287
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