Renew the Library Preservation Fun… - Form 990 Financial Data

🔒

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

2022

Legal Domicile

Principal Officer

Bob Daffeh

Phone

4154775220

Tax Period

2022-01-01 to 2022-12-31

Renew the Library Preservation Fund Yes on F sponsored by the Friends of, founded in 2022, is a small nonprofit that reported $403K in total revenue in fiscal year 2022. Expenses of $379K left a modest 6% surplus.

Mission

To ensure continued San Francisco government support of the San Francisco Main Library and its 27 branches at a rate of 2 cents per $100 of real estate tax revenue, to provide library services and construction and maintenance of library facilities, as a source of information, education, meeting facilities and other related services at a minimum of 1,211 open hours per week for the citizens of San Francisco. The measure passed with 82.58% of the vote.

Program Service Accomplishments

Program 1

Expenses: $365,075

The committee ran a campaign supporting 2022 San Francisco Ballot Measure F, a Charter amendment that would renew the Library Preservation Fund for 25 years, until June 2048. The Fund would continue to pay for library services and construction and maintenance of the facilities of the Library. The committee purchased appearances on seventeen (17) slate mailers distributed in the San Francisco area as well as video production/digital advertising. The measure passed with 82.58% of the vote.

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $402,853

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $402,853

Expense Breakdown

Grants Paid $1,500

Salaries & Benefits $21,474

Fundraising Expenses $0

Program Expenses $365,075

Other Expenses $355,800

TOTAL EXPENSES $378,774

Year-over-Year Comparison

	2022	2021	Change
Revenue	$402,853	N/A	N/A
Expenses	$378,774	N/A	N/A
Net Income	$24,079	N/A	N/A

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

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
Marie Ciepiela	Pr. Officer	5.00	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
2022	$402,853	$378,774	$25,024	$24,079

Renew the Library Preservation Fund Yes on F sponsored by the Friends of