HUMBOLDT LIBRARY FOUNDATION

EIN: 911879359 501(c)(3) Education

EUREKA, CA

Total Revenue
$292,551
Total Expenses
$185,933
Total Assets
$1,308,630
Net Assets
$1,308,630
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Principal Officer
ALISON TALBOTT
Phone
7072691991
Tax Period
2024-01-01 to 2024-12-31

HUMBOLDT LIBRARY FOUNDATION, founded in 1997, is a small nonprofit in the Education sector that reported $293K in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $107K, a strong 36% operating margin.

Mission

A STRONG PUBLIC LIBRARY SYSTEM IS THE FOUNDATION UPON WHICH A COMMUNITY BUILDS FOR THE FUTURE. THE HUMBOLDT LIBRARY FOUNDATION RALLIES SUPPORT ACROSS OUR DIVERSE COUNTY TO ENHANCE PROGRAMS AND LEARNING OPPORTUNITIES IN THE HUMBOLDT COUNTY LIBRARY SYSTEM. THE FOUNDATIONS VISION IS TO OPEN THE WORLD OF POSSIBILITIES THAT CAN BE FOUND AT THE LOCAL LIBRARY, SO THAT EVERY PERSON BUILDS A RELATIONSHIP WITH LEARNING AND LIBRARIES THAT LASTS A LIFETIME. OUR MISSION IS TO RAISE FUNDS AND MAKE GRANTS TO THE LIBRARY THAT ARE USED TO: IMPROVE THE QUALITY OF LIBRARY SERVICES COUNTYWIDE; EXPAND THE USE OF TECHNOLOGY; SPONSOR CULTURAL AND EDUCATIONAL OFFERINGS. THE HUMBOLDT LIBRARY FOUNDATION HAS ALSO ESTABLISHED THE HLF ENDOWMENT FUND TO REALIZE THIS VISION AND MAKE SURE THAT ENHANCED ACCESS TO PUBLIC LIBRARY MATERIALS AND SERVICES ARE PROVIDED FOR IN THE FUTURE. SEE HOW YOU CAN BECOME A MEMBER OF THE HLF LEGACY CIRCLE AND PROVIDE LIBRARY FUNDING IN PERPETUITY.

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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 $150,666
Program Service Revenue $0
Investment Income $49,350
Other Revenue $92,535
TOTAL REVENUE $292,551

Expense Breakdown

Grants Paid $131,681
Salaries & Benefits $25,115
Fundraising Expenses $0
Program Expenses $185,933
Other Expenses $29,137
TOTAL EXPENSES $185,933

Year-over-Year Comparison

2024 2023 Change
Revenue $292,551 $197,309 +0.5%
Expenses $185,933 $153,487 +0.2%
Net Income $106,618 $43,822 +1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
1
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
13
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALISON TALBOTT PRESIDENT 6.00
Officer Director
$0 $0 $0
JOANN BAUER BOARD MEMBER N/A
Officer
$0 $0 $0
JANE CALLAHAN SECRETARY 6.00
Officer
$0 $0 $0
CIARA EMERY BOARD MEMBER N/A
Officer
$0 $0 $0
SOLOMON EVERTA BOARD MEMBER N/A
Officer
$0 $0 $0
MAGGIE FLEMING BOARD MEMBER N/A
Officer
$0 $0 $0
JACK IRVINE BOARD MEMBER N/A
Officer
$0 $0 $0
PETER LAVALLEE VICE PRESIDE 5.00
Officer
$0 $0 $0
THOMAS D MAYS BOARD MEMBER N/A
Officer
$0 $0 $0
ELIZABETH MURGUIA BOARD MEMBER N/A
Officer
$0 $0 $0
SUSAN O'CONNOR TREASURER 5.00
Officer
$0 $0 $0
SOFIA PEREIRA BOARD MEMBER N/A
Officer
$0 $0 $0
ERIKA WRIGHT BOARD MEMBER N/A
Officer
$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 $292,551 $185,933 $1,308,630 $106,618
2023 $197,309 $153,487 $1,121,687 $43,822
2022 $203,993 $208,339 $975,801 $-4,346
2021 $301,639 $151,240 $1,139,943 $150,399
2020 $185,546 $188,769 $927,943 $-3,223
2019 $249,714 $142,015 $831,303 $107,699
2018 $156,997 $108,326 $629,149 $48,671
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