Santa Clara City Library Foundation and Friends

EIN: 912125234 501(c)(3) Education

Santa Clara, CA

Total Revenue
$246,620
Total Expenses
$341,806
Total Assets
$487,539
Net Assets
$473,646
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
CA
Principal Officer
JoAnn Davis
Phone
4086152936
Tax Period
2023-07-01 to 2024-06-30

Santa Clara City Library Foundation and Friends, founded in 2001, is a small nonprofit in the Education sector that reported $247K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $342K exceeded revenue, resulting in a 39% operating deficit.

Mission

Santa Clara City Library Foundation and Friends is a nonprofit organization formed to enrich the local community by providing the Santa Clara City Library with funding and advocacy to enhance its facilities, programs, and services.

Program Service Accomplishments

Program 1
Expenses: $230,919 Revenue: $66,174

Montague Park: In 2023, Santa Clara City Library staff saw a pressing need to reach out to an underserved community living in Northern Santa Clara, specifically on Lafayette and Haig streets. This...

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Montague Park: In 2023, Santa Clara City Library staff saw a pressing need to reach out to an underserved community living in Northern Santa Clara, specifically on Lafayette and Haig streets. This marginalized pocket of our city lacks access to grocery stores, parking, and recreational facilities. The average income in this area is much lower than the poverty level for Santa Clara County. The Library intended to connect this population with community partners and provide access to free and life-altering resources at events hosted at Montague Park, which is only a ten-minute walk from the targeted population.With funding from the California State Librarys LSTA Inspiration grant, we hosted five community events that provided opportunities for academic, cultural, nutritional and STEAM education. These events were co-designed directly by the community through community meetings, surveys, and conversations. This project, which ran from October of 2023 through July of 2024, introduced residents to a new communal space and created new bridges to the Library, Parks and Recreation, and our community partners.Summer Adventure: Our Summer reading program for all ages was a big success. We served over 9,000 kids, teens and adults June August. About 3,100 individuals registered to participate in the program which encourages reading and outdoor activities. Another 6,000 community members attended family-friendly concerts, presentations and other performances.Lunch at the Library: This program brought the Bookmobile and 12 programs and performances to seven school locations. Over 1,600 students attended programs including: puppet shows, magic shows, story times and science shows.

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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 (2023)

Revenue Breakdown

Contributions & Grants $159,293
Program Service Revenue $66,174
Investment Income $9,816
Other Revenue $11,337
TOTAL REVENUE $246,620

Expense Breakdown

Grants Paid $0
Salaries & Benefits $152,291
Fundraising Expenses $63,678
Program Expenses $230,919
Other Expenses $189,515
TOTAL EXPENSES $341,806

Year-over-Year Comparison

2023 2022 Change
Revenue $246,620 $201,308 +0.2%
Expenses $341,806 $307,465 +0.1%
Net Income $-95,186 $-106,157 -0.1%
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

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Governance

Voting Members
9
Independent Members
9
Employees
5
Volunteers
120

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
5
$95,968
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JoAnn Davis Executive Dir. 35.00
Officer
$95,968 $0 $95,968
Steve Ricossa President 8.00
Officer Director
$0 $0 $0
Kathy Betts Vice President 4.00
Officer Director
$0 $0 $0
Ken Young Treasurer 8.00
Officer Director
$0 $0 $0
Nancy Toledo Secretary 4.00
Officer Director
$0 $0 $0
Andrew Knaack Board member 4.00
Director
$0 $0 $0
Kathy Hausler Board member 8.00
Director
$0 $0 $0
Janet Arsenault Board member 4.00
Director
$0 $0 $0
Kate Lin Board Member 4.00
Director
$0 $0 $0
Patty Quan Board member 4.00
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 $246,620 $341,806 $487,539 $-95,186
2023 $201,308 $307,465 $533,755 $-106,157
2022 $324,366 $255,725 $610,763 $68,641
2021 $198,081 $239,964 $647,008 $-41,883
2020 $321,701 $380,552 $634,757 $-58,851
2019 $429,119 $568,894 $680,476 $-139,775
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