Santa Clara, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
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...
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
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
Sign In| 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 |
| 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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