PENDLETON FRIENDS OF THE LIBRARY

EIN: 930786938 501(c)(3)

PENDLETON, OR

Total Revenue
$56,846
Total Expenses
$67,740
Total Assets
$1,686,736
Net Assets
$1,686,736
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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
1981
Legal Domicile
OR
Principal Officer
GREG HOLDEN
Phone
5419696294
Tax Period
2023-01-01 to 2023-12-31

PENDLETON FRIENDS OF THE LIBRARY, founded in 1981, is a micro nonprofit that reported $57K in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $68K exceeded revenue, resulting in a 19% operating deficit.

Mission

RAISE FUNDS TO SUPPORT THE PENDLETON PUBLIC LIBRARY

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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 $1,669
Program Service Revenue $1,383
Investment Income $38,043
Other Revenue $15,751
TOTAL REVENUE $56,846

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $64,796
Other Expenses $67,740
TOTAL EXPENSES $67,740

Year-over-Year Comparison

2023 2022 Change
Revenue $56,846 $47,332 +0.2%
Expenses $67,740 $89,866 -0.2%
Net Income $-10,894 $-42,534 -0.7%
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
11
Independent Members
11
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SEAN DEGAN PRESIDENT N/A
Officer
$0 $0 $0
CHARLES DENIGHT TREASURER N/A
Officer
$0 $0 $0
GREG HOLDEN VICE PRESIDE N/A
Officer
$0 $0 $0
MARJORIE PROWANT SECRETARY 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 No data No data No data No data
2023 $56,846 $67,740 $1,686,736 $-10,894
2022 $47,332 $89,866 $1,572,506 $-42,534
2021 $722,052 $87,361 $1,732,000 $634,691
2020 $71,304 $68,916 $936,402 $2,388
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