FRIENDS OF THE LIBRARY PARADISE (EIN 942373464) - Form 990 Financial Analysis & Trantor Score

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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

Principal Officer

AMY SPERSKE

Phone

5302280771

Tax Period

2024-01-01 to 2024-12-31

FRIENDS OF THE LIBRARY PARADISE is a micro nonprofit in the Unknown sector that reported $30K in total revenue in fiscal year 2024. The organization ran a surplus of $11K, a strong 36% operating margin.

Mission

THE ORGANIZATION FOSTERS CLOSER RELATIONS BETWEEN THE PARADISE BRANCH OF THE BUTTE COUNTY LIBRARY SYSTEM AND THE PEOPLE OF PARADISE; THE ORGANIZATION COOPERATES WITH THE PARADISE LIBRARY STAFF IN ACCOMPLISHING MUTUAL OBEJECTIVES WITHOUT INFRINGING ON THE LEGAL DUTIES OF THE LIBRARY STAFF; THE ORGANIZATION FOCUSES PUBLIC ATTENTION OF THE SERVICES, PROGRAMS, FACILITIES AND NEEDS OF THE LIBRARY; AND THE ORGANIIZATION ENCOURAGES GIFTS, BEQUESTS, ENDOWMENTS, ETC TO THE LIBRARY WHICH ARE IN KEEPING WITH THE PURPOSES AND FACILITES OF THE 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $22,355

Program Service Revenue $7,336

Investment Income $0

Other Revenue $112

TOTAL REVENUE $29,803

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,210

Other Expenses $19,210

TOTAL EXPENSES $19,210

Year-over-Year Comparison

	2024	2023	Change
Revenue	$29,803	N/A	N/A
Expenses	$19,210	N/A	N/A
Net Income	$10,593	N/A	N/A

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DEL HANSEN	DIRECTOR	N/A	Director	$0	$0	$0
CAROLE NEUMAN	DIRECTOR	N/A	Director	$0	$0	$0
JUDY WINDER	DIRECTOR	N/A	Director	$0	$0	$0
JOAN HANSEN	VICE PRESIDE	N/A	Officer	$0	$0	$0
MARIE LE ROSSIGNOL	SECRETARY	N/A	Officer	$0	$0	$0
RON SERRANO	PRESIDENT	N/A	Officer	$0	$0	$0
AMY SPERSKE	TREASURER	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
2024	$29,803	$19,210	$542,818	$10,593

FRIENDS OF THE LIBRARY PARADISE