MENLO PARK FRIENDS OF THE LIBRARY

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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

1962

Legal Domicile

Phone

6503302521

Tax Period

2024-07-01 to 2025-06-30

MENLO PARK FRIENDS OF THE LIBRARY, founded in 1962, is a small nonprofit in the Education sector that reported $192K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $82K, a strong 43% operating margin.

Mission

TO RAISE FUNDS TO SUPPORT THE MENLO PARK LIBRARY THROUGH THE SALE OF DONATED USED BOOKS AND OTHER MEDIA

Program Service Accomplishments

Program 1

Expenses: $103,628

WE PROVIDE FINANCIAL SUPPORT TO THE MENLO PARK MAIN LIBRARY AND BELLE HAVEN BRANCH BY FUNDING PROGRAMS THAT ENRICH THE LIBRARY'S COLLECTION AND PROMOTE LITERACY. FOR EXAMPLE, WE HELP FUND BOOK AND...

WE PROVIDE FINANCIAL SUPPORT TO THE MENLO PARK MAIN LIBRARY AND BELLE HAVEN BRANCH BY FUNDING PROGRAMS THAT ENRICH THE LIBRARY'S COLLECTION AND PROMOTE LITERACY. FOR EXAMPLE, WE HELP FUND BOOK AND ELECTRONIC DATABASE PURCHASES, SUMMER READING ACTIVITIES, SCIENCE NIGHTS AND OTHER STORYTELLING AND COMMUNITY PROGRAMS.

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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 $9,368

Program Service Revenue $0

Investment Income $23,707

Other Revenue $158,553

TOTAL REVENUE $191,628

Expense Breakdown

Grants Paid $103,628

Salaries & Benefits $0

Fundraising Expenses $550

Program Expenses $103,628

Other Expenses $6,152

TOTAL EXPENSES $109,780

Year-over-Year Comparison

	2024	2023	Change
Revenue	$191,628	$164,848	+0.2%
Expenses	$109,780	$59,996	+0.8%
Net Income	$81,848	$104,852	-0.2%

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

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
CARRIE BILDSTEIN	Director	10.00	Director	$0	$0	$0
STEVE HAAS	President	9.00	Officer Director	$0	$0	$0
ANNE TERHAR	Director	7.00	Director	$0	$0	$0
LISA JONES	Director	10.00	Director	$0	$0	$0
HERBERT BURKHARD	Director	3.00	Director	$0	$0	$0
SHERYL PEREIRA	Director	3.00	Director	$0	$0	$0
ANN WHITE	Treasurer	15.00	Officer Director	$0	$0	$0
SALLY SMITH	Director	8.00	Director	$0	$0	$0
ELYCE HASKELL	Vice President	20.00	Officer Director	$0	$0	$0
JANET BRIGGS	Director	3.00	Director	$0	$0	$0
ANNA ZARA	Director	3.00	Director	$0	$0	$0
KATIE STIVER	Secretary	8.00	Officer Director	$0	$0	$0
KEVYN ANDREWS	Director	12.00	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	$191,628	$109,780	$697,858	$81,848
2024	$164,848	$59,996	$616,010	$104,852
2023	$151,209	$384,575	$511,158	$-233,366
2022	$127,938	$29,826	$744,524	$98,112
2021	$12,300	$189,162	$646,412	$-176,862
2020	$131,964	$55,364	$823,274	$76,600
2019	$175,536	$76,531	$746,674	$99,005