FRIENDS OF THE AK SMILEY LIBRARY

EIN: 953523536 501(c)(3) Education

REDLANDS, CA

Total Revenue
$180,404
Total Expenses
$97,928
Total Assets
$695,704
Net Assets
$695,704
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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
1980
Legal Domicile
CA
Principal Officer
JANE WELDON
Phone
9097987565
Tax Period
2024-07-01 to 2025-06-30

FRIENDS OF THE AK SMILEY LIBRARY, founded in 1980, is a small nonprofit in the Education sector that reported $180K in total revenue in fiscal year 2024. The organization ran a surplus of $82K, a strong 46% operating margin.

Mission

TO PROVIDE FINANCIAL SUPPORT TO THE AK SMILEY PUBLIC LIBRARY BY ENCOURAGING AND RECEIVING GIFTS, ENDOWMENTS, AND REQUESTS TO THE LIBRARY. TO ASSIST THE LIBRARY TRUSTEES AND STAFF IN OUTREACH PROGRAMS TO THE GENERAL PUBLIC AND EXPAND SPECIAL COLLECTIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $25,176
Program Service Revenue $103,037
Investment Income $52,191
Other Revenue $0
TOTAL REVENUE $180,404

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $77,666
Other Expenses $97,928
TOTAL EXPENSES $97,928

Year-over-Year Comparison

2024 2023 Change
Revenue $180,404 $173,569 +0.0%
Expenses $97,928 $101,899 0.0%
Net Income $82,476 $71,670 +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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Governance

Voting Members
18
Independent Members
18
Employees
N/A
Volunteers
59

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
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHRYN BROWN DIRECTOR 4.00
Director
$0 $0 $0
GEORGE DELANGE DIRECTOR 4.00
Director
$0 $0 $0
MARIE DELANGE DIRECTOR 4.00
Director
$0 $0 $0
KATHERINE GIFFORD DIRECTOR 4.00
Director
$0 $0 $0
LES KONG DIRECTOR 4.00
Director
$0 $0 $0
TORREY NYBORG DIRECTOR 4.00
Director
$0 $0 $0
JIM RICE DIRECTOR 4.00
Director
$0 $0 $0
KATHY ROSENFELD DIRECTOR 4.00
Director
$0 $0 $0
ROBIN URQUHART MOLAUG DIRECTOR 4.00
Director
$0 $0 $0
KAREN WATKINS DIRECTOR 4.00
Director
$0 $0 $0
MARLAINE BOLGER DIRECTOR 4.00
Director
$0 $0 $0
LAURIE SMITH DIRECTOR 4.00
Director
$0 $0 $0
JANE WELDON DIRECTOR 4.00
Director
$0 $0 $0
TRACY WISE DIRECTOR 4.00
Director
$0 $0 $0
KAY DOBBERTIN ADJUNCT BOARD MEMBER 4.00
Director
$0 $0 $0
KIM GREEN SECRETARY 4.00
Officer
$0 $0 $0
CHRISTOPHER M HANS TREASURER 4.00
Officer
$0 $0 $0
REBECCA MCCURDY PRESIDENT 4.00
Officer
$0 $0 $0
BOB TOISTER VICE PRESIDENT 4.00
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 $180,404 $97,928 $695,704 $82,476
2024 $173,569 $101,899 $613,228 $71,670
2023 $160,228 $94,549 $541,258 $65,679
2020 $116,324 $104,574 $382,325 $11,750
2019 $142,345 $130,481 $370,576 $11,864
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