PLACENTIA LIBRARY FRIENDS FOUNDATION

EIN: 953604659 501(c)(3) Education

PLACENTIA, CA

Total Revenue
$111,986
Total Expenses
$305,107
Total Assets
$192,859
Net Assets
$192,859
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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
1971
Legal Domicile
CA
Phone
7149935979
Tax Period
2019-07-01 to 2020-06-30

PLACENTIA LIBRARY FRIENDS FOUNDATION, founded in 1971, is a small nonprofit in the Education sector that reported $112K in total revenue in fiscal year 2019. Expenses of $305K exceeded revenue, resulting in a 172% operating deficit.

Mission

SUPPORT PLACENTIA 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 (2019)

Revenue Breakdown

Contributions & Grants $24,904
Program Service Revenue $24,754
Investment Income $34,450
Other Revenue $27,878
TOTAL REVENUE $111,986

Expense Breakdown

Grants Paid $264,260
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $272,564
Other Expenses $40,847
TOTAL EXPENSES $305,107

Year-over-Year Comparison

2019 2018 Change
Revenue $111,986 N/A N/A
Expenses $305,107 N/A N/A
Net Income $-193,121 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

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Governance

Voting Members
12
Independent Members
N/A
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
6
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARY STRAZDAS BOARD MEMBER 1.00
Director
$0 $0 $0
DIANE MARTINEZ BOARD MEMBER 1.00
Director
$0 $0 $0
MARITA SALAZAR-LIM BOARD MEMBER 1.00
Director
$0 $0 $0
BRENDA BENNER BOARD MEMBER 1.00
Director
$0 $0 $0
NAYDIA CHANTARASOMPOTH BOARD MEMBER 1.00
Director
$0 $0 $0
JULES SUH BOARD MEMBER 1.00
Director
$0 $0 $0
MARIAN KALMAN VICE PRESIDENT 7.00
Officer
$0 $0 $0
SHERRI DAHL PRESIDENT 15.00
Officer
$0 $0 $0
ASHLEY NICK MEMBERSHIP CH 1.00
Officer
$0 $0 $0
ANAR PARIKH REC SEC 1.00
Officer
$0 $0 $0
DENNIS DAHL TREASURER 6.00
Officer
$0 $0 $0
GINNY SANATAR FINANCIAL SEC 1.00
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
2020 $111,986 $305,107 $192,859 $-193,121
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