GLENDORA PUBLIC LIBRARY FRIENDS FO… - Form 990 Financial Data

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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

1993

Legal Domicile

Principal Officer

ANN MARGARET LARA

Phone

6265461870

Tax Period

2024-07-01 to 2025-06-30

GLENDORA PUBLIC LIBRARY FRIENDS FOUNDATION, founded in 1993, is a small nonprofit in the Education sector that reported $394K in total revenue in fiscal year 2024. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $349K left a modest 11% surplus.

Mission

THE ORGANIZATION PARTNERS WITH THE CITY OF GLENDORA TO PROVIDE FINANCIAL AND VOLUNTEER SUPPORT TO ENHANCE THE SERVICES OF THE GLENDORA PUBLIC LIBRARY.

Program Service Accomplishments

Program 1

Expenses: $143,331 Revenue: $0

FUNDING FOR LIBRARY PROGRAMS AND SERVICES WHICH INSPIRE KIDS, TEENS, AND ADULTS TO READ THROUGHOUT THE YEAR. SPECIAL PROGRAMS, FREE BOOKS, CULTURAL EVENTS, AUTHOR VISITS/GUEST SPEAKERS, HANDS-ON...

FUNDING FOR LIBRARY PROGRAMS AND SERVICES WHICH INSPIRE KIDS, TEENS, AND ADULTS TO READ THROUGHOUT THE YEAR. SPECIAL PROGRAMS, FREE BOOKS, CULTURAL EVENTS, AUTHOR VISITS/GUEST SPEAKERS, HANDS-ON WORKSHOPS, WEBINARS THAT ENCOURAGE READING, LIFELONG LEARNING, AND COMMUNITY.

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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 $409,055

Program Service Revenue $0

Investment Income $77,376

Other Revenue $-92,487

TOTAL REVENUE $393,944

Expense Breakdown

Grants Paid $0

Salaries & Benefits $161,697

Fundraising Expenses $0

Program Expenses $143,331

Other Expenses $186,963

TOTAL EXPENSES $348,660

Year-over-Year Comparison

	2024	2023	Change
Revenue	$393,944	$307,446	+0.3%
Expenses	$348,660	$489,123	-0.3%
Net Income	$45,284	$-181,677	-1.2%

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

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

$80,192

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY KATHY BOYER	TREASURER/PAST PRESIDENT	4.00	Officer Director	$0	$0	$0
PAMELA RICHARDS	PRESIDENT	4.00	Officer Director	$0	$0	$0
DLORAH GONZALES	VP FUND DEVELOPMENT	4.00	Officer Director	$0	$0	$0
PATRICIA GOMER	SECRETARY	4.00	Officer Director	$0	$0	$0
TOMOKO TOLAND	LIBRARY BOARD OF TRUSTEES REP	1.00	Director	$0	$0	$0
JOE CINA	DIRECTOR	1.00	Director	$0	$0	$0
KARRIE BOYER	DIRECTOR	1.00	Director	$0	$0	$0
TERRENCE KENT	DIRECTOR	1.00	Director	$0	$0	$0
JADE KNIGHT	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN KURIMOTO	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN SLAKEY	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINE SMITH	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG HENDERSON	DIRECTOR	1.00	Director	$0	$0	$0
MARSHA MASON	DIRECTOR	1.00	Director	$0	$0	$0
ROBIN MERKLEY	DIRECTOR	1.00	Director	$0	$0	$0
TANYA SIMS	DIRECTOR	1.00	Director	$0	$0	$0
MARILYN SPARKS	DIRECTOR	1.00	Director	$0	$0	$0
BIRGITTA STOCKING	DIRECTOR	1.00	Director	$0	$0	$0
LINDSEY WILSON	DIRECTOR	1.00	Director	$0	$0	$0
ANN MARGARET LARA	EXECUTIVE DIRECTOR	55.00	Officer	$79,542	$650	$80,192

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	$393,944	$348,660	$1,496,199	$45,284
2024	No data	No data	No data	No data
2023	No data	No data	No data	No data
2022	$357,632	$250,525	$1,673,765	$107,107
2021	$281,407	$238,376	$1,860,675	$43,031
2020	$260,902	$311,477	$1,593,906	$-50,575
2019	$272,661	$154,249	$1,690,315	$118,412
2018	$276,793	$238,659	$1,536,974	$38,134

GLENDORA PUBLIC LIBRARY FRIENDS FOUNDATION