FRIENDS OF THE BEVERLY HILLS PUBLIC LIBRARY

EIN: 956093182 501(c)(3)

BEVERLY HILLS, CA

Total Revenue
$169,838
Total Expenses
$72,128
Total Assets
$1,253,380
Net Assets
$1,253,380
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1961
Legal Domicile
CA
Principal Officer
MALLORY LEE
Phone
3102882201
Tax Period
2023-07-01 to 2024-06-30

FRIENDS OF THE BEVERLY HILLS PUBLIC LIBRARY, founded in 1961, is a small nonprofit that reported $170K in total revenue in fiscal year 2023. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $98K, a strong 58% operating margin.

Mission

THE FRIENDS OF THE BEVERLY HILLS PUBLIC LIBRARY WAS FOUNDED TO HELP MAINTAIN AND PRESERVE THE LIBRARY'S TRADITION OF SERVICE TO THE COMMUNITY OF BEVERLY HILLS AND ITS SURROUNDING AREA. THE FRIENDS IS DEDICATED TO RAISING FUNDS TO SUPPLEMENT, TO ENHANCE, AND TO ENRICH THE LIBRARY'S CHILDREN, TEEN AND ADULT PROGRAMS, COLLECTIONS AND FACILITIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $62,615
Program Service Revenue $0
Investment Income $12,033
Other Revenue $95,190
TOTAL REVENUE $169,838

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,375
Program Expenses $45,492
Other Expenses $72,128
TOTAL EXPENSES $72,128

Year-over-Year Comparison

2023 2022 Change
Revenue $169,838 $107,344 +0.6%
Expenses $72,128 $71,567 +0.0%
Net Income $97,710 $35,777 +1.7%
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

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Governance

Voting Members
30
Independent Members
30
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
8
$0
Total Directors
30
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MALLORY LEE President 10.00
Officer Director
$0 $0 $0
LISA ENGELMAN Vice President 10.00
Officer Director
$0 $0 $0
MICHELLE REDSTONE Vice President 10.00
Officer Director
$0 $0 $0
SHELLY LUCKY Vice President 10.00
Officer Director
$0 $0 $0
MELISSA STEIN CO-TREASURER 10.00
Officer Director
$0 $0 $0
LORI GOLDMAN CO-TREASURER 10.00
Officer Director
$0 $0 $0
CINDY TROST Secretary 10.00
Officer Director
$0 $0 $0
HELENE HARRIS Secretary 10.00
Officer Director
$0 $0 $0
FRAN BEHRSTOCK Director 5.00
Director
$0 $0 $0
TRISHA BODAGHI Director 5.00
Director
$0 $0 $0
JODI GALEN Director 5.00
Director
$0 $0 $0
ROBERTA HAFT Director 5.00
Director
$0 $0 $0
JEANNE HERMAN Director 5.00
Director
$0 $0 $0
LINDA JANKOWSKI Director 5.00
Director
$0 $0 $0
MARILYN LANDAU Director 5.00
Director
$0 $0 $0
MARGARET LEVY Director 5.00
Director
$0 $0 $0
VIRGINIA MAAS Director 5.00
Director
$0 $0 $0
GAIL MILLAN Director 5.00
Director
$0 $0 $0
KATHI ROTHNER Director 5.00
Director
$0 $0 $0
STEPHANIE RUND Director 5.00
Director
$0 $0 $0
JUDY SAMSON Director 5.00
Director
$0 $0 $0
CYNTHIA SHAFTO Director 5.00
Director
$0 $0 $0
SANDRA WALDER Director 5.00
Director
$0 $0 $0
MONIQUE MAAS GIBBONS PAST PRESIDENT 5.00
Director
$0 $0 $0
ANN GOLENTERNEK PAST PRESIDENT 5.00
Director
$0 $0 $0
CHARLOTTE HILL-SKURA PAST PRESIDENT 5.00
Director
$0 $0 $0
KRISTEN JAMESON PAST PRESIDENT 5.00
Director
$0 $0 $0
JEAN ROSENBLATT PAST PRESIDENT 10.00
Director
$0 $0 $0
BARBARA LINDER PAST PRESIDENT 5.00
Director
$0 $0 $0
TRACEY WILEN-DAUGENTI Director 5.00
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 No data No data No data No data
2024 $169,838 $72,128 $1,253,380 $97,710
2023 $107,344 $71,567 $1,111,785 $35,777
2022 $70,742 $73,092 $1,033,365 $-2,350
2021 $283,915 $28,140 $1,064,969 $255,775
2020 $93,868 $76,948 $814,343 $16,920
2019 $130,478 $85,332 $785,683 $45,146
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