Friends of Los Gatos Public Library
Nonprofit profile at a glance
- EIN
- 770342665
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Los Gatos, CA, USA
- Phone
- 4086055305
- Rating
- 43
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $82,223
- Expenses
- $74,417
- Assets
- $129,499
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- CELIA BAKKE (President)
- ALICIA BARELLA (Vice President)
People named in this filing
- CELIA BAKKE (President)
- ALICIA BARELLA (Vice President)
- LOUISE ROON (Secretary)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Friends of Los Gatos Library is a volunteer organization dedicated to providing funding for library programs and enhancements. We raise money through grants, memberships, donations, bookstore sales and fund raisers. We strive to bring the community together by providing free forums and special programs of general interest. We encourage participation in making Los Gatos Library a place of enrichment for all.
What it reported doing in 2024
Childrens and teen library programs
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 12
- Transparency & Controls: 82
- Sustainability: 53
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 12%; rating input score 12
- Program expense ratio: 13.3%; rating input score 13
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.5%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 1.74; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -16.6% per year; rating input score 0; 20th percentile among comparable filings
- Revenue growth: 2.1% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: -4.7% per year; rating input score 0; 25th percentile among comparable filings
Details
- Where the money goes: 12% of revenue deployed · 13.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $10K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 8 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 12/100.
- High — Financial Efficiency: Program expense ratio scored 13/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.