Friends of the Atascadero Library

Nonprofit profile at a glance

EIN
770027062
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Atascadero, CA, USA
Phone
7074790555
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$77,971
Expenses
$43,330
Assets
$1,364,377
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • JIM PATTERSON (CO-PRESIDENT)
  • STRAITH SMITH-ZANARTU (Vice President)
  • SHARON TURNER (Co-President)
  • LEIGH LIVICK (Co-President)

People named in this filing

  • KATHY LONG (Director)
  • CHRISTINA L LATNER (Director)
  • BUSHRA ANJUM (DIR AT LARGE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Friends of the Atascadero Library is to support, promote and expand the library's resources and programs.OUR GOALS: To secure and maintain an adequate facility for our library. To stimulate an increased awareness and appreciation of the resources and services of the library. To promote literacy with reading programs for all ages, and to keep quality books on the shelves. To sponsor book discussion groups for adults. To promote the growth and the development of the library's resources through monetary contributions and/or gifts of books, books on tape or CD, music CDs, magazines and other library materials. To sponsor and stimulate volunteer services for the library. To coordinate efforts of all groups and individuals interested in the library. To be directly involved in the expansion project for the library so that it will meet the requirements of the community. To sponsor cultural and related programs for both children and adults. To cooperate with the "Friends of th

What it reported doing in 2025

Support of public library services and promotion and assistance in the expansion of library facilities by fostering awareness of the importance of libraries in supporting education and fostering the democratic value of an informed electorate.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 65
  • Transparency & Controls: 72
  • Accountability: 70
  • Sustainability: 80
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.5%; rating input score 66
  • Program expense ratio: 86.3%; rating input score 86
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 80%; rating input score 80; 2nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 44.4%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 31.49; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: -2.3% per year; rating input score 0; 41st percentile among comparable filings
  • Revenue growth: -10.2% per year; rating input score 0; 30th percentile among comparable filings
  • Asset growth: 3.9% per year; rating input score 100; 58th percentile among comparable filings

Details

  • Where the money goes: 66.5% of revenue deployed · 86.3% of spending went to programs
  • Governance: 14 of 12 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $37K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 15 of 17 current checks pass · 2 findings to review
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • 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 — Accountability: Governance controls: 4 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Independent members within voting members did not reconcile in the filed values.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Officer compensation ratio scored 58/100.