Friends of the Beverly Hills Public Library

Nonprofit profile at a glance

EIN
956093182
IRS 990 coverage
2016–2024
Forms available
Form 990 2024
Location
Beverly Hills, CA, USA
Phone
3102882201
Rating
83
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$176,793
Expenses
$94,202
Assets
$1,384,177
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

30 people listed

Executive titles in this filing

  • MALLORY LEE (President)
  • LISA ENGELMAN (Vice President)
  • MICHELLE REDSTONE (Vice President)
  • LINDA JANKOWSKI (Vice President)
  • MONIQUE MAAS GIBBONS (PAST PRESIDENT)
  • LORI GOLDMAN (PAST PRESIDENT)

People named in this filing

  • MALLORY LEE (President)
  • LISA ENGELMAN (Vice President)
  • MICHELLE REDSTONE (Vice President)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

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.

What it reported doing in 2024

Homebound deliveries - the friends support the homebound delivery program by providing funds for the delivery of books to patrons who are ill or aged, and cannot visit the library in person.

Operating model

Revenue model
Donor-supported. 64% of the money available for current operations came from contributions and gifts.
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

STRONG - 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: 83
  • Transparency & Controls: 92
  • Accountability: 76
  • Sustainability: 87
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.3%; rating input score 88
  • Program expense ratio: 75%; rating input score 75
  • Fundraising efficiency: $61.94 raised per $1 spent on fundraising; rating input score 80; 80th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 7 controls in place; rating input score 43
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • 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: 46.7%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 14.69; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -11.7% per year; rating input score 0; 9th percentile among comparable filings
  • Revenue growth: 3.3% per year; rating input score 100; 43rd percentile among comparable filings
  • Asset growth: 8.5% per year; rating input score 100; 61st percentile among comparable filings

Details

  • Where the money goes: 88.3% of revenue deployed · 75% of spending went to programs
  • Governance: 30 of 30 board members independent · 3 of 7 filing controls reported
  • Programs: 5 filed program accomplishments · $71K in reported program spending
  • Leadership: top reported pay $0 · 30 people listed
  • Consistency: 18 of 18 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 9 filing years from 2016 to 2024
  • 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.

  • Moderate — Accountability: Governance controls: 3 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.