Friends of the Carlsbad Library

Nonprofit profile at a glance

EIN
956085114
IRS 990-EZ coverage
2019–2025
Forms available
Form 990 2018, Form 990-EZ 2025
Location
Carlsbad, CA, USA
Phone
7605222475
Rating
83
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$151,977
Expenses
$116,537
Assets
$457,609
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • SUZANNE HASSIG (PRESIDENT)
  • MARA FIELDING (VICE PRESIDENT)

People named in this filing

  • SUZANNE HASSIG (PRESIDENT)
  • MARA FIELDING (VICE PRESIDENT)
  • CATHERINE MCMAHON (TREASURER)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Providing support for literacy, educational, technological, community and culturalprograms benefitting children, teens and adults at carlsbad city library.

What it reported doing in 2025

Support for literacy educational, technological, community and cultural programs benefitting children, teens and adults at carlsbad city library.

Operating model

Revenue model
Donor-supported. 89% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 89% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 87
  • Transparency & Controls: 82
  • Sustainability: 79
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 78.9%; rating input score 79
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 23.3%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 3.93; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 2.1% per year; rating input score 100; 35th percentile among comparable filings
  • Revenue growth: -1.4% per year; rating input score 0; 14th percentile among comparable filings
  • Asset growth: 4% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: 78.9% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $117K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 — Growth: Revenue growth scored 0/100.