Friends of the Carmel Valley Library
Nonprofit profile at a glance
- EIN
- 942605389
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2024
- Location
- Carmel Valley, CA, USA
- Phone
- 2063101687
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $53,110
- Expenses
- $12,191
- Assets
- $379,616
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- Lisa Allison (President)
- Michael Cobb (Vice President and Treasurer)
People named in this filing
- Lisa Allison (President)
- Michael Cobb (Vice President and Treasurer)
- Peg Stearn (Director)
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
The Mission of the Friends of Carmel Valley Library is to support and enhance our librarys vital role in the community. The Friends funds programs that it runs including the First Saturday Speaker Series along with ad hoc custom programs. The Friends also funds library programs such as Makerspace Fairs summer programs reading events etc books and subscriptions and library enhancements such as furniture cabinetry murals etc.
What it reported doing in 2025
Library programs including First Saturday Speaker Series Makerspace Fairs summer programs reading events etc.
Operating model
- Revenue model
- Donor-supported. 75% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 72% for direct work, and 28% for grants.
The verdict
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 20
- Transparency & Controls: 100
- Sustainability: 80
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 13.7%; rating input score 14
- Program expense ratio: 29.9%; rating input score 30
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 77%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 31.14; rating input score 97; 97th 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: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 13.7% of revenue deployed · 29.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $4K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- 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 — Financial Efficiency: Mission deployment rate scored 14/100.
- Moderate — Financial Efficiency: Program expense ratio scored 30/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.