Friends of the Tustin Library Inc

Nonprofit profile at a glance

EIN
330073693
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Tustin, CA, USA
Phone
7147311669
Rating confidence
Limited

Reported finances

Revenue
$29,211
Expenses
$7,840
Assets
$172,026

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

Leadership & pay

4 people listed

Executive titles in this filing

  • JOHN O'CONNOR (President)
  • KAREN LONG (Vice President)

People named in this filing

  • JOHN O'CONNOR (President)
  • KAREN LONG (Vice President)
  • JANET BUSH (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To raise money in support of the city of tustin public library system

What it reported doing in 2024

As always, the Friends of the Tustin Library were proud and excited to have the privilege to help fund many educational and family fun activities for the Tustin Library. This year one of our more popular family events for the Tustin Library was the performance of Magician David Skale as part of the Magic Summer Reading Program. Additionally, per our funding, the Tustin Library also featured a Summer Reading Program Contest for prizes to help encourage reading in the off Summer months for Children as well as a Summer Reading Program for teens. However, we didn't just fund Reading Programs for children and teens. Our funding included reading activities for adults and fun community activities for adults such as Adult Loteria and Brush n Bites as ell as a Spanish Book Club to help expand the diversity of literacy-in our area's ever growing bilingual community.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 80
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

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

Sustainability

  • Operating margin: 73.2%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 21.94; rating input score 96; 96th 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: 13.2% per year; rating input score 100; 85th percentile among comparable filings
  • Asset growth: 13.2% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 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.

  • Review — Sustainability: Officer compensation ratio scored 56/100.