Torrance Public Library Foundation
Nonprofit profile at a glance
- EIN
- 954503976
- IRS 990-EZ coverage
- 2025–2025
- Forms available
- Form 990 2023, Form 990-EZ 2025, Form 990-N 2024
- Location
- Torrance, CA, USA
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Libraries
Reported finances
- Revenue
- $9,325
- Expenses
- $6,067
- Assets
- $274,155
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Amie Wills (CEO)
People named in this filing
- Amie Wills (CEO)
- Sunni Won (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
To raise funds to enhance and develop present and future generations by creating and maintaining a premier library system.
What it reported doing in 2025
The Foundation supported the Torrance Public Librarys reading and educational programs through grant funding from the Gotham restricted fund. In 2025 the Foundation distributed 2,745.59 for library books and educational materials to support library programming for the Torrance community. Grants: 2,745.59 Expenses: 2,745.59 Revenue: 0
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as 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: 43
- Transparency & Controls: 72
- Sustainability: 74
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 42%; rating input score 42
- Program expense ratio: 45.3%; rating input score 45
Transparency & Controls
- Consistency checks: 87.5%; rating input score 88; 2nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 34.9%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 45.19; rating input score 98; 98th 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: -92.9% per year; rating input score 0; 3rd percentile among comparable filings
- Asset growth: 4.1% per year; rating input score 100; 53rd percentile among comparable filings
Details
- Where the money goes: 42% of revenue deployed · 45.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $3K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 42/100.
- Moderate — Financial Efficiency: Program expense ratio scored 45/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.