Civic Intelligence

Newport Beach Public Library Foundation

EIN 33-0593010 • 501(c)3 • Newport Beach, CA

Profile

The newport beach public library foundation funds valuable library resources,programs and services, and engages the community through the creation and sponsorship of diverse literary, cultural and intellectual programs.

1000 Avocado AveNewport Beach, CA 92660

www.nbplf.foundation

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

79th percentile

0.50x

Higher debt load relative to assets than 79% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

86th percentile

1.18x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

67th percentile

14%

Higher net margin than 67% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

90th percentile

45%

Faster asset growth than 90% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2025

Revenue Growth

88th percentile

59%

Faster revenue growth than 88% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2025

Assets

Up

$9,344,808

Up $3,395,750 (+57%) from 2024

Liabilities

Up

$4,650,565

Up $2,542,837 (+121%) from 2024

Net Assets

Up

$4,694,243

Up $852,913 (+22%) from 2024

Revenue

Down

$3,938,393

Down $3,173,282 (-45%) from 2024

Expenses

Down

$3,384,575

Down $6,485,170 (-66%) from 2024

Net Income

Up

$553,818

Up $3,311,888 (+120%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$10M$5.0M$0Assets 2010: $2,155,201Liabilities 2010: $6,874Net Assets 2010: $2,148,3272010Assets 2011: $2,586,924Liabilities 2011: $79,183Net Assets 2011: $2,507,7412011Assets 2012: $2,977,674Liabilities 2012: $146,941Net Assets 2012: $2,830,7332012Assets 2013: $3,089,071Liabilities 2013: $21,744Net Assets 2013: $3,067,3272013Assets 2014: $3,326,740Liabilities 2014: $8,404Net Assets 2014: $3,318,3362014Assets 2015: $3,190,047Liabilities 2015: $3,261Net Assets 2015: $3,186,7862015Assets 2016: $2,800,050Liabilities 2016: $12,568Net Assets 2016: $2,787,4822016Assets 2017: $2,879,983Liabilities 2017: $6,681Net Assets 2017: $2,873,3022017Assets 2018: $2,785,863Liabilities 2018: $16,405Net Assets 2018: $2,769,4582018Assets 2019: $2,626,905Liabilities 2019: $14,751Net Assets 2019: $2,612,1542019Assets 2020: $2,816,120Liabilities 2020: $91,433Net Assets 2020: $2,724,6872020Assets 2021: $3,586,359Liabilities 2021: $127,479Net Assets 2021: $3,458,8802021Assets 2022: $3,095,548Liabilities 2022: $33,080Net Assets 2022: $3,062,4682022Assets 2023: $6,266,139Liabilities 2023: $19,768Net Assets 2023: $6,246,3712023Assets 2024: $5,949,058Liabilities 2024: $2,107,728Net Assets 2024: $3,841,3302024Assets 2025: $9,344,808Liabilities 2025: $4,650,565Net Assets 2025: $4,694,2432025

Highlighted filing

2025

Assets$9,344,808
Liabilities$4,650,565
Net Assets$4,694,243

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $491,9692010Expenses 2011: $691,2662011Expenses 2012: $771,5512012Expenses 2013: $951,1062013Revenue 2014: $1,008,372Expenses 2014: $810,305Net Income 2014: $198,0672014Revenue 2015: $888,244Expenses 2015: $946,758Net Income 2015: -$58,5142015Revenue 2016: $716,147Expenses 2016: $928,799Net Income 2016: -$212,6522016Revenue 2017: $805,749Expenses 2017: $948,180Net Income 2017: -$142,4312017Revenue 2018: $899,937Expenses 2018: $949,552Net Income 2018: -$49,6152018Revenue 2019: $625,015Expenses 2019: $782,319Net Income 2019: -$157,3042019Revenue 2020: $833,620Expenses 2020: $721,087Net Income 2020: $112,5332020Revenue 2021: $721,757Expenses 2021: $529,402Net Income 2021: $192,3552021Revenue 2022: $977,443Expenses 2022: $639,927Net Income 2022: $337,5162022Revenue 2023: $3,624,509Expenses 2023: $674,558Net Income 2023: $2,949,9512023Revenue 2024: $7,111,675Expenses 2024: $9,869,745Net Income 2024: -$2,758,0702024Revenue 2025: $3,938,393Expenses 2025: $3,384,575Net Income 2025: $553,8182025

Highlighted filing

2025

Revenue$3,938,393
Expenses$3,384,575
Net Income$553,818

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.34$4.65$4.69$3.94$3.38$0.55
2024Detailed filing. Detailed filing data is available for this year.$5.95$2.11$3.84$7.11$9.87$2.76
2023Detailed filing. Detailed filing data is available for this year.$6.27$0.02$6.25$3.62$0.67$2.95
2022Detailed filing. Detailed filing data is available for this year.$3.10$0.03$3.06$0.98$0.64$0.34
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.59$0.13$3.46$0.72$0.53$0.19
2020Detailed filing. Detailed filing data is available for this year.$2.82$0.09$2.72$0.83$0.72$0.11
2019Detailed filing. Detailed filing data is available for this year.$2.63$0.01$2.61$0.63$0.78$0.16
2018Detailed filing. Detailed filing data is available for this year.$2.79$0.02$2.77$0.90$0.95$0.05
2017Detailed filing. Detailed filing data is available for this year.$2.88$0.01$2.87$0.81$0.95$0.14
2016Detailed filing. Detailed filing data is available for this year.$2.80$0.01$2.79$0.72$0.93$0.21
2015Detailed filing. Detailed filing data is available for this year.$3.19$0.00$3.19$0.89$0.95$0.06
2014Detailed filing. Detailed filing data is available for this year.$3.33$0.01$3.32$1.01$0.81$0.20
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.09$0.02$3.07$0.95
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.98$0.15$2.83$0.77
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$0.08$2.51$0.69
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.16$0.01$2.15$0.49
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Nov 13, 2025
Return Version
2024v5.2
Gross Receipts
$3,938,393
Mission and Program Overview

Mission

The newport beach public library foundation funds valuable library resources and programs - engaging the community in cultural and intellectual adventure through the sponsorship of diverse public programs and cutting-edge library enhancements.

Foundation funds valuable library resources,programs and services, and engages thecommunity through the creation and sponsorship of diverse literary, cultural and intellectual programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,452,809$4,736,755▲ $3,283,946
Investments Other Securities$3,389,081$3,817,415▲ $428,334
Pledges and Grants Receivable$975,544$643,622▼ $331,922
Prepaid Expenses and Deferred Charges$8,616$70,399▲ $61,783
Cash and Non-Interest-Bearing Accounts$112,246$52,600▼ $59,646
Accounts Receivable$6,890$21,890▲ $15,000
Land, Buildings, and Equipment, Net$3,872$2,127▼ $1,745
Total Assets$5,949,058$9,344,808▲ $3,395,750
Liabilities
Other Liabilities$2,056,043$4,605,866▲ $2,549,823
Accounts Payable and Accrued Expenses$51,685$44,699▼ $6,986
Total Liabilities$2,107,728$4,650,565▲ $2,542,837
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,404,787$3,817,415▲ $412,628
Net Assets Without Donor Restrictions$436,543$876,828▲ $440,285
Total Net Assets Fund Balance$3,841,330$4,694,243▲ $852,913
Total Liabilities and Net Assets / Fund Balance$5,949,058$9,344,808▲ $3,395,750

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,127$10,172$12,299
Other Securities$3,817,415--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$3,404,787$469,000▲ $458,121-$4,331,908
2023$2,971,062$50,000▲ $383,726-$3,404,787
2022$2,676,233$39,980▲ $252,079-$2,968,292
2021$2,187,124-▲ $489,109-$2,676,233
2020$1,524,931-▲ $750,193$88,000$2,187,124
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jerold D KappelCEOFT$124,804$124,804

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$3,566,598
Program Service Revenue
$114,349
Investment Income
$257,446
Other Revenue
$0
All Other Contributions
$3,566,598
Change in Net Assets
$553,818

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,938,393
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$299,095
Total Revenue per Audited Statements
$4,237,488
Total Revenue per Form 990
$3,938,393
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,696,505
Other Expenses$383,239
Salaries, Compensation, and Employee Benefits$304,831
Total Fundraising Expense$158,815
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,696,505--$2,696,505
Other Salaries and Wages$49,537$52,818$51,531$153,886
Current Officers, Directors, Trustees, and Key Employees$41,081$43,802$42,734$127,617
Fees for Services Other$12,531$34,803$16,501$63,835
Travel$50,337$196$8,978$59,511
Fees for Services Accounting$5,374$17,163$7,076$29,613
Office Expenses$21,503$2,544$1,205$25,252
Payroll Taxes$8,265$6,898$8,165$23,328
Information Technology$2,885$6,985$8,961$18,831
Insurance-$16,072-$16,072
Other Expenses$3,247$2,846$2,423$8,516
All Other Expenses$2,245$2,704$2,077$7,026
Fees for Services Legal-$5,219-$5,219
Depreciation Depletion$1,745--$1,745
Total Functional Expenses$3,016,934$208,826$158,815$3,384,575

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,384,575
Total Expenses per Audited Statements$3,384,575
Total Expenses per Form 990$3,384,575
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
City of Newport BeachNewport Beach, CA-Fundraising for the Library and Lecture Hall Project, That Includes Donations Through June 30, 2025$0
Newport Beach Public LibraryNewport Beach, CA-Annual Donation to Newport Beach Public Library for Various Requested Projects.$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to City of Newport Beach$4,605,866
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the return is provided to the organization for review by the board before filing.

Form 990, Part VI, Section B, Line 12C

Walter stahr is the compliance officer. Board members are required to sign annually.

Form 990, Part VI, Section B, Line 15A

The board determines the ceo's salary and bonus and it refers to the oc nonprofit salary survey.

Form 990, Part VI, Section C, Line 19

The governing documentation are available upon request.

Filing and Contact Details

Filer

Filer Name
Newport Beach Public Library Foundation
EIN
33-0593010
Phone
9497173890
Address
1000 AVOCADO AVE, NEWPORT BEACH, CA 92660

Signing Officer

Name
Jerold D Kappel
Title
CEO
Phone
9497173890
Signed
2025-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerold D Kappel
Formed
1989
Legal Domicile
CA
Voting Board Members
18
Independent Board Members
18
Employees
5
Volunteers
48

Preparer

Firm
Davis Farr Llp
Address
18201 VON KARMAN AVE SUITE 1100, IRVINE, CA 92612
Preparer
Tritia Foster
Phone
9494742020
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

The library foundation assumed responsibility for the reserve funds of the former pals4pal support organization for the newport beach public library's project adult literacy program. Pals4pal ceased operations. The library foundation accepted the funds to be managed and distributed to the library under its existing investment and distribution policy governing its endowment.

Form 990 Part X11 Line 2C

The organization has a finance committee that serves as an audit committee who is in charge of overseeing the audit of the financial statements.

Financial Statement Notes

Part V, Line 4 - Intended Uses of Endowment Fund

The foundation's endowment funds the library's critical needs requested annually by the library director and approved by the foundation's board. The endowment has funded patron technology and equipment, furnishings, the media lab, sound/recording booth, wayfinding technology, chairs for the friends room and children's section, patron computers, the ebranch (downloadable audio books, online databases, streaming video, etc.), and other special library requests.

Raw XML AppendixShowing 400 of 591 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0FOUNDATION FUNDS VALUABLE LIBRARY RESOURCES,PROGRAMS AND SERVICES, AND ENGAGES THECOMMUNITY THROUGH THE CREATION AND SPONSORSHIP OF DIVERSE LITERARY, CULTURAL AND INTELLECTUAL PROGRAMS.
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IRS990/Desc0THE FOUNDATION PRESENTED 47 PROGRAMS IN THE 2024-2025 SEASON FOR THE NEWPORT BEACH PUBLIC LIBRARY WITH 35 BEING FREE TO THE PUBLIC. PROGRAMMING INCLUDES THE 28TH SEASON OF THE DISTINGUISHED SPEAKER SERIES, WITTE LECTURES, AND THE 11TH SEASON OF THE LIBRARY LIVE AUTHOR SERIES. THESE TWO SERIES WERE SOLD OUT. FREE COMMUNITY PROGRAMS INCLUDE THE FINANCIAL LITERACY WORKSHOPS, MEDICINE IN OUR BACKYARD, SPOTLIGHT ON SCIENCE, AND THE BOOK DISCUSSION GROUP. ALL FOUR COMMUNITY PROGRAMS HAD SIGNIFICANTLY INCREASED ATTENDANCE. ADDITIONALLY, THE FOUNDATION IS IN AN AGREEMENT WITH THE CITY OF NEWPORT BEACH TO GARNER COMMUNITY SUPPORT TO FUND 50% OF A NEW LIBRARY LECTURE HALL AND CIVIC AUDITORIUM. THIS CAPITAL CAMPAIGN IS IN ADDITION TO ITS ANNUAL FUNDRAISING TO SUPPORT PROGRAMMING AND THE LIBRARY'S ANNUAL GRANT REQUEST FOR CAPITAL IMPROVEMENTS AND ADDITIONAL PATRON SERVICES. THE FOUNDATION ALSO THE LIBRARY FOUNDATION ASSUMED RESPONSIBILITY FOR THE RESERVE FUNDS OF THE FORMER PALS4PAL SUPPORT GROUP OF THE NEWPORT BEACH PUBLIC LIBRARY'S PROJECT ADULT LITERACY PROGRAM. PALS4PAL CEASED OPERATIONS. THE LIBRARY FOUNDATION ACCEPTED THE FUNDS TO BE MANAGED AND DISTRIBUTED TO THE LIBRARY UNDER ITS EXISTING INVESTMENT AND DISTRIBUTION POLICY GOVERNING ITS ENDOWMENT.
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