Civic Intelligence

Friends of the Glendale Public Libr

EIN 95-4327193 • 501(c)3 • Glendale, CA

Profile

Providing books and money

Refreshing map…

222 E Harvard StreetGlendale, CA 91205

www.glact.org

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

1st percentile

-556%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

11th percentile

-27%

Faster asset growth than 11% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

2nd percentile

-81%

Faster revenue growth than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Down

$990,466

Down $359,305 (-27%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$990,466

Down $359,305 (-27%) from 2023

Revenue

Down

$64,569

Down $269,273 (-81%) from 2023

Expenses

Up

$423,874

Up $232,431 (+121%) from 2023

Net Income

Down

-$359,305

Down $501,704 (-352%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2012: $69,394Liabilities 2012: $0Net Assets 2012: $69,3942012Assets 2013: $82,799Liabilities 2013: $0Net Assets 2013: $82,7992013Assets 2014: $82,896Liabilities 2014: $0Net Assets 2014: $82,8962014Assets 2015: $84,335Liabilities 2015: $0Net Assets 2015: $84,3352015Assets 2016: $86,766Liabilities 2016: $0Net Assets 2016: $86,7662016Assets 2017: $82,192Liabilities 2017: $0Net Assets 2017: $82,1922017Assets 2018: $78,856Liabilities 2018: $0Net Assets 2018: $78,8562018Assets 2019: $79,557Liabilities 2019: $0Net Assets 2019: $79,5572019Assets 2020: $323,994Liabilities 2020: $0Net Assets 2020: $323,9942020Assets 2021: $1,275,944Liabilities 2021: $0Net Assets 2021: $1,275,9442021Assets 2022: $1,207,372Liabilities 2022: $0Net Assets 2022: $1,207,3722022Assets 2023: $1,349,771Liabilities 2023: $0Net Assets 2023: $1,349,7712023Assets 2024: $990,466Liabilities 2024: $0Net Assets 2024: $990,4662024

Highlighted filing

2024

Assets$990,466
Liabilities$0
Net Assets$990,466

Operations Trend

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

$600K$400K$200K$0-$200K-$400KRevenue 2012: $49,768Expenses 2012: $47,178Net Income 2012: $2,5902012Revenue 2013: $53,136Expenses 2013: $39,731Net Income 2013: $13,4052013Revenue 2014: $59,982Expenses 2014: $59,885Net Income 2014: $972014Revenue 2015: $52,531Expenses 2015: $51,092Net Income 2015: $1,4392015Revenue 2016: $63,090Expenses 2016: $60,659Net Income 2016: $2,4312016Revenue 2017: $52,524Expenses 2017: $57,098Net Income 2017: -$4,5742017Revenue 2018: $47,499Expenses 2018: $50,835Net Income 2018: -$3,3362018Revenue 2019: $40,195Expenses 2019: $39,494Net Income 2019: $7012019Revenue 2020: $280,387Expenses 2020: $35,950Net Income 2020: $244,4372020Revenue 2021: $349,513Expenses 2021: $97,005Net Income 2021: $252,5082021Revenue 2022: $159,095Expenses 2022: $247,765Net Income 2022: -$88,6702022Revenue 2023: $333,842Expenses 2023: $191,443Net Income 2023: $142,3992023Revenue 2024: $64,569Expenses 2024: $423,874Net Income 2024: -$359,3052024

Highlighted filing

2024

Revenue$64,569
Expenses$423,874
Net Income-$359,305

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.99$0.00$0.99$0.06$0.42$0.36
2023Summary only. Only limited summary data is available for this year.$1.35$0.00$1.35$0.33$0.19$0.14
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.21$0.00$1.21$0.16$0.25$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.28$0.00$1.28$0.35$0.10$0.25
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.32$0.00$0.32$0.28$0.04$0.24
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.08$0.00$0.08$0.04$0.04$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.00$0.08$0.05$0.05$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.00$0.08$0.05$0.06$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.06$0.06$0.00
2015Summary only. Only limited summary data is available for this year.$0.08$0.00$0.08$0.05$0.05$0.00
2014Summary only. Only limited summary data is available for this year.$0.08$0.00$0.08$0.06$0.06$0.00
2013Summary only. Only limited summary data is available for this year.$0.08$0.00$0.08$0.05$0.04$0.01
2012Summary only. Only limited summary data is available for this year.$0.07$0.00$0.07$0.05$0.05$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$252,154
Mission and Program Overview

Mission

Providing books and money

To strengthen the glendale library, arts & culture department through advocacy , financial support, and volunteer services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$598,126$605,373▲ $7,247
Savings and Temporary Cash Investments$697,347$371,569▼ $325,778
Cash and Non-Interest-Bearing Accounts$54,298$13,524▼ $40,774
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$1,349,771$990,466▼ $359,305
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,349,771$990,466▼ $359,305
Total Net Assets Fund Balance$1,349,771$990,466▼ $359,305
Total Liabilities and Net Assets / Fund Balance$1,349,771$990,466▼ $359,305

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$10,356$10,356
Other Land Buildings$0$4,859$4,859
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$24,182
Program Service Revenue
$0
Investment Income
$40,387
Other Revenue
$0
All Other Contributions
$24,182
Change in Net Assets
$-359,305
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$319,887
Salaries, Compensation, and Employee Benefits$103,987
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$67,550$28,950-$96,500
Fees for Services Other$20,372$8,730-$29,102
All Other Expenses$7,121$3,483-$10,604
Payroll Taxes$5,241$2,246-$7,487
Other Expenses$5,059$7,189-$5,059
Fees for Services Accounting$3,308$1,417-$4,725
Advertising$2,174$931-$3,105
Insurance-$2,730-$2,730
Office Expenses$90$38-$128
Total Functional Expenses$363,160$60,714$0$423,874
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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

Form 990 is distributed to board members for their review before filing.

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

Board reviewed executive director positions at similar organizations.

Form 990, Part VI, Section C, Line 19

Documents can be provided upon request.

Filing and Contact Details

Filer

Filer Name
Glendale Library Arts & Culture Trust
EIN
95-4327193
Phone
8189377813
Address
222 E HARVARD STREET, GLENDALE, CA 91205

Signing Officer

Name
Krista Raimondo
Title
Treasurer
Phone
8189377813
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Krista Raimondo
Formed
2020
Legal Domicile
CA
Voting Board Members
10
Independent Board Members
10
Employees
1
Volunteers
0

Preparer

Firm
Lucas Horsfall Advisors LLC
Address
299 N EUCLID AVENUE 2ND FLOOR, PASADENA, CA 91101
Preparer
Michael P Amerio
Phone
6267445100
Raw XML Appendix372 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS DISTRIBUTED TO BOARD MEMBERS FOR THEIR REVIEW BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD REVIEWED EXECUTIVE DIRECTOR POSITIONS AT SIMILAR ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS CAN BE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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ReturnHeader/BusinessOfficerGrp/PersonNm0KRISTA RAIMONDO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
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ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LUCAS HORSFALL ADVISORS LLC
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091101
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ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL P AMERIO
ReturnHeader/ReturnTs02025-11-14T15:09:25-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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