Friends of the Shalimar Library Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
COMMUNITY LIBRARY PROVIDING ACCESS TO CURRENT LITERATURE AND OTHER RESOURCES INCLUDING PROGRAMS AND MEETING SPACE FOR ALL AGES
- Income
- $106,197
- Spending
- $76,685
- Spent on programs
- 71%
- Reserves
- 54.7 months of spending
- Largest source of income
- donations and private grants, 82%
- Employees
- 0
- Volunteers
- 35
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 82% of charities in its peer group (education, under $250k).
Reserves
35 of 35Spendable reserves would cover 54.7 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 28% of income.
Income trend
15 of 15Income rose 31% on the year before.
Spending floor
15 of 1571% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 84 out of 100. Higher than 82% of charities in its peer group (education, under $250k).
Independent board
25 of 259 of 9 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $54,094 spent. LIBRARY MEMBERSHIP - WE CHARGED $15 PER FAMILY FOR AN ANNUAL MEMBERSHIP TO THE LIBRARY. WE HAVE APPROXIMATELY 200 FAMILY MEMBERSHIPS. WE ARE OPEN SIX DAYS A WEEK FOR AT LEAST 4 HOURS A DAY, VARYING THE HOURS TO TRY TO ACCOMODATE OUR MEMBERS SCHEDULES. IN SEPTEMBER 2024 THE BOARD VOTED TO REDUCE THE MEMBERSHIP TO A ON TIME $10 CHARGE GOING FORWARD.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1997.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.