Hermosa Beach Friends of the Library

HERMOSA BEACH, CA EIN: 95-3512644 Website

THE MISSION OF HERMOSA BEACH FRIENDS OF THE LIBRARY IS TO PROMOTE LITERACY, EDUCATION, CULTURE AND COMMUNITY IN HERMOSA BEACH AND THE SOUTH BAY

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+11.2% YoY

Annual Giving

$28K

Grant Count

Avg Grant Size

$28K

About Hermosa Beach Friends of the Library

Based on IRS filings

Hermosa Beach Friends of the Library is a nonprofit organization, based in HERMOSA BEACH, CA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 1 grants totaling $28K. Net investment income was $43K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

California $28K (100%)

States

California

Cities

Hermosa Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,535,775	$1,381,529	$1,262,712
Revenue	$148,548	$95,437	$576,355
Expenses	$79,226	$81,323	$41,270
Qualifying Distributions	—	—	—
Net Investment Income	$42,925	$38,607	$20,044
Distributable Amount	—	—	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

Open Grants

2 open opportunities from Hermosa Beach Friends of the Library

Foundation

HBFoL Scholarship Program - History & Heritage Story of Community (Historical Research)

HERMOSA BEACH FRIENDS OF THE LIBRARY

Amount

$1,000

Deadline

Rolling / Open

Annual

Foundation

HBFoL Scholarship Program - Turning The Page (Creative Writing)

HERMOSA BEACH FRIENDS OF THE LIBRARY

Amount

$1,000

Deadline

Rolling / Open

Annual

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Hermosa Beach Public Library ($28,000).

Recipient	Purpose	Amount
HERMOSA BEACH PUBLIC LIBRARY HERMOSA BEACH, CA	SUPPORT PROGRAMSEVENTS BOOK PURCHASES	$28,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
KIRA BACCARI	PRESIDENT	20	—
GEORGE CEMAN	VICE PRESIDENT	5	—
DANIEL CARINCI	SECRETARY	5	—
FRANCINE BACCARI	OPERATIONS MANAGER	20	—
CLARKE READ	TREASURER	20	—

Frequently Asked Questions

How large is Hermosa Beach Friends of the Library?

As of 2024, Hermosa Beach Friends of the Library holds $1.5M in total assets with $149K in annual revenue. It awarded 1 grants totaling $28K in 2024.

Where does Hermosa Beach Friends of the Library operate?

Hermosa Beach Friends of the Library has awarded grants in California.

What size grants does Hermosa Beach Friends of the Library award?

In 2024, Hermosa Beach Friends of the Library awarded 1 grants totaling $28K — an average of about $28K per grant, based on its IRS Form 990 filings.

What is Hermosa Beach Friends of the Library's EIN?

Hermosa Beach Friends of the Library's EIN (Employer Identification Number) is 95-3512644. IRS Form 990 filing data is available on this page for 2021–2024.