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Nonprofit · EIN 23-7006543

FRIENDS OF THE LIBRARY OF PORTOLA VALLEY INC

Tax-exempt · PORTOLA VALLY, CA 94028

Financials

$57K$17K2023$68K$8K2024$71K$10K2025
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF THE LIBRARY OF PORTOLA VALLEY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2026990$70,679$10,208$60,471$1,380,592$0$1,380,592
June 30, 2025990$68,372$7,603$60,769$1,221,944$0$1,221,944
June 30, 2024990$56,930$16,663$40,267$1,084,711$0$1,084,711
Financial details: 990 for the year ended June 30, 2026

Revenue

Contributions, gifts and grants
$32,444
Program service revenue
$2,589
Investment income
$35,646
Other revenue
$0

Expenses

Grants and similar amounts paid
$4,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$4,000
Management and general (functional)
$814
Fundraising (functional)
$5,394

Balance sheet and other

Total assets, start of year
$1,221,944
Total assets, end of year
$1,380,592
Total liabilities, end of year
$0
Net assets, end of year
$1,380,592
Publicly traded securities
$1,295,461
Net assets without donor restrictions
$1,380,592
Gross receipts
$70,679
Employees
0
Volunteers
20
Year formed
1969
State of legal domicile
CA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2026, highest compensation first.

NameTitleHours / weekCompensation
Sue ChaputTrustee
Trustee or director
0.1$0
Lenora FerroTrustee
Trustee or director
0.1$0
Gloria RosenthalTrustee
Trustee or director
0.1$0
Donna MackowskiTrustee
Trustee or director
0.25$0
Jo Ann MitchellTrustee
Trustee or director
3$0
Lin PearlsteinTrustee
Trustee or director
3$0
Ateret HaselkornVice-President
Trustee or director
3$0
MeenaRavella
Trustee or director
0.2$0
MaryellenMcCabe
Trustee or director
1$0
JenniferPrindiville
Trustee or director
3$0
Kwok LauPresident
Officer
4$0
Cynthia RoweSecretary and Archivist
Officer
0.5$0
Susan AdamsTreasurer
Officer
2$0
Sally Shimada-LeeCommunications Director
Key employee
0.5$0
990 for the year ended June 30, 2025: 15 people
NameTitleHours / weekCompensation
Sue ChaputTrustee
Trustee or director
0.25$0
Lenora FerroTrustee
Trustee or director
0.25$0
Gloria RosenthalTrustee
Trustee or director
0.25$0
Donna MackowskiTrustee
Trustee or director
0.5$0
Jo Ann MitchellTrustee
Trustee or director
3$0
Lin PearlsteinTrustee
Trustee or director
3$0
Karen FisherTrustee
Trustee or director
0.5$0
Ateret HaselkornVice-President
Trustee or director
1$0
MeenaRavella
Trustee or director
0.5$0
MaryellenMcCabe
Trustee or director
0.5$0
JenniferPrindiville
Trustee or director
3$0
Kwok LauPresident
Officer
2$0
Cynthia RoweSecretary and Archivist
Officer
2$0
Susan AdamsTreasurer
Officer
4$0
Sally Shimada-LeeCommunications Director
Key employee
2$0
990 for the year ended June 30, 2024: 12 people
NameTitleHours / weekCompensation
Sue ChaputTrustee
Trustee or director
0.15$0
Lenora FerroTrustee
Trustee or director
0.15$0
Gloria RosenthalTrustee
Trustee or director
0.15$0
Donna MackowskiTrustee
Trustee or director
2$0
Jo Ann MitchellTrustee
Trustee or director
3$0
Lin PearlsteinTrustee
Trustee or director
3$0
Karen FisherTrustee
Trustee or director
2$0
Ateret HaselkornTrustee
Trustee or director
5$0
Kwok LauPresident
Officer
5$0
Sally Shimada-LeeVice-President
Officer
5$0
Cynthia RoweSecretary and Archivist
Officer
5$0
Susan AdamsTreasurer
Officer
5$0

Address and contacts

Address (IRS master file)
765 PORTOLA RD, PORTOLA VALLY, CA 94028-7205
In care of
% SUSAN ADAMS
Mailing address (990-N for 2015)
765 Portola Road, Portola Valley CA 94028
Principal officer (990 for 2025)
Kwok Lau, 765 Portola Road, Portola Valley, CA 94028
Principal officer (990-N for 2015)
Kwok Lau, 132 Corte Madera Road, Portola Valley CA 94028
Signed the 990
Susan Adams, Treasurer
Phone
(650) 218-3189

California records

California keeps its own records of charities and corporations. Search them by EIN 23-7006543 or by the name FRIENDS OF THE LIBRARY OF PORTOLA VALLEY INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

The organization promotes and augments the development and use of the resources and services of the Portola Valley Library for the benefit of local residents. The organization brings together people who view their local library as a valuable sources of community, interaction, and learning.

990 for the year ended June 30, 2026

Program accomplishments

  • Children's programs include story times, summer reading session, presentations by visiting artists and scientists, and poetry celebrations.
    Expenses $3,000 · grants $3,000
  • Teen programs included Tech/Maker Initiatives, after-school meet-ups, presentations by visiting artists and scientists, and poetry celebrations. Due to the monies accrued but not spent during the COVID shutdown, FOPVL spent no money in this area.
    Expenses $500 · grants $500
  • Outreach programs include visits to local farmer's markets and schools.
    Expenses $250 · grants $250
  • The organization hosted events in support of the One Book One Coast program.
    Expenses $250 · grants $250

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026990 on file
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7006543
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1969
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B12)
Assets (IRS master file)
$1,380,592
Income (IRS master file)
$70,679

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2026$70,679$10,208$1,380,592XML
990June 2025$68,372$7,603$1,221,944XML
990June 2024$56,930$16,663$1,084,711XML
990June 2023$39,178$14,851$956,521IRS
990June 2022–––IRS
990June 2021–––IRS
990-N for 2015
Officer: Kwok Lau
June 30, 2016≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7006543).

Questions about FRIENDS OF THE LIBRARY OF PORTOLA VALLEY INC

What is the EIN of FRIENDS OF THE LIBRARY OF PORTOLA VALLEY INC?
The employer identification number (EIN) of FRIENDS OF THE LIBRARY OF PORTOLA VALLEY INC is 23-7006543.
Is FRIENDS OF THE LIBRARY OF PORTOLA VALLEY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
Are donations to FRIENDS OF THE LIBRARY OF PORTOLA VALLEY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF THE LIBRARY OF PORTOLA VALLEY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FRIENDS OF THE LIBRARY OF PORTOLA VALLEY INC due?
The return for tax year 2026 (the year ending June 30, 2027) is due November 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF THE LIBRARY OF PORTOLA VALLEY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2026.
Who is the principal officer of FRIENDS OF THE LIBRARY OF PORTOLA VALLEY INC?
The 990 for the year ended June 30, 2026 names Kwok Lau.
Who are the officers and directors of FRIENDS OF THE LIBRARY OF PORTOLA VALLEY INC?
The 990 for the year ended June 30, 2026 lists 14 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF THE LIBRARY OF PORTOLA VALLEY INC have?
On its 990 for the year ended June 30, 2026 it reported revenue of $70,679, expenses of $10,208 and total assets of $1,380,592 at year end.

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