Acton Memorial Library Foundation Inc
Nonprofit profile at a glance
- EIN
- 043121101
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024
- Location
- Acton, MA, USA
- Phone
- 9782638014
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Student Sororities, Fraternities
Reported finances
- Revenue
- $47,458
- Expenses
- $31,901
- Assets
- $85,767
- Liabilities
- $7
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Beth Petr (Co-President)
- Sampada Salunkhe (Co-President)
- Ann Chang (Vice-President)
People named in this filing
- Greg Costigan (Director)
- Andrew J Holt Jr (Director)
- Julia Larkin (Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide support for Acton Memorial Library
What it reported doing in 2024
Provide funding for purchases in the Reference, Audiovisual, Children's, Collection Building, Technology Departments and Programs.
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 82
- Sustainability: 71
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.8%; rating input score 58
- Program expense ratio: 85.4%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 32.8%; rating input score 83; 83rd percentile among comparable filings
- Total-asset coverage ratio: 2.69; rating input score 72; 72nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 13.5% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: 3% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: -9.5% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 57.8% of revenue deployed · 85.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $27K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 58/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.