Beverly Friends of the Library

Nonprofit profile at a glance

EIN
934620783
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Waterford, OH, USA
Phone
7405161790
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Libraries

Reported finances

Revenue
$15,074
Expenses
$6,698
Assets
$401,675
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Susanne Burchett (President)
  • Kay Shreve (Vice-President)

People named in this filing

  • Susanne Burchett (President)
  • Kay Shreve (Vice-President)
  • Sue Sampson (Secretary)

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

It is the mission of the Beverly Friends of the Library to provide assistance to the Lyman Pomeroy Branch of the Washington County Public Library through volunteer service and financial support for the needs beyond the library's regular budget.

What it reported doing in 2024

Summer reading program for youth and adults, monthly library night out educational activities, library equipment and supplies outside the scope of the local budget, purchase of books and subscriptions.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 79
  • Transparency & Controls: 82
  • Sustainability: 87
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 67.3%; rating input score 67
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 55.6%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 59.97; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 84.6% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 2.1% per year; rating input score 100; 47th percentile among comparable filings

Details

  • Where the money goes: 67.3% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $7K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Sustainability: Officer compensation ratio scored 56/100.