Bremen Library Association
Nonprofit profile at a glance
- EIN
- 010324317
- IRS 990-EZ coverage
- 2022–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2017
- Location
- Bremen, ME, USA
- Phone
- 2075295572
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $130,414
- Expenses
- $118,724
- Assets
- $475,883
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- Sharon Marchi (President)
- Mary Voskian (Vice President)
People named in this filing
- Sharon Marchi (President)
- Mary Voskian (Vice President)
- Joelle LaClair (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide public library services including books, magazines, audio books, dvd movies; wi-fi and internet services; computer availability; adult and children's programs; meeting room facility; for the benefit of residents of bremen and surrounding towns
Operating model
- Revenue model
- Donor-supported. 66% of the money available for current operations came from contributions and gifts.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 79
- Transparency & Controls: 100
- Sustainability: 63
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.3%; rating input score 79
- Program expense ratio: 80%; rating input score 80
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 9%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 4.01; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
- Officer compensation ratio: 26.9%; rating input score 14; 14th percentile among comparable filings
Growth
- Program expense growth: 17.6% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 7.8% per year; rating input score 100; 56th percentile among comparable filings
- Asset growth: 3.1% per year; rating input score 100; 36th percentile among comparable filings
Details
- Where the money goes: 79.3% of revenue deployed · 80% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $95K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 4 filing years from 2022 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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: Operating margin scored 53/100.
- High — Sustainability: Officer compensation ratio scored 14/100.