Cascade Friends of the Library
Nonprofit profile at a glance
- EIN
- 237328367
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024
- Location
- Grand Rapids, MI, USA
- Phone
- 5133154152
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $171,075
- Expenses
- $66,288
- Assets
- $303,742
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Joseph G David (President)
- Denise Mahoney (Vice President)
People named in this filing
- Joseph G David (President)
- Denise Mahoney (Vice President)
- Sandra Cottingham (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
Our primary purpose is to support the local library and community with a focus on literacy. The Cascade Friends of the Library is a group comprised 100% of approximately 50 volunteers that make money for the local and district libraries by selling donated used books. In addition to supporting literacy, we help build a sense of community where all feel welcomed and safe. We sponsor programming for ages newborn and up, including programs for adults with intellectual and developmental disabilities and their care partners.
What it reported doing in 2024
Friends Sponsored a wide variety of programs that impacted people from newborn through senior citizens with a goal to increase literacy and comprehension while building a stronger sense of community. They involved other organizations in the community (such as police and fire departments) as well as local artists that engaged the community in music, dance and in many of the graphic arts. They provided engagement for adults with cognitive challenges, and support for their care partners. Here is a breakdown of the programs by age group with the number of participants in ( ). Toddlers ages 0-5; Dance with me (607), Touch a Truck (973), Unicorn Party (402) Fall Playdate and Festival (452). School Age (5-11); Book Explorers (101), Kids Food (79) Pokemon Club (41), Art Party (125) Library Camp (196), Write Stuff (64). Teens; Craft Fair (310). Family/All Ages; Let's Talk Vinyl (95), Amazing Trees (109), Open House (29), Reindeer Night (1,162), Kids & Teen Craft (1,162), Michigan Authors (91), Outreach (196). Adults; In Good Taste (25), KDL On The Go (512), Book Discussions (83), Awesome Adults (156), Making Connections (26), Coffee Club (116), Senior Chats (26), Craft and Create (29)
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 28
- Transparency & Controls: 100
- Sustainability: 89
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 17.4%; rating input score 17
- Program expense ratio: 44.8%; rating input score 45
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: 61.3%; rating input score 95; 95th percentile among comparable filings
- Total-asset coverage ratio: 4.58; rating input score 95; 95th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -10.1% per year; rating input score 0; 15th percentile among comparable filings
- Revenue growth: 23.2% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: -1.4% per year; rating input score 0; 23rd percentile among comparable filings
Details
- Where the money goes: 17.4% of revenue deployed · 44.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $30K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 4 filing years from 2020 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.
- High — Financial Efficiency: Mission deployment rate scored 17/100.
- Moderate — Financial Efficiency: Program expense ratio scored 45/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.