Dover Library Foundation Inc
Nonprofit profile at a glance
- EIN
- 300533141
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990 2012, Form 990-EZ 2024, Form 990-N 2020
- Location
- Dover, DE, USA
- Phone
- 3027367019
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $18,268
- Expenses
- $11,558
- Assets
- $375,682
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- ZACHARY CARTER (PRESIDENT)
People named in this filing
- TONY DEPRIMA (DIRECTOR)
- ZACHARY CARTER (PRESIDENT)
- MARGERY KIRBY CYR (VICE PRESIDE)
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
The main purpose of this foundation is to raise and expend funds for the dover public library.
What it reported doing in 2024
See main organization mission above: all foundation revenue is used to either increase awareness and raise more funds or is held for the dover public library.
Operating model
- Revenue model
- Investment-supported. 66% of the money available for current operations came from recurring investment income.
- 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
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 82
- Sustainability: 75
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 52.5%; rating input score 53
- Program expense ratio: 71.8%; rating input score 72
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 36.7%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 32.5; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 8.5% per year; rating input score 100; 69th percentile among comparable filings
- Revenue growth: -14.6% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: 10.7% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 52.5% of revenue deployed · 71.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $8K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 53/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.