Friends of Morley Library

Nonprofit profile at a glance

EIN
346557710
IRS 990-EZ coverage
2016–2025
Forms available
Form 990-EZ 2025
Location
Painesville, OH, USA
Phone
4403522316
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$19,311
Expenses
$16,610
Assets
$19,232

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • DANIEL LEE (PRESIDENT)

People named in this filing

  • DANIEL LEE (PRESIDENT)
  • SUE CROWE (SECRETARY)
  • PATTY DEGLI (TREASURER)

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

The purpose of the friends of morley library (friends) is to assist in morley librarys mission and goals for the residents of painesville and lake county, to heighten the public's awareness about the library's programs, and to raise funds to support and supplement the librarys community services programs.

What it reported doing in 2025

Friends help with the following: promote literacy to the residents of the library service area at low cost by operating the lobby book sales and lower-level book shop. Support morley library's annual community programs (e.g., summer reading program, crafts, and activities, visiting authors) with revenues from book sales. As needed, provide special library grants for specific morley library programs (e.g., library of things) with revenues earned from book sales. Provide books to community groups and little free library stewards.

Operating model

Revenue model
Other-operating. 91% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 96% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and assets have declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 82
  • Sustainability: 52
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.1%; rating input score 76
  • Program expense ratio: 88.5%; rating input score 89

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 14%; rating input score 65; 65th percentile among comparable filings
  • Total-asset coverage ratio: 1.16; rating input score 51; 51st 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: 20.5% per year; rating input score 100; 81st percentile among comparable filings
  • Revenue growth: -4.5% per year; rating input score 0; 35th percentile among comparable filings
  • Asset growth: -1.1% per year; rating input score 0; 34th percentile among comparable filings

Details

  • Where the money goes: 76.1% of revenue deployed · 88.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $15K in reported program spending
  • Leadership: top reported pay $0 · 16 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2016 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.

  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.