Friends of Thayer Public Library

Nonprofit profile at a glance

EIN
042864070
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Braintree, MA, USA
Phone
7818491195
Rating
85
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$33,889
Expenses
$33,448
Assets
$302,168

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

Leadership & pay

5 people listed

Executive titles in this filing

  • SANDRA KUNZ (PRESIDENT)

People named in this filing

  • RICHARD DUVAL (DIRECTOR)
  • LAURA COLPUS (TREASURER)
  • SANDRA KUNZ (PRESIDENT)

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

Provide a structure for members of the organization and the community residents to provide support and services for the staff and users of the braintree public library system.

What it reported doing in 2024

Provided a structure for community residents, through volunteer service, to create a better facility and enhance the experience of all users of the braintree public library. A small cafe is maintained on-site for the benefit of the community. Library programs, including community concerts, were organized and funded. Current year program costs paid to third parties, including but not limited to summer reading, teen events, museum passes, and movies licenses, were funded at a cost of 15,103.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Grant intermediary. The nonprofit sent 97% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 82
  • Sustainability: 56
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 97.1%; rating input score 97
  • Program expense ratio: 95.4%; rating input score 95

Transparency & Controls

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

Sustainability

  • Operating margin: 1.3%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 9.03; rating input score 91; 91st 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: -10.2% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: -4.3% per year; rating input score 0; 36th percentile among comparable filings
  • Asset growth: 7% per year; rating input score 100; 64th percentile among comparable filings

Details

  • Where the money goes: 97.1% of revenue deployed · 95.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $32K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 12 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • 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: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 48/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.