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.