Friends of the Abbott Library
Nonprofit profile at a glance
- EIN
- 222475911
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- Sunapee, NH, USA
- Phone
- 6037635513
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $37,682
- Expenses
- $36,646
- Assets
- $87,455
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Jan Harrison (President)
People named in this filing
- Elizabeth Medlin (Treasurer)
- Jan Harrison (President)
- Bettina Wise (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The goal of the Friends is to support, coordinate and enhance the activities of the Library and to stimulate and promote good library service in the community by doing the following: Working in cooperation with the librarians and the library trustees in support of the library. Maintaining an association of persons interested in good library service. Assisting in development, promotions and completion of library services, facilities, programs and community services. Soliciting gifts, bequests, endowments and other financial contributions above and beyond the library's annual budget. Acting as liaison between the community and the library, and increasing public awareness of the library resource.
What it reported doing in 2025
The Friends purchase online services for the library such as Kanopy, Great Courses, and Digital Magazines and provide books and book displays to further literacy in the community.
Operating model
- Revenue model
- Donor-supported. 90% of the money available for current operations came from contributions and gifts.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 100
- Sustainability: 58
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.3%; rating input score 97
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 2.7%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 2.39; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 20.4% per year; rating input score 100; 81st percentile among comparable filings
- Revenue growth: -17.7% per year; rating input score 0; 17th percentile among comparable filings
- Asset growth: -9.9% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 97.3% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $37K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- 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 — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 50/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.