Friends of the Beaman Memorial Public Library
Nonprofit profile at a glance
- EIN
- 042742318
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2015
- Location
- West Boylston, MA, USA
- Phone
- 5088353711
- Rating
- 54
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $63,127
- Expenses
- $34,144
- Assets
- $402,595
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- DEB GARDNER (Vice President)
- ANN RAMMINGER (President)
People named in this filing
- JOHN RIOPEL (TECHNOLOGY)
- DEB GARDNER (Vice President)
- GERRY ESPE (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The friends of beaman memorial library is a group of citizens of west boylston and other towns who understand the importance of library services to the community. They work in a variety of ways to help improve the library by providing funding for programming, technology, the museum pass program, and other expenses not covered in the municipal budget. The also are important advocates for the library.
What it reported doing in 2024
Museum membershps for use by members of the west boylston community
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 25
- Transparency & Controls: 82
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 18.6%; rating input score 19
- Program expense ratio: 34.4%; rating input score 34
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 45.9%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 11.79; rating input score 93; 93rd 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: 3.4% per year; rating input score 100; 58th percentile among comparable filings
- Revenue growth: 13% per year; rating input score 100; 85th percentile among comparable filings
- Asset growth: 10% per year; rating input score 100; 72nd percentile among comparable filings
Details
- Where the money goes: 18.6% of revenue deployed · 34.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $12K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2013 to 2024
- 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 — Financial Efficiency: Mission deployment rate scored 19/100.
- Moderate — Financial Efficiency: Program expense ratio scored 34/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Review — Sustainability: Officer compensation ratio scored 56/100.