Friends of the Brighton Library Inc

Nonprofit profile at a glance

EIN
237339649
IRS 990-EZ coverage
2020–2022
Forms available
Form 990-EZ 2022, Form 990-N 2013
Location
Rochester, NY, USA
Phone
5857392267
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$73,701
Expenses
$85,342
Assets
$71,369
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Wendy Scull (President)
  • Cathy Fager (Vice President)

People named in this filing

  • Wendy Scull (President)
  • Ann Vodacek (Treasurer)
  • Izzy Coons (Assistant 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 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Library programs and educational events for adults, young adults and children; typically, thousands of people participate and/or attend various programs and events.

What it reported doing in 2022

The Brighton Memorial Library supports the entire town community, population of 36,000 +. In addition, many other Monroe County library patrons prefer this library. The library is Brighton's gathering place and cultural center, providing information access for the entire community while promoting lifelong learning and enrichment for all to enjoy. Brighton Memorial Library is committed to preserving the highest values. The Friends of Brighton Memorial Library supports library programs for Adults, Young Adults, Children and Seniors. We sponsor artistic and literary programs for students in middle and high school, such as 5x7 Design and an annual literary contest for multiple forms of literature. We support well developed and heavily attended children's reading programs all year long. We sponsor a school year program of Books Sandwiched In, where leading authors and authorities review current literature. We also support many different film and music programs, as well as technical and training seminars for computer and internet usage. We also sponsor "Partners in Reading for Seniors", a program which connects homebound seniors with library services. Our three greatest producers of revenue are our 3 annual book sales, the Friends Book Store and annual membership fees.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 82
  • Sustainability: 39
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.7%; rating input score 67
  • Program expense ratio: 57.6%; rating input score 58

Transparency & Controls

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

Sustainability

  • Operating margin: -15.8%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 0.84; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 44.6% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 49.7% per year; rating input score 100; 95th percentile among comparable filings
  • Asset growth: 10.8% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 66.7% of revenue deployed · 57.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $49K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2020 to 2022
  • 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.

  • Review — Financial Efficiency: Program expense ratio scored 58/100.
  • High — Sustainability: Operating margin scored 27/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.