Friends of the Chappaqua Public Library
Nonprofit profile at a glance
- EIN
- 237177641
- IRS 990-EZ coverage
- 2020–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Chappaqua, NY, USA
- Phone
- 9142944516
- Rating
- 49
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $77,355
- Expenses
- $21,251
- Assets
- $231,208
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Kristen Acocella (President)
People named in this filing
- Kristen Acocella (President)
- Sharon Chikota (Treasurer)
- Erin Volkmar (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To encourage, receive, and administer gifts for the benefit of the Chappaqua Library and to cooperate with and support the library in developing its services and facilities. The Friends of the Chappaqua Library will seek to provide gifts to the Library for special items or projects not covered in the Library's operating budget. The organization will welcome requests from the Library. The Friends wish to fund purchases and projects most visible and of direct benefit to the public. The activities of the organization will include efforts to accomplish the following: a) encourage gifts and provide financial aid to the library, b) Acquire equipment, books, and other materials needed by the library, c) Inform the membership and the public of organization activities and library events and d) Aid in the development of library programs.
What it reported doing in 2024
Young Writers Contest. Middle school and High school children from local school district enter the competition in categories of fiction, non-fiction and poetry. Cash prizes are given to the winners at an awards ceremony each year. Approximately 200 kids participate in the program.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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: 0
- Transparency & Controls: 100
- Sustainability: 87
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0.3%; rating input score 0
- Program expense ratio: 0.9%; rating input score 1
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 72.5%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 10.88; rating input score 93; 93rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 35.8% per year; rating input score 100; 89th percentile among comparable filings
- Revenue growth: 29.5% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 17.5% per year; rating input score 100; 84th percentile among comparable filings
Details
- Where the money goes: 0.3% of revenue deployed · 0.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $200 in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Filing history: 3 filing years from 2020 to 2024
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 1/100.
- 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.