Friends of the Glen Ridge Library

Nonprofit profile at a glance

EIN
223113966
IRS 990 coverage
2024–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-N 2023
Location
Glen Ridge, NJ, USA
Phone
9732021506
Rating
63
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Fund Raising and Fund Distribution

Official website

Reported finances

Revenue
$262,327
Expenses
$39,638
Assets
$620,040
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Gordon Leavitt (President)
  • Jody Stigliano (Vice President)

People named in this filing

  • Edward Kastenmeier (Trustee Liason)
  • Tina Marie Doody (Trustee Liason)
  • Gordon Leavitt (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Friends of the Glen Ridge Library's primary goals are to stimulate community awareness and use of the Glen Ridge Public Library and to support the library in developing its services and facilities. To this end, the Friends work to obtain public support for the Library budget; and to encourage gifts, endowments and memorials that provide financial support to the Library.

What it reported doing in 2024

The Friends of the Glen Ridge Library is a 501 (c) 3 registered non profit organization that was established in 1978 in an effort to support the Glen Ridge Public Library through advocacy and fundraising. Since that time, the Friends have sponsored and established many programs, initiatives, and raised funds for various projects to benefit the library and the community. The Friends have successfully raised awareness and funds for past library renovation and rehabilitation projects in 1993 and 2007. Raised funds in 2012 for the digitization of the library's local history collection and renovation of the Local History Archive Room located on the 3rd floor.Sponsored the construction of the Pickup Locker pavilion and purchase of the 24/7 Pickup Lockers. Established an annual Friends of the Library Scholarship for a graduating Glen Ridge senior.Sponsor the Museum Pass Program which provides residents the ability to visit nearby museums for free.Host several annual fundraisers such as the Friends of the Library Town-Wide Yard Sale which has become one of NJ's largest town-wide yard sales and Shredding Day which provides the community the opportunity to bulk shred their documents for a suggested donation.Support the Library's operating budget to enhance services, electronic offerings, programs, and collections, including the maintenance costs of the pickup lockers.Partner with the Borough of Glen Ridge on events such as the Holiday Tree Lighting, Selected Shorts, and Shredding Day; and participate in local events such as the Arts Festival/Eco-Fair and National Night Out.

Operating model

Revenue model
Donor-supported. 92% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 66% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 53
  • Transparency & Controls: 82
  • Accountability: 62
  • Sustainability: 91
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 18.3%; rating input score 18
  • Program expense ratio: 97.1%; rating input score 97
  • Fundraising efficiency: $2,538.07 raised per $1 spent on fundraising; rating input score 99; 99th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 83.3%; rating input score 83; 2nd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 92.2%; rating input score 92; 53rd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 85.7%; rating input score 86; 23rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 84.9%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 15.64; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • What they do: 3 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 18.3% of revenue deployed · 97.1% of spending went to programs
  • Governance: 6 of 7 board members independent · 2 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $38K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 14 of 16 current checks pass · 2 findings to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 18/100.
  • High — Accountability: Governance controls: 4 of 6 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.