Friends of the L E Phillips Memorial Public Library Inc
Nonprofit profile at a glance
- EIN
- 391645487
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- Eau Claire, WI, USA
- Phone
- 7158315301
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $114,370
- Expenses
- $110,300
- Assets
- $99,127
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Esther Moen (Executive Board President)
- Deb Mathson (Executive Vice President)
- David Lehmkuhl (Executive Past President)
People named in this filing
- Esther Moen (Executive Board President)
- Deb Mathson (Executive Vice President)
- David Lehmkuhl (Executive Past 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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the Friends of the L.E. Phillips Memorial Public Library is to encourage literacy, expression, and discovery in the Chippewa Valley through support to the L.E. Phillips Memorial Public Library and the surrounding community. We support the Freedom to Read and the Library Bill of Rights as expressed by the American Library Association. We increase public awareness of the library's resources and services. We assist in fund-raising efforts to provide the public with an enhanced library collection and improved service. We provide volunteer services requested by the library for special events and projects. We support new library services and facilities. We seek library support from the City Council and legislators when needed.
What it reported doing in 2024
Give a Kid a Book: Supplies local charitable organizations with brand new children's books in December, ensuring every child in need in the Eau Claire area receives a brand new book during the holiday season. Recently expanded to include a book for each participant in a summer school supply give away, as well as funds for a program to build Laundromat Libraries at participating laundromats throughout Eau Claire.
Operating model
- Revenue model
- Donor-supported. 72% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - 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: 39
- Transparency & Controls: 82
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 38.9%; rating input score 39
- Program expense ratio: 40.3%; rating input score 40
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.6%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.9; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 29.6%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 0.3% per year; rating input score 100; 31st percentile among comparable filings
- Revenue growth: 0.6% per year; rating input score 100; 24th percentile among comparable filings
- Asset growth: 0.3% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: 38.9% of revenue deployed · 40.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 5 filed program accomplishments · $44K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
- Moderate — Financial Efficiency: Program expense ratio scored 40/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 44/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Officer compensation ratio scored 11/100.