Friends of the La Conner Regional Library
Nonprofit profile at a glance
- EIN
- 300420367
- IRS 990-EZ coverage
- 2016–2018
- Forms available
- Form 990-EZ 2018, Form 990-N 2015
- Location
- La Conner, WA, USA
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $52,443
- Expenses
- $52,567
- Assets
- $51,970
- Liabilities
- $5,556
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- JOAN SCARBORO (PRESIDENT)
People named in this filing
- JOAN SCARBORO (PRESIDENT)
- BJ CAROL (VICE PRESIDE)
- BARBARA BRADFORD (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 2018. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our purpose is to develop a community of library supporters.
What it reported doing in 2018
Our goal is to help maintain and improve the la conner regional library's collection of materials and to enable additional library services to the community. This benefits approximately 4,700 people in the libarary district.
Operating model
- Revenue model
- Earned-program. 96% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 58% for direct work, and 42% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 99
- Transparency & Controls: 82
- Sustainability: 44
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.3%; rating input score 99
- Program expense ratio: 99.1%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -0.2%; rating input score 44; 44th percentile among comparable filings
- Total-asset coverage ratio: 0.99; rating input score 47; 47th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 22; 22nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 5.8% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: -6.4% per year; rating input score 0; 33rd percentile among comparable filings
- Asset growth: 3.7% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 99.3% of revenue deployed · 99.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $52K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2016 to 2018
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 44/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
- High — Sustainability: Liabilities to assets ratio scored 22/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.