Friends of the Lawrence Library
Nonprofit profile at a glance
- EIN
- 046193019
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2025
- Location
- Pepperell, MA, USA
- Phone
- 9788773301
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $45,284
- Expenses
- $43,886
- Assets
- $77,811
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Laurie Bulkow (President)
- Marianne Nicholson (Vice President)
- Diane Temple (Past President; Director)
People named in this filing
- Laurie Bulkow (President)
- Marianne Nicholson (Vice President)
- Virginia Boundy (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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Fundraising and support for the Lawrence Library
What it reported doing in 2025
Support the library trustees in fundraising efforts and stimulate the public awareness of the library's needs through monthly meetings, publication and mailing of a newsletter to the town population, participation in the local town business association events, and sponsorship of various fundraising events.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 63% for direct work, and 37% 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: 97
- Transparency & Controls: 100
- Sustainability: 56
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.4%; rating input score 96
- Program expense ratio: 99.5%; rating input score 99
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 3.1%; rating input score 50; 50th percentile among comparable filings
- Total-asset coverage ratio: 1.77; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 75.6% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: -6.2% per year; rating input score 0; 31st percentile among comparable filings
- Asset growth: 1.8% per year; rating input score 100; 45th percentile among comparable filings
Details
- Where the money goes: 96.4% of revenue deployed · 99.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $44K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- 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 — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Operating margin scored 50/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.