Friends of the Orcutt Library
Nonprofit profile at a glance
- EIN
- 770292718
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024, Form 990-N 2020
- Location
- Santa Maria, CA, USA
- Phone
- 8052601801
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $65,277
- Expenses
- $38,876
- Assets
- $196,977
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- BETTY R GUNN (PRESIDENT)
People named in this filing
- BETTY R GUNN (PRESIDENT)
- CAROL GREGOR (VICE PRESIDE)
- MARCI WATSON (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
Our mission is to promote reading and the growth and development of a library branch in the orcutt area.
What it reported doing in 2024
Promote reading and the growth and development of a library branch in the orcutt area.
Operating model
- Revenue model
- Donor-supported. 81% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 42
- Transparency & Controls: 91
- Sustainability: 72
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 36.7%; rating input score 37
- Program expense ratio: 48.9%; rating input score 49
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 2nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 40.4%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 5.07; rating input score 84; 84th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -103% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: -35.3% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 36.7% of revenue deployed · 48.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $19K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 1 filing year from 2024
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 37/100.
- Moderate — Financial Efficiency: Program expense ratio scored 49/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.