Friends of the Plano Public Library

Nonprofit profile at a glance

EIN
756043214
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Plano, TX, USA
Phone
9727694208
Rating
92
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$122,782
Expenses
$224,990
Assets
$43,083
Liabilities
$2,156

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

Leadership & pay

12 people listed

Executive titles in this filing

  • EMILY MOORE (Vice President)
  • STEVE LAVINE (President)

People named in this filing

  • CYNTHIA MICHEL (Director)
  • EMILY MOORE (Vice President)
  • ERIC LEWIS (Director)

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

Friends of the ppl is a non-profit, membership organization dedicated to supporting the plano, Texas public libraries. Its mission is to serve as an advocate in developing, maintaining, and improving public library resources, services, and facilities for all patrons. Friends also supports the plano public library system through fundraising activities.

What it reported doing in 2024

Provided reading programs, library equipment, and educational development for the plano public library system.

Operating model

Revenue model
Other-operating. 85% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 98% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 100
  • Sustainability: 17
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.2%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -83.2%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0.19; rating input score 18; 18th percentile among comparable filings
  • Liabilities to assets ratio: 0.05; rating input score 30; 30th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 1.4% per year; rating input score 100; 34th percentile among comparable filings
  • Revenue growth: -1.4% per year; rating input score 0; 16th percentile among comparable filings
  • Asset growth: -1.4% per year; rating input score 0; 23rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $219K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 1/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 18/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 30/100.