Friends of the Riverhead Library Inc
Nonprofit profile at a glance
- EIN
- 112890828
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990-EZ 2024
- Location
- Riverhead, NY, USA
- Phone
- 6317792810
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $44,943
- Expenses
- $53,447
- Assets
- $74,020
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- LINDA PRIZER (PRESIDENT)
- SARAH MAYO (VICE PRESIDENT)
People named in this filing
- LINDA PRIZER (PRESIDENT)
- SARAH MAYO (VICE PRESIDENT)
- GENA HARSCH (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support and assist the riverhead free library in their day to day operations serving the community of riverhead.
What it reported doing in 2024
Support and assist the riverhead free library in their day to day operations serving the community of riverhead
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 72% for direct work, and 28% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 60
- Transparency & Controls: 100
- Sustainability: 42
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.5%; rating input score 65
- Program expense ratio: 52.5%; rating input score 53
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: -18.9%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 1.38; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -1.5% per year; rating input score 0; 44th percentile among comparable filings
- Revenue growth: 4% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 2.7% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 64.5% of revenue deployed · 52.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $28K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2011 to 2024
- 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.
- Review — Financial Efficiency: Program expense ratio scored 53/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 24/100.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.