Friends of the Seaford Library Inc
Nonprofit profile at a glance
- EIN
- 113017057
- IRS 990-EZ coverage
- 2018–2018
- Forms available
- Form 990-EZ 2018, Form 990-N 2017
- Location
- Seaford, NY, USA
- Phone
- 5162219707
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Libraries
Reported finances
- Revenue
- $4,525
- Expenses
- $5,230
- Assets
- $10,318
Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- Caroline Tesseyman (President)
People named in this filing
- Caroline Tesseyman (President)
- Debi DiBari (Co-Vice Pres)
- Edna Amato (Co-Vice Pres)
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
The Friends is formed exclusively for charitable, literary, and educational purposes as specified in Sec 501 (c)(3) of the Internal Revenue Code of 1954, as amended. These Purposes are:-To stimulate the use of the Library's facilities, resources and services-To encourage gifts, endowments, and bequests for the benefit of the Library;-To focus public attention on the Library and;-To support the freedom to read as expressed in the American Library Association Bill of Rights.
What it reported doing in 2018
The Friends is formed exclusively for charitable, literary, and educational purposes , to stimulate the use of the Library's facilities, resources, and services, to encourage gifts, endowments, and bequests for the benefit of the Library, to focus public attention on the Library and to support the freedom to read as expressed in the American Library Association Bill of Rights.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Sustainability: 37
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.4%; rating input score 72
- Program expense ratio: 62.6%; rating input score 63
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -15.6%; rating input score 24; 24th percentile among comparable filings
- Total-asset coverage ratio: 1.97; rating input score 66; 66th 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: Limited
- Asset growth: Limited
Details
- Where the money goes: 72.4% of revenue deployed · 62.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $3K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 24/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.