Friends of the Wellfleet Libraries Inc

Nonprofit profile at a glance

EIN
042606306
IRS 990-EZ coverage
2023–2025
Forms available
Form 990-EZ 2025, Form 990-N 2022
Location
Wellfleet, MA, USA
Phone
5087401783
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$90,332
Expenses
$67,173
Assets
$227,585

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • SUSAN BRUCE (PRESIDENT)
  • TOM COLE (VICE PRESIDENT)

People named in this filing

  • SUSAN BRUCE (PRESIDENT)
  • TOM COLE (VICE PRESIDENT)
  • MARUSYA CHAVCHAVADZE (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To expand and enrich the wellfleet library activities, to purchase books, periodicals, av materials, and furnishings, to contribute to the cost of programs for children and adults, benefiting all users of the library.

What it reported doing in 2025

To expand and enrich the wellfleet library activities, to purchase books, periodicals, av materials, and furnishings, to contribute to the cost ofprograms for children and adults, benefiting all users of the library.

Operating model

Revenue model
Donor-supported. 73% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 87% 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. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 68
  • Transparency & Controls: 82
  • Sustainability: 65
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.5%; rating input score 61
  • Program expense ratio: 79.4%; rating input score 79

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 25.6%; rating input score 77; 77th percentile among comparable filings
  • Total-asset coverage ratio: 3.39; rating input score 77; 77th 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: 11.2% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: 19.9% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 28% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 61.5% of revenue deployed · 79.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $53K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2023 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.

  • Review — Sustainability: Officer compensation ratio scored 56/100.