Friends of the Westborough Public Library Inc

Nonprofit profile at a glance

EIN
274788876
IRS 990-EZ coverage
2013–2025
Forms available
Form 990-EZ 2025
Location
Westborough, MA, USA
Phone
5083663050
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$22,994
Expenses
$28,085
Assets
$30,602
Liabilities
$0

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

Leadership & pay

8 people listed

Executive titles in this filing

  • KEVIN JOHNSON (PRESIDENT)
  • ERIC WAITE (VICE PRESIDENT)

People named in this filing

  • STEPHANIE OAKAN (BOARD OF DIRECTOR)
  • MARIA LAURA IBANEZ (BOARD OF DIRECTOR)
  • TAJ QURESHI (BOARD OF 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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization's purpose it to: 1. To stimulate the use of the westborough public library's resources and services. 2. To sponsor programs designed to add to the cultural life of the community. 3. To provide direct financial assistance by purchasing for the westborough public library special and unusual items which have not been provided for in the westborough public library budget but which the organization deems beneficial to the library. 4. To support and enlarge the scope of the westborough public library's services to the community. 5. To provide the library with passes to various museums which can be loaned to patrons of the westborough public library.

What it reported doing in 2025

Funding of reading programs and other library services/programs held at the westborough public library to benefit it's patrons and the surrounding community

Operating model

Revenue model
Other-operating. 71% of the money available for current operations came from other operating revenue.
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

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

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 82
  • Sustainability: 39
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.5%; rating input score 97

Transparency & Controls

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

Sustainability

  • Operating margin: -22.1%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 1.09; rating input score 50; 50th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 3.5% per year; rating input score 100; 57th percentile among comparable filings
  • Revenue growth: -0.5% per year; rating input score 0; 48th percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 55th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $27K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2013 to 2025
  • 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 — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 21/100.
  • Review — Sustainability: Total-asset coverage ratio scored 50/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.