Friends of the Worcester Free Public Library Inc

Nonprofit profile at a glance

EIN
042608388
IRS 990-EZ coverage
2009–2025
Forms available
Form 990-EZ 2025
Location
Worcester, MA, USA
Phone
5087991686
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$53,578
Expenses
$36,240
Assets
$147,130
Liabilities
$750

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

Leadership & pay

10 people listed

Executive titles in this filing

  • TERRY DORSEY (DIRECTOR/PAST PRESIDENT)
  • ROSEMARY MCCARTHY (PRESIDENT)
  • MARY ANN TOLL (VICE PRESIDENT)
  • CHRISTINE WEINROBE (DIRECTOR/PAST PRESIDENT)

People named in this filing

  • TERRY DORSEY (DIRECTOR/PAST PRESIDENT)
  • ROSEMARY MCCARTHY (PRESIDENT)
  • DAVID BOULAY JR (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To support the worcester public library with programming, publicity and materials

What it reported doing in 2025

The organization funds passes to local museums and other educational institutions that are available to the public

Operating model

Revenue model
Other-operating. 62% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 82
  • Sustainability: 72
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.5%; rating input score 62
  • Program expense ratio: 88.4%; rating input score 88

Transparency & Controls

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

Sustainability

  • Operating margin: 32.4%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 4.06; rating input score 80; 80th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 27; 27th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 0.2% per year; rating input score 100; 48th percentile among comparable filings
  • Revenue growth: -2.2% per year; rating input score 0; 42nd percentile among comparable filings
  • Asset growth: 0.4% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: 62.5% of revenue deployed · 88.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $32K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 17 filing years from 2009 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: Liabilities to assets ratio scored 27/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.