Gilbert Hart Library Association

Nonprofit profile at a glance

EIN
030189143
IRS 990-EZ coverage
2020–2025
Forms available
Form 990-EZ 2025
Location
Wallingford, VT, USA
Phone
8024462685
Rating
46
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$91,987
Expenses
$71,920
Assets
$181,607
Liabilities
$0

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

Leadership & pay

9 people listed

Executive titles in this filing

  • Kristin Cassidy (President)
  • Michael Luzader (Vice President)

People named in this filing

  • Kristin Cassidy (President)
  • Michael Luzader (Vice President)
  • Lorna Norris (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

This is a public library for the Wallingford community and surrounding towns. We exist to provide materials for loan and offer a program space to organizations as well as provide free programs to the community. The building is also available to various service groups for meetings and activities.

What it reported doing in 2025

We provide a book path display at the town recreation area and change the titles throughout the seasons. We stock a Little Free Library to the town's recreation area and maintain the selection of items there. We provide a variety of programs for the community and allow groups to use our public space. We supported a local initiative to celebrate the town of Wallingford and were a host site on that day, including offering offering a children's program and local musical entertainment.

Operating model

Revenue model
Donor-supported. 74% of the money available for current operations came from contributions and gifts.
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

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 16
  • Transparency & Controls: 82
  • Sustainability: 64
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 18%; rating input score 18
  • Program expense ratio: 12.1%; rating input score 12

Transparency & Controls

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

Sustainability

  • Operating margin: 21.8%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 2.53; rating input score 71; 71st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 53.4%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: -56.4% per year; rating input score 0; 7th percentile among comparable filings
  • Revenue growth: 6.8% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: -1.4% per year; rating input score 0; 33rd percentile among comparable filings

Details

  • Where the money goes: 18% of revenue deployed · 12.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $9K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 6 filing years from 2020 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Financial Efficiency: Mission deployment rate scored 18/100.
  • High — Financial Efficiency: Program expense ratio scored 12/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.