Infolink The New Jersey Regional Library Cooperative Inc
Nonprofit profile at a glance
- EIN
- 222629604
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Trenton, NJ, USA
- Phone
- 7327527720
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Libraries
Reported finances
- Revenue
- $2,185,978
- Expenses
- $2,131,209
- Assets
- $1,245,049
- Liabilities
- $702,399
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
14 people listed
Executive titles in this filing
- Irene Langlois (President)
- Amy Behr-Shields (Vice President)
- Ralph Bingham III (Executive Director)
Highest reported compensation
- Ralph Bingham III (Executive Director): $135,162 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
LibraryLinkNJ is a nonprofit, multi-type library organization established under the NJ Library Network law and the regulations under NJ Administrative Code 15:22. LibraryLinkNJ fosters library inovation, continuing education, cooperative purchases, networking, and collaboration and facilitates efficient and cost-effective resource sharing through the statewide interlibrary loan delivery service
What it reported doing in 2024
LibraryLinkNJ coordinates professional development and continuing education for NJ library workers through in-person and virtual programs, special events, and workshops like our Super Library Supervisor training series focusing on supervisory skills. Expenses include presenter and venue fees and technology and online hosting costs. Recordings of many of these programs are made avaliable through our Learning Space On-Demand Training Portal along with additional continuing education courses designed for self-paced learning.
Operating model
- Revenue model
- Grant-funded. 82% of the money available for current operations came from government grants.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
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: 82
- Transparency & Controls: 90
- Accountability: 100
- Sustainability: 34
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.2%; rating input score 92
- Program expense ratio: 94.3%; rating input score 94
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 2.5%; rating input score 43; 43rd percentile among comparable filings
- Total-asset coverage ratio: 0.58; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.56; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 6.3%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: 2% per year; rating input score 100; 22nd percentile among comparable filings
- Revenue growth: -0.9% per year; rating input score 0; 9th percentile among comparable filings
- Asset growth: 5.6% per year; rating input score 100; 38th percentile among comparable filings
Details
- Where the money goes: 92.2% of revenue deployed · 94.3% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $2M in reported program spending
- Leadership: top reported pay $135K · 14 people listed
- Highest-paid contractors: 1 contractor listed · $1.1M reported
- Consistency: 26 of 27 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 43/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 18/100.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.