Libraries of Love
Nonprofit profile at a glance
- EIN
- 050625610
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Round Rock, TX, USA
- Phone
- 5126991364
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
Reported finances
- Revenue
- $182,797
- Expenses
- $166,913
- Assets
- $97,839
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- TRUDY MARSHALL (EXECUTIVE DI)
- DONITA ORTEGA (DIRECTOR)
- ED ROACH (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Libraries of love is a nonprofit organization dedicated to promoting literacy by creating libraries in africa and addressing humanitarian needs.
What it reported doing in 2024
Libraries of love has provided 53 libraries in schools and 3 in prisons. The organization also has 26 university graduates with 54 students sponsored at present, with 14 of those students in college. The humanitarian aid has included helping with hospital care, food, homes, wheelchairs, and other basic necessities.
Operating model
- Revenue model
- Donor-supported. 99% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.9%; rating input score 91
- Program expense ratio: 99.6%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 8.7%; rating input score 56; 56th percentile among comparable filings
- Total-asset coverage ratio: 0.59; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 7.8% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 7.6% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 8.4% per year; rating input score 100; 56th percentile among comparable filings
Details
- Where the money goes: 90.9% of revenue deployed · 99.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $166K in reported program spending
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 15 filing years from 2010 to 2024
- 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: Operating margin scored 56/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.