Lucy Robbins Welles Library Inc
Nonprofit profile at a glance
- EIN
- 066035131
- IRS 990 coverage
- 2017–2024
- Forms available
- Form 990 2024
- Location
- Newington, CT, USA
- Phone
- 8606658700
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $706,711
- Expenses
- $45,494
- Assets
- $3,160,410
- Liabilities
- $67
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- DIANE STAMM (PRESIDENT)
- MAUREEN O'CONNOR LYONS (VICE PRESIDENT)
People named in this filing
- DIANE STAMM (PRESIDENT)
- JUDITH IGIELSKI (SECRETARY)
- LEEANN MANKE (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. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See scheule o
What it reported doing in 2024
To promote literary and educational activities
Operating model
- Revenue model
- Donor-supported. 75% 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 most voting board members are independent. 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: 23
- Transparency & Controls: 82
- Accountability: 70
- Sustainability: 95
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 6.7%; rating input score 7
- Program expense ratio: 58.5%; rating input score 58
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 93.6%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 69.47; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 83; 83rd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 9.7% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 30.6% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: 16.2% per year; rating input score 100; 75th percentile among comparable filings
Details
- Where the money goes: 6.7% of revenue deployed · 58.5% of spending went to programs
- Governance: 7 of 7 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $27K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 16 of 17 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2017 to 2024
- 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 — Financial Efficiency: Mission deployment rate scored 7/100.
- Review — Financial Efficiency: Program expense ratio scored 58/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.