Margaret Reaney Memorial Library
Nonprofit profile at a glance
- EIN
- 161522597
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2016, Form 990-EZ 2024
- Location
- Saint Johnsville, NY, USA
- Phone
- 5185687822
- Rating
- 52
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Libraries
Reported finances
- Revenue
- $113,277
- Expenses
- $123,806
- Assets
- $338,668
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- NANCY STOWELL (VICE PRESIDENT)
- STEPHANIE CUOMO (PRESIDENT)
People named in this filing
- NANCY STOWELL (VICE PRESIDENT)
- REBECCA SOKOL (SECRETARY)
- DIANE EMPIE (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
Provide comfortable up-to-date library
What it reported doing in 2024
Adult and juvenile non fiction and fiction collections were reviewed and over 1000 non-relevant books were removed and updated with new titles.
Operating model
- Revenue model
- Earned-program. 63% of the money available for current operations came from fees and other program 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
MIXED - The filed numbers largely add up and program spending has grown recently. 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: 10
- Transparency & Controls: 100
- Sustainability: 44
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 10.2%; rating input score 10
- Program expense ratio: 9.3%; rating input score 9
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: -9.3%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 2.74; rating input score 88; 88th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 29.1%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 7.3% per year; rating input score 100; 54th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: 7.8% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 10.2% of revenue deployed · 9.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $12K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 12 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 3 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 10/100.
- High — Financial Efficiency: Program expense ratio scored 9/100.
- High — Sustainability: Operating margin scored 16/100.
- High — Sustainability: Officer compensation ratio scored 12/100.