Memorial Library of Nazareth & Vicinity

Nonprofit profile at a glance

EIN
246019434
IRS 990 coverage
2011–2025
Forms available
Form 990 2025
Location
Nazareth, PA, USA
Phone
6107594932
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Libraries

Official website

Reported finances

Revenue
$1,072,275
Expenses
$1,196,583
Assets
$1,059,991
Liabilities
$0

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

Leadership & pay

13 people listed

Executive titles in this filing

  • HOLLY BENNETT (EXECUTIVE DIRECTOR)
  • CHRISTOPHER CROOK (PRESIDENT)
  • NATE GOLUB (VICE PRESIDENT)

Highest reported compensation

  • HOLLY BENNETT (EXECUTIVE DIRECTOR): $91,163 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To inspire and enrich the lives of the residents in our supporting municipalities by offering valuable lifetime literacies and a community of centric service approach.

What it reported doing in 2025

The primary purpose of the library is to maintain a free public library in the borough of nazareth, northampton county, Pennsylvania. The vision: "the library will be the community center of the municipalities we serve, where members of the community share experiences, information and cultivate relationships" is an example of aspirational thinking about the future and not an over-inflated view of the library. The vision is based on the process of making a personal connection with people through connecting, discovering, educating and responding to their needs. The library is committed to providing outstanding service to all patrons in a courteous and confidential manner. The library promotes the love of books and the importance of reading. The library values reading and information literacy for the knowledge, power, and recreation they bring. It recognized that reading and information literacy provide a foundation for lifelong learning, opening doors, and expanding horizons. The library is committed to intellectual freedom and to providing convenient, equitable and open access to the resources and services it provides. The library extends its reach and impact in the community through partnerships with individuals, public and non-profit organizations, community groups, educators, and businesses.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 33
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.1%; rating input score 91
  • Program expense ratio: 81.4%; rating input score 81
  • Fundraising efficiency: $20.22 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • 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: -11.6%; rating input score 12; 12th percentile among comparable filings
  • Total-asset coverage ratio: 0.89; rating input score 39; 39th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 7.6%; rating input score 44; 44th percentile among comparable filings

Growth

  • Program expense growth: 2.7% per year; rating input score 100; 25th percentile among comparable filings
  • Revenue growth: 4.4% per year; rating input score 100; 34th percentile among comparable filings
  • Asset growth: -12.8% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 91.1% of revenue deployed · 81.4% of spending went to programs
  • Governance: 11 of 11 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $974K in reported program spending
  • Leadership: top reported pay $91K · 13 people listed
  • Consistency: 30 of 30 current checks pass
  • Schedules: 5 filed schedules · includes major donors
  • Filing history: 15 filing years from 2011 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 12/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 56/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
  • Moderate — Sustainability: Officer compensation ratio scored 44/100.