Mount Pleasant Library Friends
Nonprofit profile at a glance
- EIN
- 521300508
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Washington, DC, USA
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $55,426
- Expenses
- $75,797
- Assets
- $154,199
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
24 people listed
Executive titles in this filing
- Carlos Izurieta (President)
- Betsey Suchanic (Vice President)
- Carlos Izurieta (President)
- Betsey Suchanic (Vice President)
People named in this filing
- Carlos Izurieta (President)
- Betsey Suchanic (Vice President)
- Robert Frazier (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Mount Pleasant Library Friends are a volunteer non-profit organization committed to supporting local library programming at the Mount Pleasant branch (3160 16th St NW, Washington, DC 20010) of the Washington, DC Public Library System.
What it reported doing in 2024
In 2024, the Mount Pleasant Library Friends supported the Mount Pleasant Branch of the DC Public Library primarily by funding library programming. This included community musical performances featuring musicians from across the globe, enrichment programs in school outreach, weekly snack programs, and care products for the neediest in our community.
Operating model
- Revenue model
- Other-operating. 85% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 46% for direct work, and 54% for grants.
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 reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 41
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -36.8%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 2.03; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $76K in reported program spending
- Leadership: top reported pay $0 · 24 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- 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 — Sustainability: Operating margin scored 16/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.