Myers Memorial Library
Nonprofit profile at a glance
- EIN
- 160755801
- IRS 990 coverage
- 2014–2025
- Forms available
- Form 990 2025, Form 990-EZ 2013
- Location
- Frewsburg, NY, USA
- Phone
- 7165695515
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Libraries
Reported finances
- Revenue
- $240,166
- Expenses
- $127,536
- Assets
- $935,892
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Melvin Feather (Trustee, Board President)
- Robert Piede (Trustee, Vice President)
Highest reported compensation
- Izabela Nowak (Director): $28,392 total reported compensation
- Lydia Sadowski (Staff): $13,888 total reported compensation
- Rachel Roushey (Staff): $7,125 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 foster an atmosphere that will encourage individuals to pursue a sustained plan of learning through recreational reading, research, and develop a life-long interest in reading for learning and enjoyment.
What it reported doing in 2025
Purchased books including audio recordings, videos, and periodicals for free lending to the public. Circulation: 21070, Patron visits: 12984
Operating model
- Revenue model
- Donor-supported. 63% 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
SUPPORTED - 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: 27
- Transparency & Controls: 90
- Accountability: 79
- Sustainability: 77
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 28.7%; rating input score 29
- Program expense ratio: 34.3%; rating input score 34
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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; 64th percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 46.9%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 7.34; rating input score 86; 86th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 44.3%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: 12% per year; rating input score 100; 72nd percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 49th percentile among comparable filings
Details
- Where the money goes: 28.7% of revenue deployed · 34.3% of spending went to programs
- Governance: 9 of 9 board members independent · 4 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $44K in reported program spending
- Leadership: top reported pay $28K · 13 people listed
- Consistency: 36 of 36 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2014 to 2025
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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 29/100.
- Moderate — Financial Efficiency: Program expense ratio scored 34/100.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Sustainability: Officer compensation ratio scored 5/100.