Oradell Free Public Library Foundation Inc

Nonprofit profile at a glance

EIN
223565524
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Oradell, NJ, USA
Phone
2012622613
Rating
70
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$23,811
Expenses
$29,126
Assets
$208,101

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • PHUALIN YOUNG (President)
  • JAMES LESSERSOHN (Vice President)

People named in this filing

  • DIANE PALMERI (Secretary)
  • PHUALIN YOUNG (President)
  • JAMES LESSERSOHN (Vice President)

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

(1) to operate for the benefit of the oradell free public library which, as a government unit, is an organization described in section 509(a)(1) of the internal revenue code, and (2) to further the charitable purposes of the library, including but not limited to (i) carry out fund raising activities for the benefit of the library; (ii) receiving on behalf of the library gifts and bequests; and (iii) making grants to the library.

What it reported doing in 2024

Provided direct gifts to (the library): $6,197 in youth supplies & programs and $7,182 in adult programs. Purchased $1,700 in museum passes for library patrons. Incurred $480 in hospitality expenses for library patrons. The total of all the above grants to the library is $15,559. Also provided contributions to the 4th of july parade ($377), sunshine fund ($206), makers family fun day ($804), bccl ($130)and holiday party for volunteers (818).

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 70
  • Transparency & Controls: 82
  • Sustainability: 43
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.1%; rating input score 75
  • Program expense ratio: 61.4%; rating input score 61

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -22.3%; rating input score 22; 22nd percentile among comparable filings
  • Total-asset coverage ratio: 7.14; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -6.2% per year; rating input score 0; 33rd percentile among comparable filings
  • Revenue growth: -3.3% per year; rating input score 0; 39th percentile among comparable filings
  • Asset growth: -1.1% per year; rating input score 0; 34th percentile among comparable filings

Details

  • Where the money goes: 75.1% of revenue deployed · 61.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $18K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2012 to 2024
  • 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 22/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.