Rockport Library Foundation

Nonprofit profile at a glance

EIN
830864371
IRS 990-EZ coverage
2022–2025
Forms available
Form 990 2021, Form 990-EZ 2025
Location
Rockport, ME, USA
Phone
2079752467
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Libraries

Official website

Reported finances

Revenue
$140,674
Expenses
$46,548
Assets
$403,135
Liabilities
$0

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Denise Munger (President)
  • Nan Bow (Vice President)

People named in this filing

  • Denise Munger (President)
  • Mark Van Baalen (Secretary)
  • Helen Shaw (Library Committee Liaison)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To raise funds to support the operations, maintain the buildings and improvements, and supplement the resources of the Rockport Public Library, a public facility operated by the Town of Rockport, Maine, a State of Maine municipal entity/governmental unit that has Section 170(c)(1) tax-exempt status under the Internal Revenue Code.

What it reported doing in 2025

The Foundation provides programming for the Library and directly pays select operational expenses of the Library at the discretion of the Foundation's Board.

Operating model

Revenue model
Donor-supported. 92% 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 revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 100
  • Sustainability: 90
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 35.4%; rating input score 35
  • Program expense ratio: 90.2%; rating input score 90

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: 66.9%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 8.66; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 17.6% per year; rating input score 100; 72nd percentile among comparable filings
  • Revenue growth: -36.6% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -17.7% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 35.4% of revenue deployed · 90.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $42K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 filed related-organization links
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.