Shrewsbury Public Library Foundation

Nonprofit profile at a glance

EIN: 208420415
IRS 990-EZ coverage: 2018–2025
Forms available: Form 990 2017, Form 990-EZ 2025, Form 990-N 2013
Location: Shrewsbury, MA, USA
Phone: 5088418609
Rating: 63
Verdict: SUPPORTED
Rating confidence: Moderate
Sector: Single Organization Support

Reported finances

Revenue: $59,802
Expenses: $26,498
Assets: $323,847
Liabilities: $1,500

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

Leadership & pay

15 people listed

People named in this filing

PRIYA RATHNAM (DIRECTOR)
MAURICE BOISVERT (CHAIR)
NANCY GILBERT (Trustee)

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 assist and supplement the building project, materials, programs, services and other special needs of the shrewsbury public library.

What it reported doing in 2025

Library support - initiated fundraising efforts for the benefit of the shrewsbury public library

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: 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 program spending has declined or grown slowly.

Rating breakdown

Financial Efficiency: 53
Transparency & Controls: 82
Sustainability: 80
Growth: 0

Detailed rating inputs

Financial Efficiency

Mission deployment rate: 35.7%; rating input score 36
Program expense ratio: 80.5%; rating input score 81

Transparency & Controls

Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
Major donor itemization: Limited

Sustainability

Operating margin: 55.7%; rating input score 92; 92nd percentile among comparable filings
Total-asset coverage ratio: 12.22; rating input score 93; 93rd percentile among comparable filings
Liabilities to assets ratio: 0; rating input score 27; 27th percentile among comparable filings
Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

Program expense growth: -17.1% per year; rating input score 0; 21st percentile among comparable filings
Revenue growth: -10.1% per year; rating input score 0; 24th percentile among comparable filings
Asset growth: -10.9% per year; rating input score 0; 16th percentile among comparable filings

Details

Where the money goes: 35.7% of revenue deployed · 80.5% of spending went to programs
Governance: Filed governance answers
Accomplishments: 1 filed program accomplishment · $21K in reported program spending
Leadership: top reported pay $0 · 15 people listed
Consistency: 8 of 8 current checks pass
Schedules: 2 filed schedules
Filing history: 8 filing years from 2018 to 2025
Contacts: How to reach this organization
Money network: Resolved incoming and outgoing counterparties from filed money flows.
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 36/100.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Liabilities to assets ratio scored 27/100.
Review — Sustainability: Officer compensation ratio scored 56/100.