Sno-isle Libraries Foundation

Nonprofit profile at a glance

EIN
912010318
IRS 990 coverage
2014–2025
Forms available
Form 990 2025
Location
Marysville, WA, USA
Phone
3606517000
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$907,336
Expenses
$622,346
Assets
$5,348,587
Liabilities
$0

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

Leadership & pay

23 people listed

Executive titles in this filing

  • JEANNE THORSEN (PRESIDENT)
  • HEATHER CROTEAU (VICE PRESIDENT)

People named in this filing

  • JEANNE THORSEN (PRESIDENT)
  • HEATHER CROTEAU (VICE PRESIDENT)
  • SAMI POSTMA (SECRETARY)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The sno-isle libraries foundation mobilizes people and resources to expand the reach of library services, promote civic engagement, and foster a lifetime of learning.

What it reported doing in 2025

Prime time, a program designed to build a lifelong love of learning, literacy, and leadership. Offered in partnership with sno-isle libraries foundation and humanities wa, prime time is a free, six-week, elementary-age reading program designed to engage, educate, and support children and their families.prime time enhances family engagement and develops critical thinking skills. Participants enjoy weekly reading and discussion groups guided by skilled facilitators. Discussion topics dig into major themes of children's literature including fairness, bravery, equality, and kindness. Families receive a shared meal or a grocery gift card, books to borrow, information about library resources, childcare for younger siblings, and books to keep for their home library.

Operating model

Revenue model
Donor-supported. 89% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 95% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 94
  • Accountability: 88
  • Sustainability: 85
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 57.3%; rating input score 57
  • Program expense ratio: 75.8%; rating input score 76
  • Fundraising efficiency: $19.05 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 78th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 31.4%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 8.59; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 88; 88th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 10.8% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 19% per year; rating input score 100; 81st percentile among comparable filings
  • Asset growth: 19.5% per year; rating input score 100; 78th percentile among comparable filings

Details

  • Where the money goes: 57.3% of revenue deployed · 75.8% of spending went to programs
  • Governance: 21 of 21 board members independent · 5 of 7 filing controls reported
  • Programs: 4 filed program accomplishments · $472K in reported program spending
  • Leadership: top reported pay $0 · 23 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 8 filed schedules · includes major donors and grants
  • Filing history: 11 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 57/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 54/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.