The Friends of the James Blackstone Memorial Library
Nonprofit profile at a glance
- EIN
- 061277783
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990-EZ 2024
- Location
- Branford, CT, USA
- Phone
- 2034812484
- Rating
- 65
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $161,655
- Expenses
- $136,851
- Assets
- $134,111
- Liabilities
- $602
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- BARBARA BARRETT (PRESIDENT)
People named in this filing
- BARBARA BARRETT (PRESIDENT)
- LINDA MILICI (VICE PRESIDE)
- DONNA MAZZUCCO (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-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The friends purpose is to focus public attention on the library, stimulate use of the library's resources and services, receive and encourage gifts, endowments, and bequests to the library, support and cooperate with the library in developing library services and facilities to benefit the community, lend legislative support where needed, support the freedom to read as expressed in the "american library assoc. Bill of rights."
What it reported doing in 2024
Scholarship to a library employee to further their higher education in
Operating model
- Revenue model
- Other-operating. 82% of the money available for current operations came from other operating revenue.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and program spending has grown recently. 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: 48
- Transparency & Controls: 82
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 44.6%; rating input score 45
- Program expense ratio: 52.2%; rating input score 52
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 15.3%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.98; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 47; 47th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 43.6% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: 11.1% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 12.5% per year; rating input score 100; 68th percentile among comparable filings
Details
- Where the money goes: 44.6% of revenue deployed · 52.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $71K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2017 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 45/100.
- Review — Financial Efficiency: Program expense ratio scored 52/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 47/100.