Township of Monroe Friends of the Library Incorporated
Nonprofit profile at a glance
- EIN
- 223029525
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Monroe Twsp, NJ, USA
- Phone
- 7325215000
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Libraries
Reported finances
- Revenue
- $30,233
- Expenses
- $19,954
- Assets
- $34,408
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- FRANCINE KITTS (PRESIDENT)
People named in this filing
- LEAH WAGNER (LIBRARY DIRE)
- JOYCE RAGUCCI (IMMEDIATE PA)
- FRANCINE KITTS (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
Support & enhance library operation
What it reported doing in 2024
Pass program: purchase passes to various museums/attractions on behalf of the library periodical program: purchase various periodical subscriptions on behalf of the library
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 82
- Sustainability: 64
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.9%; rating input score 58
- Program expense ratio: 87.7%; rating input score 88
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 34%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 1.72; rating input score 61; 61st 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: 4.3% per year; rating input score 100; 60th percentile among comparable filings
- Revenue growth: 3.9% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: -1.4% per year; rating input score 0; 33rd percentile among comparable filings
Details
- Where the money goes: 57.9% of revenue deployed · 87.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $17K in reported program spending
- Leadership: top reported pay $0 · 18 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- 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 58/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.