Walter T Mccarthy Law Library
Nonprofit profile at a glance
- EIN
- 510223964
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Arlington, VA, USA
- Phone
- 7032287005
- Rating
- 38
- Verdict
- REVIEW
- Rating confidence
- Moderate
Reported finances
- Revenue
- $91,147
- Expenses
- $74,061
- Assets
- $88,695
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- MARK THRASH (PRESIDENT)
People named in this filing
- KEVIN APPEL (DIRECTOR)
- MARNI BYRUM (DIRECTOR)
- MARK CUMMINGS (DIRECTOR)
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 library has existed for more than 45 years as a legal research library with a particular emphasis on Virginia materials. It is one of the few legal resources available to the general public in arlington which provides free access to local, state and federal materials through commercial legal databases and the services of a professional law librarian. The library operations are funded by a combination of authorized state court fees, county funds, contributions from the local bar association and fundraising activities.
What it reported doing in 2024
The walter t. Mccarthy law library is a public law library. It is a valuable legal resource for the arlington community. Its mission is to provide access to the law for all members of the community. The location of the library on the first floor of the courthouse provides optimal access to legal information for pro se litigants, as well as county residents, businesses, and others involved with the judicial system and legal matters.
Operating model
- Revenue model
- Earned-program. 75% of the money available for current operations came from fees and other program revenue.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. 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: 0
- Transparency & Controls: 82
- Sustainability: 63
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 18.7%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 1.2; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -67.5% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: 0.9% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: -0.5% per year; rating input score 0; 36th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2019 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.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.