FRIENDS OF BELMONT PUBLIC LIBRARY INC Charity Report

Public IRS 990 nonprofit record

FRIENDS OF BELMONT PUBLIC LIBRARY INC

EIN 22-3113684 · Education (B70I)

What they do

IN ORDER to FULFILL OUR MISSION, WE:RAISE FUNDS FROM THE COMMUNITY THROUGH MEMBERSHIP CONTRIBUTIONS, THROUGH SOLICITATION of OTHER GIFTS and BEQUESTS, and THROUGH OUR BOOK SALES and OTHER EVENTS;WORK COLLABORATIVELY WITH THE LIBRARY STAFF and TRUSTEES to DEVELOP PLANS and BUDGETS to FUND and SUPPORT THE LIBRARYS PROGRAMS, INITIATIVES, and RESOURCE NEEDS THAT REFLECT and RESPOND to THE COMMUNITYS EDUCATIONAL and PERSONAL INTERESTS, CULTURAL DIVERSITY, and THE ONGOING INNOVATION of THE LIBRARY;FOSTER AWARENESS and APPRECIATION for THE VITAL ROLE THE FRIENDS PLAY IN ENHANCING OUR LIBRARYS PROGRAMS and SERVICES;ENHANCE COMMUNITY AWARENESS of THE LIBRARY and ITS SERVICES and PROGRAMS THROUGH FRIENDS SPONSORED PROGRAMS, TARGETED MESSAGES and ACTING AS PERSONAL AMBASSADORS for THE LIBRARY IN OUR COMMUNITY;PROVIDE VOLUNTEER SERVICES IN SUPPORT of THE LIBRARY, INCLUDING ACTIVITIES SUCH AS GROUNDS BEAUTIFICATION and SUPPLEMENTAL STAFFING for FRIENDS-SPONSORED SPECIAL EVENTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $50.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

41.90%of revenue went to mission work50.4% of expenses · Program services

$83.14spent for every $100 of revenueRevenue covered expenses this year.

41.24%of revenue went to management and office costs49.6% of expenses

$17.48in assets for every $1 spent this yearSome assets cannot be spent right away.

72.9%of its money came from giftsOther money may come from services or investments.

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Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$57,772

Mission workProgram services$24,20541.90% of revenue50.4% of expenses

ManagementOffice and general costs$23,82841.24% of revenue49.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$9,73916.86% of revenueShown in gray on the chart

Total expenses$48,03383.14% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 50.4% mission · 49.6% management · 0.0% fundraisingTotal expenses: 83.14% of revenue

2023Expense mix: 59.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 55.97% of revenue

2022Expense mix: 64.1% mission · 0.0% management · 0.0% fundraisingTotal expenses: 73.17% of revenue

2021Expense mix: 78.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 59.06% of revenue

2020Expense mix: 83.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 30.34% of revenue

2019Expense mix: 69.3% mission · 0.0% management · 0.0% fundraisingTotal expenses: 70.85% of revenue

2018Expense mix: 62.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 92.92% of revenue

Money in and money out

Revenue$57,772

Expenses$48,033

Annual surplus $9,739 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$24,205 · 50.4% of expenses

Management and office costs$23,828 · 49.6% of expenses

See all reported dollar amounts

Revenue$57,772

Expenses$48,033

Assets$839,700

Income$57,772

Contributions$42,094

Mission work (program services)$24,205

Management and general$23,828

Accounting fees$1,505

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (19)

MARGERY MILLERDIRECTOR

ZHENZHEN ZHANGDIRECTOR

WENDY CONROYSECRETARY

TONY KASTORDIRECTOR

STEPHANIE CAHOONDIRECTOR

ROBIN RATCLIFFDIRECTOR

PATRICIA HURLEYVICE PRESIDENT

PAMELA DELALLADIRECTOR

NANCY DIGNANCO-TREASURER

MARIE MABARDIDIRECTOR

BEATRIX KASTORDIRECTOR

LOUISE HALSTEADDIRECTOR

LIZ GRAYDIRECTOR

LEIGH KENNEYDIRECTOR

KRISTEN CARTE-SMITHDIRECTOR

KABIN SHRESTHACO-TREASURER

HANNAH FISCHERDIRECTOR

DIANE COULOPOULOSDIRECTOR

CYNDI REITMEYERPRESIDENT

About this charity

Recognized since: January 1995
Location: 336 CONCORD AVE, BELMONT, MA 02478-3032
County: Middlesex
In care of: % TREASURER
Primary officer: CYNDI REITMEYER, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(617) 489-2000 Officer phone(617) 407-3034

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: ANGELA J MUSI CPA
NTEE classification: Education (B70I)
IRS tax category: Other Grantmaking and Giving Services