Friends of the Broward County African-american Research Library is a 501(c)(3) organization based in Ft Lauderdale, Florida, registered in 2015, with $555,008 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$555K
▲ 815.4% vs prior year
Education median: $200K
Expenses (FY2024)
$166K
Net assets
$480K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Friends of the Broward County African-american Research Library— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Friends of the Broward County African-american Research Library: 35 mo reserves · +70% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Friends of the Broward County African-american Research Library— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Friends of the Broward County African-american Research Library: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $55K (FY2015) to $555K (FY2024) across 10 reported years.
Financial snapshot
Operating margin
70.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$481K
Total liabilities
$475
Net assets
$480K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $555,008▲815% | $166,163▲120% | $480,148▲390% | $480,623▲390% | 990 |
| 2023 | $60,627▼38.4% | $75,376▼37.2% | $98,050▼13.3% | $98,050▼13.3% | 990EZ |
| 2022 | $98,382▼32.0% | $119,990▲8.4% | $113,109▼16.0% | $113,109▼16.0% | 990EZ |
| 2021 | $144,641▲109% | $110,679▲61.5% | $134,717▲33.7% | $134,717▲33.7% | 990EZ |
| 2020 | $69,371▼7.9% | $68,549▲27.0% | $100,755▼37.3% | $100,765▼37.3% | 990EZ |
| 2019 | $75,331▼31.6% | $53,995▼5.0% | $160,638▲15.3% | $160,638▲15.3% | 990EZ |
| 2018 | $110,071▲122% | $56,839▲32.8% | $139,302▲61.8% | $139,302▲61.8% | 990EZ |
| 2017 | $49,684▼23.2% | $42,787▼46.5% | $86,070▲15.0% | $86,070▲15.0% | 990EZ |
| 2016 | $64,660▲16.5% | $79,992▲38.8% | $74,860▼16.1% | $74,860▼16.1% | 990EZ |
| 2015 | $55,496 | $57,650 | $89,199 | $89,199 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Friends of the Broward County African-american Research Library (EIN 56-2449270) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.