Friends of the Gladys E Kelly Public Library Inc
Only null% goes to programs Strong reserves Growing revenue
Friends of the Gladys E Kelly Public Library Inc is a 501(c)(3) organization based in Webster, Massachusetts, registered in 2006, with $148,893 in FY2024 revenue. CharityIndex grades it C+.
2 Lake St, Webster, MA, 01570 EIN 14-1930471 Since 2006
Revenue (FY2024)
$149K
▲ 33.4% vs prior year
Education median: $200K
Expenses (FY2024)
$179K
Net assets
$2.0M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
—Program efficiency40% of the ratingNo expense breakdown in filings
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 Gladys E Kelly Public Library Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating137 mo reserves · -20% margin
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 Gladys E Kelly Public Library Inc: 137 mo reserves · -20% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Gladys E Kelly Public Library Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
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 Gladys E Kelly Public Library Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 2 Lake St, Webster, MA, 01570
- City
- Webster
- State
- Massachusetts
- Category
- Education
- Subcategory
- Support Foundations & Fundraising
- Website
- …
Financial trends
Revenue declined from $372K (FY2017) to $149K (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $2.0M
Operating margin
-20.2%
Spent more than it raised in the latest fiscal year.
Total assets
$2.0M
Total liabilities
$0
Net assets
$2.0M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $148,893▲33.4% | $179,024▲36.2% | $2,036,782▲5.7% | $2,036,782▲5.7% | 990 |
| 2023 | $111,597▼10.0% | $131,444▲3.4% | $1,926,644▲14.8% | $1,926,644▲14.8% | 990 |
| 2022 | $123,968▲29.6% | $127,079▲17.5% | $1,678,776▲0.6% | $1,678,776▲0.6% | 990 |
| 2021 | $95,685▲17.9% | $108,143▲36.7% | $1,668,833▼7.5% | $1,668,833▼7.5% | 990 |
| 2020 | $81,165▼84.7% | $79,122▼1.6% | $1,804,304▲26.2% | $1,804,304▲26.2% | 990 |
| 2019 | $529,631▲42.5% | $80,407▲5407% | $1,429,251▲113% | $1,429,251▲113% | 990 |
| 2017 | $371,685 | $1,460 | $670,536 | $670,536 | 990 |
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.
Grants received · $10K total
1 grant to Friends of the Gladys E Kelly Public Library Inc totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
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Frequently asked questions
- Is Friends of the Gladys E Kelly Public Library Inc a legitimate nonprofit?
- Yes. Friends of the Gladys E Kelly Public Library Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 14-1930471, based in Webster, Massachusetts. Donations are tax-deductible.
- What is Friends of the Gladys E Kelly Public Library Inc's EIN?
- Friends of the Gladys E Kelly Public Library Inc's Employer Identification Number (EIN) is 14-1930471.
- How much revenue does Friends of the Gladys E Kelly Public Library Inc report?
- Friends of the Gladys E Kelly Public Library Inc reported $148,893 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Friends of the Gladys E Kelly Public Library Inc have?
- CharityIndex grades Friends of the Gladys E Kelly Public Library Inc C+, based on financial health (reserves and operating margin).
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Data for Friends of the Gladys E Kelly Public Library Inc (EIN 14-1930471) 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.