Friends of the Gorham-macbane Library Inc
Only null% goes to programs Thin reserves Declining revenue
Friends of the Gorham-macbane Library Inc is a 501(c)(3) organization based in Springfield, Tennessee, registered in 2004, with $86,968 in FY2016 revenue. CharityIndex grades it F.
405 White St, Springfield, TN, 37172 EIN 62-0755665 Since 2004
Revenue (FY2016)
$87K
▼ 76.2% vs prior year
Public Benefit median: $140K
Expenses (FY2016)
$229K
Net assets
$1,801
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
F
—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 Gorham-macbane 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 →
FFinancial health25% of the rating0 mo reserves · -163% 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 Gorham-macbane Library Inc: 0 mo reserves · -163% margin earns a F 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 Gorham-macbane 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 →
FTransparency10% of the rating0 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 Gorham-macbane Library Inc: 0 of 5 disclosure signals earns a F on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 405 White St, Springfield, TN, 37172
- City
- Springfield
- State
- Tennessee
- Category
- Public & Societal Benefit
- Subcategory
- Public Benefit Programs
Financial trends
Revenue declined from $275K (FY2013) to $87K (FY2016) across 4 reported years.
Financial snapshot
Financial health & position (FY2016)
Liabilities $0Net assets $1,801
Operating margin
-162.8%
Spent more than it raised in the latest fiscal year.
Total assets
$1,801
Total liabilities
$0
Net assets
$1,801
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2016 | $86,968▼76.2% | $228,562▼54.2% | $1,801▼98.8% | $1,801▼98.8% | 990EZ |
| 2015 | $364,734▲10.9% | $498,727▼54.6% | $144,979▼48.0% | $144,979▼48.0% | 990 |
| 2014 | $328,903▲19.8% | $1,098,288▲2485% | $278,972▼73.4% | $278,972▼73.4% | 990 |
| 2013 | $274,652 | $42,486 | $1,048,357 | $1,048,357 | 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 · $20K total
2 grants to Friends of the Gorham-macbane Library Inc totaling $20K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Fdn of Middle Tn Inc | For furnishing the louise rosson pepper room | 2015 | $10,000 |
| Community Foundation of Greater Memphis Inc | Genealogy area for louise rosson pepper | 2015 | $10,000 |
Similar organizations in Public Benefit
- Public Benefit
Friends of Pickwick Landing State Park
Savannah, TN
$0
annual revenue
- Public Benefit
Consumer Savers of America Inc
Chattanooga, TN
$0
annual revenue
- Public Benefit
Vets For Freedom Inc
Goodlettsvlle, TN
$0
annual revenue
- Public Benefit
Vietnam Veterans of America Inc
Cmbrlnd Frnce, TN
$0
annual revenue
Public Benefit
Education Public Policy and Consulting Global Mgmt Foundation
Antioch, TN
$0
Fannual revenue
- Public Benefit
Jellico Honor Guard
Jellico, TN
$0
annual revenue
- Public Benefit
Vietnam Veterans of America Inc
Soddy Daisy, TN
$0
annual revenue
- Public Benefit
Sons of Confederate Veterans Inc
Celina, TN
$0
annual revenue
- Public Benefit
Onyx Foundation Limited
Nashville, TN
$0
annual revenue
- Public Benefit
Annual Legislative Retreat Inc
Nashville, TN
$0
annual revenue
Compare Friends of the Gorham-macbane Library Inc
Frequently asked questions
- Is Friends of the Gorham-macbane Library Inc a legitimate nonprofit?
- Yes. Friends of the Gorham-macbane Library Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-0755665, based in Springfield, Tennessee. Donations are tax-deductible.
- What is Friends of the Gorham-macbane Library Inc's EIN?
- Friends of the Gorham-macbane Library Inc's Employer Identification Number (EIN) is 62-0755665.
- How much revenue does Friends of the Gorham-macbane Library Inc report?
- Friends of the Gorham-macbane Library Inc reported $86,968 in total revenue on its fiscal year 2016 IRS Form 990 filing.
- What financial grade does Friends of the Gorham-macbane Library Inc have?
- CharityIndex grades Friends of the Gorham-macbane Library Inc F, based on financial health (reserves and operating margin).
More nonprofits in Springfield
Explore more
Data for Friends of the Gorham-macbane Library Inc (EIN 62-0755665) 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.