Friends of the Library-ponte Vedra Beach Inc
Only null% goes to programs Strong reserves Growing revenue
Friends of the Library-ponte Vedra Beach Inc is a 501(c)(3) organization based in Ponte Vedra, Florida, registered in 1990, with $173,623 in FY2024 revenue. CharityIndex grades it B.
Po Box 744, Ponte Vedra, FL, 32004 EIN 59-2998576 Since 1990
Revenue (FY2024)
$174K
▲ 3.9% vs prior year
Education median: $200K
Expenses (FY2024)
$95K
Net assets
$865K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 Library-ponte Vedra Beach Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating109 mo reserves · +45% 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 Library-ponte Vedra Beach Inc: 109 mo reserves · +45% margin earns a B+ 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 Library-ponte Vedra Beach 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 Library-ponte Vedra Beach Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 744, Ponte Vedra, FL, 32004
- City
- Ponte Vedra
- State
- Florida
- Category
- Education
- Subcategory
- Libraries
- Website
- …
Financial trends
Revenue grew from $110K (FY2013) to $174K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $865K
Operating margin
45.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$865K
Total liabilities
$0
Net assets
$865K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $173,623▲3.9% | $94,967▼12.7% | $864,525▲16.4% | $864,525▲16.4% | 990 |
| 2023 | $167,094▲40.7% | $108,782▲16.5% | $742,495▲14.8% | $742,495▲14.8% | 990 |
| 2022 | $118,774▲21.5% | $93,392▲44.9% | $646,545▼12.0% | $646,545▼12.0% | 990 |
| 2021 | $97,749▲20.6% | $64,432▼10.5% | $734,522▲9.9% | $734,522▲9.9% | 990 |
| 2020 | $81,069▼33.8% | $72,009▼22.6% | $668,614▲4.4% | $668,614▲4.4% | 990 |
| 2019 | $122,424▼0.3% | $93,079▼18.2% | $640,502▲17.0% | $640,502▲17.0% | 990 |
| 2018 | $122,754▼10.7% | $113,773▲28.6% | $547,298▼10.2% | $547,298▼10.2% | 990 |
| 2017 | $137,443▲3.8% | $88,488▼23.4% | $609,720▲20.6% | $609,720▲20.6% | 990 |
| 2016 | $132,448▼0.4% | $115,466▼52.9% | $505,366▲3.4% | $505,366▲3.4% | 990 |
| 2015 | $132,941▲10.9% | $245,392▲174% | $488,569▼25.6% | $488,569▼25.6% | 990 |
| 2014 | $119,907▲9.0% | $89,606▼11.3% | $656,786▲3.9% | $656,786▲3.9% | 990 |
| 2013 | $110,013 | $101,024▲22.5% | $632,227▲12.4% | $632,227▲12.4% | 990 |
| 2012 | — | $82,441▼25.6% | $562,341▲10.7% | $562,341▲10.7% | 990 |
| 2011 | — | $110,849▲38.7% | $508,209▼8.7% | $508,209▼8.7% | 990 |
| 2010 | — | $79,906 | $556,387 | $556,387 | 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.
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Frequently asked questions
- Is Friends of the Library-ponte Vedra Beach Inc a legitimate nonprofit?
- Yes. Friends of the Library-ponte Vedra Beach Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-2998576, based in Ponte Vedra, Florida. Donations are tax-deductible.
- What is Friends of the Library-ponte Vedra Beach Inc's EIN?
- Friends of the Library-ponte Vedra Beach Inc's Employer Identification Number (EIN) is 59-2998576.
- How much revenue does Friends of the Library-ponte Vedra Beach Inc report?
- Friends of the Library-ponte Vedra Beach Inc reported $173,623 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Friends of the Library-ponte Vedra Beach Inc have?
- CharityIndex grades Friends of the Library-ponte Vedra Beach Inc B, based on financial health (reserves and operating margin).
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Data for Friends of the Library-ponte Vedra Beach Inc (EIN 59-2998576) 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.