Harriett M and William B Folsom Memorial Library A Nonprofit
Only null% goes to programs Strong reserves Growing revenue
Harriett M and William B Folsom Memorial Library A Nonprofit is a 501(c)(3) organization based in Brinkley, Arkansas, registered in 2005, with $30,202 in FY2024 revenue. CharityIndex grades it C+.
234 W Cedar St, Brinkley, AR, 72021 EIN 71-0329118 Since 2005
Revenue (FY2024)
$30K
▲ 27.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$28K
Net assets
$51K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 →—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 Harriett M and William B Folsom Memorial Library A Nonprofit— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating22 mo reserves · +6% 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 Harriett M and William B Folsom Memorial Library A Nonprofit: 22 mo reserves · +6% margin earns a A 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 Harriett M and William B Folsom Memorial Library A Nonprofit— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Harriett M and William B Folsom Memorial Library A Nonprofit: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 234 W Cedar St, Brinkley, AR, 72021
- City
- Brinkley
- State
- Arkansas
- Subcategory
- Public Foundations
Financial trends
Revenue grew from $19K (FY2021) to $30K (FY2024) across 4 reported years.
Financial snapshot
Financial health & position (FY2024)
Operating margin
6.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$51K
Net assets
$51K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $30,202▲27.2% | $28,299▲26.2% | $51,285▲3.9% | $51,285▲3.9% | 990EZ |
| 2023 | $23,746▼51.9% | $22,422▼4.9% | $49,382▲2.8% | $49,382▲2.8% | 990EZ |
| 2022 | $49,388▲166% | $23,587▲31.7% | $48,058▲116% | $48,058▲116% | 990EZ |
| 2021 | $18,600 | $17,912 | $22,257 | $22,257 | 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.
Grants received · $80K total
28 grants to Harriett M and William B Folsom Memorial Library A Nonprofit totaling $80K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Arkansas Community Foundation Inc | General operating support for the folsom library in brinkley | 2020 | $4,038 |
| Arkansas Community Foundation Inc | General operating support | 2020 | $4,038 |
| Arkansas Community Foundation Inc | General operating support for the folsom library in brinkley | 2019 | $4,070 |
| Arkansas Community Foundation Inc | General operating support for the folsom library in brinkley | 2019 | $4,070 |
| Arkansas Community Foundation Inc | Summer library program 2020 | 2019 | $2,000 |
| Arkansas Community Foundation Inc | To purchase new children's books for the library | 2019 | $600 |
| Arkansas Community Foundation Inc | General operating support | 2019 | $500 |
| Arkansas Community Foundation Inc | General operating support for the folsom library in brinkley | 2018 | $4,082 |
| Arkansas Community Foundation Inc | General operating support for the folsom library in brinkley | 2018 | $4,082 |
| Arkansas Community Foundation Inc | Summer reading program in brinkley for 2019 | 2018 | $2,000 |
| Arkansas Community Foundation Inc | General operating support for the folsom library in brinkley | 2017 | $4,000 |
| Arkansas Community Foundation Inc | General operating support for the folsom library in brinkley | 2017 | $4,000 |
| Arkansas Community Foundation Inc | Summer reading program for summer of 2018 | 2017 | $2,000 |
| Arkansas Community Foundation Inc | General operating support in memory of albert h. rusher | 2017 | $500 |
| Arkansas Community Foundation Inc | General operating support in memory of albert h. rusher | 2017 | $500 |
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Frequently asked questions
- Is Harriett M and William B Folsom Memorial Library A Nonprofit a legitimate nonprofit?
- Yes. Harriett M and William B Folsom Memorial Library A Nonprofit is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 71-0329118, based in Brinkley, Arkansas. Donations are tax-deductible.
- What is Harriett M and William B Folsom Memorial Library A Nonprofit's EIN?
- Harriett M and William B Folsom Memorial Library A Nonprofit's Employer Identification Number (EIN) is 71-0329118.
- How much revenue does Harriett M and William B Folsom Memorial Library A Nonprofit report?
- Harriett M and William B Folsom Memorial Library A Nonprofit reported $30,202 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Harriett M and William B Folsom Memorial Library A Nonprofit have?
- CharityIndex grades Harriett M and William B Folsom Memorial Library A Nonprofit C+, based on financial health (reserves and operating margin).
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Data for Harriett M and William B Folsom Memorial Library A Nonprofit (EIN 71-0329118) 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.