Old Lyme-phoebe Griffin Noyes Library Assn
Only null% goes to programs Strong reserves Growing revenue
Old Lyme-phoebe Griffin Noyes Library Assn is a 501(c)(3) organization based in Old Lyme, Connecticut, registered in 1972, with $926,029 in FY2024 revenue. CharityIndex grades it C+.
2 Library Ln, Old Lyme, CT, 06371 EIN 23-7209074 Since 1972
Revenue (FY2024)
$926K
▲ 1.3% vs prior year
Education median: $200K
Expenses (FY2024)
$1.0M
Net assets
$10.3M
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 Old Lyme-phoebe Griffin Noyes Library Assn— 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 rating118 mo reserves · -13% 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 Old Lyme-phoebe Griffin Noyes Library Assn: 118 mo reserves · -13% 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 Old Lyme-phoebe Griffin Noyes Library Assn— 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 Old Lyme-phoebe Griffin Noyes Library Assn: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2 Library Ln, Old Lyme, CT, 06371
- City
- Old Lyme
- State
- Connecticut
- Category
- Education
- Subcategory
- Educational Services
- Website
- …
Financial trends
Revenue grew from $694K (FY2014) to $926K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $49KNet assets $10.3M
Operating margin
-13.0%
Spent more than it raised in the latest fiscal year.
Total assets
$10.3M
Total liabilities
$49K
Net assets
$10.3M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $926,029▲1.3% | $1,046,746▼0.4% | $10,283,564▲2.4% | $10,332,272▲2.5% | 990 |
| 2023 | $914,093▲13.4% | $1,051,461▲9.9% | $10,043,506▲3.9% | $10,077,471▲3.8% | 990 |
| 2022 | $805,813▲15.3% | $956,563▼1.1% | $9,663,990▲0.5% | $9,705,578▲0.5% | 990 |
| 2021 | $698,853▼34.2% | $967,493▲6.5% | $9,615,633▼9.2% | $9,658,553▼9.9% | 990 |
| 2020 | $1,062,527▼71.6% | $908,071▲13.3% | $10,595,447▲10.2% | $10,718,244▲8.0% | 990 |
| 2019 | $3,745,093▲128% | $801,358▼2.9% | $9,614,224▲43.8% | $9,919,949▲47.8% | 990 |
| 2018 | $1,645,536▲98.2% | $825,473▼1.6% | $6,687,339▲13.0% | $6,711,803▲12.8% | 990 |
| 2017 | $830,431▲35.4% | $838,668▲0.6% | $5,919,503▲2.3% | $5,949,174▲2.0% | 990 |
| 2016 | $613,406▼7.0% | $833,374▲10.3% | $5,786,379▲2.3% | $5,834,276▲2.6% | 990 |
| 2015 | $659,453▼5.0% | $755,785▲1.2% | $5,658,599▼4.2% | $5,688,152▼4.1% | 990 |
| 2014 | $694,161 | $746,732 | $5,908,716 | $5,930,223 | 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 · $112K total
10 grants to Old Lyme-phoebe Griffin Noyes Library Assn totaling $112K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Educational | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $8,073 |
| American Endowment Foundation | Educational | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $8,225 |
| American Online Giving Foundation Inc | General support | 2023 | $6,260 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $5,375 |
| American Endowment Foundation | General operating support | 2021 | $20,000 |
| American Online Giving Foundation Inc | General support | 2021 | $5,136 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2019 | $17,950 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2018 | $21,250 |
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Frequently asked questions
- Is Old Lyme-phoebe Griffin Noyes Library Assn a legitimate nonprofit?
- Yes. Old Lyme-phoebe Griffin Noyes Library Assn is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7209074, based in Old Lyme, Connecticut. Donations are tax-deductible.
- What is Old Lyme-phoebe Griffin Noyes Library Assn's EIN?
- Old Lyme-phoebe Griffin Noyes Library Assn's Employer Identification Number (EIN) is 23-7209074.
- How much revenue does Old Lyme-phoebe Griffin Noyes Library Assn report?
- Old Lyme-phoebe Griffin Noyes Library Assn reported $926,029 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Old Lyme-phoebe Griffin Noyes Library Assn have?
- CharityIndex grades Old Lyme-phoebe Griffin Noyes Library Assn C+, based on financial health (reserves and operating margin).
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Data for Old Lyme-phoebe Griffin Noyes Library Assn (EIN 23-7209074) 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.