Moore Free Library EIN 03-0290733

Moore Free Library

EIN  03-0290733 Public charity (501(c)(3)) Newfane, VT
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
Provides access to books and visual art.
Leadership
Marie Tattersall · Treasurer
Money in and out
$95K revenue, $118K expenses
Bottom line
88% program efficiency

Provides access to books and visual art. For fiscal year 2025 it reported $95K in revenue, $118K in expenses, and $623K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$95K
Pt VIII · Ln 12
Total expenses
$118K
Pt IX · Ln 25
Net assets
$623K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$23K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.05 Fundraising $0.06
Program efficiency
88%
of spending reaches programs▼ -5% vs prior filing year
Operating runway
37.6mo
months of highly liquid reserves at operating expense rate▼ -2% vs prior filing year
Surplus margin
-25%
revenue over expenses, this year▼ -381% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$95K
FY2025▼ -37%
Expenses
$118K
FY2025▼ -13%
Total assets
$623K
FY2025▼ -4%
Total liabilities
$778
FY2025▼ -51%
Total revenue
$95K
Pt VIII · Ln 12
Total expenses
$118K
Pt IX · Ln 25
Net assets
$623K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$23K
Total assetsPt X · Ln 16$623K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

1 program service account for $104K of program spending, described in the organization's own filed words · FY2024.
01

This organization operates the only library in Newfane, VT, population 1645. It provides educational activities and incentives for students. It also maintains a gallery that houses a collection of works by Vermont artists. It is developing a digital system to record peoples memories for historical preservation.

$104Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMoore Free Library
EINHdr · item D03-0290733
Principal addressHdr · item CNewfane, VT
WebsiteHdr · item Jwww.moorefreelibrary.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MVT
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFFeb 1999

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
President & Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2023FY2022
Karen Cawrse$972$450

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$71K · 75%
Investment income$16K · 17%
Other revenue$7K · 7%
Program service revenue$1K · 1%
Contributions & grants75%$71K
Investment income17%$16K
Other revenue7%$7K
Program service revenue1%$1K
— government grantsLn 1e$5K
Total revenueLn 12$95K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.05 Fundraising $0.06
Program services88%$104K
Management & general5%$6K
Fundraising6%$8K
Total functional expensesLn 25$118K

Balance Sheet

Part X · end of year
CashLn 1$41K
Total assetsLn 16$623K
Total liabilitiesLn 26$778
Total net assetsLn 32$623K
Months of cash on handcomputed4.2

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $370K · Operating expenses/yr $118K
37.6 months
Where the money goes
Program services
Program services $104K · Total expenses $118K
88%
Management & General
Management & general $6K · Total expenses $118K
5%
Fundraising
Fundraising $8K · Total expenses $118K
6%
Cost to raise $1
Fundraising expense (3-yr avg) $6K · Solicited contributions (3-yr avg) $106K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $71K · Total revenue $95K
75%
Government reliance
Government grants $5K · Total revenue $95K
6%
Earned-income share
Program service revenue $1K · Total revenue $95K
1%
Investment reliance
Investment income $16K · Total revenue $95K
+17%
Program self-sufficiency
Program service revenue $1K · Total expenses $118K
1%
Growth & trend
Revenue growth (YoY)
This year $95K · Prior year $149K
-37%
Revenue CAGR
FY2019 $109K · FY2024 $95K
-3%
Net-asset trend (YoY)
End of year $623K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $95K · Expenses $118K
-25%
Liabilities-to-Assets
Total liabilities — · Total assets $623K
Net-asset ratio
Net assets $623K · Total assets $623K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $329K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $623K
53%
People & payroll
Highest Reported Total Compensation
Individual Marie Tattersall · Reported title Treasurer · Highest reported compensation $0 · Total expenses $118K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $40K · Total expenses $118K
34%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 5%
Fundraising cost ratio 11%
Revenue growth -37%
Investment management fee ratio 1%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$85K
Grants paid · 5 grants · $60K · 2020–2024
Unitemized GrantFY2024$12,000
Unitemized GrantFY2023$12,000
Unitemized GrantFY2022$12,000
Unitemized GrantFY2021$12,000
Unitemized GrantFY2020$12,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$95K revenue · viewing · ⤓ 990 PDF
FY2024$149K revenue · ⤓ 990 PDF
FY2023$235K revenue · ⤓ 990 PDF
FY2022$115K revenue · ⤓ 990 PDF
FY2021$161K revenue · ⤓ 990 PDF
FY2020$109K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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