Hope Library Association

Tax-deductible

Hope, RI501(c)(3)Since 1966EIN 05-0462627

This page gets seen. Tell your story. Claim this org.

501(c)(3) charity; gifts are tax-deductible.
65¢ of each $1 spent went to programs.
Run by 11 volunteers and 18 employees.
Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average deficit $4K a year · 1% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
65%
of spending
Worth a look: 65% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$56K
to officers and key staff · 14% of spending
Looks good: pay to officers and key staff is 14% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
7 mo
of spending, in cash
Looks good: 7.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $37K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$18K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 5 voting members
Looks good: 5 of 5 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$443K
+14% vs prior year
Spent
$400K
To programs
65%
Net assets
$819K
By yearFY2020–FY2024
Revenue
$443K
FY2024▲ +14%
Revenue by fiscal year
FY2020$311K
FY2021$332K
FY2022$85K
FY2023$357K
FY2024$388K
FY2024$443K
Expenses
$400K
FY2024▲ +5%
Expenses by fiscal year
FY2020$358K
FY2021$320K
FY2022$83K
FY2023$351K
FY2024$380K
FY2024$400K
Net assets
$819K
FY2024▲ +6%
Net assets by fiscal year
FY2020$682K
FY2021$701K
FY2022$761K
FY2023$767K
FY2024$776K
FY2024$819K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1986.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $260K Management & general 32% · $128K Fundraising 3% · $10K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

7 people listed on the 990; $56K paid to officers and key staff.

Part VII, Section A · reportable compensation
$56,254Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Paula Dibiase———$69,432$69,000$67,000
Cora Morrigan$56,254$46,983$51,965———
Cora Morrigan———$5,000——

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.

See Hope Library Association executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers diverse materials, services, and programs for lifelong learning for all ages.

Provided by the organization

This section is blank until Hope Library Association claims this page.

Know this organization? Claim it to add your story

1 program service account for $260K of program spending, described in the organization's own filed words · FY2024.
01

The library offers a variety of programs and materials to educate, entertain, enrich and inform our patrons. Special emphasis is placed on stimulating childrens interest and appreciation for reading and learning. Hope library offers several daily programs, activities and library supplies for all ages.

$260Kprogram expense

Run this program? Claim this org to tell your story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$37K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$443K
Ln 12
Gifts and grantsLn 1h$429K
Investment incomeLn 3$7K
Other incomeLn 4–11$6K
Money outPt IX
$400K
Ln 25
Programscol B$260K
Managementcol C$128K
Fundraisingcol D$10K
Owns and owesPt X
$819K
net assets · Ln 32
Cash and savingsLn 1–2$233K
Total assetsLn 16$837K
LiabilitiesLn 26$18K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a5
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$429K
Government grantsLn 1e$372K
Investment incomeLn 3$7K
Other incomeLn 4–11$6K
Total revenueLn 12$443K
Assets in detailPt X, end of year
CashLn 1$5K
SavingsLn 2$228K
Cash and savings togetherLn 1–2$233K
Land, buildings, equipmentLn 10c$522K
Other assetsLn 15$61K
Total assetsLn 16$837K
LiabilitiesLn 26$18K
Net assetsLn 32$819K
OperationsPt I, VI
EmployeesI 518
VolunteersI 611
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$305K$233K
Land, buildings, equipmentLn 10c$410K$522K
Total assetsLn 16$790K$837K
LiabilitiesLn 26$14K$18K
Net assetsLn 32$776K$819K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$99K$18K$74K$5K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$107K$102K$5K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$24K$12K$12K
Payroll taxesLn 10$21K$10K$10K
Management feesLn 11a$0
Legal feesLn 11b$0
Accounting feesLn 11c$2K$2K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$2K$759$760
Office expensesLn 13$0
Information technologyLn 14$4K$4K
RoyaltiesLn 15$0
OccupancyLn 16$35K$17K$17K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$33K$33K
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$59K$51K$8K
All other expensesLn 24e$16K$16K
Total functional expensesLn 25$400K$260K$128K$10K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $388K$380K$9K$776K 990 PDF
FY2023 $357K$351K$6K$767K 990 PDF
FY2022 $85K$83K$2K$761K 990 PDF
FY2021 $332K$320K$12K$701K 990 PDF
FY2020 $311K$358K−$47K$682K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $442,667 across 8 lines filed
VIII-1b Membership dues$3,690
VIII-1e Government grants$372,401
VIII-1f All other contributions, gifts and grants$53,211
VIII-1h Total contributions, gifts and grants$429,302
VIII-3 Investment income$7,337
VIII-8 Net income from fundraising events$5,181
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)$847
VIII-12 Total revenue$442,667
Part IX · Statement of functional expenses $399,565 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $17,988 · Management $74,204 · Fundraising $4,947$98,939
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $101,977 · Fundraising $5,367$107,344
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $11,928 · Management $11,928$23,856
IX-10 Payroll taxesPrograms $10,266 · Management $10,265$20,531
IX-11a Management fees$0
IX-11b Legal fees$0
IX-11c Accounting feesManagement $1,929$1,929
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotionPrograms $759 · Management $760$1,519
IX-13 Office expenses$0
IX-14 Information technologyManagement $3,668$3,668
IX-15 Royalties$0
IX-16 OccupancyPrograms $17,345 · Management $17,344$34,689
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $32,615$32,615
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $50,855 · Management $7,798$58,653
IX-24e All other expensesPrograms $15,822$15,822
IX-25 Total functional expensesPrograms $259,555 · Management $127,896 · Fundraising $10,314$399,565
Part X · Balance sheet $836,600 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $2,173$4,563
X-2 Savings and temporary cash investmentsStart of year $302,565$228,310
X-3 Pledges and grants receivableStart of year $14,560$8,909
X-9 Prepaid expenses and deferred charges$11,245
X-10c Land, buildings and equipment, netStart of year $409,537$522,451
X-15 Other assetsStart of year $61,122$61,122
X-16 Total assetsStart of year $789,957$836,600
X-17 Accounts payable and accrued expensesStart of year $14,365$17,906
X-26 Total liabilitiesStart of year $14,365$17,906
X-27 Net assets without donor restrictionsStart of year $714,470$757,572
X-28 Net assets with donor restrictionsStart of year $61,122$61,122
X-32 Total net assets or fund balancesStart of year $775,592$818,694
X-33 Total liabilities and net assetsStart of year $789,957$836,600
Part XI · Reconciliation of net assets $818,694 net assets at year end
XI-1 Total revenue$442,667
XI-2 Total expenses$399,565
XI-3 Revenue less expenses$43,102
XI-4 Net assets at start of year$775,592
XI-10 Net assets at end of year$818,694

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.