Link to Libraries INC FY2023 filing
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Donates books to underserved elementary and preschools in Western MA and Northern CT to enhance children's language and literacy skills. For fiscal year 2023 it reported $259K in revenue, $199K in expenses, and $573K in net assets.Pt I
Summary of the Filing
Where the work happens
To purchase, collect and donate new and gently used books to public elementary and preschools and not-for-profit organizations located in underserved communities - those with at least 80 of their children on free or reduced lunch in Western MA and Northern CT.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Laurie Flynn’s $75K as President is at the 67th percentile of top reported officer pay among 1615 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Laurie Flynn | $75,000 | $75,000 | — | — | — |
| Laurie Flynn | — | — | $75,000 | $70,000 | $70,000 |
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.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 42% | — | — |
| Overhead ratio | 56% | — | — |
| Fundraising cost ratio | 2% | — | — |
| Revenue growth | 45% | — | — |
| Investment management fee ratio | 0% | — | — |
| Legal fee ratio | 0% | — | — |
| Accounting fee ratio | 9% | — | — |
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.
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