Civic Intelligence

Friends of Belmont Public Library Inc

EIN 22-3113684 • 501(c)3 • Belmont, MA

Profile

Celebrating its 50th anniversary in 2022, the friends of the belmont public library (fobpl) promotes, enhances and supports programs and services that advance our library's mission to foster literacy and lifelong learning. As a nonprofit, charitable 501(c)(3), the fobpl is an all-volunteer organization that raises funds from individual membership donations and book sales. We fund the purchase of boston-area museum passes, summer reading programs for children, teens and adults, 3d printing classes, english conversation circles, author series, music series, the one book one belmont community read, and other important gifts to the library.

336 Concord AvenueBelmont, MA 02478

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

88th percentile

44%

Higher net margin than 88% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

70th percentile

12%

Faster asset growth than 70% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

27th percentile

-30%

Faster revenue growth than 27% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$235,571

Up $25,659 (+12%) from 2023

Liabilities

Down

$0

Down $61 (-100%) from 2023

Net Assets

Up

$235,571

Up $25,720 (+12%) from 2023

Revenue

Down

$58,421

Down $24,699 (-30%) from 2023

Expenses

Down

$32,701

Down $28,118 (-46%) from 2023

Net Income

Up

$25,720

Up $3,419 (+15%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$300K$200K$100K$0Assets 2011: $107,373Net Assets 2011: $107,3732011Assets 2012: $116,567Liabilities 2012: $02012Assets 2013: $129,197Liabilities 2013: $02013Assets 2014: $134,622Liabilities 2014: $02014Assets 2015: $125,944Liabilities 2015: $1762015Assets 2016: $177,687Liabilities 2016: $1762016Assets 2017: $73,209Liabilities 2017: $2462017Assets 2018: $70,686Liabilities 2018: $1962018Assets 2019: $74,568Liabilities 2019: $140Net Assets 2019: $74,4282019Assets 2020: $92,316Liabilities 2020: $61Net Assets 2020: $92,2552020Assets 2021: $154,571Liabilities 2021: $61Net Assets 2021: $154,5102021Assets 2022: $187,641Liabilities 2022: $137Net Assets 2022: $187,5042022Assets 2023: $209,912Liabilities 2023: $61Net Assets 2023: $209,8512023Assets 2024: $235,571Liabilities 2024: $0Net Assets 2024: $235,5712024

Highlighted filing

2024

Assets$235,571
Liabilities$0
Net Assets$235,571

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100K-$200KRevenue 2011: $48,002Expenses 2011: $26,600Net Income 2011: $21,4022011Revenue 2012: $52,635Expenses 2012: $43,441Net Income 2012: $9,1942012Revenue 2013: $52,164Expenses 2013: $39,534Net Income 2013: $12,6302013Revenue 2014: $47,948Expenses 2014: $42,523Net Income 2014: $5,4252014Revenue 2015: $47,419Expenses 2015: $56,273Net Income 2015: -$8,8542015Revenue 2016: $125,378Expenses 2016: $73,635Net Income 2016: $51,7432016Revenue 2017: $46,201Expenses 2017: $150,749Net Income 2017: -$104,5482017Revenue 2018: $54,364Expenses 2018: $56,837Net Income 2018: -$2,4732018Revenue 2019: $55,010Expenses 2019: $51,115Net Income 2019: $3,8952019Revenue 2020: $60,162Expenses 2020: $42,625Net Income 2020: $17,5372020Revenue 2021: $89,373Expenses 2021: $27,118Net Income 2021: $62,2552021Revenue 2022: $80,593Expenses 2022: $47,599Net Income 2022: $32,9942022Revenue 2023: $83,120Expenses 2023: $60,819Net Income 2023: $22,3012023Revenue 2024: $58,421Expenses 2024: $32,701Net Income 2024: $25,7202024

Highlighted filing

2024

Revenue$58,421
Expenses$32,701
Net Income$25,720

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.36$0.00$2.36$0.58$0.33$0.26
2023Detailed filing. Detailed filing data is available for this year.$2.10$0.00$2.10$0.83$0.61$0.22
2022Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$0.81$0.48$0.33
2021Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.89$0.27$0.62
2020Detailed filing. Detailed filing data is available for this year.$0.92$0.00$0.92$0.60$0.43$0.18
2019Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.74$0.55$0.51$0.04
2018Summary only. Only limited summary data is available for this year.$0.71$0.00$0.54$0.57$0.02
2017Summary only. Only limited summary data is available for this year.$0.73$0.00$0.46$1.51$1.05
2016Summary only. Only limited summary data is available for this year.$1.78$0.00$1.25$0.74$0.52
2015Summary only. Only limited summary data is available for this year.$1.26$0.00$0.47$0.56$0.09
2014Summary only. Only limited summary data is available for this year.$1.35$0.00$0.48$0.43$0.05
2013Summary only. Only limited summary data is available for this year.$1.29$0.00$0.52$0.40$0.13
2012Summary only. Only limited summary data is available for this year.$1.17$0.00$0.53$0.43$0.09
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.07$1.07$0.48$0.27$0.21
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2023 to Aug 31, 2024
Signed
Dec 23, 2024
Return Version
2023v5.1
Gross Receipts
$58,896
Mission and Program Overview

Mission

Celebrating its 50th anniversary in 2022, the friends of the belmont public library (fobpl) promotes, enhances and supports programs and services that advance our library's mission to foster literacy and lifelong learning. As a nonprofit, charitable 501(c)(3), the fobpl is an all-volunteer organization that raises funds from individual membership donations and book sales. We fund the purchase of boston-area museum passes, summer reading programs for children, teens and adults, 3d printing classes, english conversation circles, author series, music series, the one book one belmont community read, and other important gifts to the library. During the current covid-19 pandemic, the fobpl facilitated online library programming with the purchase of zoom video conferencing accounts and "take-home" kits for teen and adult programs to bring the belmont community together safely. In addition, the fobpl funded landscaping enhancements and new wayfinding signage.

Celebrating its 50th anniversary in 2022, the friends of the belmont public library (fobpl) promotes, enhances and supports programs and services that advance our library's mission to foster literacy and lifelong learning. As a nonprofit, charitable 501(c)(3), the fobpl is an all-volunteer organization that raises funds from individual membership donations and book sales. We fund the purchase of boston-area museum passes, summer reading programs for children, teens and adults, 3d printing classes, english conversation circles, author series, music series, the one book one belmont community read, and other important gifts to the library.

Program Services

DescriptionGrantsExpenses
LIBRARY PROGRAMS-ADULTS$0$9,236
LIBRARY MEMBERSHIP- MUSEUMS$0$8,180
OTHER PROGRAMS$0$1,878
LIBRARY PROGRAMS-YOUNG ADULTS$1,738$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
STEPHANIE CAHOONDirector At LargePT$0--
MAX COLICEDirector At LargePT$0--
DIANE COULOPOULOSDirector At LargePT$0--
NANCY DIGNANDirector At LargePT$0--
HANNAH FISCHERDirector At LargePT$0--
LIZ GRAYDirector At LargePT$0--
LOUISE HALSTEADDirector At LargePT$0--
PATRICIA HURLEYDirector At LargePT$0--
BEATRIX KASTORDirector At LargePT$0--
TONY KASTORDirector At LargePT$0--
LEIGH KENNEYDirector At LargePT$0--
MARIE MABARDIDirector At LargePT$0--
Filing and Contact Details

Filer

Filer Name
Friends of Belmont Public Library Inc
EIN
22-3113684
Phone
6174892000
Address
336 CONCORD AVENUE, BELMONT, MA 02478

Signing Officer

Name
Cyndi Reitmeyer
Title
Treasurer
Phone
6174073034
Signed
2024-12-23
Discuss with paid preparer
Yes

Preparer

Firm
Angela J Musi CPA
Address
16 ESSEX ROAD, BELMONT, MA 02478
Preparer
Angela J Musi CPA
Phone
6174843159
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 4,502.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: bank fees. Amount: 30. Description: belmont high scholarship. Amount: 500. Description: chenery upper school book award. Amount: 270. Description: donations/gifts. Amount: 635. Description: membership expense. Amount: 3,181. Description: organizational (corp)expenses. Amount: 384. Description: office expense. Amount: 976. Description: progran services. Amount: 21,032. Description: beautification. Amount: 249. Description: staff meetings/development. Amount: 2,412. Description: technology expense. Amount: 388. Description: website expense. Amount: 1,046. Description: 50th anniversary events. Amount: 618. Total to form 990-ez, line 16: 31,721.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid expense. Beg. Of year amount: 1,150. End of year amount: 0.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: sunshine fund. Beg. Of year amount: 61. End of year amount: 0.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0CELEBRATING ITS 50TH ANNIVERSARY IN 2022, THE FRIENDS OF THE BELMONT PUBLIC LIBRARY (FOBPL) PROMOTES, ENHANCES AND SUPPORTS PROGRAMS AND SERVICES THAT ADVANCE OUR LIBRARY'S MISSION TO FOSTER LITERACY AND LIFELONG LEARNING. AS A NONPROFIT, CHARITABLE 501(C)(3), THE FOBPL IS AN ALL-VOLUNTEER ORGANIZATION THAT RAISES FUNDS FROM INDIVIDUAL MEMBERSHIP DONATIONS AND BOOK SALES. WE FUND THE PURCHASE OF BOSTON-AREA MUSEUM PASSES, SUMMER READING PROGRAMS FOR CHILDREN, TEENS AND ADULTS, 3D PRINTING CLASSES, ENGLISH CONVERSATION CIRCLES, AUTHOR SERIES, MUSIC SERIES, THE ONE BOOK ONE BELMONT COMMUNITY READ, AND OTHER IMPORTANT GIFTS TO THE LIBRARY.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 4,502.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANK FEES. AMOUNT: 30. DESCRIPTION: BELMONT HIGH SCHOLARSHIP. AMOUNT: 500. DESCRIPTION: CHENERY UPPER SCHOOL BOOK AWARD. AMOUNT: 270. DESCRIPTION: DONATIONS/GIFTS. AMOUNT: 635. DESCRIPTION: MEMBERSHIP EXPENSE. AMOUNT: 3,181. DESCRIPTION: ORGANIZATIONAL (CORP)EXPENSES. AMOUNT: 384. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 976. DESCRIPTION: PROGRAN SERVICES. AMOUNT: 21,032. DESCRIPTION: BEAUTIFICATION. AMOUNT: 249. DESCRIPTION: STAFF MEETINGS/DEVELOPMENT. AMOUNT: 2,412. DESCRIPTION: TECHNOLOGY EXPENSE. AMOUNT: 388. DESCRIPTION: WEBSITE EXPENSE. AMOUNT: 1,046. DESCRIPTION: 50TH ANNIVERSARY EVENTS. AMOUNT: 618. TOTAL TO FORM 990-EZ, LINE 16: 31,721.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PREPAID EXPENSE. BEG. OF YEAR AMOUNT: 1,150. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: SUNSHINE FUND. BEG. OF YEAR AMOUNT: 61. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CYNDI REITMEYER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06174073034
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-12-23
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FRIENDS OF BELMONT PUBLIC LIBRARY INC
ReturnHeader/Filer/BusinessNameControlTxt0FRIE
ReturnHeader/Filer/EIN0223113684
ReturnHeader/Filer/PhoneNum06174892000
ReturnHeader/Filer/USAddress/AddressLine1Txt0336 CONCORD AVENUE
ReturnHeader/Filer/USAddress/CityNm0BELMONT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002478
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043337863
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANGELA J MUSI CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt016 ESSEX ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BELMONT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002478
ReturnHeader/PreparerPersonGrp/PhoneNum06174843159
ReturnHeader/PreparerPersonGrp/PreparationDt02024-12-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANGELA J MUSI CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-12-23T08:54:38-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-09-01
ReturnHeader/TaxPeriodEndDt02024-08-31
ReturnHeader/TaxYr02023

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