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Vermont · Nonprofit

Latham Memorial Library Inc

Latham Memorial Library Inc (Vermont) receives grants from 3 organizations whose IRS filings report $68,515 to it, the largest being NARA FUND INC ($51,565). 1 of them have funded it in more than one year.

Revenue FY2024
$167k
Funders on record
3
Grants received
$69k
Net assets
$782k
1/3 repeat funderspeak grant-dependency 9%
01What it does

What Latham Memorial Library Inc does

Mission

The mission of Latham Memorial Library is to be a community gathering place that provides universal access to information, enabling learners of all ages to enrich their lives.

As stated on its FY2024 Form 990.

Program

  1. Latham Memorial Library is a vital community resource, providing access to a diverse collection of titles in print,digital and audio format, along with movies, research databases, online classes and more. In addition, the library offers a variety of special resources to the community, including STEAM kits, a Seed Saving Library, passes to museums and local educational sites, and a safe and enriching environment for children after school. During 2024, more than 2,400 people attended programs, and more than 7,200 digital items and 11,400 physical items were circulated.

    $145,097 spent$3,817 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $145,097.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended.

100 = 20202020 Revenue 100 ($141k) Expenses 100 ($109k) Net assets 100 ($809k)2021 Revenue 168 ($237k) Expenses 127 ($139k) Net assets 130 ($1.1M)2022 Revenue 114 ($160k) Expenses 116 ($126k) Net assets 88 ($712k)2023 Revenue 124 ($174k) Expenses 147 ($160k) Net assets 94 ($761k)2024 Revenue 119 ($167k) Expenses 165 ($179k) Net assets 97 ($782k)
20202021202220232024
Revenue (119)Expenses (165)Net assets (97)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $1.1M to $713k (−33%).

$813k
$1.1M
$713k
$763k
$784k
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 0% · 2021 10% · 2022 64% · 2023 56% · 2024 65%. Grants only. Government contracts and fees sit inside program revenue.

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 5 reported years ran a deficit.

$32k
’20
$98k
’21
$34k
’22
$14k
’23
−$12k
’24
6.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Barbara DeFelice

Chair

As listed on its FY2024 Form 990.

20202021202220232024
Listed81091213
Joined·+2+6+4+1
No longer listed·0710
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $5k → $16k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
funders
1
1
1
1
1
1
2
1
2

1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 10% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Latham Memorial Library Inc’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Latham Memorial Library Inc leans on a few funders — its largest provides 75% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

75%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 100% · 2023 63% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

84% of Latham Memorial Library Inc's grant income comes from Vermont funders.

VT
NH

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Vermont out of state home

Funder states come from each funder’s own filing. $7k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Government funding Latham Memorial Library Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $14k on record.

State$14k
10
11
13
14
15
16
17
18
19
20
21
22
23
24
25
Top programs
  • Grants$14k
  • Gr, Awards, Scholarships&Loans$100

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Latham Memorial Library Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Vermont

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 15%Fundraising 4%

Governance

11
board members
100%
independent
✓Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990–Audited financials

Public support

84%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for Latham Memorial Library Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Latham Memorial Library Inc?
Latham Memorial Library Inc (Vermont) receives grants from 3 organizations whose IRS filings report $68,515 to it, the largest being NARA FUND INC ($51,565). 1 of them have funded it in more than one year.
How many funders does Latham Memorial Library Inc have?
IRS filings report 3 organizations giving $68,515 in grants to Latham Memorial Library Inc, 1 of which have funded it in more than one year.
Who is the largest funder of Latham Memorial Library Inc?
NARA FUND INC is the largest funder on record, with $51,565 in grants. The full list of funders is on this page.
How can an organization like Latham Memorial Library Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Vermont. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Latham Memorial Library →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing