Education (B71I) IRS Verified DX Registered 990 on File

FRIENDS FOUNDATION OF THE RIDEWOOD PUBLIC LIBRARY

EIN: 22-2313180 · RIDGEWOOD, NJ 07450-3242 · United States · FY 2025 Data

3 out of 5 59 / 100 Based on 2+ years of filings

Financial strength (30%) 96/100

Reliability (20%) 55/100

Effectiveness (25%) 78/100

Impact (25%) No data yet

Financial data: FY 2025 · Scored 10/18/2026

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CharityAI™ Score

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Mission Statement

Friends Foundation of the Ridgewood Public Library supports the library by raising private donations and managing an endowment that directly funds programs, services, facilities, and emerging needs identified by the library. It works alongside the library to ensure it has the resources to thrive as a community hub for now and generations to come.

Financial Overview — FY 2025

$163K

Total Revenue

$70K

Total Expenses

$3.4M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 88.3%

Fundraising Efficiency 0.0%

Operating Reserve 585.85x

Liability-to-Asset 0.0%

Revenue Diversification 55.8%

Compared with Peers

FY 2025

Compared with 14,592 similar organizations (United States, Education, under $100K in expenses), FY 2025.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	88.3%	86.9%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	11.7%	6.5%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	0.0%	0.0%	P10P90	Top quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	0.0%	38.8%	P10P90	Top quarter
Operating reserve Months of expenses covered by net assets · higher is better	585.9 mo	18.6 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	0.0%	0.0%	P10P90	Top quarter
Revenue concentration Share of revenue from the largest source · lower is better	55.8%	82.6%	P10P90	Above median
Revenue growth Year over year revenue growth	18.5%	0.6%	P10P90
Expense growth Year over year expense growth	-4.9%	0.0%	P10P90
Surplus margin Surplus as a share of revenue	57.1%	10.9%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2025	$163K	$70K	$3.4M	88.3%	0
2024	$138K	$74K	$221K	93.3%	—
2023	$107K	$145K	$157K	96.6%	—
2022	$85K	$45K	$194K	80.1%	—
2021	$116K	$77K	N/A	—	1

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Organization Details

EIN: 22-2313180
State: NJ
City: RIDGEWOOD
ZIP: 07450-3242
Classification: B71I
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1980
Foundation Code: 16
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

★★★★★ 80–100 ★★★★☆ 60–79 ★★★☆☆ 40–59 ★★☆☆☆ 20–39 ★☆☆☆☆ 1–19

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