Is Bergen County Cooperative Library System Inc Legit?
Quick charity verification for Bergen County Cooperative Library System Inc (EIN: 222696585)
Verdict: Bergen County Cooperative Library System Inc appears trustworthy
85/100Mission Score
$4.2MRevenue
$2.7MAssets
2Red Flags
2Strengths
Red Flags
Lack of detailed program expense breakdown in filings makes it challenging to fully evaluate program efficiency and impact.
Absence of executive compensation data in provided filings is a red flag for assessing leadership cost-effectiveness.
Strengths
Consistently high percentage of expenses allocated to programs (average 95% over the last five years) indicates a strong commitment to its mission.
Healthy revenue streams consistently exceeding expenses, contributing to asset growth from $1,373,145 in 2019 to $2,960,459 in 2023.
Spending Breakdown
How Bergen County Cooperative Library System Inc allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
3%
Admin Costs
Reasonable — admin costs in check
2%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bergen County Cooperative Library System Inc
Is Bergen County Cooperative Library System Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bergen County Cooperative Library System Inc (EIN: 222696585) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 2 strengths noted.
Is Bergen County Cooperative Library System Inc a good charity to donate to?
Bergen County Cooperative Library System Inc has a Mission Score of 85/100. Revenue: $4.2M. Assets: $2.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bergen County Cooperative Library System Inc?
The Employer Identification Number (EIN) for Bergen County Cooperative Library System Inc is 222696585. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bergen County Cooperative Library System Inc spend its money?
Bergen County Cooperative Library System Inc allocates 95% to programs, 3% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bergen County Cooperative Library System Inc's tax-exempt status?
You can verify Bergen County Cooperative Library System Inc's tax-exempt status using EIN 222696585 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Bergen County Cooperative Library System Inc is a education nonprofit based in Fair Lawn, New Jersey, with reported revenue of $4.2M and assets of $2.7M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 95% of spending goes to programs, 3% to administration, and 2% to fundraising. Executive compensation is not disclosed in the provided data, preventing a comprehensive assessment of its reasonableness relative to the organization's size and revenue. Revenue has grown +29% across 13 filing periods.