Quick charity verification for Blue Hill Public Library Inc (EIN: 10212602)
Verdict: Blue Hill Public Library Inc appears trustworthy
95/100Mission Score
$1.9MRevenue
$11.2MAssets
2Red Flags
5Strengths
Red Flags
Unusually low reported liabilities relative to assets, which could warrant further investigation into financial reporting details.
Zero reported officer compensation for an organization with over $1 million in revenue and $10 million in assets is highly uncommon and might indicate compensation is reported under different categories or that the organization is entirely volunteer-run at the executive level, which could pose sustainability questions for leadership.
Strengths
Consistent asset growth, increasing from $6.7 million in 2014 to over $10.4 million in 2023, indicating strong financial stewardship.
Regularly operates with a financial surplus (revenue exceeding expenses), demonstrating sound financial management and sustainability.
Zero reported officer compensation across all filings suggests extremely high efficiency in administrative costs or a dedicated volunteer leadership.
Low liabilities relative to assets, indicating a strong balance sheet and minimal financial risk.
Consistent filing of IRS 990 forms, demonstrating transparency and accountability.
Spending Breakdown
How Blue Hill Public Library Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
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 Blue Hill Public Library Inc
Is Blue Hill Public Library Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Blue Hill Public Library Inc (EIN: 10212602) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.
Is Blue Hill Public Library Inc a good charity to donate to?
Blue Hill Public Library Inc has a Mission Score of 95/100. Revenue: $1.9M. Assets: $11.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Blue Hill Public Library Inc?
The Employer Identification Number (EIN) for Blue Hill Public Library Inc is 10212602. 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 Blue Hill Public Library Inc spend its money?
Blue Hill Public Library Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Blue Hill Public Library Inc's tax-exempt status?
You can verify Blue Hill Public Library Inc's tax-exempt status using EIN 10212602 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
Blue Hill Public Library Inc demonstrates strong financial health and consistent growth in assets over the past decade, increasing from $6.7 million in 2014 to over $10.4 million in 2023. The organization consistently operates with a surplus, as seen in 2023 where revenue of $1,073,983 exceeded expenses of $894,778. This indicates effective financial management and sustainability. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which contributes to high spending efficiency.
The library's spending efficiency appears robust, particularly given the zero reported officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the consistent surpluses and asset growth suggest that a significant portion of funds are directed towards its mission. The organization's transparency is commendable through its consistent IRS 990 filings, providing a clear historical financial picture. The low liabilities relative to assets further underscore its sound financial footing.
Overall, Blue Hill Public Library Inc appears to be a well-managed and financially stable organization, effectively stewarding its resources to support its community mission. The consistent growth in assets and prudent financial management practices are strong indicators of its long-term viability and commitment to its purpose.