Is Boonslick Regional Library Association Inc Legit?
Quick charity verification for Boonslick Regional Library Association Inc (EIN: 203506448)
Verdict: Boonslick Regional Library Association Inc appears trustworthy
75/100Mission Score
$1.1MRevenue
$156KAssets
2Red Flags
3Strengths
Red Flags
Lack of detailed expense data for the latest period with significant revenue, making financial efficiency assessment difficult.
Dramatic and unexplained revenue increase in the latest period compared to historical trends, warranting further scrutiny.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds at the leadership level.
Historically low liabilities ($0 across all filings), suggesting sound financial management regarding debt.
Significant increase in assets from $6,450 in 2011 to $156,301 in the latest period, indicating growth in financial resources.
Spending Breakdown
How Boonslick Regional Library Association Inc allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
Admin Costs
Reasonable — admin costs in check
0%
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 Boonslick Regional Library Association Inc
Is Boonslick Regional Library Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Boonslick Regional Library Association Inc (EIN: 203506448) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Boonslick Regional Library Association Inc a good charity to donate to?
Boonslick Regional Library Association Inc has a Mission Score of 75/100. Revenue: $1.1M. Assets: $156K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Boonslick Regional Library Association Inc?
The Employer Identification Number (EIN) for Boonslick Regional Library Association Inc is 203506448. 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 Boonslick Regional Library Association Inc spend its money?
Boonslick Regional Library Association Inc allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Boonslick Regional Library Association Inc's tax-exempt status?
You can verify Boonslick Regional Library Association Inc's tax-exempt status using EIN 203506448 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
The Boonslick Regional Library Association Inc. appears to be a very small organization, as indicated by its latest reported revenue of $1,086,183 and assets of $156,301. However, the provided filing history shows a significant jump in revenue from previous years, where revenue consistently remained below $14,000. This dramatic increase in revenue in the latest period, without corresponding expense data provided for that period, makes it difficult to fully assess current financial health and spending efficiency. Historically, the organization has reported minimal expenses, often $0, which suggests either very low operational costs or incomplete reporting in earlier periods. The consistent reporting of 0% officer compensation across all available filings indicates a volunteer-led or very lean administrative structure, which is generally positive for donor confidence. However, the lack of detailed expense breakdowns for the latest period prevents a thorough analysis of how the recent substantial revenue increase is being utilized.