Revenue generally exceeds expenses, allowing for asset accumulation and operational stability (e.g., 2023 revenue $234,509 vs. expenses $209,662).
Spending Breakdown
How Buck Memorial Library allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Buck Memorial Library
Is Buck Memorial Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Buck Memorial Library (EIN: 10215913) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Buck Memorial Library a good charity to donate to?
Buck Memorial Library has a Mission Score of 92/100. Revenue: $751K. Assets: $2.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Buck Memorial Library?
The Employer Identification Number (EIN) for Buck Memorial Library is 10215913. 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 Buck Memorial Library spend its money?
Buck Memorial Library allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Buck Memorial Library's tax-exempt status?
You can verify Buck Memorial Library's tax-exempt status using EIN 10215913 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
Buck Memorial Library demonstrates consistent financial health with a strong asset base relative to its annual expenses. For instance, in 2023, with $2,571,599 in assets and $209,662 in expenses, the organization holds significant reserves. The library's revenue has fluctuated, notably a spike to $938,139 in 2019, which significantly boosted its assets, but generally, it maintains a stable operational budget. The absence of reported liabilities across most years, including $0 in 2023 and 2022, indicates sound financial management and a low-risk profile. The consistent reporting of 0% officer compensation further enhances its transparency and suggests a volunteer-driven or modestly compensated leadership structure, which is positive for donor confidence.