Is Cannon Free Library Tr Pt 29800 Legit? —…

Quick charity verification for Cannon Free Library Tr Pt 29800 (EIN: 136777231)

Spending Breakdown

How Cannon Free Library Tr Pt 29800 allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Cannon Free Library Tr Pt 29800

Is Cannon Free Library Tr Pt 29800 a legitimate charity?

Based on AI analysis of IRS 990 filings, Cannon Free Library Tr Pt 29800 (EIN: 136777231) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Cannon Free Library Tr Pt 29800 a good charity to donate to?

Cannon Free Library Tr Pt 29800 has a Mission Score of 65/100. Revenue: $790K. Assets: $3.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Cannon Free Library Tr Pt 29800?

The Employer Identification Number (EIN) for Cannon Free Library Tr Pt 29800 is 136777231. 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 Cannon Free Library Tr Pt 29800 spend its money?

Cannon Free Library Tr Pt 29800 allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Cannon Free Library Tr Pt 29800's tax-exempt status?

You can verify Cannon Free Library Tr Pt 29800's tax-exempt status using EIN 136777231 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

Cannon Free Library Tr Pt 29800 appears to be a well-established organization with a consistent filing history. While the NTEE code is unknown, its name suggests a focus on library services. The organization consistently reports zero officer compensation, indicating a volunteer-led or very lean administrative structure, which is a positive sign for donor confidence. However, the organization has consistently operated at a deficit in recent years, with expenses exceeding revenue in all reported periods. For example, in 2023, expenses were $314,676 against revenues of $249,178, and in 2022, expenses were $314,905 against revenues of $76,657. This trend has led to a gradual decline in assets from $3,664,464 in 2011 to $2,701,947 in 2023. While the organization maintains substantial assets, this spending pattern is not sustainable long-term without increased revenue or reduced expenditures.

The organization's financial health, while supported by significant assets, shows a concerning trend of operating deficits. The lack of officer compensation points to strong financial stewardship in that area, but the overall spending efficiency needs closer examination to understand why expenses consistently outpace revenue. Transparency is good given the consistent 990 filings and clear reporting of zero officer compensation. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's difficult to fully assess spending efficiency beyond the top-line revenue and expense figures.

Is Cannon Free Library Tr Pt 29800 Legit?

Verdict: Cannon Free Library Tr Pt 29800 shows mixed signals

Red Flags

Strengths