Is Connetquot Public Library Legit? —…

Spending Breakdown

How Connetquot Public Library 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 Connetquot Public Library

Is Connetquot Public Library a legitimate charity?

Based on AI analysis of IRS 990 filings, Connetquot Public Library (EIN: 112343223) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Connetquot Public Library a good charity to donate to?

Connetquot Public Library has a Mission Score of 75/100. Revenue: $7.2M. Assets: $9.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Connetquot Public Library?

The Employer Identification Number (EIN) for Connetquot Public Library is 112343223. 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 Connetquot Public Library spend its money?

Connetquot Public Library allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Connetquot Public Library's tax-exempt status?

You can verify Connetquot Public Library's tax-exempt status using EIN 112343223 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

Connetquot Public Library demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, indicating a stable operational model. For example, in 2024, revenue was $7,137,306 against expenses of $6,685,424. However, a notable concern is the organization's liabilities, which have consistently outweighed its assets, reaching $14,043,563 in liabilities against $9,942,966 in assets in 2024. This suggests a reliance on debt or other long-term obligations that could impact future financial flexibility.

The organization's spending efficiency appears sound, with a healthy margin between revenue and expenses in most recent periods. The absence of reported officer compensation across all filings suggests either a volunteer-led executive team or that compensation is reported under other expense categories, which could impact the perceived transparency of executive remuneration. Further detail on functional expenses would be needed to fully assess program spending versus administrative and fundraising costs.

Overall, while the library maintains a steady revenue stream and manages its operational expenses effectively, the significant and growing disparity between assets and liabilities warrants closer examination for long-term financial health and sustainability. The lack of reported officer compensation is a positive for public trust, assuming all relevant compensation is indeed zero or reported transparently elsewhere.

Is Connetquot Public Library Legit?

Verdict: Connetquot Public Library appears trustworthy

Red Flags

Strengths