Decreasing liabilities, from $1,704,149 in 2014 to $1,257,868 in 2023, improving financial leverage.
Zero reported officer compensation across all filings, indicating efficient use of funds or volunteer leadership.
Consistent surplus operations in most recent years (e.g., 202306 revenue $1,914,265 vs. expenses $1,858,128).
Spending Breakdown
How Cutchogue New Suffolk Free Library allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Cutchogue New Suffolk Free Library
Is Cutchogue New Suffolk Free Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Cutchogue New Suffolk Free Library (EIN: 112009643) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Cutchogue New Suffolk Free Library a good charity to donate to?
Cutchogue New Suffolk Free Library has a Mission Score of 90/100. Revenue: $2.0M. Assets: $5.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Cutchogue New Suffolk Free Library?
The Employer Identification Number (EIN) for Cutchogue New Suffolk Free Library is 112009643. 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 Cutchogue New Suffolk Free Library spend its money?
Cutchogue New Suffolk Free Library allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Cutchogue New Suffolk Free Library's tax-exempt status?
You can verify Cutchogue New Suffolk Free Library's tax-exempt status using EIN 112009643 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 Cutchogue New Suffolk Free Library demonstrates consistent financial stability and a strong commitment to its mission as a public library. Over the past decade, the organization has maintained a healthy asset base, with total assets consistently above $4.9 million, reaching $5,185,525 in the latest filing. Revenue has shown a steady upward trend, from $755,800 in 2016 to $1,991,147 in the latest period, indicating growing community support or funding. The library generally operates with a surplus, as seen in the 202306 period where revenue of $1,914,265 exceeded expenses of $1,858,128, contributing to asset growth.
The organization's spending efficiency appears robust, with a significant portion of its expenses likely directed towards program services, typical for a library. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led board or that compensation for key employees is not categorized as 'officer compensation' in a way that would be reported in this specific section, which is a positive indicator for donor confidence. The library's liabilities have shown a general decreasing trend from $1,704,149 in 2014 to $1,257,868 in 2023, improving its financial leverage.
Transparency is high given the consistent filing of IRS Form 990s over many years, providing a clear historical financial record. The absence of reported officer compensation is a notable point, indicating either a fully volunteer board or that executive salaries are reported under general salaries, which would still be a positive sign of resource allocation. Overall, the Cutchogue New Suffolk Free Library appears to be a well-managed and financially sound organization effectively serving its community.