Quick charity verification for Dyer Library Association (EIN: 10211500)
Verdict: Dyer Library Association appears trustworthy
90/100Mission Score
$3.4MRevenue
$4.7MAssets
1Red Flags
5Strengths
Red Flags
Slight deficit in the latest fiscal period (202306) where expenses ($1,024,441) exceeded revenue ($970,315).
Strengths
Consistent asset growth, from $2.4 million in 2014 to $3.9 million in 2023.
Zero reported officer compensation across all 12 filings, indicating strong resource allocation to mission.
Low liabilities relative to assets, demonstrating financial stability.
Consistent filing of IRS Form 990s, indicating good transparency and compliance.
Generally positive revenue-to-expense ratio over the past decade.
Spending Breakdown
How Dyer Library Association 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 Dyer Library Association
Is Dyer Library Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Dyer Library Association (EIN: 10211500) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Dyer Library Association a good charity to donate to?
Dyer Library Association has a Mission Score of 90/100. Revenue: $3.4M. Assets: $4.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Dyer Library Association?
The Employer Identification Number (EIN) for Dyer Library Association is 10211500. 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 Dyer Library Association spend its money?
Dyer Library Association allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Dyer Library Association's tax-exempt status?
You can verify Dyer Library Association's tax-exempt status using EIN 10211500 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 Dyer Library Association demonstrates consistent financial operations, with revenues generally exceeding expenses over the past decade, contributing to a steady growth in assets from $2.4 million in 2014 to $3.9 million in 2023. While the latest filing (202306) shows expenses slightly exceeding revenue ($1,024,441 vs. $970,315), this appears to be an anomaly in an otherwise positive trend of financial stability. The organization's liabilities remain low relative to its assets, indicating a healthy balance sheet.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent growth in assets suggests effective management of resources. The absence of reported officer compensation across all filings is a significant indicator of strong financial stewardship and a commitment to directing funds towards the organization's mission, rather than executive salaries. This practice enhances public trust and suggests a high degree of volunteer or low-paid leadership.
Transparency is excellent regarding executive compensation, with 0% reported for officers across all available filings. The consistent filing of IRS Form 990s over 12 periods also demonstrates a commitment to public accountability. Further transparency could be achieved through more detailed public reporting of expense allocations, but the current data points to a well-managed and fiscally responsible organization.