Consistent 0% officer compensation reported across all filings.
Stable financial operations with revenues generally covering expenses.
Consistent growth in assets, indicating financial health and stability.
Low liabilities relative to assets, suggesting good financial management.
Clear alignment with NTEE code B71Z (Libraries; Library Services) and mission.
Spending Breakdown
How Fayetteville Free Library allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Fayetteville Free Library
Is Fayetteville Free Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Fayetteville Free Library (EIN: 150543618) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Fayetteville Free Library a good charity to donate to?
Fayetteville Free Library has a Mission Score of 92/100. Revenue: $2.2M. Assets: $4.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fayetteville Free Library?
The Employer Identification Number (EIN) for Fayetteville Free Library is 150543618. 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 Fayetteville Free Library spend its money?
Fayetteville Free Library allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fayetteville Free Library's tax-exempt status?
You can verify Fayetteville Free Library's tax-exempt status using EIN 150543618 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 Fayetteville Free Library demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past several years. For instance, in the 202406 period, revenue was $2,217,225 against expenses of $2,183,393, indicating sound financial management. The organization's assets have shown growth, reaching $4,021,010 in the latest period, which is a positive indicator of long-term stability. A notable aspect of their financial reporting is the consistent disclosure of 0% officer compensation across all available filings, suggesting a strong commitment to directing funds towards their mission rather than executive salaries. This practice significantly enhances their transparency and public trust.
While specific breakdowns of program, administrative, and fundraising expenses are not directly provided in the summary data, the absence of officer compensation is a strong positive signal regarding spending efficiency. The library's NTEE code B71Z (Libraries; Library Services) aligns with its mission, and the consistent financial activity suggests a stable operational model. The organization's liabilities have remained manageable relative to its assets, further reinforcing its financial health. The significant revenue fluctuation in 202306 ($3,290,414) compared to other years warrants a deeper look into the source of that additional income, but overall, the trend is stable.
Overall, the Fayetteville Free Library appears to be a financially healthy and transparent organization. Their consistent operations, asset growth, and zero reported officer compensation are strong indicators of responsible stewardship of funds. The detailed expense breakdown would provide even greater insight into their spending efficiency, but the available data paints a positive picture.