Is Friends Of Oxford Lafayette County Library Legit?
Quick charity verification for Friends Of Oxford Lafayette County Library (EIN: 203074576)
Verdict: Friends Of Oxford Lafayette County Library appears trustworthy
85/100Mission Score
$0Revenue
$0Assets
1Red Flags
3Strengths
Red Flags
Latest filing shows $0 revenue and assets, potentially indicating inactivity or very minimal operations.
Strengths
Consistently reports 0% officer compensation, indicating a volunteer-driven model.
Reports zero liabilities across all periods, suggesting financial prudence.
Low overhead due to volunteer leadership.
Spending Breakdown
How Friends Of Oxford Lafayette County Library allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Friends Of Oxford Lafayette County Library
Is Friends Of Oxford Lafayette County Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Oxford Lafayette County Library (EIN: 203074576) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Friends Of Oxford Lafayette County Library a good charity to donate to?
Friends Of Oxford Lafayette County Library has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of Oxford Lafayette County Library?
The Employer Identification Number (EIN) for Friends Of Oxford Lafayette County Library is 203074576. 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 Friends Of Oxford Lafayette County Library spend its money?
Friends Of Oxford Lafayette County Library allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of Oxford Lafayette County Library's tax-exempt status?
You can verify Friends Of Oxford Lafayette County Library's tax-exempt status using EIN 203074576 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
Friends Of Oxford Lafayette County Library appears to be a very small, volunteer-run organization with minimal financial activity. Their latest filing shows $0 in revenue and assets, suggesting either inactivity or that their financial activities fall below the IRS filing threshold for a full 990, instead filing a 990-N postcard. In prior years, their revenue and expenses were consistently low, never exceeding $7,058 in expenses (2015) or $5,962 in revenue (2016). The organization consistently reports no officer compensation, indicating a volunteer leadership structure. Given the limited financial data and the absence of detailed expense breakdowns in the provided summary, a comprehensive assessment of spending efficiency is challenging, but the lack of compensation suggests low overhead.
The organization's transparency is limited by the minimal data available. While they file with the IRS, the provided summary does not offer granular detail on how funds were allocated beyond total expenses. The consistent reporting of zero liabilities across all periods is a positive indicator of financial stability, albeit on a very small scale. The primary challenge in assessing this organization is the lack of significant financial activity, which makes standard financial health metrics less applicable. It appears to function more as a community support group for the library rather than a large-scale fundraising entity.