Is Friends Of Rockland Public Library…

Quick charity verification for Friends Of Rockland Public Library (EIN: 10478564)

Spending Breakdown

How Friends Of Rockland Public Library allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

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 Friends Of Rockland Public Library

Is Friends Of Rockland Public Library a legitimate charity?

Based on AI analysis of IRS 990 filings, Friends Of Rockland Public Library (EIN: 10478564) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Friends Of Rockland Public Library a good charity to donate to?

Friends Of Rockland Public Library has a Mission Score of 92/100. Revenue: $62K. Assets: $184K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Friends Of Rockland Public Library?

The Employer Identification Number (EIN) for Friends Of Rockland Public Library is 10478564. 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 Rockland Public Library spend its money?

Friends Of Rockland Public Library allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Friends Of Rockland Public Library's tax-exempt status?

You can verify Friends Of Rockland Public Library's tax-exempt status using EIN 10478564 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 Rockland Public Library demonstrates consistent financial health, operating with a stable revenue stream averaging around $60,000-$70,000 annually over the past decade. The organization consistently maintains zero liabilities, indicating strong fiscal management and no reliance on debt. Its assets have shown steady growth, increasing from $100,283 in 2014 to $184,454 in 2023, which suggests effective asset accumulation and prudent financial stewardship. The organization's expenses are generally well within its revenue, with a few exceptions like 2021 where expenses ($75,698) exceeded revenue ($62,176), but this was offset by prior surpluses and did not lead to liabilities.

The spending efficiency appears high, particularly given that officer compensation has consistently been reported as 0% across all filings. This indicates that the organization is likely volunteer-run at the leadership level, maximizing the proportion of funds available for its programs. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of paid officers suggests a lean operational structure. The consistent growth in assets further supports the notion of efficient resource management.

Transparency is excellent, with a clear history of 13 IRS 990 filings readily available. The consistent reporting of zero liabilities and zero officer compensation across all periods provides a clear and unambiguous picture of the organization's financial structure and operational model. This level of transparency, combined with stable financial performance and asset growth, paints a picture of a well-managed and accountable nonprofit.

Is Friends Of Rockland Public Library Legit?

Verdict: Friends Of Rockland Public Library appears trustworthy

Strengths