Is Friends Of The Bridgeville Library Inc Legit?

Friends Of The Bridgeville Library Inc appears to be a very small, community-focused organization. Based on its single available IRS 990 filing from 2012, the organization reported $10,216 in revenue and $7,538 in expenses, resulting in a modest surplus. Its assets were $6,699 with no reported liabilities, indicating a stable, albeit small, financial position. The lack of more recent filings makes a current assessment difficult, raising concerns about ongoing transparency and financial activity. The organization's NTEE code B70 suggests a focus on library services, which aligns with its name. The spending efficiency, based on the 2012 data, shows that the organization spent $7,538 out of $10,216 in revenue, suggesting a significant portion of funds were utilized. However, without a detailed breakdown of expenses (program, administrative, fundraising), a precise efficiency analysis is challenging. The absence of officer compensation indicates that leadership was likely volunteer-based, which is common for very small nonprofits and contributes to lower overhead. The primary concern for transparency is the lack of recent financial data, as the only filing is from 2012, making it impossible to assess current operations or financial health.