Quick charity verification for Friends Of The Searsmont Library (EIN: 10528549)
Verdict: Friends Of The Searsmont Library shows mixed signals
40/100Mission Score
$0Revenue
$0Assets
2Red Flags
1Strengths
Red Flags
Zero reported revenue and assets, indicating potential inactivity or extremely limited operations.
Lack of financial data prevents any meaningful analysis of financial health or program effectiveness.
Strengths
No reported executive compensation, suggesting a volunteer-driven model.
Spending Breakdown
How Friends Of The Searsmont Library allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
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 The Searsmont Library
Is Friends Of The Searsmont Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Searsmont Library (EIN: 10528549) shows mixed signals. Mission Score: 40/100. 2 red flags identified, 1 strength noted.
Is Friends Of The Searsmont Library a good charity to donate to?
Friends Of The Searsmont Library has a Mission Score of 40/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of The Searsmont Library?
The Employer Identification Number (EIN) for Friends Of The Searsmont Library is 10528549. 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 The Searsmont Library spend its money?
Friends Of The Searsmont Library allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of The Searsmont Library's tax-exempt status?
You can verify Friends Of The Searsmont Library's tax-exempt status using EIN 10528549 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 The Searsmont Library appears to be a very small, likely volunteer-run organization, given its reported zero revenue and zero assets in the latest filing. This indicates either a nascent stage of operation, a period of inactivity, or that its financial activities are extremely limited and potentially not fully captured in the standard IRS 990-EZ filing if it falls below certain thresholds. Without any reported financial activity, it's impossible to assess spending efficiency or financial health in a traditional sense. Transparency is limited by the lack of detailed financial data, as there are no expenditures or revenues to analyze. The NTEE code B70 suggests a focus on libraries, which aligns with its name, but the financial data provides no insight into program delivery or impact.