How Friends Of The Weare Public 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 The Weare Public Library
Is Friends Of The Weare Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Weare Public Library (EIN: 20434475) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Friends Of The Weare Public Library a good charity to donate to?
Friends Of The Weare Public 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 The Weare Public Library?
The Employer Identification Number (EIN) for Friends Of The Weare Public Library is 20434475. 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 Weare Public Library spend its money?
Friends Of The Weare Public 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 The Weare Public Library's tax-exempt status?
You can verify Friends Of The Weare Public Library's tax-exempt status using EIN 20434475 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 Weare Public Library appears to be a very small, community-focused organization with minimal financial activity. In its latest filing (202312), the organization reported $3,994 in revenue and $2,894 in expenses, resulting in a modest surplus. Its assets stand at $5,170 with no reported liabilities, indicating a stable, albeit small, financial position. Given its size and local scope, the organization's financial health seems appropriate for its operational scale.
The spending efficiency is difficult to fully assess without a detailed breakdown of expenses, but with no officer compensation reported, it suggests that administrative costs are likely low or covered by volunteers. The organization's transparency is good, having filed its IRS Form 990, which is a positive indicator for a nonprofit of its size. However, the lack of revenue and assets in the initial prompt, followed by actual figures in the filing history, suggests a potential data discrepancy or a very recent increase in activity.