Quick charity verification for Friends Of Waterboro Public Library (EIN: 10546751)
Verdict: Friends Of Waterboro Public Library shows mixed signals
50/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths
Red Flags
No recent IRS 990 filings available since 2011, indicating potential inactivity or non-compliance.
Reported a significant operational deficit in 2011, with expenses ($50,451) more than double revenue ($21,675).
Zero reported revenue and assets in the latest summary, suggesting a lack of current financial activity or reporting.
Strengths
Reported no liabilities in 2011, indicating a healthy balance sheet at that time.
No officer compensation reported in 2011, suggesting volunteer leadership and potentially lower administrative overhead.
Spending Breakdown
How Friends Of Waterboro Public Library allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Waterboro Public Library
Is Friends Of Waterboro Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Waterboro Public Library (EIN: 10546751) shows mixed signals. Mission Score: 50/100. 3 red flags identified, 2 strengths noted.
Is Friends Of Waterboro Public Library a good charity to donate to?
Friends Of Waterboro Public Library has a Mission Score of 50/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of Waterboro Public Library?
The Employer Identification Number (EIN) for Friends Of Waterboro Public Library is 10546751. 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 Waterboro Public Library spend its money?
Friends Of Waterboro Public Library allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of Waterboro Public Library's tax-exempt status?
You can verify Friends Of Waterboro Public Library's tax-exempt status using EIN 10546751 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 Waterboro Public Library appears to be a very small, community-focused organization. Based on the single available filing from 2011, the organization had revenue of $21,675 and expenses of $50,451, indicating a deficit for that period. Its assets stood at $52,061 with no liabilities, suggesting a healthy balance sheet at that time despite the operational deficit. The lack of more recent filings makes a current assessment of financial health challenging, and raises questions about ongoing operations or reporting compliance.
Spending efficiency cannot be fully determined without a detailed breakdown of expenses, which is not provided in the summary data. However, the absence of officer compensation suggests that leadership may be volunteer-based, which can contribute to lower administrative costs. The significant gap between revenue and expenses in 2011 might indicate reliance on prior year reserves or a specific project that year. Transparency is limited by the single, decade-old filing; more recent data would be necessary for a comprehensive evaluation.