Is Hampton Bays Public Library Legit? —…

Strengths

Consistent financial stability with revenues generally exceeding expenses.
Significant reduction in liabilities from $969,312 in 2014 to $153,365 in 2023.
Zero reported officer compensation across all filings, indicating high efficiency in leadership costs.
Strong asset growth, reaching $3,550,566 in the latest period.
High percentage of spending likely directed towards program services, typical for a public library.

Spending Breakdown

How Hampton Bays 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

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 Hampton Bays Public Library

Is Hampton Bays Public Library a legitimate charity?

Based on AI analysis of IRS 990 filings, Hampton Bays Public Library (EIN: 111981651) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Hampton Bays Public Library a good charity to donate to?

Hampton Bays Public Library has a Mission Score of 95/100. Revenue: $3.0M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Hampton Bays Public Library?

The Employer Identification Number (EIN) for Hampton Bays Public Library is 111981651. 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 Hampton Bays Public Library spend its money?

Hampton Bays Public Library allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Hampton Bays Public Library's tax-exempt status?

You can verify Hampton Bays Public Library's tax-exempt status using EIN 111981651 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

Hampton Bays Public Library demonstrates consistent financial stability and a strong commitment to its programmatic mission. Over the past decade, the organization has maintained a healthy balance between revenue and expenses, with revenues generally exceeding or closely matching expenses, as seen in the 202312 period where revenue was $2,616,197 against expenses of $2,500,944. This indicates responsible financial management and a sustainable operating model. The library's assets have also shown steady growth, reaching $3,550,566 in the latest period, further solidifying its financial position.

Spending efficiency appears high, with a significant portion of expenses directed towards program services, which is typical for a public library. The consistent reporting of 0% officer compensation across all available filings suggests that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive indicator of resource allocation directly to services. The organization's liabilities have also shown a positive trend, decreasing significantly from $969,312 in 201412 to $153,365 in 202312, indicating effective debt management.

Overall, Hampton Bays Public Library exhibits strong financial health, efficient spending practices focused on its core mission, and a high degree of transparency through its consistent IRS 990 filings with clear financial data. The absence of reported officer compensation is a notable aspect that contributes to its perceived efficiency and dedication to public service.

Is Hampton Bays Public Library Legit?

Verdict: Hampton Bays Public Library appears trustworthy