Quick charity verification for Katahdin Public Library (EIN: 10439355)
Verdict: Katahdin Public Library appears trustworthy
70/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
Lack of recent financial data (latest revenue and assets reported as $0)
Operated at a slight deficit in 2013 (expenses $11,887 vs. revenue $11,544)
Strengths
No reported officer compensation in 2013 (0% of expenses)
No liabilities reported in 2013
Significant assets relative to operational size in 2013 ($261,360)
Spending Breakdown
How Katahdin Public Library allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Katahdin Public Library
Is Katahdin Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Katahdin Public Library (EIN: 10439355) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Katahdin Public Library a good charity to donate to?
Katahdin Public Library has a Mission Score of 70/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Katahdin Public Library?
The Employer Identification Number (EIN) for Katahdin Public Library is 10439355. 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 Katahdin Public Library spend its money?
Katahdin Public Library allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Katahdin Public Library's tax-exempt status?
You can verify Katahdin Public Library's tax-exempt status using EIN 10439355 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
Katahdin Public Library appears to be a very small, community-focused organization based on its 2013 financial data. With total revenue of $11,544 and expenses of $11,887, it operated at a slight deficit in that period. The organization holds significant assets of $261,360, suggesting a strong endowment or property base relative to its operational scale. The lack of liabilities indicates a healthy balance sheet. However, the absence of more recent financial data makes a current assessment challenging, and the reported $0 revenue and assets for the latest period could indicate a data lag or a significant change in operations.