Is Locust Valley Library Legit?

Quick charity verification for Locust Valley Library (EIN: 111797178)

Verdict: Locust Valley Library appears trustworthy

90/100Mission Score
$1.9MRevenue
$4.6MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Locust Valley 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 Locust Valley Library

Is Locust Valley Library a legitimate charity?

Based on AI analysis of IRS 990 filings, Locust Valley Library (EIN: 111797178) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Locust Valley Library a good charity to donate to?

Locust Valley Library has a Mission Score of 90/100. Revenue: $1.9M. Assets: $4.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Locust Valley Library?

The Employer Identification Number (EIN) for Locust Valley Library is 111797178. 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 Locust Valley Library spend its money?

Locust Valley Library allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Locust Valley Library's tax-exempt status?

You can verify Locust Valley Library's tax-exempt status using EIN 111797178 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

Locust Valley Library demonstrates consistent financial operations with stable revenue and expenses over the past decade. The organization consistently reports 0% officer compensation, indicating a volunteer-led or very lean executive structure, which is a strong positive for transparency and donor confidence. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent positive net assets and growth in assets from $2.8 million in 2015 to $4.5 million in 2024 suggest sound financial management and an ability to build reserves. The organization's liabilities have also seen a significant increase over the years, from $523,288 in 2015 to $2,954,208 in 2024, which warrants closer examination to understand the nature of these obligations, though assets have grown proportionally. The library's financial health appears stable, with revenues generally exceeding or closely matching expenses, leading to a steady accumulation of assets. For instance, in the 202406 period, revenue was $1,832,209 against expenses of $1,720,026, resulting in a surplus. The absence of reported officer compensation is a significant indicator of efficient use of funds, as a substantial portion of donations often goes towards executive salaries in other organizations. To fully assess spending efficiency, a detailed look at the functional expense breakdown (program, administrative, fundraising) from the full 990 forms would be necessary, but the overall financial trends are positive. Transparency is high regarding executive compensation, given the consistent 0% reported. The consistent filing of IRS Form 990s over 14 periods also indicates a commitment to regulatory compliance and public disclosure. The growth in assets, alongside stable revenue, suggests the library is effectively managing its resources to support its mission. However, the increase in liabilities should be understood in context, perhaps related to capital improvements or long-term investments, which would be a reasonable use of funds for a community library.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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