Is Madawaska Public Library Legit? —…

Spending Breakdown

How Madawaska 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 Madawaska Public Library

Is Madawaska Public Library a legitimate charity?

Based on AI analysis of IRS 990 filings, Madawaska Public Library (EIN: 10276098) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Madawaska Public Library a good charity to donate to?

Madawaska Public Library has a Mission Score of 75/100. Revenue: $63K. Assets: $582K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Madawaska Public Library?

The Employer Identification Number (EIN) for Madawaska Public Library is 10276098. 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 Madawaska Public Library spend its money?

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

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

You can verify Madawaska Public Library's tax-exempt status using EIN 10276098 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

Madawaska Public Library demonstrates consistent financial transparency, with 13 filings available and zero liabilities reported in recent years, indicating sound financial management. The organization's revenue has shown a positive trend in the latest periods, reaching $58,121 in 2024, up from $38,843 in 2021. However, expenses have frequently exceeded revenue, as seen in 2024 ($60,203 expenses vs. $58,121 revenue) and 2023 ($61,583 expenses vs. $52,667 revenue), leading to a gradual decline in assets from $642,677 in 2015 to $566,771 in 2024. This trend suggests the library is operating at a deficit, drawing down its reserves to cover operational costs.

Despite the deficit spending, the library maintains a healthy asset base of $566,771, which provides a buffer. The consistent reporting of 0% officer compensation across all available filings indicates that executive compensation is not a drain on resources, aligning with good stewardship. The primary challenge for Madawaska Public Library appears to be achieving financial sustainability by aligning its operational expenses with its revenue streams to prevent further asset depletion. While the organization is transparent and manages its liabilities well, its long-term financial health would benefit from strategies to increase revenue or control expenses more effectively.

Is Madawaska Public Library Legit?

Verdict: Madawaska Public Library appears trustworthy

Red Flags

Strengths