Is Manasquan Public Library Legit?

Quick charity verification for Manasquan Public Library (EIN: 210688779)

Verdict: Manasquan Public Library appears trustworthy

92/100Mission Score
$163KRevenue
$341KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Manasquan 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
0%
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 Manasquan Public Library

Is Manasquan Public Library a legitimate charity?

Based on AI analysis of IRS 990 filings, Manasquan Public Library (EIN: 210688779) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Manasquan Public Library a good charity to donate to?

Manasquan Public Library has a Mission Score of 92/100. Revenue: $163K. Assets: $341K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Manasquan Public Library?

The Employer Identification Number (EIN) for Manasquan Public Library is 210688779. 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 Manasquan Public Library spend its money?

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

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

You can verify Manasquan Public Library's tax-exempt status using EIN 210688779 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

The Manasquan Public Library demonstrates consistent financial health and a strong commitment to its mission, as evidenced by its IRS 990 filings. Over the past decade, the organization has maintained a stable revenue stream, averaging around $140,000-$150,000 annually, with the latest reported revenue at $156,090 for the period ending 202312. Expenses have generally been well-managed, consistently below revenue, allowing for steady growth in assets from $212,727 in 2014 to $329,864 in 2023. This indicates prudent financial management and the ability to build reserves. The library's spending efficiency appears high, particularly given that officer compensation has been reported as 0% across all available filings. This suggests that the organization is likely volunteer-driven at the leadership level or that compensation is covered by a separate entity, which would free up a significant portion of its budget for direct program services. The absence of reported liabilities in most recent years further underscores a healthy financial position. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial picture points to an organization focused on its core services. In terms of transparency, the consistent filing of IRS 990 forms over 13 periods is a positive indicator. The clear reporting of revenue, expenses, assets, and the absence of officer compensation contributes to a transparent financial profile. The steady growth in assets without accumulating debt suggests a well-governed and financially responsible entity, likely dedicating the vast majority of its resources to library operations and community programs.

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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