Is Mark And Emily Turner Memorial Library Charitable Tr Legit?

Quick charity verification for Mark And Emily Turner Memorial Library Charitable Tr (EIN: 16149025)

Verdict: Mark And Emily Turner Memorial Library Charitable Tr shows mixed signals

65/100Mission Score
$0Revenue
$0Assets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Mark And Emily Turner Memorial Library Charitable Tr allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Mark And Emily Turner Memorial Library Charitable Tr

Is Mark And Emily Turner Memorial Library Charitable Tr a legitimate charity?

Based on AI analysis of IRS 990 filings, Mark And Emily Turner Memorial Library Charitable Tr (EIN: 16149025) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Mark And Emily Turner Memorial Library Charitable Tr a good charity to donate to?

Mark And Emily Turner Memorial Library Charitable Tr has a Mission Score of 65/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mark And Emily Turner Memorial Library Charitable Tr?

The Employer Identification Number (EIN) for Mark And Emily Turner Memorial Library Charitable Tr is 16149025. 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 Mark And Emily Turner Memorial Library Charitable Tr spend its money?

Mark And Emily Turner Memorial Library Charitable Tr allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mark And Emily Turner Memorial Library Charitable Tr's tax-exempt status?

You can verify Mark And Emily Turner Memorial Library Charitable Tr's tax-exempt status using EIN 16149025 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 Mark And Emily Turner Memorial Library Charitable Tr exhibits a fluctuating financial history, with significant variations in revenue and expenses over the years. For instance, in 2014, the organization reported revenue of $127,930 against expenses of $927,165, indicating a substantial deficit. Conversely, in 2013, it saw a large revenue spike of $1,815,631 with expenses of $1,197,744. The organization consistently reports $0 in liabilities and $0 in officer compensation across all available filings, which suggests a lean operational structure regarding executive pay and a healthy balance sheet in terms of debt. However, the most recent filing shows $0 in both revenue and assets, which is a significant change from previous years where assets consistently exceeded $890,000, peaking at $1,844,141 in 2013. This abrupt change to zero assets and revenue in the latest period warrants further investigation to understand the current operational status and financial health of the trust. The lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging. While officer compensation is consistently reported as zero, which is positive for minimizing administrative overhead, the overall efficiency depends on how the reported expenses (e.g., $19,118 in 2017) are allocated between program services, administration, and fundraising. The consistent reporting of $0 liabilities indicates good financial management in terms of debt. The organization's transparency is generally good given the consistent filing of 990s, but the sudden drop to zero assets and revenue in the latest period raises questions about its ongoing operations and financial reporting accuracy for that specific period. Given the NTEE code P20 (Libraries), the organization's mission is clear. However, without a breakdown of expenses, it's difficult to ascertain the percentage of funds directly supporting library programs versus administrative costs. The significant fluctuations in revenue and expenses, particularly the large expenses relative to revenue in some years (e.g., 2014), suggest that the organization may rely on periodic large contributions or investment income, which can be volatile. The consistent zero officer compensation is a strong point for minimizing administrative costs at the top level.

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Disclaimer

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

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