Quick charity verification for Naples Public Library (EIN: 16015247)
Verdict: Naples Public Library appears trustworthy
85/100Mission Score
$1.3MRevenue
$2.6MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent asset growth, from $2,004,639 in 2015 to $2,467,661 in 2024, indicating financial stability.
Zero reported officer compensation across all 14 filings, demonstrating a commitment to minimizing administrative overhead.
Generally operates with a revenue surplus, such as $261,614 revenue against $193,086 expenses in 2024, ensuring sustainability.
Healthy asset base of $2,644,633 relative to its annual revenue, providing a strong financial cushion.
Spending Breakdown
How Naples 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 Naples Public Library
Is Naples Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Naples Public Library (EIN: 16015247) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Naples Public Library a good charity to donate to?
Naples Public Library has a Mission Score of 85/100. Revenue: $1.3M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Naples Public Library?
The Employer Identification Number (EIN) for Naples Public Library is 16015247. 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 Naples Public Library spend its money?
Naples Public Library allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Naples Public Library's tax-exempt status?
You can verify Naples Public Library's tax-exempt status using EIN 16015247 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 Naples Public Library demonstrates consistent financial health with a steady increase in assets over the past decade, growing from $2,004,639 in 2015 to $2,467,661 in 2024. The organization generally operates with a surplus, as seen in 2024 where revenue of $261,614 exceeded expenses of $193,086. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the absence of reported officer compensation across all filings indicates a strong commitment to minimizing overhead in this area. The library's financial stability and lack of executive compensation suggest a focus on its mission, though a more granular view of spending categories would enhance transparency regarding operational efficiency.