Quick charity verification for Nassau Library System (EIN: 111903822)
Verdict: Nassau Library System appears trustworthy
85/100Mission Score
$12.3MRevenue
$16.0MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported on 990s for a large organization, requiring further clarification.
Strengths
Consistent revenue generation and stable financial operations over a decade.
Healthy growth in assets, from $5,020,170 in 2014 to $14,796,440 in 2023.
Expenses generally managed within revenue, indicating fiscal responsibility.
Long and consistent IRS 990 filing history (14 filings), demonstrating transparency in reporting.
Spending Breakdown
How Nassau Library System allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Nassau Library System
Is Nassau Library System a legitimate charity?
Based on AI analysis of IRS 990 filings, Nassau Library System (EIN: 111903822) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Nassau Library System a good charity to donate to?
Nassau Library System has a Mission Score of 85/100. Revenue: $12.3M. Assets: $16.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nassau Library System?
The Employer Identification Number (EIN) for Nassau Library System is 111903822. 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 Nassau Library System spend its money?
Nassau Library System allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nassau Library System's tax-exempt status?
You can verify Nassau Library System's tax-exempt status using EIN 111903822 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 Nassau Library System demonstrates consistent financial operations, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, revenue was $10,599,230 against expenses of $10,515,368, indicating sound fiscal management. The organization's assets have shown steady growth, increasing from $5,020,170 in 2014 to $14,796,440 in 2023, suggesting a healthy accumulation of resources. Liabilities have also increased proportionally, but the asset base remains strong.
Spending efficiency appears to be well-managed, with a significant portion of funds likely directed towards program services, typical for a library system. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of their financial transparency and suggests that executive leadership is either volunteer-based or compensated through other means not categorized as 'officer compensation' on the 990, which warrants further investigation for complete understanding. This practice, if truly indicative of no paid officers, could contribute to lower administrative overhead.
Overall, the Nassau Library System exhibits a stable financial profile with consistent revenue streams and asset growth. The lack of reported officer compensation on the 990s is a key transparency point, indicating either a highly efficient compensation structure or a need for deeper inquiry into how leadership is compensated. Their consistent filing history and financial stability suggest a well-managed organization focused on its mission.