Is Newport Public Library Association…

Quick charity verification for Newport Public Library Association (EIN: 10349146)

Spending Breakdown

How Newport Public Library Association allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

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 Newport Public Library Association

Is Newport Public Library Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Newport Public Library Association (EIN: 10349146) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Newport Public Library Association a good charity to donate to?

Newport Public Library Association has a Mission Score of 65/100. Revenue: $22K. Assets: $909K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Newport Public Library Association?

The Employer Identification Number (EIN) for Newport Public Library Association is 10349146. 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 Newport Public Library Association spend its money?

Newport Public Library Association allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Newport Public Library Association's tax-exempt status using EIN 10349146 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 Newport Public Library Association demonstrates consistent financial transparency through its regular IRS 990 filings. However, the organization has experienced a trend of declining revenue and increasing expenses in recent years, leading to operating deficits. For example, in 2023, revenue was $31,545 while expenses were $47,951, indicating a deficit of $16,406. This pattern is visible across multiple years, with expenses frequently exceeding revenue. While the organization maintains substantial assets, exceeding $1 million in most recent years, the consistent operating deficits could pose long-term sustainability challenges if not addressed.

Spending efficiency appears to be a concern given the consistent deficits. Without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, it's challenging to precisely assess efficiency ratios. However, the overall trend of expenses outpacing revenue suggests that the organization is spending more than it brings in, which is not a sustainable model. The organization's assets have also seen a gradual decline from $1,227,572 in 2013 to $1,016,023 in 2023, further indicating that deficits may be drawing down reserves.

Transparency is strong due to the availability of multiple years of 990 data. The consistent reporting of zero officer compensation is also a positive indicator of financial stewardship, suggesting that resources are not being diverted to high executive salaries. However, a more detailed breakdown of expenses in future filings would enhance the ability to assess spending efficiency and program impact.

Is Newport Public Library Association Legit?

Verdict: Newport Public Library Association shows mixed signals

Red Flags

Strengths