Quick charity verification for Norwood Library Association Inc (EIN: 221981700)
Verdict: Norwood Library Association Inc appears trustworthy
75/100Mission Score
$563KRevenue
$830KAssets
2Red Flags
3Strengths
Red Flags
Lack of detailed spending breakdown without deeper Form 990 analysis.
No explicit mention of executive compensation in provided data, which could be a red flag if significant compensation exists but is not transparently reported.
Strengths
Consistent revenue generation over multiple years, indicating stable community support.
Healthy asset base of $830,281 as of 2023, suggesting financial stability.
Long operational history (data back to 2016) demonstrates sustained service to the community.
AI Transparency Report
Norwood Library Association Inc is a unknown nonprofit based in Norwood, New Jersey, with reported revenue of $563K and assets of $830K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is not reported in the provided data, suggesting it is below the IRS reporting threshold or not applicable. Revenue has declined -58% across 13 filing periods.