Is Phillips Public Library Legit?

Spending Breakdown

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

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Phillips Public Library

Is Phillips Public Library a legitimate charity?

Based on AI analysis of IRS 990 filings, Phillips Public Library (EIN: 10400759) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.

Is Phillips Public Library a good charity to donate to?

Phillips Public Library has a Mission Score of 75/100. Revenue: $0. Assets: $96K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Phillips Public Library?

The Employer Identification Number (EIN) for Phillips Public Library is 10400759. 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 Phillips Public Library spend its money?

Phillips Public Library allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Phillips Public Library's tax-exempt status using EIN 10400759 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

Phillips Public Library demonstrates consistent financial activity over the past decade, with revenues generally ranging from $30,000 to $65,000 and expenses typically between $50,000 and $87,000. The organization consistently reports zero liabilities in recent years (2022-2023), indicating a healthy balance sheet and responsible financial management. While the latest reported revenue is $0, this appears to be an anomaly given the consistent revenue streams in prior years, and the organization still holds significant assets of $95,962. The absence of officer compensation across all reported periods suggests a volunteer-driven leadership model, which can be a positive indicator of efficient resource allocation.

The library's financial health appears stable, with assets consistently exceeding liabilities. However, the consistent trend of expenses exceeding revenue in most years (e.g., 2023: $59,556 revenue vs. $74,141 expenses; 2022: $58,739 revenue vs. $65,354 expenses) suggests a reliance on drawing down reserves or other non-operating income sources to cover annual costs. This is not necessarily a red flag for a library, which often relies on endowments or community support, but it warrants monitoring. The organization's transparency is high given the consistent filing of IRS Form 990s and the clear reporting of financial data, including zero officer compensation.

Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the lack of officer compensation implies that a significant portion of operational costs is likely directed towards the library's mission. The consistent asset base, despite annual operating deficits, suggests prudent management of its financial resources over time.

Verdict: Phillips Public Library appears trustworthy

Red Flags

Strengths