Is Public Library Foundation Of Beaufort…

Quick charity verification for Public Library Foundation Of Beaufort County (EIN: 141925218)

Spending Breakdown

How Public Library Foundation Of Beaufort County allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

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 Public Library Foundation Of Beaufort County

Is Public Library Foundation Of Beaufort County a legitimate charity?

Based on AI analysis of IRS 990 filings, Public Library Foundation Of Beaufort County (EIN: 141925218) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Public Library Foundation Of Beaufort County a good charity to donate to?

Public Library Foundation Of Beaufort County has a Mission Score of 95/100. Revenue: $197K. Assets: $918K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Public Library Foundation Of Beaufort County?

The Employer Identification Number (EIN) for Public Library Foundation Of Beaufort County is 141925218. 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 Public Library Foundation Of Beaufort County spend its money?

Public Library Foundation Of Beaufort County allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Public Library Foundation Of Beaufort County's tax-exempt status?

You can verify Public Library Foundation Of Beaufort County's tax-exempt status using EIN 141925218 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 Public Library Foundation Of Beaufort County demonstrates strong financial health and efficient spending, particularly in recent years. For the 202312 period, the organization reported revenue of $121,077 against expenses of only $13,640, indicating a significant surplus that contributes to its growing asset base, which reached $800,629. This trend of low expenses relative to revenue is consistent across multiple filing periods, such as 202112 where expenses were $7,397 on $127,303 in revenue. The foundation's assets have shown consistent growth, from $194,050 in 201112 to $917,624 currently, suggesting effective asset management and accumulation of resources to support its mission. The consistent reporting of zero liabilities across all available filings further underscores a very healthy balance sheet and responsible financial stewardship.

The organization's spending efficiency is exceptionally high, with expenses consistently representing a small fraction of its revenue. For instance, in 202312, expenses were approximately 11.27% of revenue. This indicates that the vast majority of funds raised are either retained to build long-term capacity or directly allocated to program services, though the specific breakdown of program vs. administrative costs isn't detailed in the provided summary. The absence of officer compensation reported across all filings suggests a volunteer-driven leadership, which significantly reduces administrative overhead and maximizes the impact of donations. This operational model inherently promotes high spending efficiency.

In terms of transparency, the organization has a robust filing history with 9 IRS 990 filings, demonstrating consistent compliance with reporting requirements. The clear financial figures, including revenue, expenses, assets, and liabilities, are readily available. The lack of reported officer compensation enhances trust, as it indicates that funds are not being diverted to high executive salaries. Overall, the Public Library Foundation Of Beaufort County appears to be a financially sound and efficiently managed organization with a strong commitment to its mission, supported by its prudent financial practices and transparent reporting.

Is Public Library Foundation Of Beaufort County Legit?

Verdict: Public Library Foundation Of Beaufort County appears trustworthy

Strengths