Expenses exceeded revenue in 2023 and 2022, potentially indicating reliance on reserves or inconsistent funding.
Strengths
No officer compensation reported across all filings, indicating efficient use of funds for leadership.
Consistent growth in assets, reaching $641,831, demonstrating financial stability.
Zero liabilities reported, indicating a healthy balance sheet.
Spending Breakdown
How Rutherford Library Assn allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
0%
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 Rutherford Library Assn
Is Rutherford Library Assn a legitimate charity?
Based on AI analysis of IRS 990 filings, Rutherford Library Assn (EIN: 10379301) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Rutherford Library Assn a good charity to donate to?
Rutherford Library Assn has a Mission Score of 85/100. Revenue: $132K. Assets: $642K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rutherford Library Assn?
The Employer Identification Number (EIN) for Rutherford Library Assn is 10379301. 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 Rutherford Library Assn spend its money?
Rutherford Library Assn allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rutherford Library Assn's tax-exempt status?
You can verify Rutherford Library Assn's tax-exempt status using EIN 10379301 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 Rutherford Library Assn demonstrates consistent financial stability with growing assets, reaching $641,831 in the latest period. While the organization experienced a significant revenue increase to $131,974 in the latest period, its expenses have generally outpaced revenue in prior years, as seen with $73,647 in expenses against $60,926 in revenue in 2023 and $60,373 in expenses against $41,770 in revenue in 2022. This suggests a reliance on accumulated assets or prior period surpluses to cover operational costs. The organization reports 0% officer compensation across all available filings, indicating a volunteer-led or very lean administrative structure, which is a positive sign for donor confidence regarding executive pay. However, without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency beyond the lack of executive compensation.