Quick charity verification for Shelter Island Public Library (EIN: 112015667)
Verdict: Shelter Island Public Library appears trustworthy
85/100Mission Score
$3.7MRevenue
$10.1MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data makes precise spending efficiency analysis difficult.
Unusually consistent 0% officer compensation for an organization with significant assets and revenue, which might warrant further inquiry into leadership compensation structures.
Strengths
Strong and consistent asset growth, from $2,034,817 in 2014 to $8,958,156 in 2023.
Generally positive net revenue (revenue exceeding expenses) in most filing periods, indicating financial sustainability.
Low liabilities relative to assets, suggesting a healthy balance sheet.
Consistent IRS 990 filing history (14 filings), demonstrating good transparency practices.
No reported officer compensation, potentially indicating a highly efficient or volunteer-led executive structure.
Spending Breakdown
How Shelter Island Public Library allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Shelter Island Public Library
Is Shelter Island Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Shelter Island Public Library (EIN: 112015667) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Shelter Island Public Library a good charity to donate to?
Shelter Island Public Library has a Mission Score of 85/100. Revenue: $3.7M. Assets: $10.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Shelter Island Public Library?
The Employer Identification Number (EIN) for Shelter Island Public Library is 112015667. 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 Shelter Island Public Library spend its money?
Shelter Island Public Library allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Shelter Island Public Library's tax-exempt status?
You can verify Shelter Island Public Library's tax-exempt status using EIN 112015667 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 Shelter Island Public Library demonstrates consistent financial health with growing assets and generally positive net revenue over the past decade. In the latest filing (202312), the organization reported revenues of $1,180,060 against expenses of $1,001,951, resulting in a surplus. Their assets have steadily increased, reaching $8,958,156 in 2023, up from $2,034,817 in 2014, indicating strong financial management and growth. The organization's liabilities remain relatively low compared to its assets, suggesting a stable financial position.
Spending efficiency appears sound, with expenses consistently below revenue in most years, allowing for asset accumulation. The absence of reported officer compensation across all available filings suggests a volunteer-led or very lean administrative structure at the top, which can contribute to higher program spending efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.
Transparency is good given the consistent filing of IRS Form 990s over 14 periods. The consistent reporting of 0% officer compensation is a notable point for transparency regarding executive pay. To further enhance transparency, a more detailed public breakdown of functional expenses would be beneficial for donors and the public to understand how funds are allocated across programs, administration, and fundraising efforts.