Zero executive compensation reported across all filings, indicating high efficiency in directing funds to mission.
Consistent asset growth from $3.5M in 2015 to over $5M currently, demonstrating strong financial health.
Generally positive operating margins, with revenues often exceeding expenses (e.g., $841,311 revenue vs. $788,950 expenses in 202406).
Low liabilities relative to assets, suggesting sound financial management and low risk.
Consistent IRS 990 filing history, indicating strong transparency and compliance.
Spending Breakdown
How Skidompha Library Assoc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Skidompha Library Assoc
Is Skidompha Library Assoc a legitimate charity?
Based on AI analysis of IRS 990 filings, Skidompha Library Assoc (EIN: 10228297) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Skidompha Library Assoc a good charity to donate to?
Skidompha Library Assoc has a Mission Score of 95/100. Revenue: $2.0M. Assets: $5.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Skidompha Library Assoc?
The Employer Identification Number (EIN) for Skidompha Library Assoc is 10228297. 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 Skidompha Library Assoc spend its money?
Skidompha Library Assoc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Skidompha Library Assoc's tax-exempt status?
You can verify Skidompha Library Assoc's tax-exempt status using EIN 10228297 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
Skidompha Library Assoc demonstrates consistent financial stability with growing assets over the past decade, reaching $5,091,750 in the latest period. The organization generally manages its expenses well, with revenues often exceeding or closely matching expenditures, as seen in 202406 where revenue was $841,311 against expenses of $788,950. While there have been periods of deficit spending, such as in 202306 ($728,618 revenue vs. $762,837 expenses), these appear to be managed within the context of overall asset growth. The organization's commitment to transparency is high, as evidenced by its consistent filing of IRS Form 990s and the explicit reporting of 0% officer compensation across all available filings, indicating that no highly compensated executives are drawing salaries from the organization, which is a significant positive for a nonprofit of its size.
The library's financial health appears robust, supported by a strong asset base and generally positive operating margins. The absence of officer compensation is a notable strength, suggesting that resources are primarily directed towards its mission. The organization's liabilities have remained relatively low compared to its assets, indicating sound financial management and a low risk profile. The significant revenue spike in 202106 to $1,131,831, followed by a return to more typical levels, suggests successful fundraising or a significant one-time gift, which was effectively managed to increase assets without a corresponding surge in expenses.
Overall, Skidompha Library Assoc exhibits strong financial health, efficient spending practices, and a high degree of transparency, particularly concerning executive compensation. Its consistent asset growth and responsible expense management position it well to continue serving its community.