Quick charity verification for Toy Library Center (EIN: 10460311)
Verdict: Toy Library Center shows mixed signals
40/100Mission Score
$0Revenue
$0Assets
3Red Flags
2Strengths
Red Flags
Zero revenue and assets in the latest filing, indicating potential inactivity.
Consistent deficit spending in prior years (e.g., 2015 expenses $7,809 vs. revenue $1,285).
Significant decline in assets from $8,187 in 2014 to $0 in the latest period.
Strengths
No reported officer compensation, suggesting volunteer leadership.
Two IRS 990 filings available, demonstrating some level of transparency during its active period.
Spending Breakdown
How Toy Library Center allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Toy Library Center
Is Toy Library Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Toy Library Center (EIN: 10460311) shows mixed signals. Mission Score: 40/100. 3 red flags identified, 2 strengths noted.
Is Toy Library Center a good charity to donate to?
Toy Library Center has a Mission Score of 40/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Toy Library Center?
The Employer Identification Number (EIN) for Toy Library Center is 10460311. 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 Toy Library Center spend its money?
Toy Library Center allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Toy Library Center's tax-exempt status?
You can verify Toy Library Center's tax-exempt status using EIN 10460311 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
Toy Library Center appears to be a very small, likely volunteer-run organization, given its minimal revenue and assets. The latest filing shows zero revenue and assets, which could indicate inactivity or a very recent cessation of operations. In prior years, the organization consistently spent more than it brought in, with expenses significantly exceeding revenue in both 2014 and 2015. For example, in 2015, expenses were $7,809 against revenue of $1,285, and in 2014, expenses were $7,930 against revenue of $4,315. This consistent deficit spending, coupled with the current zero revenue and assets, raises concerns about its long-term financial viability and current operational status. The organization's transparency is adequate given its small size, with two 990 filings available, but the lack of recent financial activity is a significant point of concern.