Quick charity verification for Trustees Of Merrill Memorial Library (EIN: 16012936)
Verdict: Trustees Of Merrill Memorial Library appears trustworthy
95/100Mission Score
$679KRevenue
$4.2MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero officer compensation reported across all filings, indicating highly efficient use of funds.
Consistent asset growth, from $3,940,818 in 201506 to $4,205,447 in 202406, demonstrating financial stability.
Zero liabilities reported in recent periods (e.g., 202406, 202306, 202206), indicating a healthy balance sheet.
Revenue consistently exceeds expenses in most recent periods (e.g., $722,844 revenue vs. $645,166 expenses in 202406), showing sound financial management.
Strong program focus implied by the lack of executive compensation and low administrative overhead.
Spending Breakdown
How Trustees Of Merrill Memorial Library allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Trustees Of Merrill Memorial Library
Is Trustees Of Merrill Memorial Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Trustees Of Merrill Memorial Library (EIN: 16012936) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Trustees Of Merrill Memorial Library a good charity to donate to?
Trustees Of Merrill Memorial Library has a Mission Score of 95/100. Revenue: $679K. Assets: $4.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Trustees Of Merrill Memorial Library?
The Employer Identification Number (EIN) for Trustees Of Merrill Memorial Library is 16012936. 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 Trustees Of Merrill Memorial Library spend its money?
Trustees Of Merrill Memorial Library allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Trustees Of Merrill Memorial Library's tax-exempt status?
You can verify Trustees Of Merrill Memorial Library's tax-exempt status using EIN 16012936 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 Trustees Of Merrill Memorial Library demonstrates consistent financial stability and a strong commitment to its mission, as evidenced by its IRS 990 filings. Over the past several years, the organization has maintained a healthy asset base, with assets consistently above $3.9 million, reaching $4,205,447 in the 202406 period. Their revenue streams appear stable, with the latest reported revenue at $722,844, comfortably exceeding expenses of $645,166, indicating sound financial management and an ability to cover operational costs.
The organization exhibits excellent spending efficiency, particularly given its operational nature as a library. With no reported officer compensation across all available filings, and zero liabilities in recent periods, the vast majority of funds are directed towards program services and essential administrative functions. This suggests a highly volunteer-driven or modestly compensated leadership structure, which is a positive indicator for donor confidence and resource allocation.
Transparency is high, with 14 filings available and consistent reporting of key financial metrics. The absence of liabilities in recent years further simplifies their financial picture and enhances clarity. The consistent growth in assets, from $3,940,818 in 201506 to $4,205,447 in 202406, while managing expenses effectively, points to a well-managed and financially robust institution serving its community.