Quick charity verification for Turner Public Library (EIN: 10388492)
Verdict: Turner Public Library appears trustworthy
95/100Mission Score
$258KRevenue
$627KAssets
1Red Flags
5Strengths
Red Flags
Expenses exceeding revenue in recent periods (2023, 2024)
Strengths
Consistent asset growth from $374,498 in 2015 to $627,113 in 2024
Zero reported liabilities across all filings
0% officer compensation, indicating high efficiency and direct program focus
Consistent IRS 990 filing history (14 filings) demonstrating transparency
Strong financial reserves relative to annual expenses
Spending Breakdown
How Turner Public 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 Turner Public Library
Is Turner Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Turner Public Library (EIN: 10388492) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Turner Public Library a good charity to donate to?
Turner Public Library has a Mission Score of 95/100. Revenue: $258K. Assets: $627K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Turner Public Library?
The Employer Identification Number (EIN) for Turner Public Library is 10388492. 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 Turner Public Library spend its money?
Turner Public Library allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Turner Public Library's tax-exempt status?
You can verify Turner Public Library's tax-exempt status using EIN 10388492 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
Turner Public Library demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. Over the past decade, the organization has shown a steady increase in assets, growing from $374,498 in 2015 to $627,113 in 2024, indicating sound financial management and accumulation of resources. While recent years (2023 and 2024) show expenses exceeding revenue, this appears to be a short-term trend following a significant revenue spike in 2022 ($159,897). The organization's liabilities consistently being reported as $0 across all filings is a strong indicator of financial health and responsible debt management. The absence of officer compensation further suggests that resources are directly allocated to the library's operations and programs, enhancing its spending efficiency.
The library's spending efficiency appears high, particularly given the lack of reported officer compensation. With no fundraising expenses explicitly detailed in the provided data, it's assumed that a significant portion of expenses are directed towards program services and administrative overhead necessary for library operations. The consistent filing of IRS 990s over 14 periods demonstrates a commitment to transparency, allowing public scrutiny of its financial activities. The detailed financial history provides a clear picture of its revenue and expenditure trends, reinforcing its transparent operations.
Overall, Turner Public Library exhibits strong financial health, high spending efficiency due to minimal overhead costs like executive compensation, and a commendable level of transparency through its consistent public filings. The organization's ability to maintain zero liabilities and grow its asset base over time, despite fluctuations in annual revenue, speaks to its prudent financial stewardship.