Is Wilton Free Library Association Legit? —…

Quick charity verification for Wilton Free Library Association (EIN: 10286579)

Spending Breakdown

How Wilton Free Library Association allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Wilton Free Library Association

Is Wilton Free Library Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Wilton Free Library Association (EIN: 10286579) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.

Is Wilton Free Library Association a good charity to donate to?

Wilton Free Library Association has a Mission Score of 92/100. Revenue: $191K. Assets: $921K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Wilton Free Library Association?

The Employer Identification Number (EIN) for Wilton Free Library Association is 10286579. 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 Wilton Free Library Association spend its money?

Wilton Free Library Association allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Wilton Free Library Association's tax-exempt status?

You can verify Wilton Free Library Association's tax-exempt status using EIN 10286579 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 Wilton Free Library Association demonstrates consistent financial operations, with revenues generally aligning with expenses over the past decade. While there have been fluctuations, such as a significant revenue spike in 2018 to $461,564, the organization typically operates with revenues in the $150,000-$200,000 range. The organization's assets have shown steady growth, increasing from $601,266 in 2014 to $843,226 in 2023, indicating sound financial management and accumulation of resources. Liabilities have remained low across most periods, suggesting a healthy balance sheet.

Spending efficiency appears reasonable for a library, with a focus on program delivery. The absence of reported officer compensation across all filings is a strong indicator of efficient use of funds, as it suggests a volunteer-led or minimally compensated leadership structure, allowing more resources to be directed towards the library's mission. The organization's consistent filing of IRS Form 990s demonstrates a commitment to transparency, providing a clear historical record of its financial activities.

Overall, the Wilton Free Library Association appears to be a financially stable and well-managed nonprofit. Its consistent asset growth, low liabilities, and lack of officer compensation point to a responsible approach to financial stewardship. The minor deficits in some years (e.g., 2023 with expenses of $198,581 against revenue of $197,269) are not uncommon for nonprofits and are likely managed through reserves, given the overall asset growth.

Is Wilton Free Library Association Legit?

Verdict: Wilton Free Library Association appears trustworthy

Strengths