Anne Arundel County Public Libraryfoundation Inc
Anne Arundel County Public Library Foundation maintains over $1M in assets with no reported officer compensation, despite occasional operating deficits.
EIN: 205804064 · Annapolis, MD · NTEE: B70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $942K |
| Total Expenses | $625K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $1.0M |
| Transparency Score | 85/100 |
Is Anne Arundel County Public Libraryfoundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Anne Arundel County Public Libraryfoundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Anne Arundel County Public Libraryfoundation Inc
Anne Arundel County Public Libraryfoundation Inc (EIN: 205804064) is a nonprofit organization based in Annapolis, MD, classified under NTEE code B70. The organization reported total revenue of $942K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anne Arundel County Public Libraryfoundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anne Arundel County Public Libraryfoundation Inc is a small nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $478K |
| Total Expenses | $625K |
| Surplus / Deficit | $-147,121 |
| Total Assets | $1.1M |
| Total Liabilities | $15K |
| Net Assets | $1.0M |
| Operating Margin | -30.8% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 20.2 months |
Financial Health Grade: B
In 2023, Anne Arundel County Public Libraryfoundation Inc reported a deficit of $147K with expenses exceeding revenue, holds 20.2 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Anne Arundel County Public Libraryfoundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.6% | +16.5% | -7.6% |
| 2022 | +86.0% | +25.7% | -0.9% |
| 2021 | -43.4% | +29.6% | -10.3% |
| 2020 | +11.3% | -20.0% | +23.2% |
| 2019 | -25.0% | -21.8% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Anne Arundel County Public Libraryfoundation Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Anne Arundel County Public Libraryfoundation Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $147K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation from the organization. This is highly commendable and suggests that all funds are directed towards the foundation's mission, especially for an organization with assets exceeding $1 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Anne Arundel County Public Libraryfoundation Inc's IRS 990 filings:
- Expenses exceeded revenue in multiple recent periods (e.g., 202306, 202106), indicating potential reliance on reserves or one-time funding.
Strengths
The following positive indicators were identified for Anne Arundel County Public Libraryfoundation Inc:
- Consistent 0% officer compensation across all filings, demonstrating excellent financial efficiency and dedication to mission.
- Substantial and growing asset base, reaching $1,189,394, providing financial stability.
- Clear alignment between organization name, NTEE code (B70 - Libraries), and implied mission.
- Strong historical revenue generation, with latest revenue at $942,389.
Frequently Asked Questions about Anne Arundel County Public Libraryfoundation Inc
Is Anne Arundel County Public Libraryfoundation Inc a legitimate charity?
Anne Arundel County Public Libraryfoundation Inc (EIN: 205804064) is a registered tax-exempt nonprofit based in Maryland. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $942K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Anne Arundel County Public Libraryfoundation Inc spend its money?
Anne Arundel County Public Libraryfoundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Anne Arundel County Public Libraryfoundation Inc tax-deductible?
Anne Arundel County Public Libraryfoundation Inc is registered as a tax-exempt nonprofit (EIN: 205804064). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Anne Arundel County Public Libraryfoundation Inc CEO make?
Anne Arundel County Public Libraryfoundation Inc's highest-compensated officer earns $1 annually. The organization reported $942K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Anne Arundel County Public Libraryfoundation Inc's spending goes to programs?
Anne Arundel County Public Libraryfoundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Anne Arundel County Public Libraryfoundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Anne Arundel County Public Libraryfoundation Inc is above average for NTEE category B70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Anne Arundel County Public Libraryfoundation Inc located?
Anne Arundel County Public Libraryfoundation Inc is headquartered in Annapolis, Maryland and files with the IRS under EIN 205804064. It is classified under NTEE code B70.
How many years of IRS 990 filings does Anne Arundel County Public Libraryfoundation Inc have?
Anne Arundel County Public Libraryfoundation Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $942K in total revenue.
Is Anne Arundel County Public Library Foundation Inc. a good charity?
Based on the available data, the foundation appears to be a good charity. It consistently reports 0% officer compensation, indicating strong financial stewardship. Its assets are substantial, and its mission aligns with public library support. However, potential donors might want to understand the reasons behind years where expenses exceeded revenue, such as in 202306 and 202106.
How does the organization manage its expenses relative to its revenue?
The organization's revenue and expenses have fluctuated. In some periods, like 202206 and 202006, revenue exceeded expenses, contributing to asset growth. However, in other periods, such as 202306 (Revenue=$478,316, Expenses=$625,437) and 202106 (Revenue=$308,331, Expenses=$427,066), expenses surpassed revenue, leading to a draw on assets. This suggests a need for careful financial planning to ensure long-term sustainability.
What is the trend in the organization's assets?
The organization's assets have shown significant growth over the past decade, from $385,705 in 201406 to $1,189,394 in the latest period. While there have been minor dips, such as from $1,282,358 in 202006 to $1,053,728 in 202306, the overall trend indicates a healthy accumulation of resources to support its mission.
Filing History
IRS 990 filing history for Anne Arundel County Public Libraryfoundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Anne Arundel County Public Libraryfoundation Inc's revenue has grown by 234.1%, moving from $143K to $478K. Total assets increased by 384.9% over the same period, from $217K to $1.1M. Total functional expenses rose by 619.2%, from $87K to $625K. In its most recent filing year (2023), Anne Arundel County Public Libraryfoundation Inc reported a deficit of $147K, with expenses exceeding revenue. The organization holds $15K in liabilities against $1.1M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $478K | $625K | $1.1M | $15K | — | View 990 |
| 2022 | $573K | $537K | $1.1M | $8K | — | View 990 |
| 2021 | $308K | $427K | $1.2M | $30K | — | View 990 |
| 2020 | $545K | $329K | $1.3M | $43K | — | View 990 |
| 2019 | $489K | $412K | $1.0M | $15K | — | View 990 |
| 2018 | $652K | $527K | $1.0M | $53K | — | View 990 |
| 2017 | $690K | $271K | $837K | $14K | — | View 990 |
| 2016 | $207K | $202K | $406K | $2K | — | View 990 |
| 2015 | $171K | $158K | $398K | $0 | — | View 990 |
| 2014 | $212K | $112K | $386K | $0 | — | View 990 |
| 2013 | $169K | $100K | $286K | $0 | — | View 990 |
| 2012 | $143K | $87K | $217K | $7 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $478K, expenses of $625K, and assets of $1.1M (revenue -16.6% year-over-year).
- 2022: Revenue of $573K, expenses of $537K, and assets of $1.1M (revenue +86.0% year-over-year).
- 2021: Revenue of $308K, expenses of $427K, and assets of $1.2M (revenue -43.4% year-over-year).
- 2020: Revenue of $545K, expenses of $329K, and assets of $1.3M (revenue +11.3% year-over-year).
- 2019: Revenue of $489K, expenses of $412K, and assets of $1.0M (revenue -25.0% year-over-year).
- 2018: Revenue of $652K, expenses of $527K, and assets of $1.0M (revenue -5.4% year-over-year).
- 2017: Revenue of $690K, expenses of $271K, and assets of $837K (revenue +232.9% year-over-year).
- 2016: Revenue of $207K, expenses of $202K, and assets of $406K (revenue +21.5% year-over-year).
- 2015: Revenue of $171K, expenses of $158K, and assets of $398K (revenue -19.4% year-over-year).
- 2014: Revenue of $212K, expenses of $112K, and assets of $386K (revenue +25.3% year-over-year).
- 2013: Revenue of $169K, expenses of $100K, and assets of $286K (revenue +17.9% year-over-year).
- 2012: Revenue of $143K, expenses of $87K, and assets of $217K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anne Arundel County Public Libraryfoundation Inc:
Data Sources and Methodology
This transparency report for Anne Arundel County Public Libraryfoundation Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.