Armina Brownell Library Fund
EIN: 426136313 · Winterset, IA
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Total Expenses | $19K |
| Net Assets | $232K |
Is Armina Brownell Library Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Armina Brownell Library Fund
Armina Brownell Library Fund (EIN: 426136313) is a nonprofit organization based in Winterset, IA. The organization reported total revenue of $25K and total assets of $231K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Armina Brownell Library Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Armina Brownell Library Fund is a micro nonprofit that has been operating for 53 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19K |
| Total Expenses | $19K |
| Surplus / Deficit | +$489 |
| Total Assets | $232K |
| Total Liabilities | $1 |
| Net Assets | $232K |
| Operating Margin | 2.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 146.9 months |
Financial Health Grade: A
In 2023, Armina Brownell Library Fund reported a surplus of $489 with revenue exceeding expenses, holds 146.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Armina Brownell Library Fund's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.4% | +13.9% | -0.2% |
| 2022 | +62.6% | +58.7% | -0.2% |
| 2021 | -4.5% | +1.9% | +3.2% |
| 2020 | +4.6% | -6.3% | -1.6% |
| 2019 | +143.1% | -35.6% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Armina Brownell Library Fund has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Armina Brownell Library Fund with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $489, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Armina Brownell Library Fund
Is Armina Brownell Library Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Armina Brownell Library Fund (EIN: 426136313) insufficient data. 0 red flags identified, 0 strengths noted.
How does Armina Brownell Library Fund spend its money?
Detailed spending breakdown data is not yet available for Armina Brownell Library Fund. Check back for updated IRS 990 analysis.
Are donations to Armina Brownell Library Fund tax-deductible?
Armina Brownell Library Fund is registered as a tax-exempt nonprofit (EIN: 426136313). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Armina Brownell Library Fund located?
Armina Brownell Library Fund is headquartered in Winterset, Iowa and files with the IRS under EIN 426136313.
How many years of IRS 990 filings does Armina Brownell Library Fund have?
Armina Brownell Library Fund has 10 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 $25K in total revenue.
Filing History
IRS 990 filing history for Armina Brownell Library Fund showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Armina Brownell Library Fund's revenue has grown by 56.1%, moving from $12K to $19K. Total assets decreased by 4.5% over the same period, from $243K to $232K. Total functional expenses rose by 52.2%, from $12K to $19K. In its most recent filing year (2023), Armina Brownell Library Fund reported a surplus of $489, with revenue exceeding expenses. The organization holds $1 in liabilities against $232K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $232K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19K | $19K | $232K | $1 | — | — |
| 2022 | $16K | $17K | $233K | $1 | — | — |
| 2021 | $10K | $10K | $233K | $1 | — | — |
| 2020 | $10K | $10K | $226K | $1 | — | — |
| 2019 | $10K | $11K | $229K | $1 | — | View 990 |
| 2015 | $4K | $17K | $235K | $1 | — | View 990 |
| 2014 | $8K | $3K | $248K | $0 | — | View 990 |
| 2013 | $9K | $9K | $243K | $1 | — | View 990 |
| 2012 | $10K | $10K | $243K | $1 | — | View 990 |
| 2011 | $12K | $12K | $243K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19K, expenses of $19K, and assets of $232K (revenue +20.4% year-over-year).
- 2022: Revenue of $16K, expenses of $17K, and assets of $233K (revenue +62.6% year-over-year).
- 2021: Revenue of $10K, expenses of $10K, and assets of $233K (revenue -4.5% year-over-year).
- 2020: Revenue of $10K, expenses of $10K, and assets of $226K (revenue +4.6% year-over-year).
- 2019: Revenue of $10K, expenses of $11K, and assets of $229K (revenue +143.1% year-over-year).
- 2015: Revenue of $4K, expenses of $17K, and assets of $235K (revenue -50.6% year-over-year).
- 2014: Revenue of $8K, expenses of $3K, and assets of $248K (revenue -7.9% year-over-year).
- 2013: Revenue of $9K, expenses of $9K, and assets of $243K (revenue -8.2% year-over-year).
- 2012: Revenue of $10K, expenses of $10K, and assets of $243K (revenue -21.4% year-over-year).
- 2011: Revenue of $12K, expenses of $12K, and assets of $243K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Armina Brownell Library Fund:
Data Sources and Methodology
This transparency report for Armina Brownell Library Fund 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.