Barnwell County Library Foundation
Barnwell County Library Foundation maintains stable finances with volunteer leadership and substantial assets.
EIN: 200294871 · Barnwell, SC · NTEE: B117 · Updated: 2026-03-28
About Barnwell County Library Foundation
Barnwell County Library Foundation (EIN: 200294871) is a nonprofit organization based in Barnwell, SC, classified under NTEE code B117. The organization reported total revenue of $26K and total assets of $506K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Barnwell County Library Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Barnwell County Library Foundation with a Mission Score of 88 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Barnwell County Library Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is run by volunteers. This structure significantly reduces administrative costs relative to its modest revenue and asset size.
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 Barnwell County Library Foundation's IRS 990 filings:
- Expenses occasionally exceed revenue, as seen in 2024 ($28,600 expenses vs. $24,968 revenue), which could lead to asset depletion if not managed.
Strengths
The following positive indicators were identified for Barnwell County Library Foundation:
- Consistent 0% officer compensation, indicating volunteer leadership and low administrative costs.
- Substantial asset base ($506,358) relative to annual revenue ($25,844), providing strong financial security.
- Long and consistent IRS 990 filing history (14 filings), demonstrating transparency and compliance.
- Stable revenue streams over many years, typically in the $20,000-$30,000 range.
Frequently Asked Questions about Barnwell County Library Foundation
Is the Barnwell County Library Foundation financially stable?
Yes, the foundation appears financially stable. Despite some years where expenses slightly exceeded revenue (e.g., 2024 with $28,600 expenses vs. $24,968 revenue), its substantial assets of $506,358 provide a strong financial cushion.
How efficient is the Barnwell County Library Foundation with its spending?
The foundation appears efficient, particularly due to its 0% officer compensation, which minimizes administrative overhead. This allows a greater proportion of funds to be directed towards its programmatic mission.
Does the Barnwell County Library Foundation rely heavily on fundraising?
Given its consistent revenue levels and volunteer leadership, the foundation likely relies on a stable base of support rather than intensive, high-cost fundraising efforts, as suggested by the low estimated fundraising percentage.
Filing History
IRS 990 filing history for Barnwell County Library Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Barnwell County Library Foundation's revenue has grown by 109.9%, moving from $12K to $25K. Total assets decreased by 83.1% over the same period, from $2.4M to $409K. Total functional expenses fell by 72.1%, from $103K to $29K. In its most recent filing year (2024), Barnwell County Library Foundation reported a deficit of $4K, with expenses exceeding revenue. The organization holds $23K in liabilities against $409K in assets (debt-to-asset ratio: 5.6%), resulting in net assets of $386K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $25K | $29K | $409K | $23K | — | — |
| 2023 | $25K | $26K | $428K | $44K | — | View 990 |
| 2022 | $27K | $23K | $449K | $65K | — | — |
| 2021 | $30K | $24K | $382K | $2K | — | View 990 |
| 2020 | $24K | $32K | $374K | $0 | — | View 990 |
| 2019 | $34K | $35K | $383K | $909 | — | View 990 |
| 2018 | $25K | $39K | $396K | $13K | — | View 990 |
| 2017 | $24K | $40K | $413K | $17K | — | View 990 |
| 2016 | $24K | $42K | $431K | $19K | — | View 990 |
| 2015 | $27K | $43K | $449K | $20K | — | View 990 |
| 2014 | $27K | $39K | $463K | $17K | — | View 990 |
| 2013 | $28K | $39K | $469K | $11K | — | View 990 |
| 2012 | $-1,852,202 | $81K | $481K | $11K | — | View 990 |
| 2011 | $12K | $103K | $2.4M | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $25K, expenses of $29K, and assets of $409K (revenue -0.4% year-over-year).
- 2023: Revenue of $25K, expenses of $26K, and assets of $428K (revenue -7.6% year-over-year).
- 2022: Revenue of $27K, expenses of $23K, and assets of $449K (revenue -9.5% year-over-year).
- 2021: Revenue of $30K, expenses of $24K, and assets of $382K (revenue +22.8% year-over-year).
- 2020: Revenue of $24K, expenses of $32K, and assets of $374K (revenue -28.5% year-over-year).
- 2019: Revenue of $34K, expenses of $35K, and assets of $383K (revenue +35.2% year-over-year).
- 2018: Revenue of $25K, expenses of $39K, and assets of $396K (revenue +3.4% year-over-year).
- 2017: Revenue of $24K, expenses of $40K, and assets of $413K (revenue +1.7% year-over-year).
- 2016: Revenue of $24K, expenses of $42K, and assets of $431K (revenue -12.1% year-over-year).
- 2015: Revenue of $27K, expenses of $43K, and assets of $449K (revenue +1.4% year-over-year).
- 2014: Revenue of $27K, expenses of $39K, and assets of $463K (revenue -2.3% year-over-year).
- 2013: Revenue of $28K, expenses of $39K, and assets of $469K.
- 2012: Revenue of $-1,852,202, expenses of $81K, and assets of $481K (revenue -15672.6% year-over-year).
- 2011: Revenue of $12K, expenses of $103K, and assets of $2.4M.
Data Sources and Methodology
This transparency report for Barnwell County Library Foundation 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.