Belle Plaine Friends Of The Library
EIN: 363474532 · Belle Plaine, MN
| Metric | Value |
|---|---|
| Total Revenue | $3.5M |
| Total Expenses | $323K |
| Net Assets | $66K |
Is Belle Plaine Friends Of The Library Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Belle Plaine Friends Of The Library
Belle Plaine Friends Of The Library (EIN: 363474532) is a nonprofit organization based in Belle Plaine, MN. The organization reported total revenue of $3.5M and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Belle Plaine Friends Of The Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Belle Plaine Friends Of The Library is a mid-size nonprofit that has been operating for 32 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 33.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $335K |
| Total Expenses | $323K |
| Surplus / Deficit | +$12K |
| Total Assets | $67K |
| Total Liabilities | $2K |
| Net Assets | $66K |
| Operating Margin | 3.5% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 2.5 months |
Financial Health Grade: A
In 2023, Belle Plaine Friends Of The Library reported a surplus of $12K with revenue exceeding expenses, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Belle Plaine Friends Of The Library's revenue has grown at a compound annual growth rate (CAGR) of 33.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -89.6% | -90.0% | +24.3% |
| 2022 | -1.0% | +0.5% | -8.2% |
| 2021 | +71.7% | +67.7% | +116.1% |
| 2020 | -9.4% | -6.9% | -54.3% |
| 2019 | +326.9% | +325.2% | +80.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Belle Plaine Friends Of The Library 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 Belle Plaine Friends Of The Library 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 $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.3%.
Frequently Asked Questions about Belle Plaine Friends Of The Library
Is Belle Plaine Friends Of The Library a legitimate charity?
Belle Plaine Friends Of The Library (EIN: 363474532) is a registered tax-exempt nonprofit based in Minnesota. It has 10 years of IRS 990 filings on record. Total revenue: $3.5M. No red flags identified. Financial health grade: A.
How does Belle Plaine Friends Of The Library spend its money?
Belle Plaine Friends Of The Library reported $3.5M in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Belle Plaine Friends Of The Library tax-deductible?
Belle Plaine Friends Of The Library is registered as a tax-exempt nonprofit (EIN: 363474532). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Belle Plaine Friends Of The Library located?
Belle Plaine Friends Of The Library is headquartered in Belle Plaine, Minnesota and files with the IRS under EIN 363474532.
How many years of IRS 990 filings does Belle Plaine Friends Of The Library have?
Belle Plaine Friends Of The Library 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 $3.5M in total revenue.
Filing History
IRS 990 filing history for Belle Plaine Friends Of The Library showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Belle Plaine Friends Of The Library's revenue has grown by 3097.3%, moving from $10K to $335K. Total assets decreased by 31.4% over the same period, from $98K to $67K. Total functional expenses rose by 3620.3%, from $9K to $323K. In its most recent filing year (2023), Belle Plaine Friends Of The Library reported a surplus of $12K, with revenue exceeding expenses. The organization holds $2K in liabilities against $67K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $66K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $335K | $323K | $67K | $2K | — | View 990 |
| 2022 | $3.2M | $3.2M | $54K | $216 | — | View 990 |
| 2021 | $3.2M | $3.2M | $59K | $630 | — | View 990 |
| 2020 | $1.9M | $1.9M | $27K | $1 | — | View 990 |
| 2019 | $2.1M | $2.1M | $59K | $-757 | — | — |
| 2015 | $489K | $485K | $33K | $0 | — | View 990 |
| 2014 | $551K | $549K | $29K | $747 | — | View 990 |
| 2013 | $678K | $703K | $27K | $759 | — | View 990 |
| 2012 | $807K | $853K | $53K | $857 | — | View 990 |
| 2011 | $10K | $9K | $98K | $50 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $335K, expenses of $323K, and assets of $67K (revenue -89.6% year-over-year).
- 2022: Revenue of $3.2M, expenses of $3.2M, and assets of $54K (revenue -1.0% year-over-year).
- 2021: Revenue of $3.2M, expenses of $3.2M, and assets of $59K (revenue +71.7% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.9M, and assets of $27K (revenue -9.4% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.1M, and assets of $59K (revenue +326.9% year-over-year).
- 2015: Revenue of $489K, expenses of $485K, and assets of $33K (revenue -11.3% year-over-year).
- 2014: Revenue of $551K, expenses of $549K, and assets of $29K (revenue -18.7% year-over-year).
- 2013: Revenue of $678K, expenses of $703K, and assets of $27K (revenue -16.1% year-over-year).
- 2012: Revenue of $807K, expenses of $853K, and assets of $53K (revenue +7600.3% year-over-year).
- 2011: Revenue of $10K, expenses of $9K, and assets of $98K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Belle Plaine Friends Of The Library:
Data Sources and Methodology
This transparency report for Belle Plaine Friends Of The Library 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.