Belmond Public Library Foundation
EIN: 421212466 · Belmond, IA
| Metric | Value |
|---|---|
| Total Revenue | $26K |
| Total Expenses | $12K |
| Net Assets | $296K |
Is Belmond Public Library Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Belmond Public Library Foundation
Belmond Public Library Foundation (EIN: 421212466) is a nonprofit organization based in Belmond, IA. The organization reported total revenue of $26K and total assets of $308K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Belmond Public Library Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Belmond Public Library Foundation is a micro nonprofit that has been operating for 38 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $33K |
| Total Expenses | $12K |
| Surplus / Deficit | +$21K |
| Total Assets | $296K |
| Net Assets | $296K |
| Operating Margin | 63.7% |
| Months of Reserves | 292.5 months |
Financial Health Grade: A
In 2023, Belmond Public Library Foundation reported a surplus of $21K with revenue exceeding expenses, holds 292.5 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2023), Belmond Public Library Foundation's revenue has grown at a compound annual growth rate (CAGR) of 9.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.0% | -12.1% | +7.8% |
| 2022 | -14.2% | -10.8% | +5.3% |
| 2021 | +36.2% | +17.5% | +6.9% |
| 2020 | -24.5% | -21.7% | +4.5% |
| 2019 | -5.7% | +2.8% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Belmond Public Library Foundation 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 Belmond Public Library Foundation 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 $21K, with revenue exceeding expenses.
Frequently Asked Questions about Belmond Public Library Foundation
Is Belmond Public Library Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Belmond Public Library Foundation (EIN: 421212466) insufficient data. 0 red flags identified, 0 strengths noted.
How does Belmond Public Library Foundation spend its money?
Detailed spending breakdown data is not yet available for Belmond Public Library Foundation. Check back for updated IRS 990 analysis.
Are donations to Belmond Public Library Foundation tax-deductible?
Belmond Public Library Foundation is registered as a tax-exempt nonprofit (EIN: 421212466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Belmond Public Library Foundation located?
Belmond Public Library Foundation is headquartered in Belmond, Iowa and files with the IRS under EIN 421212466.
How many years of IRS 990 filings does Belmond Public Library Foundation have?
Belmond Public Library Foundation has 14 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 $26K in total revenue.
Filing History
IRS 990 filing history for Belmond Public Library Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Belmond Public Library Foundation's revenue has grown by 206%, moving from $11K to $33K. Total assets increased by 197.7% over the same period, from $100K to $296K. Total functional expenses fell by 39.6%, from $20K to $12K. In its most recent filing year (2023), Belmond Public Library Foundation reported a surplus of $21K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $33K | $12K | $296K | $0 | — | — |
| 2022 | $28K | $14K | $275K | $0 | — | View 990 |
| 2021 | $32K | $16K | $261K | $0 | — | — |
| 2020 | $24K | $13K | $244K | $0 | — | — |
| 2019 | $31K | $17K | $234K | $0 | — | View 990 |
| 2018 | $33K | $16K | $219K | $0 | — | View 990 |
| 2017 | $47K | $19K | $202K | $0 | — | — |
| 2016 | $43K | $15K | $174K | $0 | — | View 990 |
| 2015 | $23K | $13K | $145K | $0 | — | View 990 |
| 2014 | $28K | $12K | $135K | $0 | — | View 990 |
| 2013 | $4K | $323 | $119K | $0 | — | View 990 |
| 2013 | $21K | $11K | $116K | $0 | — | View 990 |
| 2012 | $22K | $16K | $106K | $0 | — | View 990 |
| 2011 | $11K | $20K | $100K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $33K, expenses of $12K, and assets of $296K (revenue +21.0% year-over-year).
- 2022: Revenue of $28K, expenses of $14K, and assets of $275K (revenue -14.2% year-over-year).
- 2021: Revenue of $32K, expenses of $16K, and assets of $261K (revenue +36.2% year-over-year).
- 2020: Revenue of $24K, expenses of $13K, and assets of $244K (revenue -24.5% year-over-year).
- 2019: Revenue of $31K, expenses of $17K, and assets of $234K (revenue -5.7% year-over-year).
- 2018: Revenue of $33K, expenses of $16K, and assets of $219K (revenue -29.7% year-over-year).
- 2017: Revenue of $47K, expenses of $19K, and assets of $202K (revenue +9.4% year-over-year).
- 2016: Revenue of $43K, expenses of $15K, and assets of $174K (revenue +87.0% year-over-year).
- 2015: Revenue of $23K, expenses of $13K, and assets of $145K (revenue -16.9% year-over-year).
- 2014: Revenue of $28K, expenses of $12K, and assets of $135K (revenue +695.4% year-over-year).
- 2013: Revenue of $4K, expenses of $323, and assets of $119K (revenue -83.6% year-over-year).
- 2013: Revenue of $21K, expenses of $11K, and assets of $116K (revenue -3.6% year-over-year).
- 2012: Revenue of $22K, expenses of $16K, and assets of $106K (revenue +103.3% year-over-year).
- 2011: Revenue of $11K, expenses of $20K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Belmond Public Library Foundation:
Data Sources and Methodology
This transparency report for Belmond Public 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.