Bettendorf Public Library Foundation
Bettendorf Public Library Foundation maintains strong assets and zero officer compensation, despite occasional operating deficits.
EIN: 203419196 · Bettendorf, IA · NTEE: B70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $248K |
| Total Expenses | $229K |
| Program Spending | 90% |
| Net Assets | $1.4M |
| Transparency Score | 95/100 |
Is Bettendorf Public Library Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bettendorf Public Library Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bettendorf Public Library Foundation
Bettendorf Public Library Foundation (EIN: 203419196) is a nonprofit organization based in Bettendorf, IA, classified under NTEE code B70. The organization reported total revenue of $248K and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bettendorf Public Library Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bettendorf Public Library Foundation is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $182K |
| Total Expenses | $229K |
| Surplus / Deficit | $-47,387 |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | -26.0% |
| Months of Reserves | 71.0 months |
Financial Health Grade: B
In 2023, Bettendorf Public Library Foundation reported a deficit of $47K with expenses exceeding revenue, holds 71.0 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Bettendorf Public Library Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.8% | +51.1% | +4.3% |
| 2022 | +11.1% | +99.4% | -12.7% |
| 2021 | -37.8% | -63.7% | +28.9% |
| 2020 | +89.8% | +93.8% | -6.4% |
| 2019 | -8.3% | +6.7% | +0.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Bettendorf Public Library Foundation with a Mission Score of 95 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: 90%
- fundraising: 0%
According to IRS 990 filings, Bettendorf Public Library Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $47K, with expenses exceeding revenue.
Executive Compensation Analysis
The Bettendorf Public Library Foundation reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size and asset base.
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 Bettendorf Public Library Foundation's IRS 990 filings:
- Expenses exceeded revenue in the 2023 period ($229,322 expenses vs. $181,935 revenue), indicating an operating deficit for that year.
Strengths
The following positive indicators were identified for Bettendorf Public Library Foundation:
- Consistently reports 0% officer compensation across all filings, demonstrating volunteer leadership and efficient use of funds.
- Maintains a strong and growing asset base, reaching $1,356,192 in 2023, indicating long-term financial stability.
- Extremely low to zero liabilities across all reported periods, reflecting excellent financial management and minimal debt.
- Clear focus on supporting the Bettendorf Public Library, aligning with its NTEE code B70 (Libraries).
Frequently Asked Questions about Bettendorf Public Library Foundation
Is Bettendorf Public Library Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Bettendorf Public Library Foundation (EIN: 203419196) some concerns. Mission Score: 95/100. 1 red flag identified, 4 strengths noted.
How does Bettendorf Public Library Foundation spend its money?
Bettendorf Public Library Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bettendorf Public Library Foundation tax-deductible?
Bettendorf Public Library Foundation is registered as a tax-exempt nonprofit (EIN: 203419196). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Bettendorf Public Library Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Bettendorf Public Library Foundation 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 Bettendorf Public Library Foundation located?
Bettendorf Public Library Foundation is headquartered in Bettendorf, Iowa and files with the IRS under EIN 203419196. It is classified under NTEE code B70.
How many years of IRS 990 filings does Bettendorf Public Library Foundation have?
Bettendorf Public Library Foundation 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 $248K in total revenue.
Is the Bettendorf Public Library Foundation a good charity?
Yes, the Bettendorf Public Library Foundation appears to be a very good charity. It consistently reports 0% officer compensation, maintains a healthy asset base (over $1.3 million in 2023), and has minimal liabilities, indicating strong financial health and efficient use of resources for its mission to support the library.
How does the foundation primarily spend its money?
Based on the lack of officer compensation and the nature of a library foundation, the vast majority of its expenses would be directed towards program support for the Bettendorf Public Library, such as funding resources, events, or capital improvements, with a small portion for essential administrative overhead.
Has the foundation's financial health improved over time?
The foundation's assets have shown consistent growth over the long term, increasing from $1,078,762 in 2016 to $1,356,192 in 2023, indicating an improvement in its overall financial strength and endowment building.
Filing History
IRS 990 filing history for Bettendorf Public Library Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Bettendorf Public Library Foundation's revenue has declined by 17.2%, moving from $220K to $182K. Total assets increased by 6.3% over the same period, from $1.3M to $1.4M. Total functional expenses rose by 109.2%, from $110K to $229K. In its most recent filing year (2023), Bettendorf Public Library Foundation reported a deficit of $47K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $182K | $229K | $1.4M | $0 | — | View 990 |
| 2022 | $158K | $152K | $1.3M | $289 | — | View 990 |
| 2021 | $143K | $76K | $1.5M | $-2,199 | — | View 990 |
| 2020 | $229K | $209K | $1.2M | $9K | — | View 990 |
| 2019 | $121K | $108K | $1.2M | $6K | — | View 990 |
| 2018 | $132K | $101K | $1.2M | $0 | — | View 990 |
| 2017 | $115K | $146K | $1.2M | $8K | — | View 990 |
| 2016 | $122K | $99K | $1.1M | $0 | — | View 990 |
| 2015 | $156K | $779K | $1.1M | $0 | — | View 990 |
| 2014 | $447K | $381K | $1.8M | $0 | — | View 990 |
| 2013 | $344K | $140K | $1.6M | $0 | — | View 990 |
| 2012 | $220K | $110K | $1.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $182K, expenses of $229K, and assets of $1.4M (revenue +14.8% year-over-year).
- 2022: Revenue of $158K, expenses of $152K, and assets of $1.3M (revenue +11.1% year-over-year).
- 2021: Revenue of $143K, expenses of $76K, and assets of $1.5M (revenue -37.8% year-over-year).
- 2020: Revenue of $229K, expenses of $209K, and assets of $1.2M (revenue +89.8% year-over-year).
- 2019: Revenue of $121K, expenses of $108K, and assets of $1.2M (revenue -8.3% year-over-year).
- 2018: Revenue of $132K, expenses of $101K, and assets of $1.2M (revenue +14.8% year-over-year).
- 2017: Revenue of $115K, expenses of $146K, and assets of $1.2M (revenue -6.2% year-over-year).
- 2016: Revenue of $122K, expenses of $99K, and assets of $1.1M (revenue -21.8% year-over-year).
- 2015: Revenue of $156K, expenses of $779K, and assets of $1.1M (revenue -65.0% year-over-year).
- 2014: Revenue of $447K, expenses of $381K, and assets of $1.8M (revenue +30.1% year-over-year).
- 2013: Revenue of $344K, expenses of $140K, and assets of $1.6M (revenue +56.4% year-over-year).
- 2012: Revenue of $220K, expenses of $110K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bettendorf Public Library Foundation:
Data Sources and Methodology
This transparency report for Bettendorf 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.