Boonslick Regional Library Association Inc
Boonslick Regional Library Association Inc. experiences significant revenue surge after years of minimal financial activity.
EIN: 203506448 · Sedalia, MO · NTEE: B117 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Program Spending | 100% |
| Net Assets | $39K |
| Transparency Score | 75/100 |
Is Boonslick Regional Library Association Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boonslick Regional Library Association Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boonslick Regional Library Association Inc
Boonslick Regional Library Association Inc (EIN: 203506448) is a nonprofit organization based in Sedalia, MO, classified under NTEE code B117. The organization reported total revenue of $1.1M and total assets of $156K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boonslick Regional Library Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boonslick Regional Library Association Inc is a mid-size nonprofit that has been operating for 21 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 32.7%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $0 |
| Surplus / Deficit | +$14K |
| Total Assets | $39K |
| Net Assets | $39K |
| Operating Margin | 100.0% |
Financial Health Grade: A
In 2019, Boonslick Regional Library Association Inc reported a surplus of $14K with revenue exceeding expenses.
Financial Trends
Over 9 years of filings (2011–2019), Boonslick Regional Library Association Inc's revenue has grown at a compound annual growth rate (CAGR) of 32.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +4456.4% | — | +55.8% |
| 2018 | -80.8% | -100.0% | +1.2% |
| 2017 | -65.8% | -81.8% | +4.6% |
| 2016 | +18.6% | — | +8.8% |
| 2015 | -37.9% | — | +22.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Boonslick Regional Library Association Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Boonslick Regional Library Association Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based or receives no compensation, which is highly efficient for an organization of this 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 Boonslick Regional Library Association Inc's IRS 990 filings:
- Lack of detailed expense data for the latest period with significant revenue, making financial efficiency assessment difficult.
- Dramatic and unexplained revenue increase in the latest period compared to historical trends, warranting further scrutiny.
Strengths
The following positive indicators were identified for Boonslick Regional Library Association Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds at the leadership level.
- Historically low liabilities ($0 across all filings), suggesting sound financial management regarding debt.
- Significant increase in assets from $6,450 in 2011 to $156,301 in the latest period, indicating growth in financial resources.
Frequently Asked Questions about Boonslick Regional Library Association Inc
Is Boonslick Regional Library Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Boonslick Regional Library Association Inc (EIN: 203506448) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Boonslick Regional Library Association Inc spend its money?
Boonslick Regional Library Association Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Boonslick Regional Library Association Inc tax-deductible?
Boonslick Regional Library Association Inc is registered as a tax-exempt nonprofit (EIN: 203506448). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Boonslick Regional Library Association Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Boonslick Regional Library Association Inc is above average for NTEE category B117 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Boonslick Regional Library Association Inc located?
Boonslick Regional Library Association Inc is headquartered in Sedalia, Missouri and files with the IRS under EIN 203506448. It is classified under NTEE code B117.
How many years of IRS 990 filings does Boonslick Regional Library Association Inc have?
Boonslick Regional Library Association Inc has 9 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 $1.1M in total revenue.
What caused the significant increase in revenue to $1,086,183 in the latest period, compared to previous years' revenues typically under $14,000?
The provided data does not specify the source of this dramatic revenue increase. Further investigation into the latest 990 filing would be needed to understand the nature of this income.
What are the expenses associated with the latest revenue of $1,086,183, and how are these funds being allocated to programs, administration, and fundraising?
The provided data for the latest period (201906) only shows revenue of $1,086,183 and assets of $156,301, with expenses listed as $0. This lack of expense detail for the period with the highest revenue makes it impossible to determine spending allocation without reviewing the full 990 form.
Given the historical trend of minimal to zero expenses, how does the organization operate and achieve its mission?
The historical data suggests a very lean operation, possibly relying heavily on volunteers and minimal overhead. The NTEE code B117 (Public Libraries) implies community service, which could be delivered with low direct expenses if services are primarily facility-based and staff are volunteers.
Filing History
IRS 990 filing history for Boonslick Regional Library Association Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), Boonslick Regional Library Association Inc's revenue has grown by 861.1%, moving from $1K to $14K. Total assets increased by 501.2% over the same period, from $6K to $39K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $14K | $0 | $39K | $0 | — | View 990 |
| 2018 | $305 | $0 | $25K | $0 | — | View 990 |
| 2017 | $2K | $500 | $25K | $0 | — | View 990 |
| 2016 | $5K | $3K | $23K | $0 | — | View 990 |
| 2015 | $4K | $0 | $22K | $0 | — | View 990 |
| 2014 | $6K | $0 | $18K | $0 | — | View 990 |
| 2013 | $3K | $0 | $11K | $0 | — | View 990 |
| 2012 | $2K | $25 | $9K | $0 | — | View 990 |
| 2011 | $1K | $0 | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $14K, expenses of $0, and assets of $39K (revenue +4456.4% year-over-year).
- 2018: Revenue of $305, expenses of $0, and assets of $25K (revenue -80.8% year-over-year).
- 2017: Revenue of $2K, expenses of $500, and assets of $25K (revenue -65.8% year-over-year).
- 2016: Revenue of $5K, expenses of $3K, and assets of $23K (revenue +18.6% year-over-year).
- 2015: Revenue of $4K, expenses of $0, and assets of $22K (revenue -37.9% year-over-year).
- 2014: Revenue of $6K, expenses of $0, and assets of $18K (revenue +125.7% year-over-year).
- 2013: Revenue of $3K, expenses of $0, and assets of $11K (revenue +30.8% year-over-year).
- 2012: Revenue of $2K, expenses of $25, and assets of $9K (revenue +47.9% year-over-year).
- 2011: Revenue of $1K, expenses of $0, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boonslick Regional Library Association Inc:
Data Sources and Methodology
This transparency report for Boonslick Regional Library Association Inc 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.