Camden Public Library Centennial Fund

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Camden Public Library Centennial Fund Form 990, Revenue, CEO Pay, and IRS Filing Signals

Camden Public Library Centennial Fund is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Camden Public Library Centennial Fund in one place.

Is Camden Public Library Centennial Fund Legit?

Appears Legitimate

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

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Where the Money Comes From and Where It Goes

Across stored filings, Camden Public Library Centennial Fund shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

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Camden Public Library Centennial Fund directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Camden Public Library Centennial Fund

Camden Public Library Centennial Fund (EIN: 10505002) is a nonprofit organization based in Camden, ME, classified under NTEE code T22Z. The organization reported total revenue of $51K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camden Public Library Centennial Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Camden Public Library Centennial Fund is a micro nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Camden Public Library Centennial Fund reported a surplus of $625 with revenue exceeding expenses, holds 266.8 months of operating reserves (strong position).

Financial Trends

Over 13 years of filings (2011–2023), Camden Public Library Centennial Fund's revenue has declined at a compound annual growth rate (CAGR) of -3.3%.

IRS Tax-Exempt Classification

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 Camden Public Library Centennial Fund 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: 5%
• programs: 95%
• fundraising: 0%

According to IRS 990 filings, Camden Public Library Centennial Fund allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 surplus of $625, with revenue exceeding expenses.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating a volunteer-led board and no paid officers, which is highly efficient for an organization of this size with assets exceeding $1 million.

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.

Strengths

The following positive indicators were identified for Camden Public Library Centennial Fund:

• Consistent asset growth, from $1,051,319 in 2015 to $1,284,085 in 2023.
• Zero liabilities reported across all available filings, indicating strong financial health.
• 0% officer compensation, demonstrating efficient use of funds and volunteer governance.
• Stable revenue and expenses, showing predictable financial operations.
• High program efficiency due to minimal overhead and no executive compensation.

Frequently Asked Questions about Camden Public Library Centennial Fund

Filing History

IRS 990 filing history for Camden Public Library Centennial Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Camden Public Library Centennial Fund's revenue has declined by 33.1%, moving from $87K to $58K. Total assets increased by 30.4% over the same period, from $985K to $1.3M. Total functional expenses fell by 55.5%, from $130K to $58K. In its most recent filing year (2023), Camden Public Library Centennial Fund reported a surplus of $625, with revenue exceeding expenses.

Year-by-Year Financial Summary

• 2023: Revenue of $58K, expenses of $58K, and assets of $1.3M (revenue +0.5% year-over-year).
• 2022: Revenue of $58K, expenses of $58K, and assets of $1.2M (revenue +32.1% year-over-year).
• 2021: Revenue of $44K, expenses of $44K, and assets of $1.5M (revenue +0.4% year-over-year).
• 2020: Revenue of $44K, expenses of $44K, and assets of $1.3M (revenue +0.0% year-over-year).
• 2019: Revenue of $44K, expenses of $43K, and assets of $1.2M (revenue +1.9% year-over-year).
• 2018: Revenue of $43K, expenses of $48K, and assets of $1.1M (revenue -0.2% year-over-year).
• 2017: Revenue of $43K, expenses of $42K, and assets of $1.2M (revenue -5.9% year-over-year).
• 2016: Revenue of $46K, expenses of $42K, and assets of $1.1M (revenue +5.9% year-over-year).
• 2015: Revenue of $43K, expenses of $42K, and assets of $1.1M (revenue +3.4% year-over-year).
• 2014: Revenue of $42K, expenses of $41K, and assets of $1.1M (revenue -2.9% year-over-year).
• 2013: Revenue of $43K, expenses of $35K, and assets of $1.1M (revenue -37.1% year-over-year).
• 2012: Revenue of $69K, expenses of $41K, and assets of $1.0M (revenue -21.5% year-over-year).
• 2011: Revenue of $87K, expenses of $130K, and assets of $985K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Camden Public Library Centennial Fund:

Data Sources and Methodology

This transparency report for Camden Public Library Centennial Fund 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.