Camden Public Library Maintenance Fund
Camden Public Library Maintenance Fund maintains stable operations with consistent expenses and no officer compensation.
EIN: 16015947 · Camden, ME · NTEE: B71I · Updated: 2026-03-28
Is Camden Public Library Maintenance Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Camden Public Library Maintenance Fund directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Camden Public Library Maintenance Fund
Camden Public Library Maintenance Fund (EIN: 16015947) is a nonprofit organization based in Camden, ME, classified under NTEE code B71I. The organization reported total revenue of $87K and total assets of $906K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Camden Public Library Maintenance Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Camden Public Library Maintenance Fund with a Mission Score of 90 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: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Camden Public Library Maintenance Fund 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.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either volunteer-based or compensated through other means not reported as officer compensation, which is a positive sign for donor confidence.
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 Camden Public Library Maintenance Fund's IRS 990 filings:
- Negative revenue reported in 2023 without clear explanation in summary data.
Strengths
The following positive indicators were identified for Camden Public Library Maintenance Fund:
- Consistent and low annual expenses relative to assets.
- No reported officer compensation, indicating volunteer leadership or efficient use of funds.
- Zero liabilities reported across all filings, demonstrating strong financial health.
- Significant and growing asset base, providing long-term stability.
- Clear focus on its mission with 100% program spending.
Frequently Asked Questions about Camden Public Library Maintenance Fund
Is Camden Public Library Maintenance Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Camden Public Library Maintenance Fund (EIN: 16015947) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Camden Public Library Maintenance Fund spend its money?
Camden Public Library Maintenance Fund directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Camden Public Library Maintenance Fund tax-deductible?
Camden Public Library Maintenance Fund is registered as a tax-exempt nonprofit (EIN: 16015947). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Camden Public Library Maintenance Fund a good charity?
Based on the available data, the Camden Public Library Maintenance Fund appears to be a well-managed and efficient organization. It has a strong asset base, consistent expenses, and no reported officer compensation or liabilities, suggesting that funds are directly applied to its mission.
Why was revenue negative in 2023?
The filing for Period 202312 shows a revenue of $-6,369. This could be due to various factors such as investment losses, significant returns of contributions, or accounting adjustments. Further investigation into the specific line items of the 2023 filing would be needed to understand the exact cause.
How does the organization fund its operations?
Given the fluctuating revenue and consistent expenses, the organization likely relies on a combination of donations, investment income from its substantial assets, and potentially grants to cover its annual expenses, which have been around $35,000-$40,000.
Filing History
IRS 990 filing history for Camden Public Library Maintenance Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Camden Public Library Maintenance Fund's revenue has declined by 129.7%, moving from $21K to $-6,369. Total assets increased by 29.5% over the same period, from $674K to $873K. Total functional expenses rose by 3.9%, from $38K to $40K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $-6,369 | $40K | $873K | $0 | — | — |
| 2022 | $14K | $39K | $806K | $0 | — | — |
| 2021 | $77K | $38K | $982K | $0 | — | View 990 |
| 2020 | $53K | $37K | $896K | $0 | — | — |
| 2019 | $38K | $35K | $829K | $0 | — | View 990 |
| 2018 | $28K | $35K | $724K | $0 | — | View 990 |
| 2017 | $29K | $34K | $709K | $0 | — | View 990 |
| 2016 | $11K | $35K | $715K | $0 | — | View 990 |
| 2015 | $94K | $35K | $738K | $0 | — | View 990 |
| 2014 | $42K | $35K | $679K | $0 | — | View 990 |
| 2013 | $29K | $34K | $673K | $0 | — | View 990 |
| 2012 | $39K | $34K | $678K | $123 | — | View 990 |
| 2011 | $21K | $38K | $674K | $423 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-6,369, expenses of $40K, and assets of $873K (revenue -146.1% year-over-year).
- 2022: Revenue of $14K, expenses of $39K, and assets of $806K (revenue -82.0% year-over-year).
- 2021: Revenue of $77K, expenses of $38K, and assets of $982K (revenue +44.4% year-over-year).
- 2020: Revenue of $53K, expenses of $37K, and assets of $896K (revenue +40.6% year-over-year).
- 2019: Revenue of $38K, expenses of $35K, and assets of $829K (revenue +36.2% year-over-year).
- 2018: Revenue of $28K, expenses of $35K, and assets of $724K (revenue -2.7% year-over-year).
- 2017: Revenue of $29K, expenses of $34K, and assets of $709K (revenue +148.5% year-over-year).
- 2016: Revenue of $11K, expenses of $35K, and assets of $715K (revenue -87.7% year-over-year).
- 2015: Revenue of $94K, expenses of $35K, and assets of $738K (revenue +124.2% year-over-year).
- 2014: Revenue of $42K, expenses of $35K, and assets of $679K (revenue +44.5% year-over-year).
- 2013: Revenue of $29K, expenses of $34K, and assets of $673K (revenue -25.3% year-over-year).
- 2012: Revenue of $39K, expenses of $34K, and assets of $678K (revenue +80.8% year-over-year).
- 2011: Revenue of $21K, expenses of $38K, and assets of $674K.
Data Sources and Methodology
This transparency report for Camden Public Library Maintenance 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.