Carrabassett Valley Public Library
Carrabassett Valley Public Library reports no financial activity in latest IRS filing.
EIN: 202880664 · Carabaset Vly, ME · NTEE: B70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Program Spending | 100% |
| CEO/Top Officer Pay | $0 |
| Transparency Score | 50/100 |
Is Carrabassett Valley Public Library Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Carrabassett Valley Public Library directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Carrabassett Valley Public Library
Carrabassett Valley Public Library (EIN: 202880664) is a nonprofit organization based in Carabaset Vly, ME, classified under NTEE code B70. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carrabassett Valley Public Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
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 Carrabassett Valley Public Library with a Mission Score of 50 out of 100 (Fair). 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, Carrabassett Valley Public Library 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
No executive compensation data is available as the organization reported $0 in revenue and assets, suggesting no paid staff or significant financial transactions.
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 Carrabassett Valley Public Library's IRS 990 filings:
- No reported revenue or assets, making financial analysis impossible.
Strengths
The following positive indicators were identified for Carrabassett Valley Public Library:
- Likely community-driven with a focus on local service, given the nature of a public library.
Frequently Asked Questions about Carrabassett Valley Public Library
Is Carrabassett Valley Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Carrabassett Valley Public Library (EIN: 202880664) some concerns. Mission Score: 50/100. 1 red flag identified, 1 strength noted.
How does Carrabassett Valley Public Library spend its money?
Carrabassett Valley Public Library directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Carrabassett Valley Public Library tax-deductible?
Carrabassett Valley Public Library is registered as a tax-exempt nonprofit (EIN: 202880664). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Carrabassett Valley Public Library CEO make?
Carrabassett Valley Public Library's highest-compensated officer earns $0 annually. Executive compensation data is disclosed in IRS 990 filings.
How does Carrabassett Valley Public Library compare to similar nonprofits?
With a transparency score of 50/100 (Fair), Carrabassett Valley Public Library is near average for NTEE category B70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Carrabassett Valley Public Library located?
Carrabassett Valley Public Library is headquartered in Carabaset Vly, Maine and files with the IRS under EIN 202880664. It is classified under NTEE code B70.
Is Carrabassett Valley Public Library a good charity?
Based on the available IRS 990 data showing $0 in revenue and assets, it's not possible to assess its effectiveness as a charity in financial terms. Its 'goodness' would depend on its community impact through non-monetary means, which is not reported.
How does the library fund its operations?
The latest IRS 990 filing indicates $0 in revenue, suggesting operations might be funded through in-kind donations, volunteer efforts, or local municipal support not reflected in this specific filing, or that the filing period had no financial activity.
Data Sources and Methodology
This transparency report for Carrabassett Valley Public Library 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.