Chautauqua Cattaraugus Library System
Chautauqua Cattaraugus Library System maintains stable assets despite minor operational deficits in recent years.
EIN: 160849330 · Jamestown, NY · NTEE: B71Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is Chautauqua Cattaraugus Library System Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chautauqua Cattaraugus Library System directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chautauqua Cattaraugus Library System
Chautauqua Cattaraugus Library System (EIN: 160849330) is a nonprofit organization based in Jamestown, NY, classified under NTEE code B71Z. The organization reported total revenue of $1.7M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chautauqua Cattaraugus Library System's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chautauqua Cattaraugus Library System is a mid-size nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-88,327 |
| Total Assets | $1.6M |
| Total Liabilities | $86K |
| Net Assets | $1.5M |
| Operating Margin | -5.8% |
| Debt-to-Asset Ratio | 5.5% |
| Months of Reserves | 11.6 months |
Financial Health Grade: B
In 2023, Chautauqua Cattaraugus Library System reported a deficit of $88K with expenses exceeding revenue, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 5.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chautauqua Cattaraugus Library System's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.2% | -1.5% | -4.6% |
| 2022 | -19.8% | +2.2% | -2.9% |
| 2021 | +50.1% | +7.5% | +17.3% |
| 2020 | -6.9% | +6.0% | -0.9% |
| 2019 | -20.5% | -27.2% | +1.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1972 |
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 Chautauqua Cattaraugus Library System with a Mission Score of 85 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: 85%
- fundraising: 5%
According to IRS 990 filings, Chautauqua Cattaraugus Library System allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $88K, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual and suggests either volunteer leadership or compensation is reported under other expense categories, or that the organization's structure does not involve paid officers in the traditional sense.
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 Chautauqua Cattaraugus Library System's IRS 990 filings:
- Consistent minor operational deficits in recent years (e.g., 202312 and 202212 expenses exceeding revenue).
Strengths
The following positive indicators were identified for Chautauqua Cattaraugus Library System:
- Strong and stable asset base (e.g., $1,561,785 in 202312).
- Very low liabilities relative to assets (e.g., $86,349 in 202312).
- Reported 0% officer compensation across all filings, indicating high resource allocation to mission or volunteer leadership.
- Consistent filing history demonstrating transparency and accountability.
Frequently Asked Questions about Chautauqua Cattaraugus Library System
Is Chautauqua Cattaraugus Library System a legitimate charity?
Based on AI analysis of IRS 990 filings, Chautauqua Cattaraugus Library System (EIN: 160849330) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Chautauqua Cattaraugus Library System spend its money?
Chautauqua Cattaraugus Library System directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Chautauqua Cattaraugus Library System tax-deductible?
Chautauqua Cattaraugus Library System is registered as a tax-exempt nonprofit (EIN: 160849330). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Chautauqua Cattaraugus Library System's spending goes to programs?
Chautauqua Cattaraugus Library System directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Chautauqua Cattaraugus Library System compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Chautauqua Cattaraugus Library System is above average for NTEE category B71Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chautauqua Cattaraugus Library System located?
Chautauqua Cattaraugus Library System is headquartered in Jamestown, New York and files with the IRS under EIN 160849330. It is classified under NTEE code B71Z.
How many years of IRS 990 filings does Chautauqua Cattaraugus Library System have?
Chautauqua Cattaraugus Library System has 13 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 $1.7M in total revenue.
Is Chautauqua Cattaraugus Library System a good charity?
Based on the available IRS 990 data, the Chautauqua Cattaraugus Library System appears to be a well-managed organization with a strong commitment to its mission, evidenced by its stable asset base and consistent financial reporting. The reported 0% officer compensation is a notable positive for transparency and resource allocation.
How does the organization manage its expenses relative to its revenue?
The organization generally operates with revenues and expenses in close proximity. In some recent periods, such as 202312 and 202212, expenses slightly exceeded revenues, leading to minor operational deficits. However, in other years like 202112, revenue significantly surpassed expenses ($1,986,396 vs $1,604,369), demonstrating periods of financial surplus.
What is the trend in the organization's assets and liabilities?
The organization consistently maintains a strong asset base, generally fluctuating between $1.4 million and $1.7 million over the past decade. Liabilities have remained relatively low, typically under $100,000, indicating a healthy balance sheet and minimal debt burden. In 202312, assets were $1,561,785 against liabilities of $86,349.
Filing History
IRS 990 filing history for Chautauqua Cattaraugus Library System showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chautauqua Cattaraugus Library System's revenue has grown by 6.7%, moving from $1.4M to $1.5M. Total assets increased by 0.9% over the same period, from $1.5M to $1.6M. Total functional expenses rose by 12.9%, from $1.4M to $1.6M. In its most recent filing year (2023), Chautauqua Cattaraugus Library System reported a deficit of $88K, with expenses exceeding revenue. The organization holds $86K in liabilities against $1.6M in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.6M | $1.6M | $86K | — | — |
| 2022 | $1.6M | $1.6M | $1.6M | $73K | — | View 990 |
| 2021 | $2.0M | $1.6M | $1.7M | $76K | — | View 990 |
| 2020 | $1.3M | $1.5M | $1.4M | $210K | — | — |
| 2019 | $1.4M | $1.4M | $1.5M | $53K | — | View 990 |
| 2018 | $1.8M | $1.9M | $1.4M | $53K | — | View 990 |
| 2017 | $1.7M | $1.8M | $1.6M | $61K | — | View 990 |
| 2016 | $1.8M | $1.8M | $1.6M | $34K | — | View 990 |
| 2015 | $1.6M | $1.6M | $1.7M | $32K | — | View 990 |
| 2014 | $1.5M | $1.5M | $1.7M | $36K | — | View 990 |
| 2013 | $1.6M | $1.6M | $1.7M | $47K | — | View 990 |
| 2012 | $1.4M | $1.4M | $1.6M | $31K | — | View 990 |
| 2011 | $1.4M | $1.4M | $1.5M | $35K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.6M, and assets of $1.6M (revenue -4.2% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.6M, and assets of $1.6M (revenue -19.8% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.6M, and assets of $1.7M (revenue +50.1% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.5M, and assets of $1.4M (revenue -6.9% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $1.5M (revenue -20.5% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.9M, and assets of $1.4M (revenue +3.1% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.8M, and assets of $1.6M (revenue -3.8% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.8M, and assets of $1.6M (revenue +10.9% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.6M, and assets of $1.7M (revenue +5.6% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.5M, and assets of $1.7M (revenue -5.0% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.6M, and assets of $1.7M (revenue +16.4% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.4M, and assets of $1.6M (revenue -2.7% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.4M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chautauqua Cattaraugus Library System:
Data Sources and Methodology
This transparency report for Chautauqua Cattaraugus Library System 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.