D A Hurd Public Library Assoc
D A Hurd Public Library Assoc consistently operates with balanced budgets and zero officer compensation.
EIN: 10221132 · North Berwick, ME · NTEE: B700 · Updated: 2026-03-28
About D A Hurd Public Library Assoc
D A Hurd Public Library Assoc (EIN: 10221132) is a nonprofit organization based in North Berwick, ME, classified under NTEE code B700. The organization reported total revenue of $365K and total assets of $536K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of D A Hurd Public Library Assoc'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 D A Hurd Public Library Assoc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, D A Hurd Public Library Assoc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient for an organization of its 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.
Strengths
The following positive indicators were identified for D A Hurd Public Library Assoc:
- Consistent balanced budget management, with revenues generally covering expenses (e.g., 202406: Revenue $351,541, Expenses $350,379).
- Zero officer compensation reported across all filings, indicating highly efficient administrative costs.
- Strong asset base relative to liabilities, demonstrating financial stability (e.g., 202406: Assets $550,601, Liabilities $1,670).
- Stable and growing revenue trend over the past decade, from $219,880 in 201506 to $351,541 in 202406.
- Clear focus on programmatic spending given the lack of reported officer compensation and balanced budget.
Frequently Asked Questions about D A Hurd Public Library Assoc
Is D A Hurd Public Library Assoc a good charity?
Based on its financial data, D A Hurd Public Library Assoc appears to be a very good charity. It consistently manages its finances responsibly, maintains a healthy asset-to-liability ratio, and reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How does D A Hurd Public Library Assoc manage its expenses?
The organization consistently manages its expenses to be in line with its revenues. For example, in 202406, expenses were $350,379 against revenues of $351,541, demonstrating a balanced approach to spending and avoiding significant deficits.
What is the financial stability of D A Hurd Public Library Assoc?
The D A Hurd Public Library Assoc exhibits strong financial stability. Its assets consistently exceed $500,000, reaching $550,601 in the latest period, while liabilities remain very low (e.g., $1,670 in 202406), indicating a robust financial position with minimal debt.
Filing History
IRS 990 filing history for D A Hurd Public Library Assoc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), D A Hurd Public Library Assoc's revenue has grown by 18.9%, moving from $296K to $352K. Total assets increased by 16.3% over the same period, from $474K to $551K. Total functional expenses rose by 82.9%, from $192K to $350K. In its most recent filing year (2024), D A Hurd Public Library Assoc reported a surplus of $1K, with revenue exceeding expenses. The organization holds $2K in liabilities against $551K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $549K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $352K | $350K | $551K | $2K | — | — |
| 2023 | $324K | $302K | $551K | $4K | — | View 990 |
| 2022 | $258K | $292K | $531K | $9K | — | View 990 |
| 2021 | $297K | $277K | $568K | $5K | — | View 990 |
| 2020 | $268K | $262K | $545K | $5K | — | View 990 |
| 2019 | $245K | $291K | $542K | $9K | — | View 990 |
| 2018 | $309K | $263K | $590K | $11K | — | View 990 |
| 2017 | $210K | $234K | $539K | $5K | — | View 990 |
| 2016 | $216K | $234K | $562K | $5K | — | View 990 |
| 2015 | $220K | $238K | $584K | $8K | — | View 990 |
| 2014 | $224K | $236K | $601K | $6K | — | View 990 |
| 2013 | $312K | $216K | $609K | $3K | — | View 990 |
| 2012 | $246K | $211K | $511K | $1K | — | View 990 |
| 2011 | $296K | $192K | $474K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $352K, expenses of $350K, and assets of $551K (revenue +8.4% year-over-year).
- 2023: Revenue of $324K, expenses of $302K, and assets of $551K (revenue +25.7% year-over-year).
- 2022: Revenue of $258K, expenses of $292K, and assets of $531K (revenue -13.1% year-over-year).
- 2021: Revenue of $297K, expenses of $277K, and assets of $568K (revenue +10.7% year-over-year).
- 2020: Revenue of $268K, expenses of $262K, and assets of $545K (revenue +9.3% year-over-year).
- 2019: Revenue of $245K, expenses of $291K, and assets of $542K (revenue -20.6% year-over-year).
- 2018: Revenue of $309K, expenses of $263K, and assets of $590K (revenue +46.8% year-over-year).
- 2017: Revenue of $210K, expenses of $234K, and assets of $539K (revenue -2.4% year-over-year).
- 2016: Revenue of $216K, expenses of $234K, and assets of $562K (revenue -1.9% year-over-year).
- 2015: Revenue of $220K, expenses of $238K, and assets of $584K (revenue -2.1% year-over-year).
- 2014: Revenue of $224K, expenses of $236K, and assets of $601K (revenue -28.1% year-over-year).
- 2013: Revenue of $312K, expenses of $216K, and assets of $609K (revenue +26.8% year-over-year).
- 2012: Revenue of $246K, expenses of $211K, and assets of $511K (revenue -16.8% year-over-year).
- 2011: Revenue of $296K, expenses of $192K, and assets of $474K.
Data Sources and Methodology
This transparency report for D A Hurd Public Library Assoc 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.