Edward Drummond Libbey Endowment Fund 20 10 211 0326880
EIN: 346400765 · Brooklyn, OH · NTEE: A110
| Metric | Value |
|---|---|
| Total Revenue | $9.9M |
| Total Expenses | $2.6M |
| Net Assets | $33.8M |
Is Edward Drummond Libbey Endowment Fund 20 10 211 0326880 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Edward Drummond Libbey Endowment Fund 20 10 211 0326880
Edward Drummond Libbey Endowment Fund 20 10 211 0326880 (EIN: 346400765) is a nonprofit organization based in Brooklyn, OH, classified under NTEE code A110. The organization reported total revenue of $9.9M and total assets of $32.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Edward Drummond Libbey Endowment Fund 20 10 211 0326880's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Edward Drummond Libbey Endowment Fund 20 10 211 0326880 is a mid-size nonprofit that has been operating for 87 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-222,152 |
| Total Assets | $33.8M |
| Net Assets | $33.8M |
| Operating Margin | -9.2% |
| Months of Reserves | 154.1 months |
Financial Health Grade: B
In 2023, Edward Drummond Libbey Endowment Fund 20 10 211 0326880 reported a deficit of $222K with expenses exceeding revenue, holds 154.1 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Edward Drummond Libbey Endowment Fund 20 10 211 0326880's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -20.3% | +5.4% | -0.7% |
| 2022 | -5.9% | +1.3% | +1.6% |
| 2021 | +43.9% | +4.5% | +2.3% |
| 2020 | +52.3% | +1.9% | -0.4% |
| 2019 | -22.9% | +1.1% | -2.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1939 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Edward Drummond Libbey Endowment Fund 20 10 211 0326880 has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Edward Drummond Libbey Endowment Fund 20 10 211 0326880 with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $222K, with expenses exceeding revenue.
Frequently Asked Questions about Edward Drummond Libbey Endowment Fund 20 10 211 0326880
Is Edward Drummond Libbey Endowment Fund 20 10 211 0326880 a legitimate charity?
Edward Drummond Libbey Endowment Fund 20 10 211 0326880 (EIN: 346400765) is a registered tax-exempt nonprofit based in Ohio. It has 13 years of IRS 990 filings on record. Total revenue: $9.9M. No red flags identified. Financial health grade: B.
How does Edward Drummond Libbey Endowment Fund 20 10 211 0326880 spend its money?
Edward Drummond Libbey Endowment Fund 20 10 211 0326880 reported $9.9M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Edward Drummond Libbey Endowment Fund 20 10 211 0326880 tax-deductible?
Edward Drummond Libbey Endowment Fund 20 10 211 0326880 is registered as a tax-exempt nonprofit (EIN: 346400765). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Edward Drummond Libbey Endowment Fund 20 10 211 0326880 located?
Edward Drummond Libbey Endowment Fund 20 10 211 0326880 is headquartered in Brooklyn, Ohio and files with the IRS under EIN 346400765. It is classified under NTEE code A110.
How many years of IRS 990 filings does Edward Drummond Libbey Endowment Fund 20 10 211 0326880 have?
Edward Drummond Libbey Endowment Fund 20 10 211 0326880 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 $9.9M in total revenue.
Filing History
IRS 990 filing history for Edward Drummond Libbey Endowment Fund 20 10 211 0326880 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Edward Drummond Libbey Endowment Fund 20 10 211 0326880's revenue has grown by 95.9%, moving from $1.2M to $2.4M. Total assets decreased by 3.8% over the same period, from $35.1M to $33.8M. Total functional expenses rose by 32.6%, from $2.0M to $2.6M. In its most recent filing year (2023), Edward Drummond Libbey Endowment Fund 20 10 211 0326880 reported a deficit of $222K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $2.6M | $33.8M | $0 | — | View 990 |
| 2022 | $3.0M | $2.5M | $34.0M | $0 | — | View 990 |
| 2021 | $3.2M | $2.5M | $33.4M | $0 | — | View 990 |
| 2020 | $2.2M | $2.4M | $32.7M | $0 | — | View 990 |
| 2019 | $1.5M | $2.3M | $32.8M | $0 | — | View 990 |
| 2018 | $1.9M | $2.3M | $33.7M | $0 | — | View 990 |
| 2017 | $1.4M | $2.3M | $34.1M | $0 | — | View 990 |
| 2016 | $2.9M | $2.1M | $34.9M | $0 | — | View 990 |
| 2015 | $1.9M | $2.0M | $34.2M | $0 | — | View 990 |
| 2014 | $2.5M | $1.9M | $34.4M | $0 | — | View 990 |
| 2013 | $1.4M | $1.8M | $33.8M | $0 | — | View 990 |
| 2012 | $1.0M | $1.8M | $34.3M | $0 | — | View 990 |
| 2011 | $1.2M | $2.0M | $35.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $2.6M, and assets of $33.8M (revenue -20.3% year-over-year).
- 2022: Revenue of $3.0M, expenses of $2.5M, and assets of $34.0M (revenue -5.9% year-over-year).
- 2021: Revenue of $3.2M, expenses of $2.5M, and assets of $33.4M (revenue +43.9% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.4M, and assets of $32.7M (revenue +52.3% year-over-year).
- 2019: Revenue of $1.5M, expenses of $2.3M, and assets of $32.8M (revenue -22.9% year-over-year).
- 2018: Revenue of $1.9M, expenses of $2.3M, and assets of $33.7M (revenue +37.0% year-over-year).
- 2017: Revenue of $1.4M, expenses of $2.3M, and assets of $34.1M (revenue -51.5% year-over-year).
- 2016: Revenue of $2.9M, expenses of $2.1M, and assets of $34.9M (revenue +52.8% year-over-year).
- 2015: Revenue of $1.9M, expenses of $2.0M, and assets of $34.2M (revenue -23.8% year-over-year).
- 2014: Revenue of $2.5M, expenses of $1.9M, and assets of $34.4M (revenue +81.5% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.8M, and assets of $33.8M (revenue +30.2% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.8M, and assets of $34.3M (revenue -15.5% year-over-year).
- 2011: Revenue of $1.2M, expenses of $2.0M, and assets of $35.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Edward Drummond Libbey Endowment Fund 20 10 211 0326880:
Data Sources and Methodology
This transparency report for Edward Drummond Libbey Endowment Fund 20 10 211 0326880 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.