Eldredge Public Library
EIN: 46064571 · Chatham, MA · NTEE: B71Z
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Net Assets | $9.4M |
Is Eldredge Public Library Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eldredge Public Library
Eldredge Public Library (EIN: 46064571) is a nonprofit organization based in Chatham, MA, classified under NTEE code B71Z. The organization reported total revenue of $1.5M and total assets of $10.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eldredge Public Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eldredge Public Library is a mid-size nonprofit that has been operating for 58 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$232K |
| Total Assets | $9.4M |
| Total Liabilities | $27K |
| Net Assets | $9.4M |
| Operating Margin | 15.5% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 89.5 months |
Financial Health Grade: A
In 2024, Eldredge Public Library reported a surplus of $232K with revenue exceeding expenses, holds 89.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Eldredge Public Library's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -4.6% | +10.8% | +10.7% |
| 2023 | +18.4% | +4.5% | +12.8% |
| 2022 | +1.9% | +7.5% | -9.8% |
| 2021 | +4.2% | -1.0% | +21.2% |
| 2020 | +16.1% | +5.1% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eldredge Public Library 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 Eldredge Public Library 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $232K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Frequently Asked Questions about Eldredge Public Library
Is Eldredge Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Eldredge Public Library (EIN: 46064571) insufficient data. 0 red flags identified, 0 strengths noted.
How does Eldredge Public Library spend its money?
Detailed spending breakdown data is not yet available for Eldredge Public Library. Check back for updated IRS 990 analysis.
Are donations to Eldredge Public Library tax-deductible?
Eldredge Public Library is registered as a tax-exempt nonprofit (EIN: 46064571). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eldredge Public Library located?
Eldredge Public Library is headquartered in Chatham, Massachusetts and files with the IRS under EIN 46064571. It is classified under NTEE code B71Z.
How many years of IRS 990 filings does Eldredge Public Library have?
Eldredge Public Library has 14 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Eldredge Public Library showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Eldredge Public Library's revenue has grown by 75.8%, moving from $848K to $1.5M. Total assets increased by 117.3% over the same period, from $4.3M to $9.4M. Total functional expenses rose by 59.1%, from $792K to $1.3M. In its most recent filing year (2024), Eldredge Public Library reported a surplus of $232K, with revenue exceeding expenses. The organization holds $27K in liabilities against $9.4M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $9.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $1.3M | $9.4M | $27K | — | View 990 |
| 2023 | $1.6M | $1.1M | $8.5M | $26K | — | View 990 |
| 2022 | $1.3M | $1.1M | $7.5M | $37K | — | View 990 |
| 2021 | $1.3M | $1.0M | $8.3M | $35K | — | View 990 |
| 2020 | $1.2M | $1.0M | $6.9M | $22K | — | View 990 |
| 2019 | $1.1M | $972K | $6.6M | $14K | — | View 990 |
| 2018 | $1.2M | $956K | $6.3M | $9K | — | View 990 |
| 2017 | $971K | $942K | $5.9M | $28K | — | View 990 |
| 2016 | $1.3M | $884K | $5.5M | $24K | — | View 990 |
| 2015 | $844K | $862K | $5.2M | $41K | — | View 990 |
| 2014 | $1.0M | $862K | $5.2M | $38K | — | View 990 |
| 2013 | $1.3M | $810K | $4.5M | $34K | — | View 990 |
| 2012 | $1.1M | $909K | $4.1M | $60K | — | View 990 |
| 2011 | $848K | $792K | $4.3M | $49K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.5M, expenses of $1.3M, and assets of $9.4M (revenue -4.6% year-over-year).
- 2023: Revenue of $1.6M, expenses of $1.1M, and assets of $8.5M (revenue +18.4% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.1M, and assets of $7.5M (revenue +1.9% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.0M, and assets of $8.3M (revenue +4.2% year-over-year).
- 2020: Revenue of $1.2M, expenses of $1.0M, and assets of $6.9M (revenue +16.1% year-over-year).
- 2019: Revenue of $1.1M, expenses of $972K, and assets of $6.6M (revenue -8.4% year-over-year).
- 2018: Revenue of $1.2M, expenses of $956K, and assets of $6.3M (revenue +20.4% year-over-year).
- 2017: Revenue of $971K, expenses of $942K, and assets of $5.9M (revenue -23.1% year-over-year).
- 2016: Revenue of $1.3M, expenses of $884K, and assets of $5.5M (revenue +49.5% year-over-year).
- 2015: Revenue of $844K, expenses of $862K, and assets of $5.2M (revenue -16.7% year-over-year).
- 2014: Revenue of $1.0M, expenses of $862K, and assets of $5.2M (revenue -19.8% year-over-year).
- 2013: Revenue of $1.3M, expenses of $810K, and assets of $4.5M (revenue +16.0% year-over-year).
- 2012: Revenue of $1.1M, expenses of $909K, and assets of $4.1M (revenue +28.5% year-over-year).
- 2011: Revenue of $848K, expenses of $792K, and assets of $4.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eldredge Public Library:
Data Sources and Methodology
This transparency report for Eldredge 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.