Emma S Clark Memorial Library Association
Emma S Clark Memorial Library Association maintains stable operations with growing assets and no reported officer compensation.
EIN: 111630789 · Setauket, NY · NTEE: B700 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $6.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $1.9M |
| Transparency Score | 85/100 |
Is Emma S Clark Memorial Library Association Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Emma S Clark Memorial Library Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Emma S Clark Memorial Library Association
Emma S Clark Memorial Library Association (EIN: 111630789) is a nonprofit organization based in Setauket, NY, classified under NTEE code B700. The organization reported total revenue of $6.5M and total assets of $11.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Emma S Clark Memorial Library Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Emma S Clark Memorial Library Association is a mid-size nonprofit that has been operating for 77 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.0M |
| Total Expenses | $6.4M |
| Surplus / Deficit | $-395,415 |
| Total Assets | $11.5M |
| Total Liabilities | $9.6M |
| Net Assets | $1.9M |
| Operating Margin | -6.6% |
| Debt-to-Asset Ratio | 83.6% |
| Months of Reserves | 21.6 months |
Financial Health Grade: C
In 2023, Emma S Clark Memorial Library Association reported a deficit of $395K with expenses exceeding revenue, holds 21.6 months of operating reserves (strong position), has a debt-to-asset ratio of 83.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Emma S Clark Memorial Library Association's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.5% | +14.0% | -6.3% |
| 2022 | +7.8% | -1.5% | +1.9% |
| 2021 | +5.8% | -4.7% | +8.8% |
| 2020 | +1.4% | +3.8% | +20.8% |
| 2019 | +3.0% | +13.2% | +11.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1949 |
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 Emma S Clark Memorial Library Association 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, Emma S Clark Memorial Library Association 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 $395K, with expenses exceeding revenue.
- Debt-to-asset ratio: 83.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting that its leadership may be entirely volunteer-based or compensated through mechanisms not classified as officer compensation on the 990, which is highly unusual for an organization of its size with over $6 million in annual expenses.
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 Emma S Clark Memorial Library Association's IRS 990 filings:
- Significant increase in liabilities from $2.7M in 2014 to $9.6M in 2023 without clear explanation in summary data.
- Expenses exceeding revenue in multiple years (e.g., 202312: Revenue=$6,020,162, Expenses=$6,415,577; 202012: Revenue=$5,646,771, Expenses=$5,997,648), indicating reliance on reserves or other funding sources.
Strengths
The following positive indicators were identified for Emma S Clark Memorial Library Association:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds or volunteer leadership.
- Steady growth in assets from $7.3M in 2014 to $11.5M in 2023, demonstrating financial stability and capacity.
- Long history of consistent IRS 990 filings (13 filings), indicating transparency and compliance.
- Stable revenue base, consistently above $5 million annually, supporting ongoing operations.
Frequently Asked Questions about Emma S Clark Memorial Library Association
Is Emma S Clark Memorial Library Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Emma S Clark Memorial Library Association (EIN: 111630789) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Emma S Clark Memorial Library Association spend its money?
Emma S Clark Memorial Library Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Emma S Clark Memorial Library Association tax-deductible?
Emma S Clark Memorial Library Association is registered as a tax-exempt nonprofit (EIN: 111630789). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Emma S Clark Memorial Library Association CEO make?
Emma S Clark Memorial Library Association's highest-compensated officer earns $6 annually. The organization reported $6.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Emma S Clark Memorial Library Association's spending goes to programs?
Emma S Clark Memorial Library Association directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Emma S Clark Memorial Library Association compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Emma S Clark Memorial Library Association is above average for NTEE category B700 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Emma S Clark Memorial Library Association located?
Emma S Clark Memorial Library Association is headquartered in Setauket, New York and files with the IRS under EIN 111630789. It is classified under NTEE code B700.
How many years of IRS 990 filings does Emma S Clark Memorial Library Association have?
Emma S Clark Memorial Library Association 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 $6.5M in total revenue.
Is Emma S Clark Memorial Library Association a good charity?
Based on the provided data, the Emma S Clark Memorial Library Association appears to be a well-managed organization with stable finances, growing assets, and a notable commitment to minimizing executive compensation (0% reported officer compensation). Its consistent operation as a library suggests a strong program focus. However, the significant increase in liabilities from $2.7 million in 2014 to $9.6 million in 2023 would require further investigation to fully assess its financial health.
What is the nature of the increasing liabilities?
The IRS 990 summary data does not specify the nature of the liabilities. A detailed review of the full 990 forms, particularly the balance sheet, would be necessary to understand if these liabilities are related to long-term debt, capital projects, or other obligations.
How does the organization fund its operations?
With annual revenues consistently in the $5-6 million range, the organization likely relies on a mix of public funding (as libraries often do), grants, and potentially donations. The NTEE code B700 (Libraries) suggests a community-supported model.
Filing History
IRS 990 filing history for Emma S Clark Memorial Library Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Emma S Clark Memorial Library Association's revenue has grown by 21.9%, moving from $4.9M to $6.0M. Total assets increased by 61.7% over the same period, from $7.1M to $11.5M. Total functional expenses rose by 31.4%, from $4.9M to $6.4M. In its most recent filing year (2023), Emma S Clark Memorial Library Association reported a deficit of $395K, with expenses exceeding revenue. The organization holds $9.6M in liabilities against $11.5M in assets (debt-to-asset ratio: 83.6%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.0M | $6.4M | $11.5M | $9.6M | — | View 990 |
| 2022 | $6.4M | $5.6M | $12.3M | $10.2M | — | — |
| 2021 | $6.0M | $5.7M | $12.1M | $9.8M | — | — |
| 2020 | $5.6M | $6.0M | $11.1M | $9.2M | — | View 990 |
| 2019 | $5.6M | $5.8M | $9.2M | $7.1M | — | View 990 |
| 2018 | $5.4M | $5.1M | $8.3M | $6.3M | — | View 990 |
| 2017 | $5.3M | $5.5M | $8.4M | $3.7M | — | View 990 |
| 2016 | $5.3M | $5.5M | $8.8M | $4.2M | — | View 990 |
| 2015 | $5.4M | $5.3M | $7.8M | $3.1M | — | View 990 |
| 2014 | $5.3M | $5.3M | $7.4M | $2.7M | — | View 990 |
| 2013 | $5.2M | $5.3M | $7.5M | $2.8M | — | View 990 |
| 2012 | $5.1M | $5.1M | $7.2M | $2.6M | — | View 990 |
| 2011 | $4.9M | $4.9M | $7.1M | $2.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.0M, expenses of $6.4M, and assets of $11.5M (revenue -6.5% year-over-year).
- 2022: Revenue of $6.4M, expenses of $5.6M, and assets of $12.3M (revenue +7.8% year-over-year).
- 2021: Revenue of $6.0M, expenses of $5.7M, and assets of $12.1M (revenue +5.8% year-over-year).
- 2020: Revenue of $5.6M, expenses of $6.0M, and assets of $11.1M (revenue +1.4% year-over-year).
- 2019: Revenue of $5.6M, expenses of $5.8M, and assets of $9.2M (revenue +3.0% year-over-year).
- 2018: Revenue of $5.4M, expenses of $5.1M, and assets of $8.3M (revenue +1.2% year-over-year).
- 2017: Revenue of $5.3M, expenses of $5.5M, and assets of $8.4M (revenue +0.3% year-over-year).
- 2016: Revenue of $5.3M, expenses of $5.5M, and assets of $8.8M (revenue -0.8% year-over-year).
- 2015: Revenue of $5.4M, expenses of $5.3M, and assets of $7.8M (revenue +2.1% year-over-year).
- 2014: Revenue of $5.3M, expenses of $5.3M, and assets of $7.4M (revenue +1.8% year-over-year).
- 2013: Revenue of $5.2M, expenses of $5.3M, and assets of $7.5M (revenue +2.1% year-over-year).
- 2012: Revenue of $5.1M, expenses of $5.1M, and assets of $7.2M (revenue +2.5% year-over-year).
- 2011: Revenue of $4.9M, expenses of $4.9M, and assets of $7.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Emma S Clark Memorial Library Association:
Data Sources and Methodology
This transparency report for Emma S Clark Memorial Library Association 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.