Foundation For Baltimore County Public Library Inc
EIN: 521695801 · Towson, MD · NTEE: B127
| Metric | Value |
|---|---|
| Total Revenue | $646K |
| Total Expenses | $133K |
| Net Assets | $2.9M |
Is Foundation For Baltimore County Public Library Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Foundation For Baltimore County Public Library Inc
Foundation For Baltimore County Public Library Inc (EIN: 521695801) is a nonprofit organization based in Towson, MD, classified under NTEE code B127. The organization reported total revenue of $646K and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Baltimore County Public Library Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Baltimore County Public Library Inc is a small nonprofit that has been operating for 36 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 9.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $480K |
| Total Expenses | $133K |
| Surplus / Deficit | +$347K |
| Total Assets | $3.0M |
| Total Liabilities | $24K |
| Net Assets | $2.9M |
| Operating Margin | 72.3% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 268.5 months |
Financial Health Grade: A
In 2023, Foundation For Baltimore County Public Library Inc reported a surplus of $347K with revenue exceeding expenses, holds 268.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Foundation For Baltimore County Public Library Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.9% | -57.8% | +17.4% |
| 2022 | -11.7% | +74.9% | +0.1% |
| 2021 | +39.0% | -50.3% | +26.9% |
| 2020 | +31.4% | +168.0% | +11.2% |
| 2019 | +27.3% | +61.4% | +13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1990 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foundation For Baltimore County Public Library Inc 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 Foundation For Baltimore County Public Library Inc 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 surplus of $347K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Frequently Asked Questions about Foundation For Baltimore County Public Library Inc
Is Foundation For Baltimore County Public Library Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For Baltimore County Public Library Inc (EIN: 521695801) insufficient data. 0 red flags identified, 0 strengths noted.
How does Foundation For Baltimore County Public Library Inc spend its money?
Detailed spending breakdown data is not yet available for Foundation For Baltimore County Public Library Inc. Check back for updated IRS 990 analysis.
Are donations to Foundation For Baltimore County Public Library Inc tax-deductible?
Foundation For Baltimore County Public Library Inc is registered as a tax-exempt nonprofit (EIN: 521695801). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foundation For Baltimore County Public Library Inc located?
Foundation For Baltimore County Public Library Inc is headquartered in Towson, Maryland and files with the IRS under EIN 521695801. It is classified under NTEE code B127.
How many years of IRS 990 filings does Foundation For Baltimore County Public Library Inc have?
Foundation For Baltimore County Public Library Inc has 12 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 $646K in total revenue.
Filing History
IRS 990 filing history for Foundation For Baltimore County Public Library Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Foundation For Baltimore County Public Library Inc's revenue has grown by 166.1%, moving from $180K to $480K. Total assets increased by 226.2% over the same period, from $910K to $3.0M. Total functional expenses rose by 50.1%, from $88K to $133K. In its most recent filing year (2023), Foundation For Baltimore County Public Library Inc reported a surplus of $347K, with revenue exceeding expenses. The organization holds $24K in liabilities against $3.0M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $2.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $480K | $133K | $3.0M | $24K | — | — |
| 2022 | $521K | $314K | $2.5M | $21K | — | View 990 |
| 2021 | $590K | $180K | $2.5M | $21K | — | View 990 |
| 2020 | $425K | $362K | $2.0M | $127K | — | View 990 |
| 2019 | $323K | $135K | $1.8M | $15K | — | View 990 |
| 2018 | $254K | $84K | $1.6M | $10K | — | View 990 |
| 2017 | $225K | $153K | $1.5M | $80K | — | View 990 |
| 2016 | $204K | $88K | $1.3M | $12K | — | View 990 |
| 2015 | $197K | $87K | $1.2M | $14K | — | View 990 |
| 2014 | $183K | $97K | $1.1M | $17K | — | View 990 |
| 2013 | $148K | $91K | $990K | $13K | — | View 990 |
| 2012 | $180K | $88K | $910K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $480K, expenses of $133K, and assets of $3.0M (revenue -7.9% year-over-year).
- 2022: Revenue of $521K, expenses of $314K, and assets of $2.5M (revenue -11.7% year-over-year).
- 2021: Revenue of $590K, expenses of $180K, and assets of $2.5M (revenue +39.0% year-over-year).
- 2020: Revenue of $425K, expenses of $362K, and assets of $2.0M (revenue +31.4% year-over-year).
- 2019: Revenue of $323K, expenses of $135K, and assets of $1.8M (revenue +27.3% year-over-year).
- 2018: Revenue of $254K, expenses of $84K, and assets of $1.6M (revenue +13.0% year-over-year).
- 2017: Revenue of $225K, expenses of $153K, and assets of $1.5M (revenue +10.1% year-over-year).
- 2016: Revenue of $204K, expenses of $88K, and assets of $1.3M (revenue +3.6% year-over-year).
- 2015: Revenue of $197K, expenses of $87K, and assets of $1.2M (revenue +7.8% year-over-year).
- 2014: Revenue of $183K, expenses of $97K, and assets of $1.1M (revenue +23.3% year-over-year).
- 2013: Revenue of $148K, expenses of $91K, and assets of $990K (revenue -17.8% year-over-year).
- 2012: Revenue of $180K, expenses of $88K, and assets of $910K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Baltimore County Public Library Inc:
Data Sources and Methodology
This transparency report for Foundation For Baltimore County Public Library Inc 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.