Foundation For Lincoln City Libraries
EIN: 476032744 · Lincoln, NE · NTEE: B70Z
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $368K |
| Net Assets | $5.0M |
Is Foundation For Lincoln City Libraries 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 Lincoln City Libraries
Foundation For Lincoln City Libraries (EIN: 476032744) is a nonprofit organization based in Lincoln, NE, classified under NTEE code B70Z. The organization reported total revenue of $2.4M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For Lincoln City Libraries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For Lincoln City Libraries is a mid-size nonprofit that has been operating for 70 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $594K |
| Total Expenses | $368K |
| Surplus / Deficit | +$226K |
| Total Assets | $5.1M |
| Total Liabilities | $47K |
| Net Assets | $5.0M |
| Operating Margin | 38.0% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 165.4 months |
Financial Health Grade: A
In 2023, Foundation For Lincoln City Libraries reported a surplus of $226K with revenue exceeding expenses, holds 165.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Foundation For Lincoln City Libraries's revenue has grown at a compound annual growth rate (CAGR) of 9.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +62.3% | -3.5% | +11.4% |
| 2022 | -14.7% | -1.6% | -18.3% |
| 2021 | +6.8% | +52.3% | +10.6% |
| 2020 | +11.7% | -8.8% | +13.9% |
| 2019 | -18.0% | -0.5% | +19.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2300 |
| IRS Ruling Date | 1956 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foundation For Lincoln City Libraries 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 Lincoln City Libraries 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 $226K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Frequently Asked Questions about Foundation For Lincoln City Libraries
Is Foundation For Lincoln City Libraries a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For Lincoln City Libraries (EIN: 476032744) insufficient data. 0 red flags identified, 0 strengths noted.
How does Foundation For Lincoln City Libraries spend its money?
Detailed spending breakdown data is not yet available for Foundation For Lincoln City Libraries. Check back for updated IRS 990 analysis.
Are donations to Foundation For Lincoln City Libraries tax-deductible?
Foundation For Lincoln City Libraries is registered as a tax-exempt nonprofit (EIN: 476032744). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foundation For Lincoln City Libraries located?
Foundation For Lincoln City Libraries is headquartered in Lincoln, Nebraska and files with the IRS under EIN 476032744. It is classified under NTEE code B70Z.
How many years of IRS 990 filings does Foundation For Lincoln City Libraries have?
Foundation For Lincoln City Libraries 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 $2.4M in total revenue.
Filing History
IRS 990 filing history for Foundation For Lincoln City Libraries showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Foundation For Lincoln City Libraries's revenue has grown by 203.5%, moving from $196K to $594K. Total assets increased by 90.7% over the same period, from $2.7M to $5.1M. Total functional expenses rose by 89.7%, from $194K to $368K. In its most recent filing year (2023), Foundation For Lincoln City Libraries reported a surplus of $226K, with revenue exceeding expenses. The organization holds $47K in liabilities against $5.1M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $594K | $368K | $5.1M | $47K | — | — |
| 2022 | $366K | $381K | $4.6M | $44K | — | View 990 |
| 2021 | $429K | $387K | $5.6M | $22K | — | View 990 |
| 2020 | $402K | $254K | $5.0M | $22K | — | View 990 |
| 2019 | $360K | $279K | $4.4M | $62K | — | View 990 |
| 2018 | $438K | $280K | $3.7M | $64K | — | View 990 |
| 2017 | $411K | $435K | $3.9M | $58K | — | View 990 |
| 2016 | $383K | $304K | $3.5M | $76K | — | View 990 |
| 2015 | $578K | $247K | $3.4M | $84K | — | View 990 |
| 2014 | $320K | $328K | $3.2M | $7K | — | View 990 |
| 2013 | $338K | $227K | $3.2M | $20K | — | View 990 |
| 2012 | $297K | $361K | $2.8M | $2K | — | View 990 |
| 2011 | $196K | $194K | $2.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $594K, expenses of $368K, and assets of $5.1M (revenue +62.3% year-over-year).
- 2022: Revenue of $366K, expenses of $381K, and assets of $4.6M (revenue -14.7% year-over-year).
- 2021: Revenue of $429K, expenses of $387K, and assets of $5.6M (revenue +6.8% year-over-year).
- 2020: Revenue of $402K, expenses of $254K, and assets of $5.0M (revenue +11.7% year-over-year).
- 2019: Revenue of $360K, expenses of $279K, and assets of $4.4M (revenue -18.0% year-over-year).
- 2018: Revenue of $438K, expenses of $280K, and assets of $3.7M (revenue +6.8% year-over-year).
- 2017: Revenue of $411K, expenses of $435K, and assets of $3.9M (revenue +7.1% year-over-year).
- 2016: Revenue of $383K, expenses of $304K, and assets of $3.5M (revenue -33.7% year-over-year).
- 2015: Revenue of $578K, expenses of $247K, and assets of $3.4M (revenue +81.0% year-over-year).
- 2014: Revenue of $320K, expenses of $328K, and assets of $3.2M (revenue -5.3% year-over-year).
- 2013: Revenue of $338K, expenses of $227K, and assets of $3.2M (revenue +13.7% year-over-year).
- 2012: Revenue of $297K, expenses of $361K, and assets of $2.8M (revenue +51.7% year-over-year).
- 2011: Revenue of $196K, expenses of $194K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For Lincoln City Libraries:
Data Sources and Methodology
This transparency report for Foundation For Lincoln City Libraries 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.