Foundation For South Orange Public Library
EIN: 463320764 · South Orange, NJ · NTEE: A12
| Metric | Value |
|---|---|
| Total Revenue | $556K |
| Total Expenses | $98K |
| Net Assets | $426K |
Is Foundation For South Orange 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 Foundation For South Orange Public Library
Foundation For South Orange Public Library (EIN: 463320764) is a nonprofit organization based in South Orange, NJ, classified under NTEE code A12. The organization reported total revenue of $556K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Foundation For South Orange Public Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Foundation For South Orange Public Library is a small nonprofit that has been operating for 9 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 57.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $224K |
| Total Expenses | $98K |
| Surplus / Deficit | +$126K |
| Total Assets | $426K |
| Net Assets | $426K |
| Operating Margin | 56.2% |
| Months of Reserves | 52.0 months |
Financial Health Grade: A
In 2023, Foundation For South Orange Public Library reported a surplus of $126K with revenue exceeding expenses, holds 52.0 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Foundation For South Orange Public Library's revenue has grown at a compound annual growth rate (CAGR) of 57.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.7% | +139.4% | +42.1% |
| 2022 | +115.8% | +270.3% | +106.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Foundation For South Orange 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 Foundation For South Orange 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $126K, with revenue exceeding expenses.
Frequently Asked Questions about Foundation For South Orange Public Library
Is Foundation For South Orange Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Foundation For South Orange Public Library (EIN: 463320764) insufficient data. 0 red flags identified, 0 strengths noted.
How does Foundation For South Orange Public Library spend its money?
Detailed spending breakdown data is not yet available for Foundation For South Orange Public Library. Check back for updated IRS 990 analysis.
Are donations to Foundation For South Orange Public Library tax-deductible?
Foundation For South Orange Public Library is registered as a tax-exempt nonprofit (EIN: 463320764). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Foundation For South Orange Public Library located?
Foundation For South Orange Public Library is headquartered in South Orange, New Jersey and files with the IRS under EIN 463320764. It is classified under NTEE code A12.
How many years of IRS 990 filings does Foundation For South Orange Public Library have?
Foundation For South Orange Public Library has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $556K in total revenue.
Filing History
IRS 990 filing history for Foundation For South Orange Public Library showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Foundation For South Orange Public Library's revenue has grown by 147.6%, moving from $91K to $224K. Total assets increased by 193.4% over the same period, from $145K to $426K. Total functional expenses rose by 786.8%, from $11K to $98K. In its most recent filing year (2023), Foundation For South Orange Public Library reported a surplus of $126K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $224K | $98K | $426K | $0 | — | View 990 |
| 2022 | $196K | $41K | $300K | $0 | — | View 990 |
| 2021 | $91K | $11K | $145K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $224K, expenses of $98K, and assets of $426K (revenue +14.7% year-over-year).
- 2022: Revenue of $196K, expenses of $41K, and assets of $300K (revenue +115.8% year-over-year).
- 2021: Revenue of $91K, expenses of $11K, and assets of $145K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Foundation For South Orange Public Library:
Data Sources and Methodology
This transparency report for Foundation For South Orange 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.