Four County Library System
Four County Library System maintains consistent financial stability with growing assets and no reported officer compensation.
EIN: 150618269 · Vestal, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $2.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2.5 |
| Net Assets | $2.4M |
| Transparency Score | 88/100 |
Is Four County Library System Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Four County Library System directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Four County Library System
Four County Library System (EIN: 150618269) is a nonprofit organization based in Vestal, NY. The organization reported total revenue of $2.8M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Four County Library System's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Four County Library System is a mid-size nonprofit that has been operating for 64 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.6M |
| Total Expenses | $2.5M |
| Surplus / Deficit | +$32K |
| Total Assets | $2.5M |
| Total Liabilities | $35K |
| Net Assets | $2.4M |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 11.6 months |
Financial Health Grade: A
In 2023, Four County Library System reported a surplus of $32K with revenue exceeding expenses, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Four County Library System's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +5.0% | +2.8% |
| 2022 | -17.0% | -2.4% | +6.8% |
| 2021 | +33.0% | +0.3% | +38.0% |
| 2020 | -11.9% | -10.6% | -8.1% |
| 2019 | -6.1% | +6.2% | -6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1962 |
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 Four County Library System with a Mission Score of 88 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, Four County Library System 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 surplus of $32K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with revenues around $2.5 million annually.
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 Four County Library System's IRS 990 filings:
- NTEE Code is unknown, which can make it harder to benchmark against similar organizations.
Strengths
The following positive indicators were identified for Four County Library System:
- Consistent financial surpluses, with revenue often exceeding expenses (e.g., 2023: $2,564,986 revenue vs. $2,532,550 expenses).
- Steady growth in assets, from $1,457,731 in 2014 to $2,451,043 in 2023.
- Extremely low liabilities across all reported periods, often $0, indicating strong fiscal management.
- 0% reported officer compensation across all filings, suggesting high efficiency and dedication.
- Long and consistent filing history (13 filings), demonstrating transparency and accountability.
Frequently Asked Questions about Four County Library System
Is Four County Library System a legitimate charity?
Based on AI analysis of IRS 990 filings, Four County Library System (EIN: 150618269) some concerns. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
How does Four County Library System spend its money?
Four County Library System directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Four County Library System tax-deductible?
Four County Library System is registered as a tax-exempt nonprofit (EIN: 150618269). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Four County Library System CEO make?
Four County Library System's highest-compensated officer earns $2.5 annually. The organization reported $2.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Four County Library System's spending goes to programs?
Four County Library System directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Four County Library System located?
Four County Library System is headquartered in Vestal, New York and files with the IRS under EIN 150618269.
How many years of IRS 990 filings does Four County Library System have?
Four County Library System 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 $2.8M in total revenue.
Is Four County Library System a good charity?
Based on its financial data, Four County Library System appears to be a well-managed organization. It consistently generates surpluses, has growing assets, and maintains very low liabilities. The absence of reported officer compensation is a strong positive indicator of efficiency and dedication to its mission.
How has the organization's financial health changed over the last decade?
Over the last decade, Four County Library System has shown consistent financial health. Its assets have grown significantly from $1,457,731 in 2014 to $2,451,043 in 2023, and it has generally maintained revenues above expenses, indicating stable operations and growth.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, suggesting a highly efficient approach where executive leadership is either volunteer or compensated through other means not classified as officer compensation, which is commendable for a nonprofit of this scale.
Filing History
IRS 990 filing history for Four County Library System showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Four County Library System's revenue has declined by 13.5%, moving from $3.0M to $2.6M. Total assets increased by 77.9% over the same period, from $1.4M to $2.5M. Total functional expenses fell by 6.6%, from $2.7M to $2.5M. In its most recent filing year (2023), Four County Library System reported a surplus of $32K, with revenue exceeding expenses. The organization holds $35K in liabilities against $2.5M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.6M | $2.5M | $2.5M | $35K | — | — |
| 2022 | $2.6M | $2.4M | $2.4M | $0 | — | View 990 |
| 2021 | $3.1M | $2.5M | $2.2M | $0 | — | View 990 |
| 2020 | $2.3M | $2.5M | $1.6M | $604 | — | View 990 |
| 2019 | $2.6M | $2.8M | $1.8M | $136 | — | View 990 |
| 2018 | $2.8M | $2.6M | $1.9M | $0 | — | View 990 |
| 2017 | $2.9M | $2.5M | $1.8M | $1K | — | View 990 |
| 2016 | $2.8M | $2.8M | $1.5M | $95 | — | View 990 |
| 2015 | $2.6M | $2.6M | $1.5M | $6K | — | View 990 |
| 2014 | $2.6M | $2.5M | $1.5M | $1K | — | View 990 |
| 2013 | $2.5M | $2.6M | $1.4M | $2K | — | View 990 |
| 2012 | $2.4M | $2.5M | $1.4M | $4K | — | View 990 |
| 2011 | $3.0M | $2.7M | $1.4M | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.6M, expenses of $2.5M, and assets of $2.5M (revenue +0.0% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.4M, and assets of $2.4M (revenue -17.0% year-over-year).
- 2021: Revenue of $3.1M, expenses of $2.5M, and assets of $2.2M (revenue +33.0% year-over-year).
- 2020: Revenue of $2.3M, expenses of $2.5M, and assets of $1.6M (revenue -11.9% year-over-year).
- 2019: Revenue of $2.6M, expenses of $2.8M, and assets of $1.8M (revenue -6.1% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.6M, and assets of $1.9M (revenue -3.7% year-over-year).
- 2017: Revenue of $2.9M, expenses of $2.5M, and assets of $1.8M (revenue +2.9% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.8M, and assets of $1.5M (revenue +8.3% year-over-year).
- 2015: Revenue of $2.6M, expenses of $2.6M, and assets of $1.5M (revenue -0.6% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.5M, and assets of $1.5M (revenue +3.3% year-over-year).
- 2013: Revenue of $2.5M, expenses of $2.6M, and assets of $1.4M (revenue +4.0% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.5M, and assets of $1.4M (revenue -17.5% year-over-year).
- 2011: Revenue of $3.0M, expenses of $2.7M, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Four County Library System:
Data Sources and Methodology
This transparency report for Four County Library System 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.