Free Public Library Of Stratford
EIN: 911996891 · Stratford, NJ · NTEE: B70
| Metric | Value |
|---|---|
| Total Revenue | $214K |
| Total Expenses | $152K |
| Net Assets | $401K |
Is Free Public Library Of Stratford Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Free Public Library Of Stratford
Free Public Library Of Stratford (EIN: 911996891) is a nonprofit organization based in Stratford, NJ, classified under NTEE code B70. The organization reported total revenue of $214K and total assets of $474K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Free Public Library Of Stratford's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Free Public Library Of Stratford is a small nonprofit that has been operating for 26 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $183K |
| Total Expenses | $152K |
| Surplus / Deficit | +$31K |
| Total Assets | $413K |
| Total Liabilities | $11K |
| Net Assets | $401K |
| Operating Margin | 17.1% |
| Debt-to-Asset Ratio | 2.8% |
| Months of Reserves | 32.6 months |
Financial Health Grade: A
In 2023, Free Public Library Of Stratford reported a surplus of $31K with revenue exceeding expenses, holds 32.6 months of operating reserves (strong position), has a debt-to-asset ratio of 2.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Free Public Library Of Stratford's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.0% | +11.2% | +10.4% |
| 2022 | +4.1% | +3.8% | +8.8% |
| 2021 | +3.2% | -8.7% | +10.1% |
| 2020 | +0.8% | -8.2% | +3.9% |
| 2019 | -1.0% | -10.5% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Free Public Library Of Stratford 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 Free Public Library Of Stratford 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 $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.8%.
Frequently Asked Questions about Free Public Library Of Stratford
Is Free Public Library Of Stratford a legitimate charity?
Based on AI analysis of IRS 990 filings, Free Public Library Of Stratford (EIN: 911996891) insufficient data. 0 red flags identified, 0 strengths noted.
How does Free Public Library Of Stratford spend its money?
Detailed spending breakdown data is not yet available for Free Public Library Of Stratford. Check back for updated IRS 990 analysis.
Are donations to Free Public Library Of Stratford tax-deductible?
Free Public Library Of Stratford is registered as a tax-exempt nonprofit (EIN: 911996891). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Free Public Library Of Stratford located?
Free Public Library Of Stratford is headquartered in Stratford, New Jersey and files with the IRS under EIN 911996891. It is classified under NTEE code B70.
How many years of IRS 990 filings does Free Public Library Of Stratford have?
Free Public Library Of Stratford 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 $214K in total revenue.
Filing History
IRS 990 filing history for Free Public Library Of Stratford showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Free Public Library Of Stratford's revenue has grown by 2.1%, moving from $179K to $183K. Total assets decreased by 33.8% over the same period, from $623K to $413K. Total functional expenses fell by 23.5%, from $198K to $152K. In its most recent filing year (2023), Free Public Library Of Stratford reported a surplus of $31K, with revenue exceeding expenses. The organization holds $11K in liabilities against $413K in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $401K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $183K | $152K | $413K | $11K | — | View 990 |
| 2022 | $168K | $136K | $374K | $4K | — | View 990 |
| 2021 | $161K | $131K | $343K | $5K | — | — |
| 2020 | $156K | $144K | $312K | $3K | — | — |
| 2019 | $155K | $157K | $300K | $4K | — | View 990 |
| 2018 | $156K | $175K | $306K | $7K | — | View 990 |
| 2017 | $152K | $183K | $320K | $2K | — | View 990 |
| 2016 | $153K | $201K | $353K | $3K | — | View 990 |
| 2015 | $152K | $212K | $401K | $3K | — | View 990 |
| 2014 | $152K | $214K | $465K | $6K | — | View 990 |
| 2013 | $161K | $229K | $525K | $4K | — | View 990 |
| 2012 | $174K | $200K | $594K | $5K | — | View 990 |
| 2011 | $179K | $198K | $623K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $183K, expenses of $152K, and assets of $413K (revenue +9.0% year-over-year).
- 2022: Revenue of $168K, expenses of $136K, and assets of $374K (revenue +4.1% year-over-year).
- 2021: Revenue of $161K, expenses of $131K, and assets of $343K (revenue +3.2% year-over-year).
- 2020: Revenue of $156K, expenses of $144K, and assets of $312K (revenue +0.8% year-over-year).
- 2019: Revenue of $155K, expenses of $157K, and assets of $300K (revenue -1.0% year-over-year).
- 2018: Revenue of $156K, expenses of $175K, and assets of $306K (revenue +3.1% year-over-year).
- 2017: Revenue of $152K, expenses of $183K, and assets of $320K (revenue -0.6% year-over-year).
- 2016: Revenue of $153K, expenses of $201K, and assets of $353K (revenue +0.7% year-over-year).
- 2015: Revenue of $152K, expenses of $212K, and assets of $401K (revenue -0.1% year-over-year).
- 2014: Revenue of $152K, expenses of $214K, and assets of $465K (revenue -6.0% year-over-year).
- 2013: Revenue of $161K, expenses of $229K, and assets of $525K (revenue -7.2% year-over-year).
- 2012: Revenue of $174K, expenses of $200K, and assets of $594K (revenue -2.9% year-over-year).
- 2011: Revenue of $179K, expenses of $198K, and assets of $623K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Free Public Library Of Stratford:
Data Sources and Methodology
This transparency report for Free Public Library Of Stratford 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.