Friend Of The Leland Township Public Library
EIN: 526181923 · Leland, MI · NTEE: B117
| Metric | Value |
|---|---|
| Total Revenue | $256K |
| Total Expenses | $66K |
| Net Assets | $406K |
Is Friend Of The Leland Township 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 Friend Of The Leland Township Public Library
Friend Of The Leland Township Public Library (EIN: 526181923) is a nonprofit organization based in Leland, MI, classified under NTEE code B117. The organization reported total revenue of $256K and total assets of $342K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friend Of The Leland Township Public Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friend Of The Leland Township Public Library is a small nonprofit that has been operating for 21 years, with 3 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $83K |
| Total Expenses | $66K |
| Surplus / Deficit | +$17K |
| Total Assets | $406K |
| Net Assets | $406K |
| Operating Margin | 20.9% |
| Months of Reserves | 74.0 months |
Financial Health Grade: A
In 2023, Friend Of The Leland Township Public Library reported a surplus of $17K with revenue exceeding expenses, holds 74.0 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2012–2023), Friend Of The Leland Township Public Library's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +551.8% | +14.2% | +272.1% |
| 2016 | -63.1% | +121.3% | -23.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friend Of The Leland Township 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 Friend Of The Leland Township 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 $17K, with revenue exceeding expenses.
Frequently Asked Questions about Friend Of The Leland Township Public Library
Is Friend Of The Leland Township Public Library a legitimate charity?
Friend Of The Leland Township Public Library (EIN: 526181923) is a registered tax-exempt nonprofit based in Michigan. It has 3 years of IRS 990 filings on record. Total revenue: $256K. No red flags identified. Financial health grade: A.
How does Friend Of The Leland Township Public Library spend its money?
Friend Of The Leland Township Public Library reported $256K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friend Of The Leland Township Public Library tax-deductible?
Friend Of The Leland Township Public Library is registered as a tax-exempt nonprofit (EIN: 526181923). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friend Of The Leland Township Public Library located?
Friend Of The Leland Township Public Library is headquartered in Leland, Michigan and files with the IRS under EIN 526181923. It is classified under NTEE code B117.
How many years of IRS 990 filings does Friend Of The Leland Township Public Library have?
Friend Of The Leland Township 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 $256K in total revenue.
Filing History
IRS 990 filing history for Friend Of The Leland Township Public Library showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2012–2023), Friend Of The Leland Township Public Library's revenue has grown by 140.3%, moving from $35K to $83K. Total assets increased by 183% over the same period, from $143K to $406K. Total functional expenses rose by 152.6%, from $26K to $66K. In its most recent filing year (2023), Friend Of The Leland Township Public Library reported a surplus of $17K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $83K | $66K | $406K | $0 | — | View 990 |
| 2016 | $13K | $58K | $109K | $0 | — | View 990 |
| 2012 | $35K | $26K | $143K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $83K, expenses of $66K, and assets of $406K (revenue +551.8% year-over-year).
- 2016: Revenue of $13K, expenses of $58K, and assets of $109K (revenue -63.1% year-over-year).
- 2012: Revenue of $35K, expenses of $26K, and assets of $143K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friend Of The Leland Township Public Library:
Data Sources and Methodology
This transparency report for Friend Of The Leland Township 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.