Friends Of Newfields Public Library
Friends Of Newfields Public Library dedicates 75% of spending to programs with modest revenue.
EIN: 20520700 · Newfields, NH · NTEE: B117 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $104K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $104,023, |
| Transparency Score | 88/100 |
Is Friends Of Newfields Public Library Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Newfields Public Library directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Newfields Public Library
Friends Of Newfields Public Library (EIN: 20520700) is a nonprofit organization based in Newfields, NH, classified under NTEE code B117. The organization reported total revenue of $104K and total assets of $194K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Newfields Public Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
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 Friends Of Newfields Public Library 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Friends Of Newfields Public Library allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Given the organization's latest revenue of $104,023, any executive compensation would need to be very modest to align with its size and maintain a healthy program spending ratio.
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.
Strengths
The following positive indicators were identified for Friends Of Newfields Public Library:
- Strong program spending ratio (75%)
- Healthy asset-to-revenue ratio ($193,698 assets vs. $104,023 revenue)
- Efficient allocation of resources with reasonable administrative and fundraising costs
Frequently Asked Questions about Friends Of Newfields Public Library
Is Friends Of Newfields Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Newfields Public Library (EIN: 20520700) appears legitimate. Mission Score: 88/100. 0 red flags identified, 3 strengths noted.
How does Friends Of Newfields Public Library spend its money?
Friends Of Newfields Public Library directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Newfields Public Library tax-deductible?
Friends Of Newfields Public Library is registered as a tax-exempt nonprofit (EIN: 20520700). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Friends Of Newfields Public Library CEO make?
Friends Of Newfields Public Library's highest-compensated officer earns $104,023, annually. The organization reported $104K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Friends Of Newfields Public Library's spending goes to programs?
Friends Of Newfields Public Library directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Newfields Public Library compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Friends Of Newfields Public Library is above average for NTEE category B117 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Newfields Public Library located?
Friends Of Newfields Public Library is headquartered in Newfields, New Hampshire and files with the IRS under EIN 20520700. It is classified under NTEE code B117.
Is Friends Of Newfields Public Library a good charity?
Based on the provided data, Friends Of Newfields Public Library appears to be a good charity, demonstrating strong program spending (75%) relative to its total expenses, indicating efficient use of funds for its mission.
How does their program spending compare to similar organizations?
While a direct comparison requires data from similar NTEE B117 organizations, a 75% program spending ratio is generally considered very good and often exceeds the average for many nonprofits.
What is their financial stability given their assets and revenue?
With $193,698 in assets against $104,023 in latest revenue, the organization appears to have a healthy reserve, suggesting good financial stability for its operational scale.
Data Sources and Methodology
This transparency report for Friends Of Newfields 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.