Friends Of North Sioux Citycommunity Library Inc

Friends Of North Sioux Citycommunity Library Inc reports zero revenue and assets in its latest filing, indicating potential dormancy.

EIN: 205738227 · N Sioux City, SD · NTEE: B12 · Updated: 2026-03-28

$0Revenue

$0Assets

40/100Mission Score (Fair)

B12

About Friends Of North Sioux Citycommunity Library Inc

Friends Of North Sioux Citycommunity Library Inc (EIN: 205738227) is a nonprofit organization based in N Sioux City, SD, classified under NTEE code B12. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of North Sioux Citycommunity Library Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Friends Of North Sioux Citycommunity Library Inc appears to be in a state of financial dormancy or significant decline based on its latest filing showing $0 in both revenue and assets. This is a stark contrast to previous years, where the organization reported substantial revenue and assets, such as $142,173 in revenue and $532,992 in assets in 2012. The significant drop to zero in the most recent period raises concerns about its operational status and ability to fulfill its mission. While historical filings show no officer compensation, which is a positive for resource allocation, the current financial state suggests a complete cessation of activities or a major restructuring not evident in the provided data.

The organization's spending efficiency cannot be accurately assessed for the latest period due to zero activity. In prior periods, expenses varied significantly, from $806 in 2011 to $540,655 in 2013, making it difficult to establish a consistent spending pattern without more detailed breakdowns. The lack of liabilities across all reported periods is a positive indicator of financial prudence, but the overall picture is dominated by the current lack of financial activity. Transparency is moderate, with filings available, but the sudden drop to zero revenue and assets warrants further investigation to understand the organization's current status and future viability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Friends Of North Sioux Citycommunity Library Inc with a Mission Score of 40 out of 100 (Fair). 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 North Sioux Citycommunity Library Inc 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

Officer compensation has consistently been reported as 0% across all available filings, indicating that no executive salaries were paid, which is positive for resource allocation.

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 Friends Of North Sioux Citycommunity Library Inc's IRS 990 filings:

Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation of operations.
Significant fluctuation in expenses across years (e.g., $806 in 2011 vs. $540,655 in 2013) without detailed breakdown raises questions about spending consistency and purpose.

Strengths

The following positive indicators were identified for Friends Of North Sioux Citycommunity Library Inc:

Consistently reported 0% officer compensation, indicating no executive salaries were paid.
No reported liabilities across all filing periods, suggesting good financial management in avoiding debt.

Frequently Asked Questions about Friends Of North Sioux Citycommunity Library Inc

What caused the drastic decline to $0 revenue and assets in the latest filing?

The provided data does not specify the reason for the sudden drop to zero revenue and assets. This significant change from previous years' activity suggests a potential cessation of operations or a major organizational event.

Is Friends Of North Sioux Citycommunity Library Inc still operational?

Based on the latest filing showing $0 in revenue and assets, it is highly questionable whether the organization is still actively operational. Further investigation beyond the provided IRS 990 data would be needed to confirm its current status.

How did the organization manage its expenses in periods with significant revenue, such as 2012?

In 2012, the organization reported $142,173 in revenue against $3,151 in expenses, indicating a very low expense ratio relative to income. This suggests efficient management of funds during that period, or that a significant portion of revenue was retained as assets.

Filing History

IRS 990 filing history for Friends Of North Sioux Citycommunity Library Inc showing financial trends over 3 years of public records:

Over 3 years of IRS 990 filings (2011–2013), Friends Of North Sioux Citycommunity Library Inc's revenue has declined by 35%, moving from $103K to $67K. Total assets decreased by 84.9% over the same period, from $393K to $59K. Total functional expenses rose by 66978.8%, from $806 to $541K. In its most recent filing year (2013), Friends Of North Sioux Citycommunity Library Inc reported a deficit of $474K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2013	$67K	$541K	$59K	$0	—	View 990
2012	$142K	$3K	$533K	$0	—	View 990
2011	$103K	$806	$393K	$0	—	View 990

Year-by-Year Financial Summary

2013: Revenue of $67K, expenses of $541K, and assets of $59K (revenue -52.8% year-over-year).
2012: Revenue of $142K, expenses of $3K, and assets of $533K (revenue +37.7% year-over-year).
2011: Revenue of $103K, expenses of $806, and assets of $393K.

Data Sources and Methodology

This transparency report for Friends Of North Sioux Citycommunity Library Inc 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.