Friends Of Oxford Lafayette County Library
Friends Of Oxford Lafayette County Library operates with minimal financial activity and no executive compensation.
EIN: 203074576 · Oxford, MS · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $4K |
| Program Spending | 90% |
| Net Assets | $2K |
| Transparency Score | 85/100 |
Is Friends Of Oxford Lafayette County Library Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Oxford Lafayette County Library directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Oxford Lafayette County Library
Friends Of Oxford Lafayette County Library (EIN: 203074576) is a nonprofit organization based in Oxford, MS, classified under NTEE code B11. 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 Oxford Lafayette County Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Oxford Lafayette County Library is a micro nonprofit that has been operating for 8 years, with 3 years of IRS 990 filings on record (2014–2016). Revenue has grown at a compound annual rate of 84.2%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $6K |
| Total Expenses | $4K |
| Surplus / Deficit | +$1K |
| Total Assets | $2K |
| Net Assets | $2K |
| Operating Margin | 25.0% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2016, Friends Of Oxford Lafayette County Library reported a surplus of $1K with revenue exceeding expenses, holds 6.6 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2014–2016), Friends Of Oxford Lafayette County Library's revenue has grown at a compound annual growth rate (CAGR) of 84.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | +74.9% | -36.6% | +152.4% |
| 2015 | +94.0% | +90.7% | -78.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2018 |
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 Oxford Lafayette County Library with a Mission Score of 85 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: 90%
- fundraising: 0%
According to IRS 990 filings, Friends Of Oxford Lafayette County Library allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is typical for very small nonprofits.
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 Oxford Lafayette County Library's IRS 990 filings:
- Latest filing shows $0 revenue and assets, potentially indicating inactivity or very minimal operations.
Strengths
The following positive indicators were identified for Friends Of Oxford Lafayette County Library:
- Consistently reports 0% officer compensation, indicating a volunteer-driven model.
- Reports zero liabilities across all periods, suggesting financial prudence.
- Low overhead due to volunteer leadership.
Frequently Asked Questions about Friends Of Oxford Lafayette County Library
Is Friends Of Oxford Lafayette County Library a legitimate charity?
Friends Of Oxford Lafayette County Library (EIN: 203074576) is a registered tax-exempt nonprofit based in Mississippi. Our AI analysis gives it a Mission Score of 85/100. It has 3 years of IRS 990 filings on record. 1 red flag identified. 3 strengths noted. Financial health grade: A.
How does Friends Of Oxford Lafayette County Library spend its money?
Friends Of Oxford Lafayette County Library directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Friends Of Oxford Lafayette County Library tax-deductible?
Friends Of Oxford Lafayette County Library is registered as a tax-exempt nonprofit (EIN: 203074576). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Friends Of Oxford Lafayette County Library compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Friends Of Oxford Lafayette County Library is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Oxford Lafayette County Library located?
Friends Of Oxford Lafayette County Library is headquartered in Oxford, Mississippi and files with the IRS under EIN 203074576. It is classified under NTEE code B11.
How many years of IRS 990 filings does Friends Of Oxford Lafayette County Library have?
Friends Of Oxford Lafayette County Library has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Friends Of Oxford Lafayette County Library a good charity?
Based on the available data, the organization appears to be a legitimate, volunteer-run entity supporting the local library. Its financial activity is minimal, and it reports no executive compensation, suggesting that any funds raised are likely directed towards its mission with very low overhead. However, its impact is likely limited by its small scale.
What is the primary source of funding for this organization?
The provided data shows revenue ranging from $1,757 to $5,962 in prior years. Without more detailed filings, it's difficult to pinpoint the exact sources, but for an organization of this size, it's typically a mix of small donations, membership fees, or minor fundraising events.
How does the organization manage its assets?
The organization's assets have fluctuated, peaking at $4,627 in 2014 and dropping to $0 in the latest filing. Given the small amounts, assets likely consist of cash in a bank account, managed to cover operational expenses or small program initiatives.
Filing History
IRS 990 filing history for Friends Of Oxford Lafayette County Library showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2014–2016), Friends Of Oxford Lafayette County Library's revenue has grown by 239.3%, moving from $2K to $6K. Total assets decreased by 46.7% over the same period, from $5K to $2K. Total functional expenses rose by 20.8%, from $4K to $4K. In its most recent filing year (2016), Friends Of Oxford Lafayette County Library reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $6K | $4K | $2K | $0 | — | View 990 |
| 2015 | $3K | $7K | $977 | $0 | — | View 990 |
| 2014 | $2K | $4K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $6K, expenses of $4K, and assets of $2K (revenue +74.9% year-over-year).
- 2015: Revenue of $3K, expenses of $7K, and assets of $977 (revenue +94.0% year-over-year).
- 2014: Revenue of $2K, expenses of $4K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Oxford Lafayette County Library:
Data Sources and Methodology
This transparency report for Friends Of Oxford Lafayette County 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.