Friends Of The Abbott Library

Friends Of The Abbott Library: Strong Local Support, Room for Transparency

EIN: 222475911 · Sunapee, NH · Updated: 2026-04-04

$29KRevenue

$86KAssets

85/100Mission Score (Excellent)

About Friends Of The Abbott Library

Friends Of The Abbott Library (EIN: 222475911) is a nonprofit organization based in Sunapee, NH. The organization reported total revenue of $29K and total assets of $86K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Abbott Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Friends Of The Abbott Library is a unknown nonprofit based in Sunapee, New Hampshire, with reported revenue of $29K and assets of $86K. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation information is not available in the provided data, suggesting it's either minimal or not separately reported for this organization's size.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Friends Of The Abbott 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: 80%
fundraising: 10%

According to IRS 990 filings, Friends Of The Abbott Library allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation information is not available in the provided data, suggesting it's either minimal or not separately reported for this organization's size.

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 The Abbott Library's IRS 990 filings:

Lack of detailed financial reporting beyond basic IRS summaries.
No clear online presence or dedicated website for program information and impact.

Strengths

The following positive indicators were identified for Friends Of The Abbott Library:

Consistent revenue generation relative to asset size, indicating stable community support.
Likely low administrative overhead given the nature of a local library support group.
Strong potential for direct community impact through library programs.

Frequently Asked Questions about Friends Of The Abbott Library

What does Friends Of The Abbott Library do?

Friends Of The Abbott Library is a nonprofit organization in the Unknown sector, located in Sunapee, New Hampshire. It is classified under NTEE code Unknown.

How much revenue does Friends Of The Abbott Library have?

Friends Of The Abbott Library reported total revenue of $29,082. Based on 1 IRS 990 filing on record.

What are Friends Of The Abbott Library's total assets?

Friends Of The Abbott Library holds total assets of $86,419 as reported in IRS 990 filings.

Where is Friends Of The Abbott Library located?

Friends Of The Abbott Library is based in Sunapee, New Hampshire.

What is Friends Of The Abbott Library's EIN?

Friends Of The Abbott Library's Employer Identification Number (EIN) is 222475911. This is the unique tax ID assigned by the IRS for tax-exempt organizations.

What type of nonprofit is Friends Of The Abbott Library?

Friends Of The Abbott Library is classified under NTEE code Unknown (Unknown).

Is Friends Of The Abbott Library a registered 501(c)(3)?

Friends Of The Abbott Library appears in IRS records (EIN: 222475911). Check the IRS Tax Exempt Organization Search for the most current determination letter status.

Does Friends Of The Abbott Library file IRS Form 990?

Yes, Friends Of The Abbott Library has 1 IRS Form 990 filing on record. The most recent covers tax period 202312.

What was Friends Of The Abbott Library's revenue in 2023?

In the 202312 filing period, Friends Of The Abbott Library reported total revenue of $51,634, total expenses of $37,773, and net assets of $105,914.

What is Friends Of The Abbott Library's most recent 990 filing?

The most recent IRS Form 990 filing for Friends Of The Abbott Library covers tax period 202312. It shows revenue of $51,634, expenses of $37,773, total assets of $105,914, and liabilities of N/A.

How much does Friends Of The Abbott Library spend on programs vs administration?

Based on IRS 990 analysis, Friends Of The Abbott Library allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.

Is Friends Of The Abbott Library a trustworthy charity?

Based on AI analysis of IRS 990 data, Friends Of The Abbott Library appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.

What are the red flags for Friends Of The Abbott Library?

The following concerns were identified: Lack of detailed financial reporting beyond basic IRS summaries.. No clear online presence or dedicated website for program information and impact.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.

What are Friends Of The Abbott Library's strengths?

Positive indicators for Friends Of The Abbott Library include: Consistent revenue generation relative to asset size, indicating stable community support.. Likely low administrative overhead given the nature of a local library support group.. Strong potential for direct community impact through library programs.. These findings are derived from AI analysis of the organization's financial filings.

How does Friends Of The Abbott Library compensate executives?

Executive compensation information is not available in the provided data, suggesting it's either minimal or not separately reported for this organization's size. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.

How does Friends Of The Abbott Library ensure its fundraising efforts are cost-effective and directly benefit library programs, given the absence of detailed spending breakdowns?

Without a detailed breakdown of expenses beyond the basic IRS filing, it's challenging to assess the precise cost-effectiveness of fundraising. However, for an organization of this size, fundraising is often volunteer-driven, which inherently keeps costs low and maximizes the portion of funds directed to programs.

What specific initiatives or programs does Friends Of The Abbott Library fund, and how are these communicated to the Sunapee community?

The provided data does not specify particular initiatives. Communication of funded programs would likely occur through the Abbott Library itself, local community bulletins, or direct outreach to members, rather than through a separate Friends group platform.

Filing History

IRS 990 filing history for Friends Of The Abbott Library showing financial trends over 1 year of public records:

In its most recent filing year (2023), Friends Of The Abbott Library reported a surplus of $14K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$52K	$38K	$106K	$0	—	View 990

Data Sources and Methodology

This transparency report for Friends Of The Abbott 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.