Friends Of The Barrington Public Library Inc
Friends Of The Barrington Public Library: Strong Program Spending, Limited Transparency
EIN: 222492219 · Barrington, RI · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $191K |
| Total Expenses | $77K |
| Program Spending | 95% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $135K |
| Transparency Score | 85/100 |
Is Friends Of The Barrington Public Library Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The Barrington Public Library Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The Barrington Public Library Inc
Friends Of The Barrington Public Library Inc (EIN: 222492219) is a nonprofit organization based in Barrington, RI. The organization reported total revenue of $191K and total assets of $190K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Barrington Public Library Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The Barrington Public Library Inc is a small nonprofit that has been operating for 40 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $77K |
| Surplus / Deficit | +$3K |
| Total Assets | $135K |
| Net Assets | $135K |
| Operating Margin | 4.0% |
| Months of Reserves | 21.1 months |
Financial Health Grade: A
In 2023, Friends Of The Barrington Public Library Inc reported a surplus of $3K with revenue exceeding expenses, holds 21.1 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Friends Of The Barrington Public Library Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.4% | +136.9% | -10.5% |
| 2022 | +96.6% | +8.5% | +55.9% |
| 2021 | +4.1% | -18.5% | +9669200.0% |
| 2020 | -24.1% | -15.3% | +0.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 The Barrington Public Library Inc 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Friends Of The Barrington Public Library Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports $0 in executive compensation, indicating a volunteer-led or very lean administrative structure.
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 Barrington Public Library Inc's IRS 990 filings:
- Lack of detailed narrative on program activities and impact beyond financial figures.
- Limited information on how funds are specifically allocated within 'programs' beyond the general category.
Strengths
The following positive indicators were identified for Friends Of The Barrington Public Library Inc:
- Consistently high percentage of expenses dedicated to programs (95% in 2023).
- Healthy revenue growth from $43,997 in 2021 to $80,058 in 2023.
- Strong asset base relative to annual expenses, indicating financial stability.
Frequently Asked Questions about Friends Of The Barrington Public Library Inc
Is Friends Of The Barrington Public Library Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Barrington Public Library Inc (EIN: 222492219) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Friends Of The Barrington Public Library Inc spend its money?
Friends Of The Barrington Public Library Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of The Barrington Public Library Inc tax-deductible?
Friends Of The Barrington Public Library Inc is registered as a tax-exempt nonprofit (EIN: 222492219). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Friends Of The Barrington Public Library Inc CEO make?
Friends Of The Barrington Public Library Inc's highest-compensated officer earns $0 annually. The organization reported $191K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Friends Of The Barrington Public Library Inc located?
Friends Of The Barrington Public Library Inc is headquartered in Barrington, Rhode Island and files with the IRS under EIN 222492219.
How many years of IRS 990 filings does Friends Of The Barrington Public Library Inc have?
Friends Of The Barrington Public Library Inc has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $191K in total revenue.
What does Friends Of The Barrington Public Library Inc do?
Friends Of The Barrington Public Library Inc is a nonprofit organization in the Unknown sector, located in Barrington, Rhode Island. It is classified under NTEE code Unknown.
How much revenue does Friends Of The Barrington Public Library Inc have?
Friends Of The Barrington Public Library Inc reported total revenue of $190,806. Based on 5 IRS 990 filings on record.
What are Friends Of The Barrington Public Library Inc's total assets?
Friends Of The Barrington Public Library Inc holds total assets of $189,559 as reported in IRS 990 filings.
Where is Friends Of The Barrington Public Library Inc located?
Friends Of The Barrington Public Library Inc is based in Barrington, Rhode Island.
What is Friends Of The Barrington Public Library Inc's EIN?
Friends Of The Barrington Public Library Inc's Employer Identification Number (EIN) is 222492219. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Friends Of The Barrington Public Library Inc?
Friends Of The Barrington Public Library Inc is classified under NTEE code Unknown (Unknown).
Is Friends Of The Barrington Public Library Inc a registered 501(c)(3)?
Friends Of The Barrington Public Library Inc appears in IRS records (EIN: 222492219). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Friends Of The Barrington Public Library Inc file IRS Form 990?
Yes, Friends Of The Barrington Public Library Inc has 5 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Friends Of The Barrington Public Library Inc's revenue in 2023?
In the 202312 filing period, Friends Of The Barrington Public Library Inc reported total revenue of $80,058, total expenses of $76,883, and net assets of $134,941.
Is Friends Of The Barrington Public Library Inc's revenue growing or declining?
Friends Of The Barrington Public Library Inc's revenue is declining. Revenue went from $86,493 (202212) to $80,058 (202312), a -7.4% change. Based on 5 filings on record.
What is Friends Of The Barrington Public Library Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Friends Of The Barrington Public Library Inc covers tax period 202312. It shows revenue of $80,058, expenses of $76,883, total assets of $134,941, and liabilities of N/A.
How much does Friends Of The Barrington Public Library Inc spend on programs vs administration?
Based on IRS 990 analysis, Friends Of The Barrington Public Library Inc allocates approximately 95% of expenses to program services, 5% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is Friends Of The Barrington Public Library Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Friends Of The Barrington Public Library Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Friends Of The Barrington Public Library Inc?
The following concerns were identified: Lack of detailed narrative on program activities and impact beyond financial figures.. Limited information on how funds are specifically allocated within 'programs' beyond the general category.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Friends Of The Barrington Public Library Inc's strengths?
Positive indicators for Friends Of The Barrington Public Library Inc include: Consistently high percentage of expenses dedicated to programs (95% in 2023).. Healthy revenue growth from $43,997 in 2021 to $80,058 in 2023.. Strong asset base relative to annual expenses, indicating financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Friends Of The Barrington Public Library Inc compensate executives?
The organization reports $0 in executive compensation, indicating a volunteer-led or very lean administrative structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Friends Of' designation, what specific activities or support does the organization provide to the Barrington Public Library, and how are these measured for effectiveness?
While financial data shows high program spending, the filings do not detail the specific nature of these programs (e.g., book purchases, event funding, capital improvements) or how their impact on the library and community is assessed.
With $0 reported for executive compensation, how does the organization manage its operations and ensure continuity of leadership and administrative functions?
The absence of reported executive compensation suggests a reliance on volunteer leadership and administrative support, which can be highly efficient but may also pose challenges for long-term sustainability and professional capacity building.
Filing History
IRS 990 filing history for Friends Of The Barrington Public Library Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Friends Of The Barrington Public Library Inc's revenue has grown by 43.9%, moving from $56K to $80K. Total assets increased by 13494000% over the same period, from $1 to $135K. Total functional expenses rose by 77.4%, from $43K to $77K. In its most recent filing year (2023), Friends Of The Barrington Public Library Inc reported a surplus of $3K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $80K | $77K | $135K | $0 | — | — |
| 2022 | $86K | $32K | $151K | $0 | — | — |
| 2021 | $44K | $30K | $97K | $0 | — | — |
| 2020 | $42K | $37K | $1 | $0 | — | — |
| 2019 | $56K | $43K | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $80K, expenses of $77K, and assets of $135K (revenue -7.4% year-over-year).
- 2022: Revenue of $86K, expenses of $32K, and assets of $151K (revenue +96.6% year-over-year).
- 2021: Revenue of $44K, expenses of $30K, and assets of $97K (revenue +4.1% year-over-year).
- 2020: Revenue of $42K, expenses of $37K, and assets of $1 (revenue -24.1% year-over-year).
- 2019: Revenue of $56K, expenses of $43K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The Barrington Public Library Inc:
Data Sources and Methodology
This transparency report for Friends Of The Barrington Public 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.