Friends Of The Mary E Bartlett Memorial Library

Friends Of The Mary E Bartlett Memorial Library reported a deficit in its latest filing, with expenses exceeding revenue by $20,667.

EIN: 20451911 · Brentwood, NH · NTEE: B70Z · Updated: 2026-03-28

$20KRevenue
$16KAssets
75/100Mission Score (Good)
B70Z
Friends Of The Mary E Bartlett Memorial Library Financial Summary
MetricValue
Total Revenue$20K
Total Expenses$169K
Program Spending85%
Net Assets$16K
Transparency Score75/100

Is Friends Of The Mary E Bartlett Memorial Library Legit?

Some Concerns

LimitedFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Friends Of The Mary E Bartlett Memorial Library directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Friends Of The Mary E Bartlett Memorial Library

Friends Of The Mary E Bartlett Memorial Library (EIN: 20451911) is a nonprofit organization based in Brentwood, NH, classified under NTEE code B70Z. The organization reported total revenue of $20K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Mary E Bartlett Memorial Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

33Years Operating
MicroSize Classification
1Years of Filings
StableRevenue Trajectory

Friends Of The Mary E Bartlett Memorial Library is a micro nonprofit that has been operating for 33 years.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$149K
Total Expenses$169K
Surplus / Deficit$-20,667
Total Assets$16K
Net Assets$16K
Operating Margin-13.9%
Months of Reserves1.2 months

Financial Health Grade: C

In 2024, Friends Of The Mary E Bartlett Memorial Library reported a deficit of $21K with expenses exceeding revenue, holds 1.2 months of operating reserves (limited).

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1993

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Friends Of The Mary E Bartlett Memorial Library appears to be a small, community-focused organization with a generally healthy financial profile, though it experienced a deficit in its latest reported period. In the 202408 period, the organization reported revenues of $148,785 against expenses of $169,452, resulting in a net loss for that year. Despite this, its assets remain modest at $16,485 with no reported liabilities, indicating a stable, debt-free position. The organization's financial health is largely dependent on its ability to consistently raise funds to cover its operational costs, as evidenced by the recent deficit. Its small scale and lack of officer compensation suggest a volunteer-driven or minimally staffed operation, which can contribute to efficiency but also limits capacity for large-scale fundraising or program expansion.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Friends Of The Mary E Bartlett Memorial Library with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Friends Of The Mary E Bartlett Memorial Library allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$149KTotal Revenue
$169KTotal Expenses
$16KTotal Assets
$16KNet Assets

Executive Compensation Analysis

The organization reported 0% officer compensation, indicating that its leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is typical for very small nonprofits and contributes to lower administrative overhead.

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 Mary E Bartlett Memorial Library's IRS 990 filings:

Strengths

The following positive indicators were identified for Friends Of The Mary E Bartlett Memorial Library:

Frequently Asked Questions about Friends Of The Mary E Bartlett Memorial Library

Is Friends Of The Mary E Bartlett Memorial Library a legitimate charity?

Based on AI analysis of IRS 990 filings, Friends Of The Mary E Bartlett Memorial Library (EIN: 20451911) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.

How does Friends Of The Mary E Bartlett Memorial Library spend its money?

Friends Of The Mary E Bartlett Memorial Library directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Friends Of The Mary E Bartlett Memorial Library tax-deductible?

Friends Of The Mary E Bartlett Memorial Library is registered as a tax-exempt nonprofit (EIN: 20451911). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Friends Of The Mary E Bartlett Memorial Library's spending goes to programs?

Friends Of The Mary E Bartlett Memorial Library directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Friends Of The Mary E Bartlett Memorial Library compare to similar nonprofits?

With a transparency score of 75/100 (Good), Friends Of The Mary E Bartlett Memorial Library is above average for NTEE category B70Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Friends Of The Mary E Bartlett Memorial Library located?

Friends Of The Mary E Bartlett Memorial Library is headquartered in Brentwood, New Hampshire and files with the IRS under EIN 20451911. It is classified under NTEE code B70Z.

Is Friends Of The Mary E Bartlett Memorial Library a good charity?

Based on the available data, the organization appears to be a good charity, particularly due to its strong program focus and lack of officer compensation. While it experienced a deficit in the latest period, its overall financial structure is lean and debt-free.

What caused the deficit in the 202408 period?

The IRS 990-EZ filing for the 202408 period shows expenses of $169,452 against revenues of $148,785, resulting in a deficit of $20,667. The specific breakdown of expenses would require a more detailed look at the filing's expense categories, but it indicates that spending outpaced income for that year.

How does the organization manage its assets?

The organization holds modest assets of $16,485 with no reported liabilities, suggesting a conservative approach to financial management and a reliance on current funding for operations rather than significant endowments or investments.

Filing History

IRS 990 filing history for Friends Of The Mary E Bartlett Memorial Library showing financial trends over 1 year of public records:

In its most recent filing year (2024), Friends Of The Mary E Bartlett Memorial Library reported a deficit of $21K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $149K $169K $16K $0

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Friends Of The Mary E Bartlett Memorial Library:

2024 Filing

Data Sources and Methodology

This transparency report for Friends Of The Mary E Bartlett Memorial 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.

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