Friends Of The Weare Public Library
Friends Of The Weare Public Library reports minimal revenue and expenses, maintaining a small asset base.
EIN: 20434475 · Weare, NH · NTEE: Z99I · Updated: 2026-03-28
Is Friends Of The Weare Public 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 The Weare Public Library directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The Weare Public Library
Friends Of The Weare Public Library (EIN: 20434475) is a nonprofit organization based in Weare, NH, classified under NTEE code Z99I. 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 The Weare Public Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends Of The Weare Public 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 The Weare Public 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.
Executive Compensation Analysis
No officer compensation was reported in the 202312 filing, indicating that executive functions are likely performed by volunteers or compensated through other means, which is common for very small organizations.
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 Weare Public Library's IRS 990 filings:
- Very low revenue and assets, indicating limited operational capacity
Strengths
The following positive indicators were identified for Friends Of The Weare Public Library:
- No reported officer compensation, suggesting volunteer-driven leadership
- Positive net assets ($5,170) with no liabilities
- Consistent IRS 990 filing, indicating transparency
Frequently Asked Questions about Friends Of The Weare Public Library
Is Friends Of The Weare Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Weare Public Library (EIN: 20434475) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does Friends Of The Weare Public Library spend its money?
Friends Of The Weare Public Library directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of The Weare Public Library tax-deductible?
Friends Of The Weare Public Library is registered as a tax-exempt nonprofit (EIN: 20434475). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Friends Of The Weare Public Library a good charity?
Based on the available data, Friends Of The Weare Public Library appears to be a well-managed, small local charity. It has a positive net asset position ($5,170 assets, $0 liabilities) and no reported officer compensation, suggesting efficient use of its limited funds. Its primary focus is likely supporting the local public library.
What is the primary source of funding for Friends Of The Weare Public Library?
The 202312 filing shows $3,994 in revenue. Without further detail, it's likely this comes from small donations, membership fees, or local fundraising events, consistent with a small community support organization.
Filing History
IRS 990 filing history for Friends Of The Weare Public Library showing financial trends over 1 year of public records:
In its most recent filing year (2023), Friends Of The Weare Public Library reported a surplus of $1K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $3K | $5K | $0 | — | — |
Data Sources and Methodology
This transparency report for Friends Of The Weare Public 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.