Hartland Public Library
Hartland Public Library experiences recent deficit spending, drawing down assets after a period of growth.
EIN: 10459958 · Hartland, ME · NTEE: B70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $64K |
| Total Expenses | $73K |
| Program Spending | 85% |
| Net Assets | $243K |
| Transparency Score | 80/100 |
Is Hartland Public Library Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hartland Public Library directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hartland Public Library
Hartland Public Library (EIN: 10459958) is a nonprofit organization based in Hartland, ME, classified under NTEE code B70. The organization reported total revenue of $64K and total assets of $243K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hartland Public Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hartland Public Library is a micro nonprofit that has been operating for 11 years, with 7 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $73K |
| Surplus / Deficit | $-9,301 |
| Total Assets | $243K |
| Net Assets | $243K |
| Operating Margin | -14.5% |
| Months of Reserves | 39.8 months |
Financial Health Grade: B
In 2023, Hartland Public Library reported a deficit of $9K with expenses exceeding revenue, holds 39.8 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2016–2023), Hartland Public Library's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.8% | +6.1% | -3.7% |
| 2022 | -47.3% | +37.1% | -39.5% |
| 2020 | +70.3% | -3.2% | +19.0% |
| 2019 | +16.4% | -12.1% | +5.0% |
| 2018 | -8.6% | -11.2% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
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 Hartland Public Library with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, Hartland Public 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization likely relies on volunteer leadership or has a very lean, non-compensated executive structure, which is positive for resource allocation.
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 Hartland Public Library's IRS 990 filings:
- Expenses exceeding revenue in recent years (2022, 2023)
- Significant decline in assets from 2020 peak ($417,415) to 2023 ($243,357)
Strengths
The following positive indicators were identified for Hartland Public Library:
- Consistent IRS 990 filing history (7 filings)
- No reported liabilities across all periods
- 0% officer compensation, indicating efficient use of funds for leadership
- Stable asset base, despite recent decline
Frequently Asked Questions about Hartland Public Library
Is Hartland Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Hartland Public Library (EIN: 10459958) some concerns. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.
How does Hartland Public Library spend its money?
Hartland Public Library directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hartland Public Library tax-deductible?
Hartland Public Library is registered as a tax-exempt nonprofit (EIN: 10459958). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hartland Public Library's spending goes to programs?
Hartland Public Library directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hartland Public Library compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Hartland Public Library is above average for NTEE category B70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hartland Public Library located?
Hartland Public Library is headquartered in Hartland, Maine and files with the IRS under EIN 10459958. It is classified under NTEE code B70.
How many years of IRS 990 filings does Hartland Public Library have?
Hartland Public Library has 7 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 $64K in total revenue.
Is Hartland Public Library a good charity?
Based on the available data, Hartland Public Library appears to be a responsible organization. It consistently files its IRS 990s, has no reported liabilities, and reports 0% officer compensation, suggesting efficient use of funds. However, recent years show expenses exceeding revenue, which is a trend to watch.
Why have assets decreased since 2020?
Assets peaked at $417,415 in 2020 and have since decreased to $243,357 in 2023. This decline correlates with periods where expenses ($73,407 in 2023, $69,165 in 2022) have exceeded revenue ($64,106 in 2023, $61,777 in 2022), indicating the organization is drawing down its reserves to cover operational costs.
What is the organization's primary source of revenue?
The provided data does not specify the primary sources of revenue. Further investigation into the detailed 990 forms would be needed to identify specific funding streams.
Filing History
IRS 990 filing history for Hartland Public Library showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2023), Hartland Public Library's revenue has declined by 5.4%, moving from $68K to $64K. Total assets decreased by 24.6% over the same period, from $323K to $243K. Total functional expenses rose by 20.3%, from $61K to $73K. In its most recent filing year (2023), Hartland Public Library reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $64K | $73K | $243K | $0 | — | — |
| 2022 | $62K | $69K | $253K | $0 | — | View 990 |
| 2020 | $117K | $50K | $417K | $0 | — | View 990 |
| 2019 | $69K | $52K | $351K | $0 | — | View 990 |
| 2018 | $59K | $59K | $334K | $0 | — | View 990 |
| 2017 | $65K | $67K | $323K | $0 | — | View 990 |
| 2016 | $68K | $61K | $323K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $64K, expenses of $73K, and assets of $243K (revenue +3.8% year-over-year).
- 2022: Revenue of $62K, expenses of $69K, and assets of $253K (revenue -47.3% year-over-year).
- 2020: Revenue of $117K, expenses of $50K, and assets of $417K (revenue +70.3% year-over-year).
- 2019: Revenue of $69K, expenses of $52K, and assets of $351K (revenue +16.4% year-over-year).
- 2018: Revenue of $59K, expenses of $59K, and assets of $334K (revenue -8.6% year-over-year).
- 2017: Revenue of $65K, expenses of $67K, and assets of $323K (revenue -4.5% year-over-year).
- 2016: Revenue of $68K, expenses of $61K, and assets of $323K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hartland Public Library:
Data Sources and Methodology
This transparency report for Hartland 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.