Kemmerer Library Harding Township Inc
Kemmerer Library: Strong Assets, Volatile Revenue, and Consistent Program Spending
EIN: 223077743 · New Vernon, NJ · NTEE: B71Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $939K |
| Total Expenses | $536K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $5.7M |
| Transparency Score | 85/100 |
Is Kemmerer Library Harding Township Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kemmerer Library Harding Township Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kemmerer Library Harding Township Inc
Kemmerer Library Harding Township Inc (EIN: 223077743) is a nonprofit organization based in New Vernon, NJ, classified under NTEE code B71Z. The organization reported total revenue of $939K and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kemmerer Library Harding Township Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kemmerer Library Harding Township Inc is a small nonprofit that has been operating for 35 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $998K |
| Total Expenses | $536K |
| Surplus / Deficit | +$462K |
| Total Assets | $5.7M |
| Total Liabilities | $25K |
| Net Assets | $5.7M |
| Operating Margin | 46.3% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 127.5 months |
Financial Health Grade: A
In 2023, Kemmerer Library Harding Township Inc reported a surplus of $462K with revenue exceeding expenses, holds 127.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Kemmerer Library Harding Township Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +163.1% | +22.5% | +9.0% |
| 2022 | -47.6% | +13.4% | -1.1% |
| 2021 | +175.8% | +11.6% | +6.6% |
| 2020 | -43.7% | -9.9% | -1.3% |
| 2019 | +258.6% | -4.7% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1991 |
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 Kemmerer Library Harding Township 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: 90%
- fundraising: 5%
According to IRS 990 filings, Kemmerer Library Harding Township Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $462K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Executive compensation is reported at $0 across all available filings, suggesting a fully volunteer-based leadership, which is highly efficient.
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 Kemmerer Library Harding Township Inc's IRS 990 filings:
- Revenue has been highly volatile, ranging from $130,174 in 2018 to $997,768 in 2023, which could impact long-term planning.
- Despite significant assets, the library's reliance on fluctuating donations for operational revenue presents a potential risk.
Strengths
The following positive indicators were identified for Kemmerer Library Harding Township Inc:
- The library maintains substantial assets, reaching $6,111,383 in 2023, providing a strong financial cushion.
- A consistent pattern of 0% executive compensation demonstrates a highly efficient and community-driven operational model.
- Program spending consistently represents a very high percentage of total expenses, indicating a strong focus on its mission.
Frequently Asked Questions about Kemmerer Library Harding Township Inc
Is Kemmerer Library Harding Township Inc a legitimate charity?
Kemmerer Library Harding Township Inc (EIN: 223077743) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $939K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Kemmerer Library Harding Township Inc spend its money?
Kemmerer Library Harding Township Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Kemmerer Library Harding Township Inc tax-deductible?
Kemmerer Library Harding Township Inc is registered as a tax-exempt nonprofit (EIN: 223077743). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kemmerer Library Harding Township Inc CEO make?
Kemmerer Library Harding Township Inc's highest-compensated officer earns $0 annually. The organization reported $939K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kemmerer Library Harding Township Inc's spending goes to programs?
Kemmerer Library Harding Township Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kemmerer Library Harding Township Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Kemmerer Library Harding Township Inc is above average for NTEE category B71Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kemmerer Library Harding Township Inc located?
Kemmerer Library Harding Township Inc is headquartered in New Vernon, New Jersey and files with the IRS under EIN 223077743. It is classified under NTEE code B71Z.
How many years of IRS 990 filings does Kemmerer Library Harding Township Inc have?
Kemmerer Library Harding Township Inc has 14 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 $939K in total revenue.
What does Kemmerer Library Harding Township Inc do?
Kemmerer Library Harding Township Inc is a nonprofit organization in the Education sector, located in New Vernon, New Jersey. It is classified under NTEE code B71Z.
How much revenue does Kemmerer Library Harding Township Inc have?
Kemmerer Library Harding Township Inc reported total revenue of $939,495. Based on 14 IRS 990 filings on record.
What are Kemmerer Library Harding Township Inc's total assets?
Kemmerer Library Harding Township Inc holds total assets of $6,111,383 as reported in IRS 990 filings.
Where is Kemmerer Library Harding Township Inc located?
Kemmerer Library Harding Township Inc is based in New Vernon, New Jersey.
What is Kemmerer Library Harding Township Inc's EIN?
Kemmerer Library Harding Township Inc's Employer Identification Number (EIN) is 223077743. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Kemmerer Library Harding Township Inc?
Kemmerer Library Harding Township Inc is classified under NTEE code B71Z (Education).
Is Kemmerer Library Harding Township Inc a registered 501(c)(3)?
Yes, Kemmerer Library Harding Township Inc is recognized as a tax-exempt organization by the IRS. EIN: 223077743.
Does Kemmerer Library Harding Township Inc file IRS Form 990?
Yes, Kemmerer Library Harding Township Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Kemmerer Library Harding Township Inc's revenue in 2023?
In the 202312 filing period, Kemmerer Library Harding Township Inc reported total revenue of $997,768, total expenses of $535,933, and net assets of $5,693,610.
Is Kemmerer Library Harding Township Inc's revenue growing or declining?
Kemmerer Library Harding Township Inc's revenue is growing. Revenue went from $379,281 (202212) to $997,768 (202312), a +163.1% change. Based on 14 filings on record.
What is Kemmerer Library Harding Township Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Kemmerer Library Harding Township Inc covers tax period 202312. It shows revenue of $997,768, expenses of $535,933, total assets of $5,693,610, and liabilities of $24,752.
How much does Kemmerer Library Harding Township Inc spend on programs vs administration?
Based on IRS 990 analysis, Kemmerer Library Harding Township Inc allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Kemmerer Library Harding Township Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Kemmerer Library Harding Township Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Kemmerer Library Harding Township Inc?
The following concerns were identified: Revenue has been highly volatile, ranging from $130,174 in 2018 to $997,768 in 2023, which could impact long-term planning.. Despite significant assets, the library's reliance on fluctuating donations for operational revenue presents a potential risk.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Kemmerer Library Harding Township Inc's strengths?
Positive indicators for Kemmerer Library Harding Township Inc include: The library maintains substantial assets, reaching $6,111,383 in 2023, providing a strong financial cushion.. A consistent pattern of 0% executive compensation demonstrates a highly efficient and community-driven operational model.. Program spending consistently represents a very high percentage of total expenses, indicating a strong focus on its mission.. These findings are derived from AI analysis of the organization's financial filings.
How does Kemmerer Library Harding Township Inc compensate executives?
Executive compensation is reported at $0 across all available filings, suggesting a fully volunteer-based leadership, which is highly efficient. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the significant asset base of $6,111,383 and highly variable annual revenues, what strategies are in place to ensure long-term operational stability and growth without solely relying on unpredictable donations?
While the filings show a strong asset base, the revenue volatility suggests a need for diversified funding strategies beyond annual donations, potentially leveraging endowment income or planned giving to stabilize operations.
Filing History
IRS 990 filing history for Kemmerer Library Harding Township Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Kemmerer Library Harding Township Inc's revenue has grown by 54.5%, moving from $646K to $998K. Total assets decreased by 0.3% over the same period, from $5.7M to $5.7M. Total functional expenses rose by 109%, from $256K to $536K. In its most recent filing year (2023), Kemmerer Library Harding Township Inc reported a surplus of $462K, with revenue exceeding expenses. The organization holds $25K in liabilities against $5.7M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $5.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $998K | $536K | $5.7M | $25K | — | View 990 |
| 2022 | $379K | $437K | $5.2M | $17K | — | — |
| 2021 | $724K | $386K | $5.3M | $16K | — | View 990 |
| 2020 | $263K | $346K | $5.0M | $27K | — | — |
| 2019 | $467K | $384K | $5.0M | $12K | — | View 990 |
| 2018 | $130K | $403K | $4.9M | $12K | — | View 990 |
| 2017 | $387K | $431K | $5.2M | $9K | — | View 990 |
| 2016 | $241K | $432K | $5.3M | $16K | — | View 990 |
| 2015 | $172K | $424K | $5.4M | $11K | — | View 990 |
| 2014 | $289K | $411K | $5.7M | $13K | — | View 990 |
| 2013 | $397K | $397K | $5.8M | $13K | — | View 990 |
| 2012 | $313K | $395K | $5.8M | $16K | — | View 990 |
| 2011 | $600K | $386K | $5.9M | $8K | — | View 990 |
| 2010 | $646K | $256K | $5.7M | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $998K, expenses of $536K, and assets of $5.7M (revenue +163.1% year-over-year).
- 2022: Revenue of $379K, expenses of $437K, and assets of $5.2M (revenue -47.6% year-over-year).
- 2021: Revenue of $724K, expenses of $386K, and assets of $5.3M (revenue +175.8% year-over-year).
- 2020: Revenue of $263K, expenses of $346K, and assets of $5.0M (revenue -43.7% year-over-year).
- 2019: Revenue of $467K, expenses of $384K, and assets of $5.0M (revenue +258.6% year-over-year).
- 2018: Revenue of $130K, expenses of $403K, and assets of $4.9M (revenue -66.4% year-over-year).
- 2017: Revenue of $387K, expenses of $431K, and assets of $5.2M (revenue +60.5% year-over-year).
- 2016: Revenue of $241K, expenses of $432K, and assets of $5.3M (revenue +40.3% year-over-year).
- 2015: Revenue of $172K, expenses of $424K, and assets of $5.4M (revenue -40.4% year-over-year).
- 2014: Revenue of $289K, expenses of $411K, and assets of $5.7M (revenue -27.3% year-over-year).
- 2013: Revenue of $397K, expenses of $397K, and assets of $5.8M (revenue +27.1% year-over-year).
- 2012: Revenue of $313K, expenses of $395K, and assets of $5.8M (revenue -47.9% year-over-year).
- 2011: Revenue of $600K, expenses of $386K, and assets of $5.9M (revenue -7.2% year-over-year).
- 2010: Revenue of $646K, expenses of $256K, and assets of $5.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kemmerer Library Harding Township Inc:
Data Sources and Methodology
This transparency report for Kemmerer Library Harding Township 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.