Klamath County Library Foundation
EIN: 260012678 · Klamath Falls, OR · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $57K |
| Total Expenses | $51K |
| Net Assets | $151K |
Is Klamath County Library Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Klamath County Library Foundation
Klamath County Library Foundation (EIN: 260012678) is a nonprofit organization based in Klamath Falls, OR, classified under NTEE code B11. The organization reported total revenue of $57K and total assets of $195K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Klamath County Library Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Klamath County Library Foundation is a micro nonprofit that has been operating for 22 years, with 6 years of IRS 990 filings on record (2012–2017). Revenue has grown at a compound annual rate of -14.0%.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
| Total Revenue | $43K |
| Total Expenses | $51K |
| Surplus / Deficit | $-8,489 |
| Total Assets | $151K |
| Net Assets | $151K |
| Operating Margin | -20.0% |
| Months of Reserves | 35.5 months |
Financial Health Grade: B
In 2017, Klamath County Library Foundation reported a deficit of $8K with expenses exceeding revenue, holds 35.5 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2012–2017), Klamath County Library Foundation's revenue has declined at a compound annual growth rate (CAGR) of -14.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2017 | +40.5% | -84.4% | -5.3% |
| 2016 | +25.1% | +2482.5% | -65.3% |
| 2015 | -81.1% | +162.5% | +2.6% |
| 2014 | -17.7% | -27.0% | +41.1% |
| 2013 | +72.5% | -61.7% | +93.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Klamath County Library Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Klamath County Library Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2017)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Frequently Asked Questions about Klamath County Library Foundation
Is Klamath County Library Foundation a legitimate charity?
Klamath County Library Foundation (EIN: 260012678) is a registered tax-exempt nonprofit based in Oregon. It has 6 years of IRS 990 filings on record. Total revenue: $57K. No red flags identified. Financial health grade: B.
How does Klamath County Library Foundation spend its money?
Klamath County Library Foundation reported $57K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Klamath County Library Foundation tax-deductible?
Klamath County Library Foundation is registered as a tax-exempt nonprofit (EIN: 260012678). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Klamath County Library Foundation located?
Klamath County Library Foundation is headquartered in Klamath Falls, Oregon and files with the IRS under EIN 260012678. It is classified under NTEE code B11.
How many years of IRS 990 filings does Klamath County Library Foundation have?
Klamath County Library Foundation has 6 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 $57K in total revenue.
Filing History
IRS 990 filing history for Klamath County Library Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2017), Klamath County Library Foundation's revenue has declined by 52.8%, moving from $90K to $43K. Total assets decreased by 8.1% over the same period, from $164K to $151K. Total functional expenses rose by 195.6%, from $17K to $51K. In its most recent filing year (2017), Klamath County Library Foundation reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2017 | $43K | $51K | $151K | $0 | — | — |
| 2016 | $30K | $327K | $159K | $0 | — | View 990 |
| 2015 | $24K | $13K | $459K | $0 | — | View 990 |
| 2014 | $128K | $5K | $448K | $0 | — | View 990 |
| 2013 | $155K | $7K | $317K | $0 | — | View 990 |
| 2012 | $90K | $17K | $164K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2017: Revenue of $43K, expenses of $51K, and assets of $151K (revenue +40.5% year-over-year).
- 2016: Revenue of $30K, expenses of $327K, and assets of $159K (revenue +25.1% year-over-year).
- 2015: Revenue of $24K, expenses of $13K, and assets of $459K (revenue -81.1% year-over-year).
- 2014: Revenue of $128K, expenses of $5K, and assets of $448K (revenue -17.7% year-over-year).
- 2013: Revenue of $155K, expenses of $7K, and assets of $317K (revenue +72.5% year-over-year).
- 2012: Revenue of $90K, expenses of $17K, and assets of $164K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Klamath County Library Foundation:
Data Sources and Methodology
This transparency report for Klamath County Library Foundation 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.