Laurel District Library Comm Ua
EIN: 510067533 · Wilmington, DE · NTEE: B115
| Metric | Value |
|---|---|
| Total Revenue | $833K |
| Total Expenses | $151K |
| Net Assets | $2.2M |
Is Laurel District Library Comm Ua Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Laurel District Library Comm Ua
Laurel District Library Comm Ua (EIN: 510067533) is a nonprofit organization based in Wilmington, DE, classified under NTEE code B115. The organization reported total revenue of $833K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Laurel District Library Comm Ua's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Laurel District Library Comm Ua is a small nonprofit that has been operating for 63 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $108K |
| Total Expenses | $151K |
| Surplus / Deficit | $-42,875 |
| Total Assets | $2.2M |
| Net Assets | $2.2M |
| Operating Margin | -39.7% |
| Months of Reserves | 177.4 months |
Financial Health Grade: B
In 2023, Laurel District Library Comm Ua reported a deficit of $43K with expenses exceeding revenue, holds 177.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Laurel District Library Comm Ua's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.1% | -3.5% | -1.9% |
| 2022 | -52.4% | +15.9% | +0.2% |
| 2021 | +1062.9% | +3.5% | +8.7% |
| 2020 | -85.5% | +9.5% | -4.4% |
| 2019 | -0.9% | +2.9% | +3.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1963 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Laurel District Library Comm Ua 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 Laurel District Library Comm Ua 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $43K, with expenses exceeding revenue.
Frequently Asked Questions about Laurel District Library Comm Ua
Is Laurel District Library Comm Ua a legitimate charity?
Based on AI analysis of IRS 990 filings, Laurel District Library Comm Ua (EIN: 510067533) insufficient data. 0 red flags identified, 0 strengths noted.
How does Laurel District Library Comm Ua spend its money?
Detailed spending breakdown data is not yet available for Laurel District Library Comm Ua. Check back for updated IRS 990 analysis.
Are donations to Laurel District Library Comm Ua tax-deductible?
Laurel District Library Comm Ua is registered as a tax-exempt nonprofit (EIN: 510067533). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Laurel District Library Comm Ua located?
Laurel District Library Comm Ua is headquartered in Wilmington, Delaware and files with the IRS under EIN 510067533. It is classified under NTEE code B115.
How many years of IRS 990 filings does Laurel District Library Comm Ua have?
Laurel District Library Comm Ua has 13 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 $833K in total revenue.
Filing History
IRS 990 filing history for Laurel District Library Comm Ua showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Laurel District Library Comm Ua's revenue has grown by 27.5%, moving from $85K to $108K. Total assets increased by 18.2% over the same period, from $1.9M to $2.2M. Total functional expenses rose by 24.9%, from $121K to $151K. In its most recent filing year (2023), Laurel District Library Comm Ua reported a deficit of $43K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $108K | $151K | $2.2M | $0 | — | View 990 |
| 2022 | $155K | $156K | $2.3M | $0 | — | View 990 |
| 2021 | $325K | $135K | $2.3M | $0 | — | View 990 |
| 2020 | $28K | $130K | $2.1M | $0 | — | View 990 |
| 2019 | $192K | $119K | $2.2M | $0 | — | View 990 |
| 2018 | $194K | $116K | $2.1M | $0 | — | View 990 |
| 2017 | $178K | $111K | $2.0M | $0 | — | View 990 |
| 2016 | $96K | $109K | $2.0M | $0 | — | View 990 |
| 2015 | $177K | $114K | $2.0M | $0 | — | View 990 |
| 2014 | $102K | $112K | $1.9M | $0 | — | View 990 |
| 2013 | $153K | $107K | $1.9M | $0 | — | View 990 |
| 2012 | $106K | $112K | $1.9M | $0 | — | View 990 |
| 2011 | $85K | $121K | $1.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $108K, expenses of $151K, and assets of $2.2M (revenue -30.1% year-over-year).
- 2022: Revenue of $155K, expenses of $156K, and assets of $2.3M (revenue -52.4% year-over-year).
- 2021: Revenue of $325K, expenses of $135K, and assets of $2.3M (revenue +1062.9% year-over-year).
- 2020: Revenue of $28K, expenses of $130K, and assets of $2.1M (revenue -85.5% year-over-year).
- 2019: Revenue of $192K, expenses of $119K, and assets of $2.2M (revenue -0.9% year-over-year).
- 2018: Revenue of $194K, expenses of $116K, and assets of $2.1M (revenue +8.8% year-over-year).
- 2017: Revenue of $178K, expenses of $111K, and assets of $2.0M (revenue +86.2% year-over-year).
- 2016: Revenue of $96K, expenses of $109K, and assets of $2.0M (revenue -46.0% year-over-year).
- 2015: Revenue of $177K, expenses of $114K, and assets of $2.0M (revenue +74.0% year-over-year).
- 2014: Revenue of $102K, expenses of $112K, and assets of $1.9M (revenue -33.5% year-over-year).
- 2013: Revenue of $153K, expenses of $107K, and assets of $1.9M (revenue +44.9% year-over-year).
- 2012: Revenue of $106K, expenses of $112K, and assets of $1.9M (revenue +24.6% year-over-year).
- 2011: Revenue of $85K, expenses of $121K, and assets of $1.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Laurel District Library Comm Ua:
Data Sources and Methodology
This transparency report for Laurel District Library Comm Ua 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.