Library And Community Foundation Of Richardson County
EIN: 470842392 · Falls City, NE · NTEE: T31
About Library And Community Foundation Of Richardson County
Library And Community Foundation Of Richardson County (EIN: 470842392) is a nonprofit organization based in Falls City, NE, classified under NTEE code T31. The organization reported total revenue of $83K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Library And Community Foundation Of Richardson County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Library And Community Foundation Of Richardson County 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 Library And Community Foundation Of Richardson County 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.
Filing History
IRS 990 filing history for Library And Community Foundation Of Richardson County showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Library And Community Foundation Of Richardson County's revenue has declined by 65.7%, moving from $202K to $69K. Total assets increased by 47% over the same period, from $812K to $1.2M. Total functional expenses rose by 116.8%, from $35K to $76K. In its most recent filing year (2023), Library And Community Foundation Of Richardson County reported a deficit of $6K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $69K | $76K | $1.2M | $0 | — | — |
| 2022 | $41K | $47K | $1.2M | $0 | — | View 990 |
| 2021 | $79K | $57K | $1.2M | $0 | — | — |
| 2020 | $28K | $36K | $1.2M | $0 | — | — |
| 2019 | $44K | $48K | $1.2M | $0 | — | View 990 |
| 2018 | $66K | $58K | $1.2M | $0 | — | View 990 |
| 2017 | $35K | $44K | $1.1M | $0 | — | View 990 |
| 2016 | $135K | $61K | $1.1M | $0 | — | View 990 |
| 2015 | $56K | $38K | $1.1M | $0 | — | View 990 |
| 2014 | $224K | $28K | $1.0M | $0 | — | View 990 |
| 2013 | $11K | $22K | $843K | $0 | — | View 990 |
| 2012 | $79K | $37K | $854K | $0 | — | View 990 |
| 2011 | $202K | $35K | $812K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $69K, expenses of $76K, and assets of $1.2M (revenue +70.8% year-over-year).
- 2022: Revenue of $41K, expenses of $47K, and assets of $1.2M (revenue -48.6% year-over-year).
- 2021: Revenue of $79K, expenses of $57K, and assets of $1.2M (revenue +179.6% year-over-year).
- 2020: Revenue of $28K, expenses of $36K, and assets of $1.2M (revenue -35.2% year-over-year).
- 2019: Revenue of $44K, expenses of $48K, and assets of $1.2M (revenue -34.0% year-over-year).
- 2018: Revenue of $66K, expenses of $58K, and assets of $1.2M (revenue +87.6% year-over-year).
- 2017: Revenue of $35K, expenses of $44K, and assets of $1.1M (revenue -73.9% year-over-year).
- 2016: Revenue of $135K, expenses of $61K, and assets of $1.1M (revenue +143.6% year-over-year).
- 2015: Revenue of $56K, expenses of $38K, and assets of $1.1M (revenue -75.2% year-over-year).
- 2014: Revenue of $224K, expenses of $28K, and assets of $1.0M (revenue +1909.7% year-over-year).
- 2013: Revenue of $11K, expenses of $22K, and assets of $843K (revenue -85.8% year-over-year).
- 2012: Revenue of $79K, expenses of $37K, and assets of $854K (revenue -61.1% year-over-year).
- 2011: Revenue of $202K, expenses of $35K, and assets of $812K.
Data Sources and Methodology
This transparency report for Library And Community Foundation Of Richardson County 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.