Lower Macungie Library Inc
EIN: 233058113 · Macungie, PA · NTEE: B70
Is Lower Macungie Library Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lower Macungie Library Inc
Lower Macungie Library Inc (EIN: 233058113) is a nonprofit organization based in Macungie, PA, classified under NTEE code B70. The organization reported total revenue of $833K and total assets of $697K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lower Macungie Library Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lower Macungie Library Inc is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $815K |
| Total Expenses | $793K |
| Surplus / Deficit | +$22K |
| Total Assets | $781K |
| Total Liabilities | $213K |
| Net Assets | $568K |
| Operating Margin | 2.7% |
| Debt-to-Asset Ratio | 27.2% |
| Months of Reserves | 11.8 months |
Financial Health Grade: A
In 2023, Lower Macungie Library Inc reported a surplus of $22K with revenue exceeding expenses, holds 11.8 months of operating reserves (strong position), has a debt-to-asset ratio of 27.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Lower Macungie Library Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.9% | +6.9% | -3.9% |
| 2022 | -9.9% | +2.8% | +0.9% |
| 2021 | +5.7% | -0.6% | +10.2% |
| 2020 | +16.7% | -4.8% | +16.7% |
| 2019 | -2.8% | +6.6% | +35.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lower Macungie Library Inc 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 Lower Macungie Library Inc 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 surplus of $22K, with revenue exceeding expenses.
- Debt-to-asset ratio: 27.2%.
Frequently Asked Questions about Lower Macungie Library Inc
Is Lower Macungie Library Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lower Macungie Library Inc (EIN: 233058113) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lower Macungie Library Inc spend its money?
Detailed spending breakdown data is not yet available for Lower Macungie Library Inc. Check back for updated IRS 990 analysis.
Are donations to Lower Macungie Library Inc tax-deductible?
Lower Macungie Library Inc is registered as a tax-exempt nonprofit (EIN: 233058113). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Lower Macungie Library Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lower Macungie Library Inc's revenue has grown by 39.4%, moving from $585K to $815K. Total assets increased by 55.5% over the same period, from $502K to $781K. Total functional expenses rose by 31.4%, from $603K to $793K. In its most recent filing year (2023), Lower Macungie Library Inc reported a surplus of $22K, with revenue exceeding expenses. The organization holds $213K in liabilities against $781K in assets (debt-to-asset ratio: 27.2%), resulting in net assets of $568K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $815K | $793K | $781K | $213K | — | View 990 |
| 2022 | $777K | $742K | $812K | $266K | — | — |
| 2021 | $863K | $721K | $805K | $294K | — | View 990 |
| 2020 | $816K | $726K | $731K | $361K | — | — |
| 2019 | $699K | $763K | $626K | $347K | — | View 990 |
| 2018 | $720K | $715K | $464K | $122K | — | View 990 |
| 2017 | $708K | $724K | $360K | $23K | — | View 990 |
| 2016 | $682K | $648K | $611K | $26K | — | View 990 |
| 2015 | $646K | $628K | $569K | $18K | — | View 990 |
| 2014 | $622K | $613K | $544K | $11K | — | View 990 |
| 2013 | $607K | $590K | $534K | $10K | — | View 990 |
| 2012 | $586K | $566K | $521K | $13K | — | View 990 |
| 2011 | $585K | $603K | $502K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $815K, expenses of $793K, and assets of $781K (revenue +4.9% year-over-year).
- 2022: Revenue of $777K, expenses of $742K, and assets of $812K (revenue -9.9% year-over-year).
- 2021: Revenue of $863K, expenses of $721K, and assets of $805K (revenue +5.7% year-over-year).
- 2020: Revenue of $816K, expenses of $726K, and assets of $731K (revenue +16.7% year-over-year).
- 2019: Revenue of $699K, expenses of $763K, and assets of $626K (revenue -2.8% year-over-year).
- 2018: Revenue of $720K, expenses of $715K, and assets of $464K (revenue +1.6% year-over-year).
- 2017: Revenue of $708K, expenses of $724K, and assets of $360K (revenue +3.9% year-over-year).
- 2016: Revenue of $682K, expenses of $648K, and assets of $611K (revenue +5.6% year-over-year).
- 2015: Revenue of $646K, expenses of $628K, and assets of $569K (revenue +3.9% year-over-year).
- 2014: Revenue of $622K, expenses of $613K, and assets of $544K (revenue +2.5% year-over-year).
- 2013: Revenue of $607K, expenses of $590K, and assets of $534K (revenue +3.6% year-over-year).
- 2012: Revenue of $586K, expenses of $566K, and assets of $521K (revenue +0.2% year-over-year).
- 2011: Revenue of $585K, expenses of $603K, and assets of $502K.
Data Sources and Methodology
This transparency report for Lower Macungie Library 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.