Lunenburg County Public Library System Incorporated
EIN: 471563469 · Kenbridge, VA · NTEE: B70
| Metric | Value |
|---|---|
| Total Revenue | $363K |
| Total Expenses | $257K |
| Net Assets | $203K |
Is Lunenburg County Public Library System Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lunenburg County Public Library System Incorporated
Lunenburg County Public Library System Incorporated (EIN: 471563469) is a nonprofit organization based in Kenbridge, VA, classified under NTEE code B70. The organization reported total revenue of $363K and total assets of $325K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lunenburg County Public Library System Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lunenburg County Public Library System Incorporated is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2016–2024). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $267K |
| Total Expenses | $257K |
| Surplus / Deficit | +$10K |
| Total Assets | $215K |
| Total Liabilities | $12K |
| Net Assets | $203K |
| Operating Margin | 3.9% |
| Debt-to-Asset Ratio | 5.5% |
| Months of Reserves | 10.0 months |
Financial Health Grade: A
In 2024, Lunenburg County Public Library System Incorporated reported a surplus of $10K with revenue exceeding expenses, holds 10.0 months of operating reserves (strong position), has a debt-to-asset ratio of 5.5% (very low leverage).
Financial Trends
Over 9 years of filings (2016–2024), Lunenburg County Public Library System Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.9% | -10.4% | +4.2% |
| 2023 | +12.6% | +0.1% | -13.2% |
| 2022 | -5.6% | +22.3% | -19.6% |
| 2021 | +2.4% | -6.3% | +0.7% |
| 2020 | -0.3% | +25.0% | -4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lunenburg County Public Library System Incorporated 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 Lunenburg County Public Library System Incorporated 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $10K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.5%.
Frequently Asked Questions about Lunenburg County Public Library System Incorporated
Is Lunenburg County Public Library System Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Lunenburg County Public Library System Incorporated (EIN: 471563469) insufficient data. 0 red flags identified, 0 strengths noted.
How does Lunenburg County Public Library System Incorporated spend its money?
Detailed spending breakdown data is not yet available for Lunenburg County Public Library System Incorporated. Check back for updated IRS 990 analysis.
Are donations to Lunenburg County Public Library System Incorporated tax-deductible?
Lunenburg County Public Library System Incorporated is registered as a tax-exempt nonprofit (EIN: 471563469). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lunenburg County Public Library System Incorporated located?
Lunenburg County Public Library System Incorporated is headquartered in Kenbridge, Virginia and files with the IRS under EIN 471563469. It is classified under NTEE code B70.
How many years of IRS 990 filings does Lunenburg County Public Library System Incorporated have?
Lunenburg County Public Library System Incorporated has 9 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 $363K in total revenue.
Filing History
IRS 990 filing history for Lunenburg County Public Library System Incorporated showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2016–2024), Lunenburg County Public Library System Incorporated's revenue has grown by 8.5%, moving from $246K to $267K. Total assets increased by 346.3% over the same period, from $48K to $215K. Total functional expenses rose by 27.4%, from $202K to $257K. In its most recent filing year (2024), Lunenburg County Public Library System Incorporated reported a surplus of $10K, with revenue exceeding expenses. The organization holds $12K in liabilities against $215K in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $203K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $267K | $257K | $215K | $12K | — | — |
| 2023 | $255K | $287K | $206K | $14K | — | — |
| 2022 | $226K | $286K | $238K | $13K | — | View 990 |
| 2021 | $240K | $234K | $295K | $11K | — | — |
| 2020 | $234K | $250K | $293K | $14K | — | View 990 |
| 2019 | $235K | $200K | $308K | $12K | — | View 990 |
| 2018 | $244K | $252K | $261K | $0 | — | — |
| 2017 | $448K | $223K | $269K | $0 | — | View 990 |
| 2016 | $246K | $202K | $48K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $267K, expenses of $257K, and assets of $215K (revenue +4.9% year-over-year).
- 2023: Revenue of $255K, expenses of $287K, and assets of $206K (revenue +12.6% year-over-year).
- 2022: Revenue of $226K, expenses of $286K, and assets of $238K (revenue -5.6% year-over-year).
- 2021: Revenue of $240K, expenses of $234K, and assets of $295K (revenue +2.4% year-over-year).
- 2020: Revenue of $234K, expenses of $250K, and assets of $293K (revenue -0.3% year-over-year).
- 2019: Revenue of $235K, expenses of $200K, and assets of $308K (revenue -3.8% year-over-year).
- 2018: Revenue of $244K, expenses of $252K, and assets of $261K (revenue -45.5% year-over-year).
- 2017: Revenue of $448K, expenses of $223K, and assets of $269K (revenue +81.8% year-over-year).
- 2016: Revenue of $246K, expenses of $202K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lunenburg County Public Library System Incorporated:
Data Sources and Methodology
This transparency report for Lunenburg County Public Library System Incorporated 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.