Manasquan Public Library
Manasquan Public Library maintains stable finances and asset growth with no reported officer compensation.
EIN: 210688779 · Manasquan, NJ · NTEE: B71Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $163K |
| Total Expenses | $134K |
| Program Spending | 90% |
| Net Assets | $330K |
| Transparency Score | 92/100 |
Is Manasquan Public Library Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Manasquan Public Library directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Manasquan Public Library
Manasquan Public Library (EIN: 210688779) is a nonprofit organization based in Manasquan, NJ, classified under NTEE code B71Z. The organization reported total revenue of $163K and total assets of $341K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manasquan Public Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Manasquan Public Library is a small nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $156K |
| Total Expenses | $134K |
| Surplus / Deficit | +$22K |
| Total Assets | $330K |
| Net Assets | $330K |
| Operating Margin | 14.2% |
| Months of Reserves | 29.5 months |
Financial Health Grade: A
In 2023, Manasquan Public Library reported a surplus of $22K with revenue exceeding expenses, holds 29.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Manasquan Public Library's revenue has declined at a compound annual growth rate (CAGR) of -0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | +3.8% | +10.5% |
| 2022 | +4.9% | -4.0% | +7.1% |
| 2021 | -1.5% | +6.6% | +2.8% |
| 2020 | -0.5% | -10.1% | +6.4% |
| 2019 | -4.5% | +5.7% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Manasquan Public Library with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Manasquan Public Library allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that leadership roles are likely volunteer-based or compensated through other means, allowing nearly all funds to be directed towards the library's operations and programs.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Manasquan Public Library:
- Consistent asset growth, from $212,727 in 2014 to $329,864 in 2023.
- 0% reported officer compensation across all filings, indicating high efficiency.
- Revenue consistently exceeds expenses, demonstrating sustainable financial management.
- Minimal to no reported liabilities in recent years, indicating strong financial stability.
- Consistent IRS 990 filing history over 13 periods, showing good transparency.
Frequently Asked Questions about Manasquan Public Library
Is Manasquan Public Library a legitimate charity?
Manasquan Public Library (EIN: 210688779) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $163K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Manasquan Public Library spend its money?
Manasquan Public Library directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Manasquan Public Library tax-deductible?
Manasquan Public Library is registered as a tax-exempt nonprofit (EIN: 210688779). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Manasquan Public Library compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Manasquan Public Library is above average for NTEE category B71Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Manasquan Public Library located?
Manasquan Public Library is headquartered in Manasquan, New Jersey and files with the IRS under EIN 210688779. It is classified under NTEE code B71Z.
How many years of IRS 990 filings does Manasquan Public Library have?
Manasquan Public Library 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 $163K in total revenue.
Is Manasquan Public Library a good charity?
Based on the provided IRS 990 data, the Manasquan Public Library appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to directing funds to its mission, as evidenced by 0% reported officer compensation and minimal liabilities.
How has the library's financial health changed over the past decade?
Over the past decade (2014-2023), the library's financial health has steadily improved. Assets have grown from $212,727 to $329,864, and revenue has consistently exceeded expenses, indicating sustainable operations and prudent financial management.
What is the Manasquan Public Library's approach to executive compensation?
The Manasquan Public Library reports 0% officer compensation in all available filings, suggesting that its executive leadership is either entirely volunteer-based or compensated through a separate, non-990 reportable mechanism, which is highly efficient for a nonprofit of its size.
Filing History
IRS 990 filing history for Manasquan Public Library showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Manasquan Public Library's revenue has declined by 5.2%, moving from $165K to $156K. Total assets increased by 50.6% over the same period, from $219K to $330K. Total functional expenses fell by 16.8%, from $161K to $134K. In its most recent filing year (2023), Manasquan Public Library reported a surplus of $22K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $156K | $134K | $330K | $0 | — | View 990 |
| 2022 | $148K | $129K | $299K | $0 | — | View 990 |
| 2021 | $141K | $134K | $279K | $0 | — | View 990 |
| 2020 | $143K | $126K | $271K | $0 | — | — |
| 2019 | $144K | $140K | $255K | $0 | — | View 990 |
| 2018 | $151K | $133K | $249K | $0 | — | View 990 |
| 2017 | $140K | $129K | $231K | $1K | — | View 990 |
| 2016 | $134K | $130K | $221K | $1K | — | View 990 |
| 2015 | $137K | $130K | $220K | $0 | — | View 990 |
| 2014 | $137K | $129K | $213K | $0 | — | View 990 |
| 2013 | $134K | $142K | $204K | $0 | — | View 990 |
| 2012 | $164K | $168K | $213K | $6K | — | View 990 |
| 2011 | $165K | $161K | $219K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $156K, expenses of $134K, and assets of $330K (revenue +5.4% year-over-year).
- 2022: Revenue of $148K, expenses of $129K, and assets of $299K (revenue +4.9% year-over-year).
- 2021: Revenue of $141K, expenses of $134K, and assets of $279K (revenue -1.5% year-over-year).
- 2020: Revenue of $143K, expenses of $126K, and assets of $271K (revenue -0.5% year-over-year).
- 2019: Revenue of $144K, expenses of $140K, and assets of $255K (revenue -4.5% year-over-year).
- 2018: Revenue of $151K, expenses of $133K, and assets of $249K (revenue +7.7% year-over-year).
- 2017: Revenue of $140K, expenses of $129K, and assets of $231K (revenue +4.7% year-over-year).
- 2016: Revenue of $134K, expenses of $130K, and assets of $221K (revenue -2.3% year-over-year).
- 2015: Revenue of $137K, expenses of $130K, and assets of $220K (revenue -0.1% year-over-year).
- 2014: Revenue of $137K, expenses of $129K, and assets of $213K (revenue +2.1% year-over-year).
- 2013: Revenue of $134K, expenses of $142K, and assets of $204K (revenue -18.3% year-over-year).
- 2012: Revenue of $164K, expenses of $168K, and assets of $213K (revenue -0.1% year-over-year).
- 2011: Revenue of $165K, expenses of $161K, and assets of $219K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Manasquan Public Library:
Data Sources and Methodology
This transparency report for Manasquan Public Library 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.