Maquoketa Library Corporation
EIN: 421415408 · Maquoketa, IA · NTEE: B70I
Is Maquoketa Library Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Maquoketa Library Corporation
Maquoketa Library Corporation (EIN: 421415408) is a nonprofit organization based in Maquoketa, IA, classified under NTEE code B70I. The organization reported total revenue of $596K and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maquoketa Library Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Maquoketa Library Corporation 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 Maquoketa Library Corporation 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.
Frequently Asked Questions about Maquoketa Library Corporation
Is Maquoketa Library Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Maquoketa Library Corporation (EIN: 421415408) insufficient data. 0 red flags identified, 0 strengths noted.
How does Maquoketa Library Corporation spend its money?
Detailed spending breakdown data is not yet available for Maquoketa Library Corporation. Check back for updated IRS 990 analysis.
Are donations to Maquoketa Library Corporation tax-deductible?
Maquoketa Library Corporation is registered as a tax-exempt nonprofit (EIN: 421415408). 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 Maquoketa Library Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Maquoketa Library Corporation's revenue has declined by 33.9%, moving from $261K to $172K. Total assets decreased by 2.5% over the same period, from $2.1M to $2.0M. Total functional expenses rose by 39.7%, from $106K to $149K. In its most recent filing year (2023), Maquoketa Library Corporation reported a surplus of $24K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $172K | $149K | $2.0M | $0 | — | View 990 |
| 2022 | $-199,263 | $343K | $2.0M | $0 | — | View 990 |
| 2021 | $450K | $156K | $2.6M | $0 | — | — |
| 2020 | $95K | $157K | $2.3M | $0 | — | View 990 |
| 2019 | $315K | $157K | $2.3M | $0 | — | View 990 |
| 2018 | $108K | $168K | $2.2M | $0 | — | View 990 |
| 2017 | $155K | $293K | $2.2M | $0 | — | View 990 |
| 2016 | $248K | $170K | $2.4M | $0 | — | View 990 |
| 2015 | $19K | $108K | $2.3M | $0 | — | View 990 |
| 2014 | $255K | $108K | $2.4M | $0 | — | View 990 |
| 2013 | $218K | $98K | $2.2M | $0 | — | View 990 |
| 2012 | $103K | $84K | $2.1M | $0 | — | View 990 |
| 2011 | $261K | $106K | $2.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $172K, expenses of $149K, and assets of $2.0M.
- 2022: Revenue of $-199,263, expenses of $343K, and assets of $2.0M (revenue -144.3% year-over-year).
- 2021: Revenue of $450K, expenses of $156K, and assets of $2.6M (revenue +375.2% year-over-year).
- 2020: Revenue of $95K, expenses of $157K, and assets of $2.3M (revenue -70.0% year-over-year).
- 2019: Revenue of $315K, expenses of $157K, and assets of $2.3M (revenue +192.3% year-over-year).
- 2018: Revenue of $108K, expenses of $168K, and assets of $2.2M (revenue -30.6% year-over-year).
- 2017: Revenue of $155K, expenses of $293K, and assets of $2.2M (revenue -37.4% year-over-year).
- 2016: Revenue of $248K, expenses of $170K, and assets of $2.4M (revenue +1209.6% year-over-year).
- 2015: Revenue of $19K, expenses of $108K, and assets of $2.3M (revenue -92.6% year-over-year).
- 2014: Revenue of $255K, expenses of $108K, and assets of $2.4M (revenue +17.0% year-over-year).
- 2013: Revenue of $218K, expenses of $98K, and assets of $2.2M (revenue +110.8% year-over-year).
- 2012: Revenue of $103K, expenses of $84K, and assets of $2.1M (revenue -60.4% year-over-year).
- 2011: Revenue of $261K, expenses of $106K, and assets of $2.1M.
Data Sources and Methodology
This transparency report for Maquoketa Library Corporation 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.