Mid York Library System

Is Mid York Library System Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Mid York Library System directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Mid York Library System

Mid York Library System (EIN: 150617996) is a nonprofit organization based in Utica, NY. The organization reported total revenue of $2.9M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mid York Library System's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mid York Library System with a Mission Score of 88 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: 85%
• fundraising: 5%

According to IRS 990 filings, Mid York Library System allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of its size with revenues consistently over $2 million.

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.

Red Flags

The following concerns were identified during AI analysis of Mid York Library System's IRS 990 filings:

• No reported officer compensation, which is unusual for an organization of this size and could indicate compensation is reported differently or through other entities, or that leadership is entirely volunteer-based.

Strengths

The following positive indicators were identified for Mid York Library System:

• Consistent asset growth, increasing from $3.1M in 2014 to $5.6M in 2023.
• Revenues consistently exceed expenses in most years, indicating financial stability.
• No reported officer compensation, suggesting resources are directed away from executive salaries.
• Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.

Frequently Asked Questions about Mid York Library System

Filing History

IRS 990 filing history for Mid York Library System showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Mid York Library System's revenue has grown by 4.1%, moving from $2.2M to $2.3M. Total assets increased by 95.7% over the same period, from $2.9M to $5.6M. Total functional expenses fell by 9.7%, from $2.1M to $1.9M. In its most recent filing year (2023), Mid York Library System reported a surplus of $449K, with revenue exceeding expenses. The organization holds $404K in liabilities against $5.6M in assets (debt-to-asset ratio: 7.2%), resulting in net assets of $5.2M.

Year-by-Year Financial Summary

• 2023: Revenue of $2.3M, expenses of $1.9M, and assets of $5.6M (revenue +4.9% year-over-year).
• 2022: Revenue of $2.2M, expenses of $1.9M, and assets of $5.2M (revenue -24.4% year-over-year).
• 2021: Revenue of $2.9M, expenses of $1.9M, and assets of $4.9M (revenue +67.6% year-over-year).
• 2020: Revenue of $1.7M, expenses of $1.9M, and assets of $4.0M (revenue -28.2% year-over-year).
• 2019: Revenue of $2.4M, expenses of $2.2M, and assets of $4.1M (revenue -5.4% year-over-year).
• 2018: Revenue of $2.6M, expenses of $2.2M, and assets of $3.9M (revenue +11.9% year-over-year).
• 2017: Revenue of $2.3M, expenses of $2.2M, and assets of $3.5M (revenue -0.2% year-over-year).
• 2016: Revenue of $2.3M, expenses of $2.2M, and assets of $3.4M (revenue +3.1% year-over-year).
• 2015: Revenue of $2.2M, expenses of $2.0M, and assets of $3.3M (revenue +1.6% year-over-year).
• 2014: Revenue of $2.2M, expenses of $2.1M, and assets of $3.1M (revenue +5.1% year-over-year).
• 2013: Revenue of $2.1M, expenses of $2.1M, and assets of $3.0M (revenue -1.3% year-over-year).
• 2012: Revenue of $2.1M, expenses of $2.3M, and assets of $2.7M (revenue -5.0% year-over-year).
• 2011: Revenue of $2.2M, expenses of $2.1M, and assets of $2.9M.

Data Sources and Methodology

This transparency report for Mid York Library System 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.