Mildres Stevens Williams Memorial Libary
Mildres Stevens Williams Memorial Library reported a significant deficit in its last available filing, with expenses tripling revenue.
EIN: 10541964 · Appleton, ME · NTEE: B70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $63K |
| Program Spending | 80% |
| Net Assets | $457K |
| Transparency Score | 45/100 |
Is Mildres Stevens Williams Memorial Libary Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Mildres Stevens Williams Memorial Libary directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Mildres Stevens Williams Memorial Libary
Mildres Stevens Williams Memorial Libary (EIN: 10541964) is a nonprofit organization based in Appleton, ME, classified under NTEE code B70. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mildres Stevens Williams Memorial Libary's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mildres Stevens Williams Memorial Libary is a micro nonprofit that has been operating for 24 years.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
| Total Revenue | $22K |
| Total Expenses | $63K |
| Surplus / Deficit | $-40,869 |
| Total Assets | $457K |
| Net Assets | $457K |
| Operating Margin | -185.0% |
| Months of Reserves | 87.1 months |
Financial Health Grade: B
In 2011, Mildres Stevens Williams Memorial Libary reported a deficit of $41K with expenses exceeding revenue, holds 87.1 months of operating reserves (strong position).
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2002 |
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 Mildres Stevens Williams Memorial Libary with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Mildres Stevens Williams Memorial Libary allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2011)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $41K, with expenses exceeding revenue.
Executive Compensation Analysis
Officer compensation was reported as 0% in the 2011 filing, indicating that no salaries were paid to officers, which is typical for very small or volunteer-run organizations.
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 Mildres Stevens Williams Memorial Libary's IRS 990 filings:
- Significant deficit in 2011 (expenses $62,962 vs. revenue $22,093)
- Latest reported revenue and assets are $0, indicating potential dormancy or data issues
- Only one filing available, making trend analysis impossible
Strengths
The following positive indicators were identified for Mildres Stevens Williams Memorial Libary:
- No liabilities reported in 2011
- No officer compensation reported in 2011, suggesting efficient use of funds for personnel
Frequently Asked Questions about Mildres Stevens Williams Memorial Libary
Is Mildres Stevens Williams Memorial Libary a legitimate charity?
Based on AI analysis of IRS 990 filings, Mildres Stevens Williams Memorial Libary (EIN: 10541964) significant concerns. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
How does Mildres Stevens Williams Memorial Libary spend its money?
Mildres Stevens Williams Memorial Libary directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Mildres Stevens Williams Memorial Libary tax-deductible?
Mildres Stevens Williams Memorial Libary is registered as a tax-exempt nonprofit (EIN: 10541964). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Mildres Stevens Williams Memorial Libary's spending goes to programs?
Mildres Stevens Williams Memorial Libary directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Mildres Stevens Williams Memorial Libary compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Mildres Stevens Williams Memorial Libary is near average for NTEE category B70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Mildres Stevens Williams Memorial Libary located?
Mildres Stevens Williams Memorial Libary is headquartered in Appleton, Maine and files with the IRS under EIN 10541964. It is classified under NTEE code B70.
What is the current financial status of Mildres Stevens Williams Memorial Library given the $0 revenue and assets reported for the latest period?
The latest available data shows $0 revenue and assets, which suggests either a significant change in operations, a reporting error, or dormancy. Without more recent filings, it's impossible to determine the current financial health.
How does the organization cover its expenses if revenue is consistently lower, as seen in the 2011 filing?
In 2011, the organization's expenses ($62,962) significantly exceeded its revenue ($22,093). This deficit would have been covered by drawing down assets or through prior period surpluses. Sustained deficits are not financially viable.
Filing History
IRS 990 filing history for Mildres Stevens Williams Memorial Libary showing financial trends over 1 year of public records:
In its most recent filing year (2011), Mildres Stevens Williams Memorial Libary reported a deficit of $41K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2011 | $22K | $63K | $457K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mildres Stevens Williams Memorial Libary:
Data Sources and Methodology
This transparency report for Mildres Stevens Williams Memorial Libary 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.