Nassau Library System
Nassau Library System maintains stable finances with consistent revenue and asset growth, reporting no officer compensation.
EIN: 111903822 · Uniondale, NY · NTEE: B70B · Updated: 2026-03-28
Is Nassau Library System Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nassau Library System directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nassau Library System
Nassau Library System (EIN: 111903822) is a nonprofit organization based in Uniondale, NY, classified under NTEE code B70B. The organization reported total revenue of $12.3M and total assets of $16.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nassau 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 Nassau Library System with a Mission Score of 85 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: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Nassau Library System allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 14 available IRS 990 filings, which is highly unusual for an organization of its size with revenues exceeding $10 million annually. This suggests either a fully volunteer executive leadership or that compensation is categorized differently, requiring further scrutiny for a complete understanding of executive pay practices.
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 Nassau Library System's IRS 990 filings:
- Consistent 0% officer compensation reported on 990s for a large organization, requiring further clarification.
Strengths
The following positive indicators were identified for Nassau Library System:
- Consistent revenue generation and stable financial operations over a decade.
- Healthy growth in assets, from $5,020,170 in 2014 to $14,796,440 in 2023.
- Expenses generally managed within revenue, indicating fiscal responsibility.
- Long and consistent IRS 990 filing history (14 filings), demonstrating transparency in reporting.
Frequently Asked Questions about Nassau Library System
Is Nassau Library System a legitimate charity?
Based on AI analysis of IRS 990 filings, Nassau Library System (EIN: 111903822) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Nassau Library System spend its money?
Nassau Library System directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Nassau Library System tax-deductible?
Nassau Library System is registered as a tax-exempt nonprofit (EIN: 111903822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does the Nassau Library System manage to report 0% officer compensation given its size and revenue?
The consistent reporting of 0% officer compensation on all 990 filings is highly unusual for an organization with over $10 million in annual revenue. This could indicate that executive leadership is entirely volunteer, or that compensation for key management personnel is categorized under other expense lines (e.g., 'salaries and wages' for non-officer employees) rather than specifically as 'officer compensation' on the 990. Further investigation into their detailed financial statements would be needed to clarify this.
What is the primary source of the Nassau Library System's revenue?
While the provided data shows 'Revenue' figures, it does not detail the specific sources (e.g., government grants, donations, program service fees). Given its nature as a library system, a significant portion is likely derived from public funding or government grants, but this would need to be confirmed by reviewing the full 990 forms.
How has the organization's net assets changed over time?
The organization's net assets (Assets minus Liabilities) have shown significant growth. For example, in 2014, net assets were approximately $3,402,554 ($5,020,170 - $1,617,616). By 2023, net assets had grown to approximately $1,641,335 ($14,796,440 - $13,155,105). While there was a dip in net assets in 2023 compared to 2022 ($1,557,473 vs $1,557,473), the overall trend over the decade is positive, indicating financial health and accumulation of resources.
Filing History
IRS 990 filing history for Nassau Library System showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Nassau Library System's revenue has grown by 70%, moving from $6.2M to $10.6M. Total assets increased by 163.4% over the same period, from $5.6M to $14.8M. Total functional expenses rose by 56.3%, from $6.7M to $10.5M. In its most recent filing year (2023), Nassau Library System reported a surplus of $84K, with revenue exceeding expenses. The organization holds $13.2M in liabilities against $14.8M in assets (debt-to-asset ratio: 88.9%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $10.6M | $10.5M | $14.8M | $13.2M | — | — |
| 2022 | $10.9M | $10.2M | $15.6M | $14.1M | — | — |
| 2021 | $10.6M | $9.6M | $13.1M | $12.3M | — | View 990 |
| 2020 | $9.6M | $9.5M | $12.9M | $13.1M | — | — |
| 2019 | $10.3M | $10.4M | $11.4M | $11.7M | — | View 990 |
| 2018 | $10.9M | $9.4M | $10.0M | $10.2M | — | View 990 |
| 2017 | $7.6M | $7.7M | $6.8M | $3.0M | — | View 990 |
| 2016 | $8.5M | $8.3M | $6.9M | $3.1M | — | View 990 |
| 2015 | $8.5M | $8.2M | $5.7M | $2.0M | — | View 990 |
| 2014 | $8.2M | $8.0M | $5.0M | $1.6M | — | View 990 |
| 2013 | $8.1M | $8.0M | $4.6M | $1.4M | — | View 990 |
| 2012 | $7.0M | $7.0M | $4.2M | $1.2M | — | View 990 |
| 2011 | $6.1M | $6.6M | $4.0M | $897K | — | View 990 |
| 2010 | $6.2M | $6.7M | $5.6M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.6M, expenses of $10.5M, and assets of $14.8M (revenue -3.0% year-over-year).
- 2022: Revenue of $10.9M, expenses of $10.2M, and assets of $15.6M (revenue +3.3% year-over-year).
- 2021: Revenue of $10.6M, expenses of $9.6M, and assets of $13.1M (revenue +10.2% year-over-year).
- 2020: Revenue of $9.6M, expenses of $9.5M, and assets of $12.9M (revenue -6.5% year-over-year).
- 2019: Revenue of $10.3M, expenses of $10.4M, and assets of $11.4M (revenue -5.5% year-over-year).
- 2018: Revenue of $10.9M, expenses of $9.4M, and assets of $10.0M (revenue +42.1% year-over-year).
- 2017: Revenue of $7.6M, expenses of $7.7M, and assets of $6.8M (revenue -9.9% year-over-year).
- 2016: Revenue of $8.5M, expenses of $8.3M, and assets of $6.9M (revenue +0.3% year-over-year).
- 2015: Revenue of $8.5M, expenses of $8.2M, and assets of $5.7M (revenue +3.8% year-over-year).
- 2014: Revenue of $8.2M, expenses of $8.0M, and assets of $5.0M (revenue +0.4% year-over-year).
- 2013: Revenue of $8.1M, expenses of $8.0M, and assets of $4.6M (revenue +16.9% year-over-year).
- 2012: Revenue of $7.0M, expenses of $7.0M, and assets of $4.2M (revenue +14.8% year-over-year).
- 2011: Revenue of $6.1M, expenses of $6.6M, and assets of $4.0M (revenue -2.9% year-over-year).
- 2010: Revenue of $6.2M, expenses of $6.7M, and assets of $5.6M.
Data Sources and Methodology
This transparency report for Nassau 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.