Nioga Library System

Nioga Library System consistently grows assets with revenues exceeding expenses and no reported officer compensation.

EIN: 160844404 · Lockport, NY · NTEE: B71Z · Updated: 2026-03-28

$1.9MRevenue
$3.8MAssets
85/100Mission Score (Excellent)
B71Z
Nioga Library System Financial Summary
MetricValue
Total Revenue$1.9M
Total Expenses$1.6M
Program Spending85%
CEO/Top Officer Pay$2
Net Assets$3.0M
Transparency Score85/100

Is Nioga Library System Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

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

About Nioga Library System

Nioga Library System (EIN: 160844404) is a nonprofit organization based in Lockport, NY, classified under NTEE code B71Z. The organization reported total revenue of $1.9M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nioga Library System's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

64Years Operating
Mid-SizeSize Classification
13Years of Filings
MixedRevenue Trajectory

Nioga Library System is a mid-size nonprofit that has been operating for 64 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1.7M
Total Expenses$1.6M
Surplus / Deficit+$68K
Total Assets$3.8M
Total Liabilities$759K
Net Assets$3.0M
Operating Margin4.1%
Debt-to-Asset Ratio20.0%
Months of Reserves28.7 months

Financial Health Grade: A

In 2023, Nioga Library System reported a surplus of $68K with revenue exceeding expenses, holds 28.7 months of operating reserves (strong position), has a debt-to-asset ratio of 20.0% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Nioga Library System's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023-8.2%+7.9%+3.0%
2022-13.2%-6.7%+5.5%
2021+54.5%+7.2%+36.5%
2020-1.3%+4.4%-3.2%
2019-3.3%+3.7%-1.9%

IRS Tax-Exempt Classification

IRS Classification Codes3000
IRS Ruling Date1962

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Nioga Library System demonstrates consistent financial health, with revenues generally exceeding expenses over the past decade, leading to a steady growth in assets. For instance, in 2023, revenue was $1,653,734 against expenses of $1,585,942, contributing to an asset base of $3,799,053. The organization's NTEE code B71Z indicates a focus on library systems, which aligns with its mission. The absence of reported officer compensation across all available filings suggests a lean administrative structure or that executive salaries are not categorized as 'officer compensation' in the provided data, which could be a point for further inquiry regarding full compensation transparency. Spending efficiency appears strong, as the organization consistently manages to operate within its means while growing its asset base. The liabilities, while fluctuating, remain a manageable portion of total assets, indicating good financial stewardship. The consistent growth in assets from $2,323,197 in 2014 to $3,799,053 in 2023 reflects prudent financial management and an ability to build reserves. The lack of detailed expense breakdowns in the provided data makes a precise assessment of program versus administrative spending challenging, but the overall financial picture suggests a well-managed entity. Transparency regarding executive compensation is a notable aspect, with 0% reported for officer compensation in all available filings. While this could indicate a volunteer leadership structure or that compensation is reported under other categories, it warrants clarification for complete transparency. The consistent filing of IRS 990s over 13 periods demonstrates a commitment to regulatory compliance and public disclosure of financial activities.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Nioga 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

According to IRS 990 filings, Nioga 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$1.7MTotal Revenue
$1.6MTotal Expenses
$3.8MTotal Assets
$759KTotal Liabilities
$3.0MNet Assets

Executive Compensation Analysis

The Nioga Library System consistently reports 0% for officer compensation across all available filings, which is unusual for an organization of its size with nearly $2 million in annual revenue and almost $4 million in assets. This suggests either a fully volunteer leadership, or that executive compensation is categorized differently within the expense reports, warranting further investigation for full transparency.

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 Nioga Library System's IRS 990 filings:

Strengths

The following positive indicators were identified for Nioga Library System:

Frequently Asked Questions about Nioga Library System

Is Nioga Library System a legitimate charity?

Based on AI analysis of IRS 990 filings, Nioga Library System (EIN: 160844404) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

How does Nioga Library System spend its money?

Nioga Library System directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Nioga Library System tax-deductible?

Nioga Library System is registered as a tax-exempt nonprofit (EIN: 160844404). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Nioga Library System CEO make?

Nioga Library System's highest-compensated officer earns $2 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Nioga Library System's spending goes to programs?

Nioga Library System directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Nioga Library System compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Nioga Library System 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 Nioga Library System located?

Nioga Library System is headquartered in Lockport, New York and files with the IRS under EIN 160844404. It is classified under NTEE code B71Z.

How many years of IRS 990 filings does Nioga Library System have?

Nioga Library System 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 $1.9M in total revenue.

How is executive compensation handled if 0% is reported for officer compensation?

The consistent reporting of 0% for officer compensation across all filings suggests that either the organization is run by unpaid volunteers in leadership roles, or executive salaries are categorized under other expense lines (e.g., 'salaries and wages' for general staff) rather than specifically as 'officer compensation'. Further detail from the full 990 forms would be needed to clarify this.

What is the detailed breakdown of program versus administrative expenses?

The provided data does not offer a granular breakdown of expenses into program, administrative, and fundraising categories. While overall expenses are consistently less than revenue, a detailed breakdown would allow for a more precise assessment of spending efficiency and program focus.

What are the primary sources of revenue for the Nioga Library System?

The provided data only shows total revenue figures. Understanding the primary sources (e.g., government grants, public support, service fees) would provide insight into the organization's funding stability and diversification.

Filing History

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

Over 13 years of IRS 990 filings (2011–2023), Nioga Library System's revenue has grown by 1.6%, moving from $1.6M to $1.7M. Total assets increased by 47.5% over the same period, from $2.6M to $3.8M. Total functional expenses rose by 3.5%, from $1.5M to $1.6M. In its most recent filing year (2023), Nioga Library System reported a surplus of $68K, with revenue exceeding expenses. The organization holds $759K in liabilities against $3.8M in assets (debt-to-asset ratio: 20.0%), resulting in net assets of $3.0M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1.7M $1.6M $3.8M $759K
2022 $1.8M $1.5M $3.7M $717K View 990
2021 $2.1M $1.6M $3.5M $855K View 990
2020 $1.3M $1.5M $2.6M $345K View 990
2019 $1.4M $1.4M $2.6M $305K View 990
2018 $1.4M $1.4M $2.7M $308K View 990
2017 $1.4M $1.4M $2.6M $247K View 990
2016 $1.4M $1.3M $2.8M $446K View 990
2015 $1.4M $1.2M $2.7M $537K View 990
2014 $1.2M $1.2M $2.3M $350K View 990
2013 $1.3M $1.4M $2.4M $489K View 990
2012 $1.4M $1.5M $2.4M $327K View 990
2011 $1.6M $1.5M $2.6M $425K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Nioga Library System:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Nioga 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.

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