North Bend Library Foundation
EIN: 470678210 · North Bend, NE · NTEE: B117
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Total Expenses | $7K |
| Net Assets | $120K |
Is North Bend Library Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About North Bend Library Foundation
North Bend Library Foundation (EIN: 470678210) is a nonprofit organization based in North Bend, NE, classified under NTEE code B117. The organization reported total revenue of $9K and total assets of $120K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Bend Library Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Bend Library Foundation is a micro nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of -32.1%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $9K |
| Total Expenses | $7K |
| Surplus / Deficit | +$2K |
| Total Assets | $120K |
| Net Assets | $120K |
| Operating Margin | 23.5% |
| Months of Reserves | 207.5 months |
Financial Health Grade: A
In 2019, North Bend Library Foundation reported a surplus of $2K with revenue exceeding expenses, holds 207.5 months of operating reserves (strong position).
Financial Trends
Over 9 years of filings (2011–2019), North Bend Library Foundation's revenue has declined at a compound annual growth rate (CAGR) of -32.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +28.4% | +40.1% | +13.0% |
| 2018 | -46.4% | -53.2% | -2.7% |
| 2017 | +35.0% | +155.0% | +6.1% |
| 2016 | -6.8% | +15.7% | +6.9% |
| 2015 | -59.5% | -1.2% | +5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Bend Library Foundation 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 North Bend Library Foundation 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.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Frequently Asked Questions about North Bend Library Foundation
Is North Bend Library Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, North Bend Library Foundation (EIN: 470678210) insufficient data. 0 red flags identified, 0 strengths noted.
How does North Bend Library Foundation spend its money?
Detailed spending breakdown data is not yet available for North Bend Library Foundation. Check back for updated IRS 990 analysis.
Are donations to North Bend Library Foundation tax-deductible?
North Bend Library Foundation is registered as a tax-exempt nonprofit (EIN: 470678210). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is North Bend Library Foundation located?
North Bend Library Foundation is headquartered in North Bend, Nebraska and files with the IRS under EIN 470678210. It is classified under NTEE code B117.
How many years of IRS 990 filings does North Bend Library Foundation have?
North Bend Library Foundation has 9 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 $9K in total revenue.
Filing History
IRS 990 filing history for North Bend Library Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2019), North Bend Library Foundation's revenue has declined by 95.5%, moving from $202K to $9K. Total assets decreased by 89.4% over the same period, from $1.1M to $120K. Total functional expenses fell by 54.3%, from $15K to $7K. In its most recent filing year (2019), North Bend Library Foundation reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $9K | $7K | $120K | $0 | — | View 990 |
| 2018 | $7K | $5K | $106K | $0 | — | View 990 |
| 2017 | $13K | $11K | $109K | $0 | — | View 990 |
| 2016 | $10K | $4K | $103K | $0 | — | View 990 |
| 2015 | $10K | $4K | $96K | $0 | — | View 990 |
| 2014 | $26K | $4K | $91K | $0 | — | View 990 |
| 2013 | $32K | $27K | $1.2M | $0 | — | View 990 |
| 2012 | $153K | $92K | $1.2M | $0 | — | View 990 |
| 2011 | $202K | $15K | $1.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $9K, expenses of $7K, and assets of $120K (revenue +28.4% year-over-year).
- 2018: Revenue of $7K, expenses of $5K, and assets of $106K (revenue -46.4% year-over-year).
- 2017: Revenue of $13K, expenses of $11K, and assets of $109K (revenue +35.0% year-over-year).
- 2016: Revenue of $10K, expenses of $4K, and assets of $103K (revenue -6.8% year-over-year).
- 2015: Revenue of $10K, expenses of $4K, and assets of $96K (revenue -59.5% year-over-year).
- 2014: Revenue of $26K, expenses of $4K, and assets of $91K (revenue -19.4% year-over-year).
- 2013: Revenue of $32K, expenses of $27K, and assets of $1.2M (revenue -79.1% year-over-year).
- 2012: Revenue of $153K, expenses of $92K, and assets of $1.2M (revenue -23.9% year-over-year).
- 2011: Revenue of $202K, expenses of $15K, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Bend Library Foundation:
Data Sources and Methodology
This transparency report for North Bend Library Foundation 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.