North Star Imagination Library
EIN: 274560964 · Fairbanks, AK · NTEE: B92
| Metric | Value |
|---|---|
| Total Revenue | $69K |
| Total Expenses | $75K |
| Net Assets | $36K |
Is North Star Imagination Library Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About North Star Imagination Library
North Star Imagination Library (EIN: 274560964) is a nonprofit organization based in Fairbanks, AK, classified under NTEE code B92. The organization reported total revenue of $69K and total assets of $27K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North Star Imagination Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North Star Imagination Library is a micro nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -6.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $84K |
| Total Expenses | $75K |
| Surplus / Deficit | +$9K |
| Total Assets | $36K |
| Net Assets | $36K |
| Operating Margin | 10.5% |
| Months of Reserves | 5.7 months |
Financial Health Grade: A
In 2024, North Star Imagination Library reported a surplus of $9K with revenue exceeding expenses, holds 5.7 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2012–2024), North Star Imagination Library's revenue has declined at a compound annual growth rate (CAGR) of -6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +32.0% | +9.7% | +32.8% |
| 2023 | -5.0% | +0.2% | -15.4% |
| 2022 | -10.3% | -1.2% | -4.2% |
| 2021 | +93.6% | +0.3% | +19.9% |
| 2020 | -47.7% | -11.4% | -52.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for North Star Imagination Library 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 Star Imagination Library 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $9K, with revenue exceeding expenses.
Frequently Asked Questions about North Star Imagination Library
Is North Star Imagination Library a legitimate charity?
North Star Imagination Library (EIN: 274560964) is a registered tax-exempt nonprofit based in Alaska. It has 13 years of IRS 990 filings on record. Total revenue: $69K. No red flags identified. Financial health grade: A.
How does North Star Imagination Library spend its money?
North Star Imagination Library reported $69K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to North Star Imagination Library tax-deductible?
North Star Imagination Library is registered as a tax-exempt nonprofit (EIN: 274560964). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is North Star Imagination Library located?
North Star Imagination Library is headquartered in Fairbanks, Alaska and files with the IRS under EIN 274560964. It is classified under NTEE code B92.
How many years of IRS 990 filings does North Star Imagination Library have?
North Star Imagination Library 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 $69K in total revenue.
Filing History
IRS 990 filing history for North Star Imagination Library showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), North Star Imagination Library's revenue has declined by 53.3%, moving from $179K to $84K. Total assets decreased by 55.8% over the same period, from $81K to $36K. Total functional expenses fell by 23.8%, from $98K to $75K. In its most recent filing year (2024), North Star Imagination Library reported a surplus of $9K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $84K | $75K | $36K | $0 | — | — |
| 2023 | $63K | $68K | $27K | $0 | — | View 990 |
| 2022 | $67K | $68K | $32K | $0 | — | — |
| 2021 | $75K | $69K | $33K | $0 | — | — |
| 2020 | $39K | $69K | $28K | $0 | — | View 990 |
| 2019 | $74K | $78K | $58K | $0 | — | View 990 |
| 2018 | $83K | $81K | $62K | $0 | — | View 990 |
| 2017 | $82K | $83K | $60K | $0 | — | View 990 |
| 2016 | $109K | $92K | $61K | $0 | — | View 990 |
| 2015 | $68K | $87K | $43K | $0 | — | View 990 |
| 2014 | $85K | $94K | $62K | $0 | — | View 990 |
| 2013 | $82K | $92K | $71K | $0 | — | View 990 |
| 2012 | $179K | $98K | $81K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $84K, expenses of $75K, and assets of $36K (revenue +32.0% year-over-year).
- 2023: Revenue of $63K, expenses of $68K, and assets of $27K (revenue -5.0% year-over-year).
- 2022: Revenue of $67K, expenses of $68K, and assets of $32K (revenue -10.3% year-over-year).
- 2021: Revenue of $75K, expenses of $69K, and assets of $33K (revenue +93.6% year-over-year).
- 2020: Revenue of $39K, expenses of $69K, and assets of $28K (revenue -47.7% year-over-year).
- 2019: Revenue of $74K, expenses of $78K, and assets of $58K (revenue -11.2% year-over-year).
- 2018: Revenue of $83K, expenses of $81K, and assets of $62K (revenue +0.9% year-over-year).
- 2017: Revenue of $82K, expenses of $83K, and assets of $60K (revenue -24.4% year-over-year).
- 2016: Revenue of $109K, expenses of $92K, and assets of $61K (revenue +58.8% year-over-year).
- 2015: Revenue of $68K, expenses of $87K, and assets of $43K (revenue -19.4% year-over-year).
- 2014: Revenue of $85K, expenses of $94K, and assets of $62K (revenue +3.0% year-over-year).
- 2013: Revenue of $82K, expenses of $92K, and assets of $71K (revenue -54.0% year-over-year).
- 2012: Revenue of $179K, expenses of $98K, and assets of $81K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North Star Imagination Library:
Data Sources and Methodology
This transparency report for North Star Imagination Library 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.