Pembroke Library Association

Pembroke Library Association experienced a significant increase in liabilities and operated at a deficit in 2016 after a strong surplus in 2015.

EIN: 10544164 · Pembroke, ME · NTEE: B70 · Updated: 2026-03-28

$0Revenue

$0Assets

65/100Mission Score (Good)

B70

About Pembroke Library Association

Pembroke Library Association (EIN: 10544164) is a nonprofit organization based in Pembroke, 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 Pembroke Library Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Pembroke Library Association exhibits inconsistent financial activity across its two most recent filings. In 2015, the organization reported $136,477 in revenue against only $9,447 in expenses, leading to a significant surplus and a healthy asset base of $336,056 with no liabilities. However, the 2016 filing shows a concerning shift, with expenses of $128,759 exceeding revenue of $110,037, resulting in a deficit. Furthermore, liabilities surged to $314,513 in 2016, nearly matching their total assets of $367,334, which raises questions about the nature of these liabilities and their impact on the organization's long-term financial stability. The organization's transparency is somewhat limited by the lack of detailed expense breakdowns in the provided data, making it difficult to fully assess spending efficiency beyond the top-line figures. The reported zero officer compensation in both periods suggests a volunteer-led or minimally compensated leadership structure, which can be a positive indicator of resource allocation.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Pembroke Library Association with a Mission Score of 65 out of 100 (Good). 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, Pembroke Library Association 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.

Executive Compensation Analysis

Executive compensation was reported as 0% in both 2015 and 2016, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is positive for resource allocation given the organization's size.

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 Pembroke Library Association's IRS 990 filings:

Significant increase in liabilities from $0 to $314,513 in one year (2015-2016).
Operating at a deficit in 2016 ($110,037 revenue vs. $128,759 expenses).
Lack of detailed expense breakdown to assess spending efficiency.

Strengths

The following positive indicators were identified for Pembroke Library Association:

Zero reported officer compensation in both periods, indicating efficient use of funds for leadership.
Strong financial surplus in 2015 ($136,477 revenue vs. $9,447 expenses).
Maintained a substantial asset base ($367,334 in 2016).

Frequently Asked Questions about Pembroke Library Association

What caused the substantial increase in liabilities from $0 in 2015 to $314,513 in 2016?

The provided data does not specify the nature of these liabilities, but their sudden appearance and magnitude are a significant financial concern.

How does the Pembroke Library Association plan to address its 2016 operating deficit of $18,722?

The filings do not provide a strategic plan for addressing deficits, but sustained deficits could erode assets over time.

What is the breakdown of the $128,759 in expenses reported in 2016?

Without a detailed breakdown, it's difficult to assess the efficiency of program delivery versus administrative or fundraising costs.

Filing History

IRS 990 filing history for Pembroke Library Association showing financial trends over 2 years of public records:

Over 2 years of IRS 990 filings (2015–2016), Pembroke Library Association's revenue has declined by 19.4%, moving from $136K to $110K. Total assets increased by 9.3% over the same period, from $336K to $367K. Total functional expenses rose by 1263%, from $9K to $129K. In its most recent filing year (2016), Pembroke Library Association reported a deficit of $19K, with expenses exceeding revenue. The organization holds $315K in liabilities against $367K in assets (debt-to-asset ratio: 85.6%), resulting in net assets of $53K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2016	$110K	$129K	$367K	$315K	—	View 990
2015	$136K	$9K	$336K	$0	—	View 990

Data Sources and Methodology

This transparency report for Pembroke Library Association 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.