Pleasant Grove City Libraryfoundation Corporation

Pleasant Grove City Libraryfoundation Corporation shows highly inconsistent financial activity with minimal recent revenue and expenses.

EIN: 205426859 · Pleasant Grv, UT · NTEE: B117 · Updated: 2026-03-28

$3KRevenue

$1Assets

55/100Mission Score (Fair)

B117

About Pleasant Grove City Libraryfoundation Corporation

Pleasant Grove City Libraryfoundation Corporation (EIN: 205426859) is a nonprofit organization based in Pleasant Grv, UT, classified under NTEE code B117. The organization reported total revenue of $3K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pleasant Grove City Libraryfoundation Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Pleasant Grove City Libraryfoundation Corporation exhibits inconsistent financial activity over its filing history. While it has maintained a clean record with no reported liabilities and 0% officer compensation, its revenue and expense figures fluctuate significantly. For instance, in 201908, it reported substantial revenue of $85,338 and expenses of $85,096, indicating active operations. However, in other periods like 202208 and 202108, revenue was $0, with minimal expenses. The latest period (202308) shows revenue of $621 against expenses of $118, suggesting very limited current activity. The organization's assets have also seen considerable variation, from a high of $29,691 in 201508 to $7,753 in 202308, and a reported current asset value of $1, which is a stark contrast to its historical figures and raises questions about its current financial standing and operational capacity. The lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging, but the overall low and fluctuating financial activity suggests a very small, possibly dormant, or intermittently active organization.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Pleasant Grove City Libraryfoundation Corporation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 20%
programs: 80%
fundraising: 0%

According to IRS 990 filings, Pleasant Grove City Libraryfoundation Corporation allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or directors receive salaries from the organization, which is typical for very small, volunteer-run entities.

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 Pleasant Grove City Libraryfoundation Corporation's IRS 990 filings:

Highly inconsistent revenue and expense patterns over time
Reported current assets of only $1, which is extremely low for an active foundation
Periods of $0 revenue and minimal expenses, suggesting dormancy or very limited activity

Strengths

The following positive indicators were identified for Pleasant Grove City Libraryfoundation Corporation:

No reported liabilities across all filings
Consistent 0% officer compensation, indicating volunteer-led operations
Historically low administrative overhead based on available expense data (e.g., $118 expenses in 202308 with $621 revenue)

Frequently Asked Questions about Pleasant Grove City Libraryfoundation Corporation

What is the current operational status of the Pleasant Grove City Libraryfoundation Corporation given its $1 asset value and minimal recent activity?

The reported $1 asset value and very low revenue ($621) and expenses ($118) in the latest filing period (202308) suggest the organization may be largely inactive or operating on an extremely limited basis, potentially as a holding entity or in a transitional phase.

Why is there such significant fluctuation in annual revenue and expenses?

The wide swings in revenue (e.g., $85,338 in 201908 vs. $0 in 202208) and expenses suggest that the organization's funding and activities are highly sporadic, possibly tied to specific, infrequent projects or fundraising campaigns rather than consistent operations.

How does the organization manage to operate with $0 officer compensation?

The consistent 0% officer compensation indicates that the organization is likely run entirely by volunteers, which is common for small community-based foundations or support groups.

Filing History

IRS 990 filing history for Pleasant Grove City Libraryfoundation Corporation showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2014–2023), Pleasant Grove City Libraryfoundation Corporation's revenue has declined by 93.8%, moving from $10K to $621. Total assets decreased by 60.7% over the same period, from $20K to $8K. Total functional expenses fell by 98.8%, from $10K to $118. In its most recent filing year (2023), Pleasant Grove City Libraryfoundation Corporation reported a surplus of $503, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$621	$118	$8K	$0	—	View 990
2022	$0	$344	$8K	$0	—	View 990
2021	$0	$110	$8K	$0	—	—
2020	$70	$0	$7K	$0	—	View 990
2019	$85K	$85K	$7K	$0	—	View 990
2018	$9K	$30K	$2K	$0	—	View 990
2017	$3K	$962	$23K	$0	—	View 990
2015	$15K	$5K	$30K	$0	—	View 990
2014	$10K	$10K	$20K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $621, expenses of $118, and assets of $8K.
2022: Revenue of $0, expenses of $344, and assets of $8K.
2021: Revenue of $0, expenses of $110, and assets of $8K (revenue -100.0% year-over-year).
2020: Revenue of $70, expenses of $0, and assets of $7K (revenue -99.9% year-over-year).
2019: Revenue of $85K, expenses of $85K, and assets of $7K (revenue +885.2% year-over-year).
2018: Revenue of $9K, expenses of $30K, and assets of $2K (revenue +159.7% year-over-year).
2017: Revenue of $3K, expenses of $962, and assets of $23K (revenue -77.8% year-over-year).
2015: Revenue of $15K, expenses of $5K, and assets of $30K (revenue +50.0% year-over-year).
2014: Revenue of $10K, expenses of $10K, and assets of $20K.

Data Sources and Methodology

This transparency report for Pleasant Grove City Libraryfoundation Corporation 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.