Rogers Memorial Library Co
Rogers Memorial Library Co maintains consistent financial growth and operates without reported officer compensation.
EIN: 111674173 · Southampton, NY · NTEE: B700 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $4.8M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $8.6M |
| Transparency Score | 90/100 |
Is Rogers Memorial Library Co Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rogers Memorial Library Co directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rogers Memorial Library Co
Rogers Memorial Library Co (EIN: 111674173) is a nonprofit organization based in Southampton, NY, classified under NTEE code B700. The organization reported total revenue of $5.4M and total assets of $10.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rogers Memorial Library Co's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rogers Memorial Library Co is a mid-size nonprofit that has been operating for 69 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.2M |
| Total Expenses | $4.8M |
| Surplus / Deficit | +$380K |
| Total Assets | $10.3M |
| Total Liabilities | $1.6M |
| Net Assets | $8.6M |
| Operating Margin | 7.3% |
| Debt-to-Asset Ratio | 16.0% |
| Months of Reserves | 25.4 months |
Financial Health Grade: A
In 2023, Rogers Memorial Library Co reported a surplus of $380K with revenue exceeding expenses, holds 25.4 months of operating reserves (strong position), has a debt-to-asset ratio of 16.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Rogers Memorial Library Co's revenue has grown at a compound annual growth rate (CAGR) of 2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.3% | +2.8% | +1.3% |
| 2022 | +2.7% | +6.0% | +0.2% |
| 2021 | -0.1% | +1.7% | +1.4% |
| 2020 | +2.6% | -3.2% | +4.3% |
| 2019 | +3.3% | +1.1% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1957 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Rogers Memorial Library Co with a Mission Score of 90 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
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Rogers Memorial Library Co 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:
- The organization reported a surplus of $380K, with revenue exceeding expenses.
- Debt-to-asset ratio: 16.0%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, indicating that the organization's leadership is either entirely volunteer-based or compensated through mechanisms not classified as officer compensation, which suggests a highly efficient and potentially lean administrative structure for an organization with over $5 million in annual revenue.
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 Rogers Memorial Library Co's IRS 990 filings:
- Lack of detailed breakdown for program vs. administrative expenses in provided data (requires deeper dive into full 990 for precise ratios)
Strengths
The following positive indicators were identified for Rogers Memorial Library Co:
- Consistent revenue growth, from $4,396,559 in 2014 to $5,228,689 in 2023.
- Healthy and growing asset base, exceeding $10 million in recent years.
- Consistent operating surplus, with revenues generally exceeding expenses (e.g., $380,193 surplus in 2023).
- 0% reported officer compensation, indicating efficient use of funds and potential volunteer leadership.
- Stable financial history with 13 filings, demonstrating long-term operational consistency.
Frequently Asked Questions about Rogers Memorial Library Co
Is Rogers Memorial Library Co a legitimate charity?
Based on AI analysis of IRS 990 filings, Rogers Memorial Library Co (EIN: 111674173) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Rogers Memorial Library Co spend its money?
Rogers Memorial Library Co directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rogers Memorial Library Co tax-deductible?
Rogers Memorial Library Co is registered as a tax-exempt nonprofit (EIN: 111674173). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Rogers Memorial Library Co CEO make?
Rogers Memorial Library Co's highest-compensated officer earns $5 annually. The organization reported $5.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Rogers Memorial Library Co's spending goes to programs?
Rogers Memorial Library Co directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rogers Memorial Library Co compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Rogers Memorial Library Co is above average for NTEE category B700 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rogers Memorial Library Co located?
Rogers Memorial Library Co is headquartered in Southampton, New York and files with the IRS under EIN 111674173. It is classified under NTEE code B700.
How many years of IRS 990 filings does Rogers Memorial Library Co have?
Rogers Memorial Library Co 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 $5.4M in total revenue.
Is Rogers Memorial Library Co a good charity?
Based on the available IRS 990 data, Rogers Memorial Library Co appears to be a well-managed and financially healthy organization. It demonstrates consistent revenue growth, maintains a strong asset base, and notably reports 0% officer compensation, which are all positive indicators of a good charity.
How has the organization's financial stability changed over the last decade?
The organization has shown consistent financial stability and growth over the last decade. Revenue increased from $4,396,559 in 2014 to $5,228,689 in 2023, and assets grew from $10,080,601 to $10,252,704 in the same period, indicating a strong and growing financial position.
What is the significance of 0% officer compensation?
0% officer compensation is significant as it suggests that the organization's top leadership is either entirely volunteer, or their compensation is structured in a way that it is not reported under 'officer compensation' on the 990. This often indicates a strong commitment to directing funds towards programs and minimizing administrative overhead.
Filing History
IRS 990 filing history for Rogers Memorial Library Co showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rogers Memorial Library Co's revenue has grown by 27.9%, moving from $4.1M to $5.2M. Total assets decreased by 1.7% over the same period, from $10.4M to $10.3M. Total functional expenses rose by 17.4%, from $4.1M to $4.8M. In its most recent filing year (2023), Rogers Memorial Library Co reported a surplus of $380K, with revenue exceeding expenses. The organization holds $1.6M in liabilities against $10.3M in assets (debt-to-asset ratio: 16.0%), resulting in net assets of $8.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.2M | $4.8M | $10.3M | $1.6M | — | — |
| 2022 | $5.0M | $4.7M | $10.1M | $1.9M | — | View 990 |
| 2021 | $4.9M | $4.5M | $10.1M | $2.2M | — | View 990 |
| 2020 | $4.9M | $4.4M | $10.0M | $2.5M | — | — |
| 2019 | $4.8M | $4.5M | $9.5M | $2.6M | — | View 990 |
| 2018 | $4.6M | $4.5M | $9.7M | $2.9M | — | View 990 |
| 2017 | $4.5M | $4.3M | $9.8M | $3.2M | — | View 990 |
| 2016 | $4.5M | $4.5M | $9.9M | $3.5M | — | View 990 |
| 2015 | $4.5M | $4.4M | $10.0M | $3.6M | — | View 990 |
| 2014 | $4.4M | $4.3M | $10.1M | $3.9M | — | View 990 |
| 2013 | $4.3M | $4.4M | $10.1M | $4.0M | — | View 990 |
| 2012 | $4.3M | $4.2M | $10.4M | $4.3M | — | View 990 |
| 2011 | $4.1M | $4.1M | $10.4M | $4.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.2M, expenses of $4.8M, and assets of $10.3M (revenue +4.3% year-over-year).
- 2022: Revenue of $5.0M, expenses of $4.7M, and assets of $10.1M (revenue +2.7% year-over-year).
- 2021: Revenue of $4.9M, expenses of $4.5M, and assets of $10.1M (revenue -0.1% year-over-year).
- 2020: Revenue of $4.9M, expenses of $4.4M, and assets of $10.0M (revenue +2.6% year-over-year).
- 2019: Revenue of $4.8M, expenses of $4.5M, and assets of $9.5M (revenue +3.3% year-over-year).
- 2018: Revenue of $4.6M, expenses of $4.5M, and assets of $9.7M (revenue +2.0% year-over-year).
- 2017: Revenue of $4.5M, expenses of $4.3M, and assets of $9.8M (revenue +0.5% year-over-year).
- 2016: Revenue of $4.5M, expenses of $4.5M, and assets of $9.9M (revenue +-0.0% year-over-year).
- 2015: Revenue of $4.5M, expenses of $4.4M, and assets of $10.0M (revenue +2.5% year-over-year).
- 2014: Revenue of $4.4M, expenses of $4.3M, and assets of $10.1M (revenue +1.9% year-over-year).
- 2013: Revenue of $4.3M, expenses of $4.4M, and assets of $10.1M (revenue +0.2% year-over-year).
- 2012: Revenue of $4.3M, expenses of $4.2M, and assets of $10.4M (revenue +5.3% year-over-year).
- 2011: Revenue of $4.1M, expenses of $4.1M, and assets of $10.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rogers Memorial Library Co:
Data Sources and Methodology
This transparency report for Rogers Memorial Library Co 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.