Rutland Free Library Association Inc T A Rutland Free Library
EIN: 30181060 · Rutland, VT · NTEE: B71Z
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.4M |
| Net Assets | $6.7M |
Is Rutland Free Library Association Inc T A Rutland Free Library Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Rutland Free Library Association Inc T A Rutland Free Library
Rutland Free Library Association Inc T A Rutland Free Library (EIN: 30181060) is a nonprofit organization based in Rutland, VT, classified under NTEE code B71Z. The organization reported total revenue of $1.3M and total assets of $7.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rutland Free Library Association Inc T A Rutland Free Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rutland Free Library Association Inc T A Rutland Free Library is a mid-size nonprofit that has been operating for 63 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -2.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-205,758 |
| Total Assets | $6.8M |
| Total Liabilities | $116K |
| Net Assets | $6.7M |
| Operating Margin | -17.8% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 60.3 months |
Financial Health Grade: B
In 2024, Rutland Free Library Association Inc T A Rutland Free Library reported a deficit of $206K with expenses exceeding revenue, holds 60.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Rutland Free Library Association Inc T A Rutland Free Library's revenue has declined at a compound annual growth rate (CAGR) of -2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +9.4% | +8.9% | +4.6% |
| 2023 | +1.8% | +2.7% | +3.0% |
| 2022 | -50.9% | +10.4% | -13.0% |
| 2021 | +55.5% | -2.8% | +16.3% |
| 2020 | +5.6% | -0.5% | +4.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1963 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Rutland Free Library Association Inc T A Rutland Free 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 Rutland Free Library Association Inc T A Rutland Free 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 deficit of $206K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Frequently Asked Questions about Rutland Free Library Association Inc T A Rutland Free Library
Is Rutland Free Library Association Inc T A Rutland Free Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Rutland Free Library Association Inc T A Rutland Free Library (EIN: 30181060) insufficient data. 0 red flags identified, 0 strengths noted.
How does Rutland Free Library Association Inc T A Rutland Free Library spend its money?
Detailed spending breakdown data is not yet available for Rutland Free Library Association Inc T A Rutland Free Library. Check back for updated IRS 990 analysis.
Are donations to Rutland Free Library Association Inc T A Rutland Free Library tax-deductible?
Rutland Free Library Association Inc T A Rutland Free Library is registered as a tax-exempt nonprofit (EIN: 30181060). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Rutland Free Library Association Inc T A Rutland Free Library located?
Rutland Free Library Association Inc T A Rutland Free Library is headquartered in Rutland, Vermont and files with the IRS under EIN 30181060. It is classified under NTEE code B71Z.
How many years of IRS 990 filings does Rutland Free Library Association Inc T A Rutland Free Library have?
Rutland Free Library Association Inc T A Rutland Free Library has 14 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Rutland Free Library Association Inc T A Rutland Free Library showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Rutland Free Library Association Inc T A Rutland Free Library's revenue has declined by 28.1%, moving from $1.6M to $1.2M. Total assets increased by 25.7% over the same period, from $5.5M to $6.8M. Total functional expenses rose by 31.6%, from $1.0M to $1.4M. In its most recent filing year (2024), Rutland Free Library Association Inc T A Rutland Free Library reported a deficit of $206K, with expenses exceeding revenue. The organization holds $116K in liabilities against $6.8M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.2M | $1.4M | $6.8M | $116K | — | View 990 |
| 2023 | $1.1M | $1.3M | $6.5M | $87K | — | View 990 |
| 2022 | $1.0M | $1.2M | $6.4M | $83K | — | View 990 |
| 2021 | $2.1M | $1.1M | $7.3M | $95K | — | — |
| 2020 | $1.4M | $1.1M | $6.3M | $86K | — | View 990 |
| 2019 | $1.3M | $1.1M | $6.0M | $72K | — | View 990 |
| 2018 | $1.3M | $1.2M | $1.6M | $143K | — | — |
| 2017 | $1.2M | $1.1M | $1.5M | $161K | — | View 990 |
| 2016 | $1.2M | $1.2M | $1.5M | $191K | — | — |
| 2015 | $1.1M | $1.2M | $6.0M | $74K | — | View 990 |
| 2014 | $1.8M | $1.2M | $6.1M | $72K | — | View 990 |
| 2013 | $1.3M | $1.1M | $5.4M | $49K | — | View 990 |
| 2012 | $881K | $1.0M | $5.3M | $86K | — | View 990 |
| 2011 | $1.6M | $1.0M | $5.5M | $152K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.2M, expenses of $1.4M, and assets of $6.8M (revenue +9.4% year-over-year).
- 2023: Revenue of $1.1M, expenses of $1.3M, and assets of $6.5M (revenue +1.8% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.2M, and assets of $6.4M (revenue -50.9% year-over-year).
- 2021: Revenue of $2.1M, expenses of $1.1M, and assets of $7.3M (revenue +55.5% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.1M, and assets of $6.3M (revenue +5.6% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.1M, and assets of $6.0M (revenue +2.4% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $1.6M (revenue +5.2% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $1.5M (revenue +0.2% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $1.5M (revenue +12.6% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.2M, and assets of $6.0M (revenue -39.9% year-over-year).
- 2014: Revenue of $1.8M, expenses of $1.2M, and assets of $6.1M (revenue +40.7% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.1M, and assets of $5.4M (revenue +42.5% year-over-year).
- 2012: Revenue of $881K, expenses of $1.0M, and assets of $5.3M (revenue -45.3% year-over-year).
- 2011: Revenue of $1.6M, expenses of $1.0M, and assets of $5.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rutland Free Library Association Inc T A Rutland Free Library:
Data Sources and Methodology
This transparency report for Rutland Free Library Association Inc T A Rutland Free 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.