Scarborough Public Library
Scarborough Public Library maintains stable finances with no reported executive compensation.
EIN: 16010284 · Scarborough, ME · NTEE: B71Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Program Spending | 90% |
| Net Assets | $2.0M |
| Transparency Score | 92/100 |
Is Scarborough Public Library Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Scarborough Public Library directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Scarborough Public Library
Scarborough Public Library (EIN: 16010284) is a nonprofit organization based in Scarborough, ME, classified under NTEE code B71Z. The organization reported total revenue of $1.5M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scarborough Public Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Scarborough Public Library is a mid-size nonprofit that has been operating for 47 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.5M |
| Surplus / Deficit | +$20K |
| Total Assets | $2.0M |
| Total Liabilities | $73K |
| Net Assets | $2.0M |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 3.6% |
| Months of Reserves | 16.8 months |
Financial Health Grade: A
In 2024, Scarborough Public Library reported a surplus of $20K with revenue exceeding expenses, holds 16.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.6% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Scarborough Public Library's revenue has grown at a compound annual growth rate (CAGR) of 0.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +25.2% | +3.8% | -9.2% |
| 2023 | -40.7% | +1.8% | -7.7% |
| 2022 | +53.0% | +21.3% | +24.1% |
| 2021 | -17.3% | -22.9% | +16.7% |
| 2020 | +20.7% | +12.0% | +7.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1979 |
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 Scarborough Public Library with a Mission Score of 92 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: 90%
- fundraising: 0%
According to IRS 990 filings, Scarborough Public Library allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly unusual and suggests a volunteer-led executive structure or that compensation is reported under other expense categories, though the former is more likely given the consistent zero reporting.
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 Scarborough Public Library's IRS 990 filings:
- Unusually low or zero reported officer compensation could indicate compensation is miscategorized or that the organization relies heavily on volunteers for key leadership roles, which might pose sustainability questions in the long term if not properly managed.
Strengths
The following positive indicators were identified for Scarborough Public Library:
- Consistent financial stability with revenues generally covering expenses.
- Strong transparency with consistent IRS 990 filings over 14 periods.
- Zero reported officer compensation, indicating a high percentage of funds likely directed to programs.
- Healthy asset base relative to liabilities, demonstrating good financial management.
- Overall growth in assets over the past decade.
Frequently Asked Questions about Scarborough Public Library
Is Scarborough Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, Scarborough Public Library (EIN: 16010284) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Scarborough Public Library spend its money?
Scarborough Public Library directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Scarborough Public Library tax-deductible?
Scarborough Public Library is registered as a tax-exempt nonprofit (EIN: 16010284). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Scarborough Public Library compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Scarborough Public Library is above average for NTEE category B71Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Scarborough Public Library located?
Scarborough Public Library is headquartered in Scarborough, Maine and files with the IRS under EIN 16010284. It is classified under NTEE code B71Z.
How many years of IRS 990 filings does Scarborough Public Library have?
Scarborough Public 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 $1.5M in total revenue.
Is Scarborough Public Library financially stable?
Yes, the library demonstrates financial stability with consistent revenue streams and expenses generally in line with income. For example, in 202406, revenue was $1,481,201 and expenses were $1,460,745, showing a slight surplus.
How does the library manage executive compensation?
The library consistently reports 0% officer compensation in its IRS 990 filings, suggesting a volunteer-led executive team or that executive roles are compensated through other means not categorized as 'officer compensation'.
What is the trend in the library's assets?
The library's assets have shown overall growth over the past decade, increasing from $1,623,321 in 201506 to $2,044,649 in 202406, despite some year-to-year fluctuations.
Filing History
IRS 990 filing history for Scarborough Public Library showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Scarborough Public Library's revenue has grown by 5%, moving from $1.4M to $1.5M. Total assets increased by 13.5% over the same period, from $1.8M to $2.0M. Total functional expenses rose by 55%, from $943K to $1.5M. In its most recent filing year (2024), Scarborough Public Library reported a surplus of $20K, with revenue exceeding expenses. The organization holds $73K in liabilities against $2.0M in assets (debt-to-asset ratio: 3.6%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1.5M | $1.5M | $2.0M | $73K | — | View 990 |
| 2023 | $1.2M | $1.4M | $2.3M | $64K | — | View 990 |
| 2022 | $2.0M | $1.4M | $2.4M | $53K | — | View 990 |
| 2021 | $1.3M | $1.1M | $2.0M | $96K | — | — |
| 2020 | $1.6M | $1.5M | $1.7M | $95K | — | View 990 |
| 2019 | $1.3M | $1.3M | $1.6M | $63K | — | View 990 |
| 2018 | $1.3M | $1.3M | $1.6M | $88K | — | — |
| 2017 | $1.2M | $1.3M | $1.5M | $63K | — | View 990 |
| 2016 | $1.2M | $1.2M | $1.5M | $56K | — | View 990 |
| 2015 | $1.2M | $1.2M | $1.6M | $48K | — | View 990 |
| 2014 | $1.1M | $1.2M | $1.7M | $51K | — | View 990 |
| 2013 | $1.0M | $1.1M | $1.7M | $55K | — | View 990 |
| 2012 | $928K | $1.0M | $1.7M | $47K | — | View 990 |
| 2011 | $1.4M | $943K | $1.8M | $36K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1.5M, expenses of $1.5M, and assets of $2.0M (revenue +25.2% year-over-year).
- 2023: Revenue of $1.2M, expenses of $1.4M, and assets of $2.3M (revenue -40.7% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.4M, and assets of $2.4M (revenue +53.0% year-over-year).
- 2021: Revenue of $1.3M, expenses of $1.1M, and assets of $2.0M (revenue -17.3% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.5M, and assets of $1.7M (revenue +20.7% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $1.6M (revenue +0.2% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $1.6M (revenue +5.3% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.3M, and assets of $1.5M (revenue +6.5% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $1.5M (revenue -3.2% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $1.6M (revenue +13.6% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.2M, and assets of $1.7M (revenue +5.3% year-over-year).
- 2013: Revenue of $1.0M, expenses of $1.1M, and assets of $1.7M (revenue +8.1% year-over-year).
- 2012: Revenue of $928K, expenses of $1.0M, and assets of $1.7M (revenue -34.2% year-over-year).
- 2011: Revenue of $1.4M, expenses of $943K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Scarborough Public Library:
Data Sources and Methodology
This transparency report for Scarborough Public 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.