Seal Harbor Library Association
Seal Harbor Library Association dedicates 75% of spending to programs with modest revenue and healthy assets.
EIN: 10358064 · Seal Harbor, ME · NTEE: B70 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $50K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $50,419, |
| Transparency Score | 90/100 |
Is Seal Harbor Library Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Seal Harbor Library Association directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Seal Harbor Library Association
Seal Harbor Library Association (EIN: 10358064) is a nonprofit organization based in Seal Harbor, ME, classified under NTEE code B70. The organization reported total revenue of $50K and total assets of $322K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seal Harbor Library Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2025 |
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 Seal Harbor Library Association 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Seal Harbor Library Association allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Given the organization's small revenue of $50,419, it is highly probable that executive compensation is minimal or non-existent, often relying on volunteer leadership or part-time staff, which is common for small community libraries.
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.
Strengths
The following positive indicators were identified for Seal Harbor Library Association:
- Strong program spending ratio of 75%
- Healthy asset base ($322,191) relative to annual revenue ($50,419)
- Efficient administrative and fundraising costs (15% admin, 10% fundraising)
- Clear focus on core mission as indicated by spending breakdown
Frequently Asked Questions about Seal Harbor Library Association
Is Seal Harbor Library Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Seal Harbor Library Association (EIN: 10358064) appears legitimate. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
How does Seal Harbor Library Association spend its money?
Seal Harbor Library Association directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Seal Harbor Library Association tax-deductible?
Seal Harbor Library Association is registered as a tax-exempt nonprofit (EIN: 10358064). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Seal Harbor Library Association CEO make?
Seal Harbor Library Association's highest-compensated officer earns $50,419, annually. The organization reported $50K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Seal Harbor Library Association's spending goes to programs?
Seal Harbor Library Association directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Seal Harbor Library Association compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Seal Harbor Library Association is above average for NTEE category B70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Seal Harbor Library Association located?
Seal Harbor Library Association is headquartered in Seal Harbor, Maine and files with the IRS under EIN 10358064. It is classified under NTEE code B70.
How does Seal Harbor Library Association sustain its operations with $50,419 in annual revenue?
The organization likely relies on a combination of small grants, local donations, membership fees, and potentially volunteer labor to support its operations, supplemented by its healthy asset base of $322,191.
What specific programs does the 75% program spending support?
While not detailed in the provided data, for a library, this would typically include book acquisition, circulation services, community events, educational programs, and maintenance of library facilities.
Data Sources and Methodology
This transparency report for Seal Harbor 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.