Slater Library Corporation
EIN: 60664193 · Jewett City, CT · NTEE: B71Z
Is Slater Library Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Slater Library Corporation
Slater Library Corporation (EIN: 60664193) is a nonprofit organization based in Jewett City, CT, classified under NTEE code B71Z. The organization reported total revenue of $306K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Slater Library Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Slater Library Corporation is a small nonprofit that has been operating for 75 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $216K |
| Total Expenses | $191K |
| Surplus / Deficit | +$25K |
| Total Assets | $1.3M |
| Net Assets | $1.3M |
| Operating Margin | 11.5% |
| Months of Reserves | 78.8 months |
Financial Health Grade: A
In 2024, Slater Library Corporation reported a surplus of $25K with revenue exceeding expenses, holds 78.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Slater Library Corporation's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.8% | +7.6% | +3.8% |
| 2023 | -13.2% | +1.3% | +6.8% |
| 2022 | +9.1% | -0.6% | -1.7% |
| 2021 | -34.4% | +7.9% | +17.2% |
| 2020 | +90.2% | -9.3% | +18.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 1951 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Slater Library Corporation 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 Slater Library Corporation 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 surplus of $25K, with revenue exceeding expenses.
Frequently Asked Questions about Slater Library Corporation
Is Slater Library Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Slater Library Corporation (EIN: 60664193) insufficient data. 0 red flags identified, 0 strengths noted.
How does Slater Library Corporation spend its money?
Detailed spending breakdown data is not yet available for Slater Library Corporation. Check back for updated IRS 990 analysis.
Are donations to Slater Library Corporation tax-deductible?
Slater Library Corporation is registered as a tax-exempt nonprofit (EIN: 60664193). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Slater Library Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Slater Library Corporation's revenue has grown by 46.7%, moving from $147K to $216K. Total assets increased by 160.6% over the same period, from $481K to $1.3M. Total functional expenses rose by 26.6%, from $151K to $191K. In its most recent filing year (2024), Slater Library Corporation reported a surplus of $25K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $216K | $191K | $1.3M | $0 | — | — |
| 2023 | $193K | $178K | $1.2M | $0 | — | View 990 |
| 2022 | $222K | $175K | $1.1M | $0 | — | View 990 |
| 2021 | $204K | $176K | $1.2M | $0 | — | View 990 |
| 2020 | $311K | $163K | $982K | $0 | — | View 990 |
| 2019 | $163K | $180K | $828K | $0 | — | View 990 |
| 2018 | $183K | $168K | $790K | $0 | — | View 990 |
| 2017 | $289K | $155K | $744K | $0 | — | View 990 |
| 2016 | $155K | $152K | $587K | $0 | — | View 990 |
| 2015 | $165K | $155K | $563K | $0 | — | View 990 |
| 2014 | $144K | $153K | $565K | $0 | — | View 990 |
| 2013 | $141K | $150K | $521K | $0 | — | View 990 |
| 2012 | $147K | $151K | $481K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $216K, expenses of $191K, and assets of $1.3M (revenue +11.8% year-over-year).
- 2023: Revenue of $193K, expenses of $178K, and assets of $1.2M (revenue -13.2% year-over-year).
- 2022: Revenue of $222K, expenses of $175K, and assets of $1.1M (revenue +9.1% year-over-year).
- 2021: Revenue of $204K, expenses of $176K, and assets of $1.2M (revenue -34.4% year-over-year).
- 2020: Revenue of $311K, expenses of $163K, and assets of $982K (revenue +90.2% year-over-year).
- 2019: Revenue of $163K, expenses of $180K, and assets of $828K (revenue -10.6% year-over-year).
- 2018: Revenue of $183K, expenses of $168K, and assets of $790K (revenue -36.8% year-over-year).
- 2017: Revenue of $289K, expenses of $155K, and assets of $744K (revenue +86.7% year-over-year).
- 2016: Revenue of $155K, expenses of $152K, and assets of $587K (revenue -5.9% year-over-year).
- 2015: Revenue of $165K, expenses of $155K, and assets of $563K (revenue +14.0% year-over-year).
- 2014: Revenue of $144K, expenses of $153K, and assets of $565K (revenue +2.6% year-over-year).
- 2013: Revenue of $141K, expenses of $150K, and assets of $521K (revenue -4.4% year-over-year).
- 2012: Revenue of $147K, expenses of $151K, and assets of $481K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Slater Library Corporation:
Data Sources and Methodology
This transparency report for Slater Library 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.