Stonington Public Library
Stonington Public Library shows consistent asset growth and no reported officer compensation over seven years.
EIN: 10339251 · Stonington, ME · NTEE: B71I · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $129K |
| Total Expenses | $88K |
| Program Spending | 90% |
| Net Assets | $323K |
| Transparency Score | 92/100 |
Search Intent Cockpit
Stonington Public Library Form 990, Revenue, CEO Pay, and IRS Filing Signals
Stonington Public Library is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Stonington Public Library in one place.
Form 990 Filing Summary
7 filing years are available, with latest revenue of $102K and expenses of $88K.
Revenue and Expenses
Stonington Public Library reported $102K in revenue and $88K in expenses, a surplus of $14K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
92/100 mission score, 1 red flag, and 5 strengths are shown from structured and AI review.
Is Stonington Public Library Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $79K (90%) |
Across stored filings, Stonington Public Library shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 90% to programs | Excellent |
| Financial durability | Grade A | 7 stored filing years |
| Peer context | Compare with Maine Composite Materials Applied Technology Development Center | Maine and Education context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with Maine Composite Materials Applied Technology Development Center →All Maine nonprofits
All Education
Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Stonington, ME nonprofitsEducation in Maine
Education in Maine
Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
State spending analysisState compensation analysis
Education spending
Best Education charities in Maine
Relevant rankings
Donation Decision Flow
From Trust Check to Better Alternatives
Verify
Some Concerns. Check deductibility, filings, and red flags.
2Understand money
90% of spending goes to programs.
3Compare
Benchmark against Maine Composite Materials Applied Technology Development Center.
4Decide
Build a shortlist, compare alternatives, and review the latest filing before giving.
Alternative Shopping
Similar Nonprofits Donors Should Compare
Crabtree Neck Land Trust
Hancock, ME · $836K revenue · Score 95/100
Compare side-by-sideAmerican Legion Post 0019 Thomas W Cole Post
Sanford, ME · $1.1M revenue · Score 85/100
Compare side-by-sideAgamenticus Yacht Club Of York
York Harbor, ME · $325K revenue · Score 85/100
Compare side-by-sideAmerican Legion
Winslow, ME · $226K revenue · Score 85/100
Compare side-by-sideNext Best Actions
Keep the Investigation Moving
Stonington Public Library directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Stonington Public Library
Stonington Public Library (EIN: 10339251) is a nonprofit organization based in Stonington, ME, classified under NTEE code B71I. The organization reported total revenue of $129K and total assets of $356K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stonington Public Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stonington Public Library is a small nonprofit that has been operating for 29 years, with 7 years of IRS 990 filings on record (2017–2023). Revenue has grown at a compound annual rate of -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $88K |
| Surplus / Deficit | +$14K |
| Total Assets | $324K |
| Total Liabilities | $842 |
| Net Assets | $323K |
| Operating Margin | 13.9% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 44.3 months |
Financial Health Grade: A
In 2023, Stonington Public Library reported a surplus of $14K with revenue exceeding expenses, holds 44.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 7 years of filings (2017–2023), Stonington Public Library's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.7% | +9.0% | +4.8% |
| 2022 | +2.0% | +31.4% | +5.7% |
| 2021 | +27.2% | +42.9% | +12.4% |
| 2020 | +74.9% | +5.1% | +12.7% |
| 2019 | -43.2% | -7.0% | +0.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Stonington 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, Stonington 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
No officer compensation has been reported in any of the seven available filings, indicating that executive leadership is likely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of this size.
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 Stonington Public Library's IRS 990 filings:
- No specific red flags identified based on the provided financial data.
Strengths
The following positive indicators were identified for Stonington Public Library:
- Consistent asset growth from $201,148 in 2017 to $324,151 in 2023.
- Very low liabilities, consistently under $1,000 across all filings.
- 0% reported officer compensation, maximizing funds for programs.
- Expenses consistently lower than revenue, indicating sound financial management.
- Steady revenue stream, demonstrating consistent community support.
Frequently Asked Questions about Stonington Public Library
Is Stonington Public Library a legitimate charity?
Stonington Public Library (EIN: 10339251) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 92/100. It has 7 years of IRS 990 filings on record. Total revenue: $129K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Stonington Public Library spend its money?
Stonington Public Library directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Stonington Public Library tax-deductible?
Stonington Public Library is registered as a tax-exempt nonprofit (EIN: 10339251). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Stonington Public Library compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Stonington Public Library is above average for NTEE category B71I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Stonington Public Library located?
Stonington Public Library is headquartered in Stonington, Maine and files with the IRS under EIN 10339251. It is classified under NTEE code B71I.
How many years of IRS 990 filings does Stonington Public Library have?
Stonington Public Library has 7 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 $129K in total revenue.
Is Stonington Public Library a good charity?
Based on the IRS 990 data, Stonington Public Library appears to be a very good charity. It demonstrates strong financial health with growing assets, low liabilities, and no reported officer compensation, indicating a high percentage of funds likely go directly to its mission.
How has the library's financial health changed over time?
The library's financial health has improved consistently. Assets have grown from $201,148 in 2017 to $324,151 in 2023, and revenue has generally increased, showing sustained community support and effective financial management.
What is the library's approach to executive compensation?
The library reports 0% officer compensation across all seven filings, suggesting a volunteer-driven leadership model or that compensation is structured in a way that does not fall under 'officer compensation' on the 990, which is highly efficient.
Filing History
IRS 990 filing history for Stonington Public Library showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2017–2023), Stonington Public Library's revenue has declined by 10.9%, moving from $115K to $102K. Total assets increased by 61.2% over the same period, from $201K to $324K. Total functional expenses rose by 133.1%, from $38K to $88K. In its most recent filing year (2023), Stonington Public Library reported a surplus of $14K, with revenue exceeding expenses. The organization holds $842 in liabilities against $324K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $323K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $102K | $88K | $324K | $842 | — | View 990 |
| 2022 | $94K | $81K | $309K | $737 | — | View 990 |
| 2021 | $92K | $61K | $293K | $481 | — | View 990 |
| 2020 | $72K | $43K | $260K | $440 | — | View 990 |
| 2019 | $41K | $41K | $231K | $613 | — | View 990 |
| 2018 | $73K | $44K | $230K | $168 | — | View 990 |
| 2017 | $115K | $38K | $201K | $169 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $102K, expenses of $88K, and assets of $324K (revenue +8.7% year-over-year).
- 2022: Revenue of $94K, expenses of $81K, and assets of $309K (revenue +2.0% year-over-year).
- 2021: Revenue of $92K, expenses of $61K, and assets of $293K (revenue +27.2% year-over-year).
- 2020: Revenue of $72K, expenses of $43K, and assets of $260K (revenue +74.9% year-over-year).
- 2019: Revenue of $41K, expenses of $41K, and assets of $231K (revenue -43.2% year-over-year).
- 2018: Revenue of $73K, expenses of $44K, and assets of $230K (revenue -36.5% year-over-year).
- 2017: Revenue of $115K, expenses of $38K, and assets of $201K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stonington Public Library:
Data Sources and Methodology
This transparency report for Stonington 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.