Sullivan County Imagination Library
EIN: 550860873 · Kingsport, TN · NTEE: B92
| Metric | Value |
|---|---|
| Total Revenue | $123K |
| Total Expenses | $90K |
| Net Assets | $231K |
Is Sullivan County Imagination Library Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sullivan County Imagination Library
Sullivan County Imagination Library (EIN: 550860873) is a nonprofit organization based in Kingsport, TN, classified under NTEE code B92. The organization reported total revenue of $123K and total assets of $260K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sullivan County Imagination Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sullivan County Imagination Library is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $114K |
| Total Expenses | $90K |
| Surplus / Deficit | +$24K |
| Total Assets | $231K |
| Net Assets | $231K |
| Operating Margin | 21.1% |
| Months of Reserves | 30.9 months |
Financial Health Grade: A
In 2023, Sullivan County Imagination Library reported a surplus of $24K with revenue exceeding expenses, holds 30.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Sullivan County Imagination Library's revenue has grown at a compound annual growth rate (CAGR) of 5.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -9.6% | +3.7% | +11.6% |
| 2022 | +1.2% | +0.1% | +23.3% |
| 2021 | +16.0% | +4.4% | +29.0% |
| 2020 | -14.2% | -1.9% | +23.0% |
| 2019 | +33.8% | -1.2% | +62.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sullivan County Imagination 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 Sullivan County Imagination 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $24K, with revenue exceeding expenses.
Frequently Asked Questions about Sullivan County Imagination Library
Is Sullivan County Imagination Library a legitimate charity?
Sullivan County Imagination Library (EIN: 550860873) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $123K. No red flags identified. Financial health grade: A.
How does Sullivan County Imagination Library spend its money?
Sullivan County Imagination Library reported $123K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sullivan County Imagination Library tax-deductible?
Sullivan County Imagination Library is registered as a tax-exempt nonprofit (EIN: 550860873). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sullivan County Imagination Library located?
Sullivan County Imagination Library is headquartered in Kingsport, Tennessee and files with the IRS under EIN 550860873. It is classified under NTEE code B92.
How many years of IRS 990 filings does Sullivan County Imagination Library have?
Sullivan County Imagination Library has 13 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 $123K in total revenue.
Filing History
IRS 990 filing history for Sullivan County Imagination Library showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sullivan County Imagination Library's revenue has grown by 97.2%, moving from $58K to $114K. Total assets increased by 233.3% over the same period, from $69K to $231K. Total functional expenses rose by 57.8%, from $57K to $90K. In its most recent filing year (2023), Sullivan County Imagination Library reported a surplus of $24K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $114K | $90K | $231K | $0 | — | View 990 |
| 2022 | $126K | $86K | $207K | $0 | — | View 990 |
| 2021 | $124K | $86K | $168K | $0 | — | View 990 |
| 2020 | $107K | $83K | $130K | $0 | — | — |
| 2019 | $125K | $84K | $106K | $0 | — | View 990 |
| 2018 | $93K | $85K | $65K | $0 | — | View 990 |
| 2017 | $78K | $86K | $57K | $0 | — | View 990 |
| 2016 | $86K | $79K | $65K | $0 | — | View 990 |
| 2015 | $64K | $73K | $58K | $0 | — | View 990 |
| 2014 | $65K | $68K | $67K | $0 | — | View 990 |
| 2013 | $64K | $67K | $69K | $0 | — | View 990 |
| 2012 | $61K | $59K | $72K | $0 | — | View 990 |
| 2011 | $58K | $57K | $69K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $114K, expenses of $90K, and assets of $231K (revenue -9.6% year-over-year).
- 2022: Revenue of $126K, expenses of $86K, and assets of $207K (revenue +1.2% year-over-year).
- 2021: Revenue of $124K, expenses of $86K, and assets of $168K (revenue +16.0% year-over-year).
- 2020: Revenue of $107K, expenses of $83K, and assets of $130K (revenue -14.2% year-over-year).
- 2019: Revenue of $125K, expenses of $84K, and assets of $106K (revenue +33.8% year-over-year).
- 2018: Revenue of $93K, expenses of $85K, and assets of $65K (revenue +20.3% year-over-year).
- 2017: Revenue of $78K, expenses of $86K, and assets of $57K (revenue -9.7% year-over-year).
- 2016: Revenue of $86K, expenses of $79K, and assets of $65K (revenue +34.2% year-over-year).
- 2015: Revenue of $64K, expenses of $73K, and assets of $58K (revenue -2.2% year-over-year).
- 2014: Revenue of $65K, expenses of $68K, and assets of $67K (revenue +2.0% year-over-year).
- 2013: Revenue of $64K, expenses of $67K, and assets of $69K (revenue +4.7% year-over-year).
- 2012: Revenue of $61K, expenses of $59K, and assets of $72K (revenue +6.4% year-over-year).
- 2011: Revenue of $58K, expenses of $57K, and assets of $69K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sullivan County Imagination Library:
Data Sources and Methodology
This transparency report for Sullivan County Imagination 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.