The Friends Of The Clarksville Montgomery County Public Library
EIN: 581557594 · Clarksville, TN
| Metric | Value |
|---|---|
| Total Revenue | $133K |
| Total Expenses | $115K |
| Net Assets | $138K |
Is The Friends Of The Clarksville Montgomery County Public Library Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About The Friends Of The Clarksville Montgomery County Public Library
The Friends Of The Clarksville Montgomery County Public Library (EIN: 581557594) is a nonprofit organization based in Clarksville, TN. The organization reported total revenue of $133K and total assets of $154K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Friends Of The Clarksville Montgomery County Public Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Friends Of The Clarksville Montgomery County Public Library is a small nonprofit that has been operating for 42 years, with 12 years of IRS 990 filings on record (2013–2024). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $148K |
| Total Expenses | $115K |
| Surplus / Deficit | +$33K |
| Total Assets | $138K |
| Net Assets | $138K |
| Operating Margin | 22.1% |
| Months of Reserves | 14.4 months |
Financial Health Grade: A
In 2024, The Friends Of The Clarksville Montgomery County Public Library reported a surplus of $33K with revenue exceeding expenses, holds 14.4 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2013–2024), The Friends Of The Clarksville Montgomery County Public Library's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +52.8% | +10.2% | +31.0% |
| 2023 | +93.2% | +14.6% | -6.9% |
| 2022 | -75.3% | +1.1% | -26.7% |
| 2021 | +139.6% | +0.6% | +272.4% |
| 2020 | -14.5% | -28.3% | -10.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for The Friends Of The Clarksville Montgomery County Public 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 The Friends Of The Clarksville Montgomery County Public 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $33K, with revenue exceeding expenses.
Frequently Asked Questions about The Friends Of The Clarksville Montgomery County Public Library
Is The Friends Of The Clarksville Montgomery County Public Library a legitimate charity?
The Friends Of The Clarksville Montgomery County Public Library (EIN: 581557594) is a registered tax-exempt nonprofit based in Tennessee. It has 12 years of IRS 990 filings on record. Total revenue: $133K. No red flags identified. Financial health grade: A.
How does The Friends Of The Clarksville Montgomery County Public Library spend its money?
The Friends Of The Clarksville Montgomery County Public Library reported $133K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to The Friends Of The Clarksville Montgomery County Public Library tax-deductible?
The Friends Of The Clarksville Montgomery County Public Library is registered as a tax-exempt nonprofit (EIN: 581557594). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is The Friends Of The Clarksville Montgomery County Public Library located?
The Friends Of The Clarksville Montgomery County Public Library is headquartered in Clarksville, Tennessee and files with the IRS under EIN 581557594.
How many years of IRS 990 filings does The Friends Of The Clarksville Montgomery County Public Library have?
The Friends Of The Clarksville Montgomery County Public Library has 12 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 $133K in total revenue.
Filing History
IRS 990 filing history for The Friends Of The Clarksville Montgomery County Public Library showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2013–2024), The Friends Of The Clarksville Montgomery County Public Library's revenue has grown by 32.8%, moving from $111K to $148K. Total assets increased by 105.8% over the same period, from $67K to $138K. Total functional expenses rose by 65.1%, from $70K to $115K. In its most recent filing year (2024), The Friends Of The Clarksville Montgomery County Public Library reported a surplus of $33K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $148K | $115K | $138K | $0 | — | — |
| 2023 | $97K | $105K | $105K | $0 | — | View 990 |
| 2022 | $50K | $91K | $113K | $0 | — | View 990 |
| 2021 | $203K | $90K | $154K | $0 | — | — |
| 2020 | $85K | $90K | $41K | $0 | — | View 990 |
| 2019 | $99K | $125K | $46K | $0 | — | View 990 |
| 2018 | $163K | $140K | $73K | $0 | — | View 990 |
| 2017 | $111K | $126K | $49K | $0 | — | View 990 |
| 2016 | $95K | $129K | $64K | $0 | — | View 990 |
| 2015 | $102K | $103K | $98K | $0 | — | View 990 |
| 2014 | $116K | $83K | $100K | $0 | — | View 990 |
| 2013 | $111K | $70K | $67K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $148K, expenses of $115K, and assets of $138K (revenue +52.8% year-over-year).
- 2023: Revenue of $97K, expenses of $105K, and assets of $105K (revenue +93.2% year-over-year).
- 2022: Revenue of $50K, expenses of $91K, and assets of $113K (revenue -75.3% year-over-year).
- 2021: Revenue of $203K, expenses of $90K, and assets of $154K (revenue +139.6% year-over-year).
- 2020: Revenue of $85K, expenses of $90K, and assets of $41K (revenue -14.5% year-over-year).
- 2019: Revenue of $99K, expenses of $125K, and assets of $46K (revenue -39.2% year-over-year).
- 2018: Revenue of $163K, expenses of $140K, and assets of $73K (revenue +47.4% year-over-year).
- 2017: Revenue of $111K, expenses of $126K, and assets of $49K (revenue +16.0% year-over-year).
- 2016: Revenue of $95K, expenses of $129K, and assets of $64K (revenue -6.1% year-over-year).
- 2015: Revenue of $102K, expenses of $103K, and assets of $98K (revenue -12.2% year-over-year).
- 2014: Revenue of $116K, expenses of $83K, and assets of $100K (revenue +3.9% year-over-year).
- 2013: Revenue of $111K, expenses of $70K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Friends Of The Clarksville Montgomery County Public Library:
Data Sources and Methodology
This transparency report for The Friends Of The Clarksville Montgomery County 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.