The Friends Of The Gilford Public Library
The Friends Of The Gilford Public Library reports $0 revenue and assets in its latest filing, indicating dormancy or minimal operations.
EIN: 20336837 · Gilford, NH · NTEE: A76Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $14K |
| Program Spending | 85% |
| Net Assets | $67K |
| Transparency Score | 65/100 |
Is The Friends Of The Gilford Public Library Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Friends Of The Gilford Public Library directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Friends Of The Gilford Public Library
The Friends Of The Gilford Public Library (EIN: 20336837) is a nonprofit organization based in Gilford, NH, classified under NTEE code A76Z. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Friends Of The Gilford 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 Gilford Public Library is a micro nonprofit that has been operating for 29 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $14K |
| Surplus / Deficit | $-134 |
| Total Assets | $67K |
| Total Liabilities | $150 |
| Net Assets | $67K |
| Operating Margin | -1.0% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 58.3 months |
Financial Health Grade: B
In 2015, The Friends Of The Gilford Public Library reported a deficit of $134 with expenses exceeding revenue, holds 58.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), The Friends Of The Gilford Public Library's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -18.1% | -30.4% | -0.2% |
| 2014 | -85.5% | +20.9% | -4.5% |
| 2013 | +609.9% | +31.6% | -1.1% |
| 2012 | +17.4% | -39.9% | +5.5% |
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 The Friends Of The Gilford Public Library with a Mission Score of 65 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, The Friends Of The Gilford Public Library allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $134, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's officers are unpaid volunteers, which is typical for a small, community-focused nonprofit.
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 The Friends Of The Gilford Public Library's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential dormancy or cessation of operations.
- Significant decline in financial activity from previous years to the latest filing.
Strengths
The following positive indicators were identified for The Friends Of The Gilford Public Library:
- Consistent reporting of 0% officer compensation, indicating volunteer leadership.
- Historically maintained a modest asset base prior to the latest filing.
- Consistent IRS 990 filing history, demonstrating transparency.
Frequently Asked Questions about The Friends Of The Gilford Public Library
Is The Friends Of The Gilford Public Library a legitimate charity?
Based on AI analysis of IRS 990 filings, The Friends Of The Gilford Public Library (EIN: 20336837) some concerns. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
How does The Friends Of The Gilford Public Library spend its money?
The Friends Of The Gilford Public Library directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Friends Of The Gilford Public Library tax-deductible?
The Friends Of The Gilford Public Library is registered as a tax-exempt nonprofit (EIN: 20336837). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Friends Of The Gilford Public Library's spending goes to programs?
The Friends Of The Gilford Public Library directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Friends Of The Gilford Public Library compare to similar nonprofits?
With a transparency score of 65/100 (Good), The Friends Of The Gilford Public Library is above average for NTEE category A76Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Friends Of The Gilford Public Library located?
The Friends Of The Gilford Public Library is headquartered in Gilford, New Hampshire and files with the IRS under EIN 20336837. It is classified under NTEE code A76Z.
How many years of IRS 990 filings does The Friends Of The Gilford Public Library have?
The Friends Of The Gilford Public Library has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is The Friends Of The Gilford Public Library currently active?
The latest IRS 990 filing showing $0 in revenue and assets suggests the organization may be dormant or operating with extremely limited activity. Further inquiry would be needed to confirm its current operational status.
What caused the significant revenue spike in 2013?
In 2013, the organization reported $114,618 in revenue, significantly higher than other years. This could be due to a major fundraising event, a large one-time donation, or a specific grant, but the filings do not provide further detail.
How does the organization fund its activities if current revenue is $0?
With the latest filing showing $0 in revenue, it's unclear how the organization would be funding any activities. It's possible they are drawing from past reserves, or operations have ceased.
Filing History
IRS 990 filing history for The Friends Of The Gilford Public Library showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), The Friends Of The Gilford Public Library's revenue has declined by 0.7%, moving from $14K to $14K. Total assets decreased by 0.6% over the same period, from $67K to $67K. Total functional expenses fell by 33.4%, from $21K to $14K. In its most recent filing year (2015), The Friends Of The Gilford Public Library reported a deficit of $134, with expenses exceeding revenue. The organization holds $150 in liabilities against $67K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $67K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $14K | $14K | $67K | $150 | — | View 990 |
| 2014 | $17K | $20K | $67K | $150 | — | View 990 |
| 2013 | $115K | $16K | $70K | $150 | — | View 990 |
| 2012 | $16K | $12K | $71K | $99K | — | View 990 |
| 2011 | $14K | $21K | $67K | $99K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $14K, expenses of $14K, and assets of $67K (revenue -18.1% year-over-year).
- 2014: Revenue of $17K, expenses of $20K, and assets of $67K (revenue -85.5% year-over-year).
- 2013: Revenue of $115K, expenses of $16K, and assets of $70K (revenue +609.9% year-over-year).
- 2012: Revenue of $16K, expenses of $12K, and assets of $71K (revenue +17.4% year-over-year).
- 2011: Revenue of $14K, expenses of $21K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Friends Of The Gilford Public Library:
Data Sources and Methodology
This transparency report for The Friends Of The Gilford 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.