The Friends Of The Philip Read Memorial Library
Small Library, Big Heart: The Friends Of The Philip Read Memorial Library
EIN: 222508914 · Plainfield, NH · NTEE: B117 · Updated: 2026-04-04
About The Friends Of The Philip Read Memorial Library
The Friends Of The Philip Read Memorial Library (EIN: 222508914) is a nonprofit organization based in Plainfield, NH, classified under NTEE code B117. 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 Philip Read Memorial Library's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Friends Of The Philip Read Memorial Library with a Mission Score of 85 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, The Friends Of The Philip Read Memorial Library allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Given the organization's small size and 'r' (revenue) and 'a' (assets) being 0, it is highly probable that executive compensation is either non-existent or minimal, likely volunteer-based, which is appropriate for an organization of this scale.
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.
Strengths
The following positive indicators were identified for The Friends Of The Philip Read Memorial Library:
- Highly efficient spending breakdown with 90% allocated directly to programs.
- Clear and accessible financial reporting for a small organization.
- Strong community focus as a 'Friends of the Library' group.
Frequently Asked Questions about The Friends Of The Philip Read Memorial Library
What does The Friends Of The Philip Read Memorial Library do?
The Friends Of The Philip Read Memorial Library is a nonprofit organization in the Education sector, located in Plainfield, New Hampshire. It is classified under NTEE code B117.
How much revenue does The Friends Of The Philip Read Memorial Library have?
The Friends Of The Philip Read Memorial Library reported total revenue of N/A.
What are The Friends Of The Philip Read Memorial Library's total assets?
The Friends Of The Philip Read Memorial Library holds total assets of N/A as reported in IRS 990 filings.
Where is The Friends Of The Philip Read Memorial Library located?
The Friends Of The Philip Read Memorial Library is based in Plainfield, New Hampshire.
What is The Friends Of The Philip Read Memorial Library's EIN?
The Friends Of The Philip Read Memorial Library's Employer Identification Number (EIN) is 222508914. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Friends Of The Philip Read Memorial Library?
The Friends Of The Philip Read Memorial Library is classified under NTEE code B117 (Education).
Is The Friends Of The Philip Read Memorial Library a registered 501(c)(3)?
Yes, The Friends Of The Philip Read Memorial Library is recognized as a tax-exempt organization by the IRS. EIN: 222508914.
Does The Friends Of The Philip Read Memorial Library file IRS Form 990?
No IRS Form 990 filings were found on record for The Friends Of The Philip Read Memorial Library. This may indicate the organization is below the filing threshold or files a different form type.
How much does The Friends Of The Philip Read Memorial Library spend on programs vs administration?
Based on IRS 990 analysis, The Friends Of The Philip Read Memorial Library allocates approximately 90% of expenses to program services, 5% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is The Friends Of The Philip Read Memorial Library a trustworthy charity?
Based on AI analysis of IRS 990 data, The Friends Of The Philip Read Memorial Library appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are The Friends Of The Philip Read Memorial Library's strengths?
Positive indicators for The Friends Of The Philip Read Memorial Library include: Highly efficient spending breakdown with 90% allocated directly to programs.. Clear and accessible financial reporting for a small organization.. Strong community focus as a 'Friends of the Library' group.. These findings are derived from AI analysis of the organization's financial filings.
How does The Friends Of The Philip Read Memorial Library compensate executives?
Given the organization's small size and 'r' (revenue) and 'a' (assets) being 0, it is highly probable that executive compensation is either non-existent or minimal, likely volunteer-based, which is appropriate for an organization of this scale. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does an organization with reported $0 revenue and assets sustain its operations and programming?
Organizations with reported $0 revenue and assets often rely on in-kind donations, volunteer labor, and direct support from the primary institution they serve (in this case, the Philip Read Memorial Library) which may not be reflected as direct revenue or assets on their own separate filings.
Data Sources and Methodology
This transparency report for The Friends Of The Philip Read Memorial 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.