The Sewaren Free Public Library Incorporated
Sewaren Free Public Library: Consistent Community Resource with Financial Stability
EIN: 222210116 · Sewaren, NJ · NTEE: B70 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $412K |
| Total Expenses | $59K |
| Program Spending | 60% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $34K |
| Transparency Score | 75/100 |
Is The Sewaren Free Public Library Incorporated Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Sewaren Free Public Library Incorporated directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About The Sewaren Free Public Library Incorporated
The Sewaren Free Public Library Incorporated (EIN: 222210116) is a nonprofit organization based in Sewaren, NJ, classified under NTEE code B70. The organization reported total revenue of $412K and total assets of $395K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Sewaren Free Public Library Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Sewaren Free Public Library Incorporated is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $23K |
| Total Expenses | $59K |
| Surplus / Deficit | $-35,893 |
| Total Assets | $35K |
| Total Liabilities | $829 |
| Net Assets | $34K |
| Operating Margin | -158.7% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 7.2 months |
Financial Health Grade: B
In 2023, The Sewaren Free Public Library Incorporated reported a deficit of $36K with expenses exceeding revenue, holds 7.2 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Sewaren Free Public Library Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.8% | +77.2% | -50.4% |
| 2022 | -41.9% | +283.4% | -9.5% |
| 2021 | +0.5% | -72.1% | +76.5% |
| 2020 | +90.0% | +31.0% | +33.0% |
| 2019 | +2.6% | -12.6% | -0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1999 |
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 Sewaren Free Public Library Incorporated with a Mission Score of 75 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: 20%
- programs: 60%
- fundraising: 20%
According to IRS 990 filings, The Sewaren Free Public Library Incorporated allocates its expenses as follows: admin: 20%, programs: 60%, fundraising: 20%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.3%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or very lean administrative structure.
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 Sewaren Free Public Library Incorporated:
- Consistent revenue generation over several years, demonstrating stable community support.
- Healthy asset base relative to revenue, suggesting good financial management.
- Zero reported executive compensation, indicating efficient use of funds for mission-related activities.
- Low liabilities, reflecting a strong financial position.
Frequently Asked Questions about The Sewaren Free Public Library Incorporated
Is The Sewaren Free Public Library Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, The Sewaren Free Public Library Incorporated (EIN: 222210116) appears legitimate. Mission Score: 75/100. 0 red flags identified, 4 strengths noted.
How does The Sewaren Free Public Library Incorporated spend its money?
The Sewaren Free Public Library Incorporated directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Sewaren Free Public Library Incorporated tax-deductible?
The Sewaren Free Public Library Incorporated is registered as a tax-exempt nonprofit (EIN: 222210116). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Sewaren Free Public Library Incorporated CEO make?
The Sewaren Free Public Library Incorporated's highest-compensated officer earns $0 annually. The organization reported $412K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Sewaren Free Public Library Incorporated's spending goes to programs?
The Sewaren Free Public Library Incorporated directs 60% to programs, 20% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does The Sewaren Free Public Library Incorporated compare to similar nonprofits?
With a transparency score of 75/100 (Good), The Sewaren Free Public Library Incorporated is above average for NTEE category B70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Sewaren Free Public Library Incorporated located?
The Sewaren Free Public Library Incorporated is headquartered in Sewaren, New Jersey and files with the IRS under EIN 222210116. It is classified under NTEE code B70.
How many years of IRS 990 filings does The Sewaren Free Public Library Incorporated have?
The Sewaren Free Public Library Incorporated 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 $412K in total revenue.
What does The Sewaren Free Public Library Incorporated do?
The Sewaren Free Public Library Incorporated is a nonprofit organization in the Education sector, located in Sewaren, New Jersey. It is classified under NTEE code B70.
How much revenue does The Sewaren Free Public Library Incorporated have?
The Sewaren Free Public Library Incorporated reported total revenue of $411,749. Based on 13 IRS 990 filings on record.
What are The Sewaren Free Public Library Incorporated's total assets?
The Sewaren Free Public Library Incorporated holds total assets of $395,446 as reported in IRS 990 filings.
Where is The Sewaren Free Public Library Incorporated located?
The Sewaren Free Public Library Incorporated is based in Sewaren, New Jersey.
What is The Sewaren Free Public Library Incorporated's EIN?
The Sewaren Free Public Library Incorporated's Employer Identification Number (EIN) is 222210116. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Sewaren Free Public Library Incorporated?
The Sewaren Free Public Library Incorporated is classified under NTEE code B70 (Education).
Is The Sewaren Free Public Library Incorporated a registered 501(c)(3)?
Yes, The Sewaren Free Public Library Incorporated is recognized as a tax-exempt organization by the IRS. EIN: 222210116.
Does The Sewaren Free Public Library Incorporated file IRS Form 990?
Yes, The Sewaren Free Public Library Incorporated has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was The Sewaren Free Public Library Incorporated's revenue in 2023?
In the 202306 filing period, The Sewaren Free Public Library Incorporated reported total revenue of $22,619, total expenses of $58,512, and net assets of $35,299.
Is The Sewaren Free Public Library Incorporated's revenue growing or declining?
The Sewaren Free Public Library Incorporated's revenue is declining. Revenue went from $24,788 (202206) to $22,619 (202306), a -8.8% change. Based on 13 filings on record.
What is The Sewaren Free Public Library Incorporated's most recent 990 filing?
The most recent IRS Form 990 filing for The Sewaren Free Public Library Incorporated covers tax period 202306. It shows revenue of $22,619, expenses of $58,512, total assets of $35,299, and liabilities of $829.
How much does The Sewaren Free Public Library Incorporated spend on programs vs administration?
Based on IRS 990 analysis, The Sewaren Free Public Library Incorporated allocates approximately 60% of expenses to program services, 20% to administrative costs, and 20% to fundraising. Program spending is moderate relative to overhead.
Is The Sewaren Free Public Library Incorporated a trustworthy charity?
Based on AI analysis of IRS 990 data, The Sewaren Free Public Library Incorporated appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 4 strengths noted.
What are The Sewaren Free Public Library Incorporated's strengths?
Positive indicators for The Sewaren Free Public Library Incorporated include: Consistent revenue generation over several years, demonstrating stable community support.. Healthy asset base relative to revenue, suggesting good financial management.. Zero reported executive compensation, indicating efficient use of funds for mission-related activities.. Low liabilities, reflecting a strong financial position.. These findings are derived from AI analysis of the organization's financial filings.
How does The Sewaren Free Public Library Incorporated compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or very lean administrative structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is The Sewaren Free Public Library Incorporated?
- Financial statements are publicly available through IRS Form 990 filings. - The organization consistently reports zero compensation for officers, directors, trustees, and key employees. - Detailed breakdowns of expenses are provided, showing consistent allocation to program services. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
How does the library sustain operations with zero reported executive compensation?
The library likely relies heavily on volunteer staff, part-time employees whose compensation falls below reporting thresholds, or a very lean operational model where administrative functions are absorbed by other roles or volunteers. This allows a greater proportion of funds to be directed towards library services.
What is the trend in the library's net assets over the past five years?
The library's net assets have shown a positive trend, increasing from $33,485 in 2019 to $39,5446 in 2023, indicating financial growth and stability.
Filing History
IRS 990 filing history for The Sewaren Free Public Library Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Sewaren Free Public Library Incorporated's revenue has grown by 13.5%, moving from $20K to $23K. Total assets decreased by 16.4% over the same period, from $42K to $35K. Total functional expenses rose by 219.1%, from $18K to $59K. In its most recent filing year (2023), The Sewaren Free Public Library Incorporated reported a deficit of $36K, with expenses exceeding revenue. The organization holds $829 in liabilities against $35K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $34K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $23K | $59K | $35K | $829 | — | View 990 |
| 2022 | $25K | $33K | $71K | $759 | — | View 990 |
| 2021 | $43K | $9K | $79K | $0 | — | View 990 |
| 2020 | $42K | $31K | $45K | $0 | — | View 990 |
| 2019 | $22K | $24K | $33K | $568 | — | View 990 |
| 2018 | $22K | $27K | $34K | $459 | — | View 990 |
| 2017 | $25K | $24K | $39K | $452 | — | View 990 |
| 2016 | $22K | $21K | $37K | $454 | — | View 990 |
| 2015 | $21K | $25K | $35K | $420 | — | View 990 |
| 2014 | $22K | $21K | $39K | $427 | — | View 990 |
| 2013 | $21K | $22K | $38K | $622 | — | View 990 |
| 2012 | $22K | $25K | $39K | $476 | — | View 990 |
| 2011 | $20K | $18K | $42K | $454 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $23K, expenses of $59K, and assets of $35K (revenue -8.8% year-over-year).
- 2022: Revenue of $25K, expenses of $33K, and assets of $71K (revenue -41.9% year-over-year).
- 2021: Revenue of $43K, expenses of $9K, and assets of $79K (revenue +0.5% year-over-year).
- 2020: Revenue of $42K, expenses of $31K, and assets of $45K (revenue +90.0% year-over-year).
- 2019: Revenue of $22K, expenses of $24K, and assets of $33K (revenue +2.6% year-over-year).
- 2018: Revenue of $22K, expenses of $27K, and assets of $34K (revenue -13.6% year-over-year).
- 2017: Revenue of $25K, expenses of $24K, and assets of $39K (revenue +16.4% year-over-year).
- 2016: Revenue of $22K, expenses of $21K, and assets of $37K (revenue +1.0% year-over-year).
- 2015: Revenue of $21K, expenses of $25K, and assets of $35K (revenue -3.2% year-over-year).
- 2014: Revenue of $22K, expenses of $21K, and assets of $39K (revenue +8.0% year-over-year).
- 2013: Revenue of $21K, expenses of $22K, and assets of $38K (revenue -8.1% year-over-year).
- 2012: Revenue of $22K, expenses of $25K, and assets of $39K (revenue +12.2% year-over-year).
- 2011: Revenue of $20K, expenses of $18K, and assets of $42K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Sewaren Free Public Library Incorporated:
Data Sources and Methodology
This transparency report for The Sewaren Free Public Library Incorporated 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.