Trustees Of The Free Public Library Of The Township Of Montville
Montville Public Library: Consistent Operations, Modest Growth
EIN: 222952188 · Montville, NJ · NTEE: B700 · Updated: 2026-04-04
Is Trustees Of The Free Public Library Of The Township Of Montville Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Trustees Of The Free Public Library Of The Township Of Montville directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Trustees Of The Free Public Library Of The Township Of Montville
Trustees Of The Free Public Library Of The Township Of Montville (EIN: 222952188) is a nonprofit organization based in Montville, NJ, classified under NTEE code B700. The organization reported total revenue of $2.0M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trustees Of The Free Public Library Of The Township Of Montville's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trustees Of The Free Public Library Of The Township Of Montville is a mid-size nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.6M |
| Surplus / Deficit | +$181K |
| Total Assets | $2.3M |
| Total Liabilities | $1.3M |
| Net Assets | $948K |
| Operating Margin | 9.9% |
| Debt-to-Asset Ratio | 58.2% |
| Months of Reserves | 16.6 months |
Financial Health Grade: A
In 2023, Trustees Of The Free Public Library Of The Township Of Montville reported a surplus of $181K with revenue exceeding expenses, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 58.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trustees Of The Free Public Library Of The Township Of Montville's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.1% | -1.8% | +5.5% |
| 2022 | +2.5% | +5.5% | +7.1% |
| 2021 | +1.8% | +5.5% | +18.3% |
| 2020 | -1.2% | -9.6% | +17.8% |
| 2019 | -1.5% | -0.2% | +11.8% |
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 Trustees Of The Free Public Library Of The Township Of Montville 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Trustees Of The Free Public Library Of The Township Of Montville 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $181K, with revenue exceeding expenses.
- Debt-to-asset ratio: 58.2%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting a volunteer board or that compensation for key roles is covered by a different entity, which is a positive for donor funds.
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 Trustees Of The Free Public Library Of The Township Of Montville:
- Consistent revenue and expense levels over the past several years demonstrate stable operations.
- Healthy asset growth from $1,084,184 in 2017 to $2,445,971 in 2023 indicates sound financial management and increasing reserves.
- The organization consistently reports 0% compensation for officers, directors, trustees, and key employees, which is a strong indicator of efficient use of funds.
Frequently Asked Questions about Trustees Of The Free Public Library Of The Township Of Montville
Is Trustees Of The Free Public Library Of The Township Of Montville a legitimate charity?
Based on AI analysis of IRS 990 filings, Trustees Of The Free Public Library Of The Township Of Montville (EIN: 222952188) appears legitimate. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
How does Trustees Of The Free Public Library Of The Township Of Montville spend its money?
Trustees Of The Free Public Library Of The Township Of Montville directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Trustees Of The Free Public Library Of The Township Of Montville tax-deductible?
Trustees Of The Free Public Library Of The Township Of Montville is registered as a tax-exempt nonprofit (EIN: 222952188). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Trustees Of The Free Public Library Of The Township Of Montville do?
Trustees Of The Free Public Library Of The Township Of Montville is a nonprofit organization in the Education sector, located in Montville, New Jersey. It is classified under NTEE code B700.
How much revenue does Trustees Of The Free Public Library Of The Township Of Montville have?
Trustees Of The Free Public Library Of The Township Of Montville reported total revenue of $1,966,051. Based on 13 IRS 990 filings on record.
What are Trustees Of The Free Public Library Of The Township Of Montville's total assets?
Trustees Of The Free Public Library Of The Township Of Montville holds total assets of $2,445,971 as reported in IRS 990 filings.
Where is Trustees Of The Free Public Library Of The Township Of Montville located?
Trustees Of The Free Public Library Of The Township Of Montville is based in Montville, New Jersey.
What is Trustees Of The Free Public Library Of The Township Of Montville's EIN?
Trustees Of The Free Public Library Of The Township Of Montville's Employer Identification Number (EIN) is 222952188. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Trustees Of The Free Public Library Of The Township Of Montville?
Trustees Of The Free Public Library Of The Township Of Montville is classified under NTEE code B700 (Education).
Is Trustees Of The Free Public Library Of The Township Of Montville a registered 501(c)(3)?
Yes, Trustees Of The Free Public Library Of The Township Of Montville is recognized as a tax-exempt organization by the IRS. EIN: 222952188.
Does Trustees Of The Free Public Library Of The Township Of Montville file IRS Form 990?
Yes, Trustees Of The Free Public Library Of The Township Of Montville has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Trustees Of The Free Public Library Of The Township Of Montville's revenue in 2023?
In the 202312 filing period, Trustees Of The Free Public Library Of The Township Of Montville reported total revenue of $1,825,635, total expenses of $1,645,088, and net assets of $2,269,876.
Is Trustees Of The Free Public Library Of The Township Of Montville's revenue growing or declining?
Trustees Of The Free Public Library Of The Township Of Montville's revenue is relatively stable. Revenue went from $1,753,339 (202212) to $1,825,635 (202312), a +4.1% change. Based on 13 filings on record.
What is Trustees Of The Free Public Library Of The Township Of Montville's most recent 990 filing?
The most recent IRS Form 990 filing for Trustees Of The Free Public Library Of The Township Of Montville covers tax period 202312. It shows revenue of $1,825,635, expenses of $1,645,088, total assets of $2,269,876, and liabilities of $1,322,181.
How much does Trustees Of The Free Public Library Of The Township Of Montville spend on programs vs administration?
Based on IRS 990 analysis, Trustees Of The Free Public Library Of The Township Of Montville allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Trustees Of The Free Public Library Of The Township Of Montville a trustworthy charity?
Based on AI analysis of IRS 990 data, Trustees Of The Free Public Library Of The Township Of Montville appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Trustees Of The Free Public Library Of The Township Of Montville's strengths?
Positive indicators for Trustees Of The Free Public Library Of The Township Of Montville include: Consistent revenue and expense levels over the past several years demonstrate stable operations.. Healthy asset growth from $1,084,184 in 2017 to $2,445,971 in 2023 indicates sound financial management and increasing reserves.. The organization consistently reports 0% compensation for officers, directors, trustees, and key employees, which is a strong indicator of efficient use of funds.. These findings are derived from AI analysis of the organization's financial filings.
How does Trustees Of The Free Public Library Of The Township Of Montville compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting a volunteer board or that compensation for key roles is covered by a different entity, which is a positive for donor funds. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent 0% compensation reported for key personnel, how are the operational leadership and management roles fulfilled and funded?
The consistent reporting of $0 for officer, director, trustee, and key employee compensation suggests that leadership roles are either entirely volunteer-based or that the compensation for these roles is managed and funded by a separate municipal entity, as is common for public libraries.
Filing History
IRS 990 filing history for Trustees Of The Free Public Library Of The Township Of Montville showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trustees Of The Free Public Library Of The Township Of Montville's revenue has grown by 2.3%, moving from $1.8M to $1.8M. Total assets increased by 290.9% over the same period, from $581K to $2.3M. Total functional expenses fell by 41.8%, from $2.8M to $1.6M. In its most recent filing year (2023), Trustees Of The Free Public Library Of The Township Of Montville reported a surplus of $181K, with revenue exceeding expenses. The organization holds $1.3M in liabilities against $2.3M in assets (debt-to-asset ratio: 58.2%), resulting in net assets of $948K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.6M | $2.3M | $1.3M | — | — |
| 2022 | $1.8M | $1.7M | $2.2M | $1.4M | — | View 990 |
| 2021 | $1.7M | $1.6M | $2.0M | $1.3M | — | View 990 |
| 2020 | $1.7M | $1.5M | $1.7M | $1.2M | — | View 990 |
| 2019 | $1.7M | $1.7M | $1.4M | $1.2M | — | View 990 |
| 2018 | $1.7M | $1.7M | $1.3M | $1.0M | — | View 990 |
| 2017 | $1.7M | $1.6M | $1.1M | $882K | — | View 990 |
| 2016 | $1.7M | $1.6M | $1.1M | $797K | — | View 990 |
| 2015 | $1.7M | $1.7M | $845K | $438K | — | View 990 |
| 2014 | $1.6M | $1.7M | $458K | $51K | — | View 990 |
| 2013 | $1.7M | $1.7M | $546K | $111K | — | View 990 |
| 2012 | $1.7M | $1.7M | $629K | $176K | — | View 990 |
| 2011 | $1.8M | $2.8M | $581K | $165K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.6M, and assets of $2.3M (revenue +4.1% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.7M, and assets of $2.2M (revenue +2.5% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.6M, and assets of $2.0M (revenue +1.8% year-over-year).
- 2020: Revenue of $1.7M, expenses of $1.5M, and assets of $1.7M (revenue -1.2% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.7M, and assets of $1.4M (revenue -1.5% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.7M, and assets of $1.3M (revenue +0.8% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.6M, and assets of $1.1M (revenue +3.5% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.6M, and assets of $1.1M (revenue -0.7% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.7M, and assets of $845K (revenue +2.0% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.7M, and assets of $458K (revenue -1.6% year-over-year).
- 2013: Revenue of $1.7M, expenses of $1.7M, and assets of $546K (revenue -3.3% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $629K (revenue -3.8% year-over-year).
- 2011: Revenue of $1.8M, expenses of $2.8M, and assets of $581K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trustees Of The Free Public Library Of The Township Of Montville:
Data Sources and Methodology
This transparency report for Trustees Of The Free Public Library Of The Township Of Montville 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.