Charles E Fraser Library
Only null% goes to programs Strong reserves
Charles E Fraser Library is a 501(c)(3) organization based in Cedar Mtn, North Carolina, registered in 2004, with $15,665 in FY2024 revenue. CharityIndex grades it C.
100 Kayak Cove Rd, Cedar Mtn, NC, 28718 EIN 20-1104014 Since 2004
Revenue (FY2024)
$16K
▼ 6.2% vs prior year
Education median: $200K
Expenses (FY2024)
$18K
Net assets
$608K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Charles E Fraser Library— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating402 mo reserves · -16% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Charles E Fraser Library: 402 mo reserves · -16% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Charles E Fraser Library— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Charles E Fraser Library: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 100 Kayak Cove Rd, Cedar Mtn, NC, 28718
- City
- Cedar Mtn
- State
- North Carolina
- Category
- Education
- Subcategory
- Libraries
Financial trends
Revenue grew from $14K (FY2013) to $16K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $13KNet assets $608K
Operating margin
-15.9%
Spent more than it raised in the latest fiscal year.
Total assets
$621K
Total liabilities
$13K
Net assets
$608K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $15,665▼6.2% | $18,151▲36.8% | $608,038▼0.4% | $620,766▼0.4% | 990 |
| 2023 | $16,700▲476% | $13,271▲398% | $610,524▲0.6% | $623,252▲0.6% | 990 |
| 2022 | $2,900▲119% | $2,666▼27.3% | $607,095 | $619,823 | 990 |
| 2021 | -$15,609▼2702% | $3,669▲137% | $606,861▼3.1% | $619,589▼3.0% | 990 |
| 2020 | $600▼88.3% | $1,548▼60.7% | $626,139▼0.2% | $638,867▼0.1% | 990 |
| 2019 | $5,107▲3.2% | $3,937▼14.9% | $627,086▲0.2% | $639,814▲0.2% | 990 |
| 2018 | $4,950▲144% | $4,629▲79.3% | $625,916▲0.1% | $638,644▲0.1% | 990 |
| 2017 | $2,025▼69.1% | $2,581▼58.6% | $625,595▼0.1% | $638,323▼0.1% | 990 |
| 2016 | $6,559▼59.8% | $6,241▼61.9% | $626,152▲0.1% | $638,880 | 990 |
| 2015 | $16,318▲38.3% | $16,385▲34.3% | $625,833 | $638,561 | 990 |
| 2014 | $11,800▼12.6% | $12,196▼20.5% | $625,900▼0.1% | $638,628▼0.1% | 990 |
| 2013 | $13,500 | $15,347▼64.3% | $626,295▼0.3% | $639,023▲1.7% | 990 |
| 2012 | — | $43,005▲0.7% | $628,142▲92.8% | $628,142▲92.6% | 990 |
| 2011 | — | $42,696▼29.7% | $325,834▼6.5% | $326,189▼6.4% | 990 |
| 2010 | — | $60,715 | $348,444 | $348,444 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Frequently asked questions
- Is Charles E Fraser Library a legitimate nonprofit?
- Yes. Charles E Fraser Library is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-1104014, based in Cedar Mtn, North Carolina. Donations are tax-deductible.
- What is Charles E Fraser Library's EIN?
- Charles E Fraser Library's Employer Identification Number (EIN) is 20-1104014.
- How much revenue does Charles E Fraser Library report?
- Charles E Fraser Library reported $15,665 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Charles E Fraser Library have?
- CharityIndex grades Charles E Fraser Library C, based on financial health (reserves and operating margin).
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Data for Charles E Fraser Library (EIN 20-1104014) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.