Geauga County Library Foundation EIN 34-1639704

Geauga County Library Foundation

EIN  34-1639704 Public charity (501(c)(3)) Chardon, OH
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Supports the Geauga County Public Library with resources and services.
Leadership
Sue Atkinson · Treasurer
Money in and out
$207K revenue, $106K expenses
Bottom line
91% program efficiency

Supports the Geauga County Public Library with resources and services. For fiscal year 2025 it reported $207K in revenue, $106K in expenses, and $458K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$207K
Pt VIII · Ln 12
Total expenses
$106K
Pt IX · Ln 25
Net assets
$458K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $101K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.07 Fundraising $0.01
Program efficiency
91%
of spending reaches programs
Operating runway
55.3mo
months of highly liquid reserves at operating expense rate▲ +15% vs prior filing year
Surplus margin
+49%
revenue over expenses, this year▲ +25% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$207K
FY2025▲ +42%
Total revenue
$207K
Pt VIII · Ln 12
Total expenses
$106K
Pt IX · Ln 25
Net assets
$458K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$101K
Total assetsPt X · Ln 16$458K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

2 program services account for $97K of program spending, described in the organization's own filed words · FY2025.
01

Assist geauga county public library.

$86Kprogram expense
02

Dolly parton (dpil)

$11Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGeauga County Library Foundation
EINHdr · item D34-1639704
Principal addressHdr · item CChardon, OH
WebsiteHdr · item Jgeaugalibrary.net
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B70)
Ruling yearIRS BMFSep 1991

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Treasurer
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Co-President
$0Pt VII · Sec A
Co-President
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Rebecca Gierman’s $30K as Executive Director is at the 23rd percentile of top reported officer pay among 1616 $100K–1M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2021FY2020
Rebecca Gierman$30,440$29,150

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$142K · 68%
Other revenue$44K · 21%
Investment income$22K · 11%
Contributions & grants68%$142K
Other revenue21%$44K
Investment income11%$22K
Total revenueLn 12$207K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.07 Fundraising $0.01
Program services91%$97K
Management & general7%$8K
Fundraising1%$1K
Total functional expensesLn 25$106K

Balance Sheet

Part X · end of year
CashLn 1$448K
Total assetsLn 16$458K
Total liabilitiesLn 26$595
Total net assetsLn 32$458K
Months of cash on handcomputed50.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $448K · Operating expenses (Pt IX) $106K · Less non-cash grants $9K · Cash operating expenses/yr $97K
55.3 months
Where the money goes
Program services
Program services $97K · Total expenses $106K
91%
Management & General
Management & general $8K · Total expenses $106K
7%
Fundraising
Fundraising $1K · Total expenses $106K
1%
Cost to raise $1
Fundraising expense $1K · Solicited contributions $142K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $142K · Total revenue $207K
68%
Government reliance
Government grants — · Total revenue $207K
Earned-income share
Program service revenue $0 · Total revenue $207K
0%
Investment reliance
Investment income $22K · Total revenue $207K
+11%
Program self-sufficiency
Program service revenue $0 · Total expenses $106K
0%
Growth & trend
Revenue growth (YoY)
This year $207K · Prior year $146K
+42%
Revenue CAGR
FY2020 $58K · FY2025 $207K
+29%
Net-asset trend (YoY)
End of year $458K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $207K · Expenses $106K
+49%
Liabilities-to-Assets
Total liabilities — · Total assets $458K
Net-asset ratio
Net assets $458K · Total assets $458K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $458K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Sue Atkinson · Reported title TREASURER · Highest reported compensation $0 · Total expenses $106K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $106K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 7%
Fundraising cost ratio 1%
Revenue growth 42%
Accounting fee ratio 1%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$5K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$207K revenue · viewing · ⤓ 990 PDF
FY2024$146K revenue · ⤓ 990 PDF
FY2023$85K revenue · ⤓ 990 PDF
FY2022$89K revenue · ⤓ 990 PDF
FY2021$64K revenue · ⤓ 990 PDF
FY2020$58K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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