Greene County Library EIN 58-1955166

Greene County Library

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Offers books, media, and a children's reading program for public access and enjoyment. For fiscal year 2024 it reported $844K in revenue, $804K in expenses, and $2.1M in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Paragould, AR
Website
www.mylibrarynow.org/greene
Filings
5 on file (2020–2024)
Revenue
$844KFY2024
Expenses
$804K
Net assets
$2.1M
People
6
Filings
5
Updates
0
More identity details & actions ⌄
EIN  58-1955166 Public charity (501(c)(3)) Paragould, AR
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers books, media, and a children's reading program for public access and enjoyment.
Leadership
Mike Rogers · Director · $83K
Money in and out
$844K revenue, $804K expenses
Bottom line
17% program efficiency
Where the money goes · FY2024
Total revenue
$844K
Pt VIII · Ln 12
Total expenses
$804K
Pt IX · Ln 25
Net assets
$2.1M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $40K
Where spending went · Part IX cols B–D
Program services $0.17 Management & general $0.83
Program efficiency
17%
of spending reaches programs▲ +29% vs prior filing year
Operating runway
15.6mo
months of highly liquid reserves at operating expense rate▼ -18% vs prior filing year
Surplus margin
+5%
revenue over expenses, this year▼ -73% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$844K
FY2024▲ +5%
Expenses
$804K
FY2024▲ +22%
Total assets
$2.1M
FY2024▲ +2%
Total liabilities
$0
FY2024
Total revenue
$844K
Pt VIII · Ln 12
Total expenses
$804K
Pt IX · Ln 25
Net assets
$2.1M
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$40K
Total assetsPt X · Ln 16$2.1M
Program-expense ratioPt IX · col B17%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

2 program services account for $140K of program spending, described in the organization's own filed words · FY2024.
01

Greene county library strives to maintain a current collection of materials - books, periodicals, magazines, reference materials, cds and videos - for use by the general public. These materials are used for various purposes ranging from education to leisure. Literacy is at the core of it all. During 2024 the library had 54,464 visits.

$136Kprogram expense
02

Greene county library provides a children's reading program at their facility. The number of children served in 2024 were 3,497. This included a variety of in-person children's storytime ACTIVITIES.THE library continues to support the charlie may simon reading program (used in the public schools as well).

$3Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CGreene County Library
EINHdr · item D58-1955166
Principal addressHdr · item CParagould, AR
WebsiteHdr · item Jwww.mylibrarynow.org/greene
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAR
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B71Z)
Ruling yearIRS BMFFeb 1992

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$82,785Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Mike Rogers’s $83K as Director is at the 74th 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

NameFY2024FY2023FY2022FY2021FY2020
Mike Rogers$82,785$79,120$81,779$75,094$73,161

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$810K · 96%
Investment income$20K · 2%
Program service revenue$12K · 1%
Contributions & grants96%$810K
Investment income2%$20K
Program service revenue1%$12K
Other revenue$2K
Total revenueLn 12$844K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.17 Management & general $0.83
Program services17%$140K
Management & general83%$664K
Total functional expensesLn 25$804K

Balance Sheet

Part X · end of year
CashLn 1$1.0M
Total assetsLn 16$2.1M
Total liabilitiesLn 26$0
Total net assetsLn 32$2.1M
Months of cash on handcomputed15.6

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $1.0M · Operating expenses/yr $804K
15.6 months
Where the money goes
Program services
Program services $140K · Total expenses $804K
17%
Management & General
Management & general $664K · Total expenses $804K
83%
Fundraising
Fundraising $0 · Total expenses $804K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $755K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $810K · Total revenue $844K
96%
Government reliance
Government grants — · Total revenue $844K
Earned-income share
Program service revenue $12K · Total revenue $844K
1%
Investment reliance
Investment income $20K · Total revenue $844K
+2%
Program self-sufficiency
Program service revenue $12K · Total expenses $804K
2%
Growth & trend
Revenue growth (YoY)
This year $844K · Prior year $802K
+5%
Revenue CAGR
FY2020 $647K · FY2024 $844K
+7%
Net-asset trend (YoY)
End of year $2.1M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $844K · Expenses $804K
+5%
Liabilities-to-Assets
Total liabilities — · Total assets $2.1M
Net-asset ratio
Net assets $2.1M · Total assets $2.1M
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $2.1M
0%
People & payroll
Highest Reported Total Compensation
Individual Mike Rogers · Reported title Director · Highest reported compensation $83K · Total expenses $804K
10%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $489K · Total expenses $804K
61%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 17%
Overhead ratio 83%
Fundraising cost ratio 0%
Revenue growth 5%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0.5%
Fundraising fee ratio 0%

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 1 funder$49K

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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
FY2024 (Latest)$844K revenue · viewing · ⤓ 990 PDF
FY2023$802K revenue · ⤓ 990 PDF
FY2022$673K revenue · ⤓ 990 PDF
FY2021$684K revenue · ⤓ 990 PDF
FY2020$647K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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