Summit County Library Foundation FY2023 filing
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Supports the library system financially for unexpected needs and capital projects. For fiscal year 2023 it reported $173K in revenue, $12K in expenses, and $782K in net assets.Pt I
Summary of the Filing
Where the work happens
Summit county library foundation is currently receiving donations toward the completion of the north branch library expansion and remodel building project. The foundation is at 70% of its goal to reach 1.0 million in fundraising.
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Identity & Classification
Governance & Policies
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Overhead ratio | 25% | — | — |
| Fundraising cost ratio | 5% | — | — |
| Revenue growth | -53% | — | — |
| Accounting fee ratio | 15% | — | — |
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.
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