Civic Intelligence

Reed Memorial Library Foundationinc

EIN 27-0459315 • 501(c)3 • Ravenna, OH

Profile

Support reed memorial library ravenna, ohio, through assistance for projects undertan by library.

PO Box 788Ravenna, OH 44266

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

11th percentile

-78%

Higher net margin than 11% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

40th percentile

-9.3%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

32nd percentile

-23%

Faster revenue growth than 32% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$126,166

Down $12,984 (-9.3%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$126,166

Down $12,984 (-9.3%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin11th percentile

Revenue

Down

$16,660

Down $4,924 (-23%) from 2023

Expenses

Up

$29,643

Up $27,889 (+1590%) from 2023

Net Income

Down

-$12,983

Down $32,813 (-165%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth40th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2015: $15,519Net Assets 2015: $15,5192015Assets 2018: $34,813Net Assets 2018: $34,8132018Assets 2019: $41,685Net Assets 2019: $41,6852019Assets 2020: $119,576Net Assets 2020: $119,5762020Assets 2021: $132,677Net Assets 2021: $132,6772021Assets 2022: $119,320Net Assets 2022: $119,3202022Assets 2023: $139,150Net Assets 2023: $139,1502023Assets 2024: $126,166Net Assets 2024: $126,1662024

Highlighted filing

2024

Assets$126,166
Liabilities-
Net Assets$126,166
Open 2024 Filing

Operations Trend

Revenue Growth32nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2015: $3,776Expenses 2015: $555Net Income 2015: $3,2212015Revenue 2018: $22,110Expenses 2018: $486Net Income 2018: $21,6242018Revenue 2019: $6,037Expenses 2019: $405Net Income 2019: $5,6322019Revenue 2020: $78,562Expenses 2020: $671Net Income 2020: $77,8912020Revenue 2021: $12,074Expenses 2021: $1,159Net Income 2021: $10,9152021Revenue 2022: $6,709Expenses 2022: $6,902Net Income 2022: -$1932022Revenue 2023: $21,584Expenses 2023: $1,754Net Income 2023: $19,8302023Revenue 2024: $16,660Expenses 2024: $29,643Net Income 2024: -$12,9832024

Highlighted filing

2024

Revenue$16,660
Expenses$29,643
Net Income-$12,983
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$126,166
Liabilities
-
Net assets
$126,166
Revenue
$16,660
Expenses
$29,643
Net income
-$12,983
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.26$1.26$0.17$0.30$0.13
2023Detailed filing. Detailed filing data is available for this year.$1.39$1.39$0.22$0.02$0.20
2022Detailed filing. Detailed filing data is available for this year.$1.19$1.19$0.07$0.07$0.00
2021Detailed filing. Detailed filing data is available for this year.$1.33$1.33$0.12$0.01$0.11
2020Detailed filing. Detailed filing data is available for this year.$1.20$1.20$0.79$0.01$0.78
2019Detailed filing. Detailed filing data is available for this year.$0.42$0.42$0.06$0.00$0.06
2018Detailed filing. Detailed filing data is available for this year.$0.35$0.35$0.22$0.00$0.22
2015Detailed filing. Detailed filing data is available for this year.$0.16$0.16$0.04$0.01$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 25, 2025
Return Version
2024v5.1
Gross Receipts
$17,173
Mission and Program Overview

Mission

Support reed memorial library ravenna, ohio, through assistance for projects undertan by library.

Program Services

DescriptionGrantsExpenses
MAILINGS OF FOUNDATIONS INTENT TO SUPPORT REED MEMORIAL LIBRARY.PURCHASED FURNITURE FOR TEEN ROOM IN LIBRARY. LANDSCAPING ANDRE-DESIGN OF OUTDOOR PROJECTS. SUPPORT UNITED FUND.$0$27,946
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JENNIFER RUEHRPresident-$0--
DIANA KENTNERSecretary-$0--
DR JAY RICHARDSONTreasurer-$0--
JULIE BEACHVice-President-$0--
Filing and Contact Details

Filer

Filer Name
Reed Memorial Library Foundationinc
EIN
27-0459315
Phone
3302811571
Address
PO BOX 788, RAVENNA, OH 44266

Signing Officer

Name
Dr Jay Richardson
Title
Treasurer
Phone
3302811571
Signed
2025-04-25
Discuss with paid preparer
Yes

Preparer

Firm
Alan Balog CPA
Address
516 E MAIN ST, RAVENNA, OH 44266
Preparer
Alan Balog CPA
Phone
3302968467
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 16

“Post office box rent 232.”

Form 990EZ, Part I, Line 16

“FILING FEE/OHIO 100.”

Form 990EZ, Part I, Line 16

“LIABILITY INSURANCE 995.”

Form 990EZ, Part I, Line 16

“Furniture/teen room 2946.”

Form 990EZ, Part I, Line 16

“UNITED FUND 5000.”

Form 990EZ, Part I, Line 16

“Landscaping project/outdoors 20000.”

Form 990EZ, Part I, Line 20

“ROUNDING ERROR -1.”

Raw XML Appendix164 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0DR JAY RICHARDSON
IRS990EZ/BooksInCareOfDetail/PhoneNum03302811213
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0333 GREENBRIAR DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RAVENNA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd044266
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0139150
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0126166
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt06458
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-12983
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0370
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt0126166
IRS990EZ/FundraisingGrossIncomeAmt06755
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt017173
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt03960
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0139150
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0126166
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0139150
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0126166
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JENNIFER RUEHR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DIANA KENTNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DR JAY RICHARDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JULIE BEACH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE-PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-1
IRS990EZ/OtherExpensesTotalAmt029273
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SUPPORT REED MEMORIAL LIBRARY RAVENNA, OHIO, THROUGH ASSISTANCE FOR PROJECTS UNDERTAN BY LIBRARY.
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MAILINGS OF FOUNDATIONS INTENT TO SUPPORT REED MEMORIAL LIBRARY.PURCHASED FURNITURE FOR TEEN ROOM IN LIBRARY. LANDSCAPING ANDRE-DESIGN OF OUTDOOR PROJECTS. SUPPORT UNITED FUND.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt027946
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt0513
IRS990EZ/SpecialEventsNetIncomeLossAmt06242
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt029643
IRS990EZ/TotalProgramServiceExpensesAmt027946
IRS990EZ/TotalRevenueAmt016660
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt06458
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04817
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt04091
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt04073
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt078405
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt097844
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt097844
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt06458
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt04817
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt04091
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt04073
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt078405
IRS990ScheduleA/Total509Grp/TotalAmt097844
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt097844
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0POST OFFICE BOX RENT 232.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FILING FEE/OHIO 100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LIABILITY INSURANCE 995.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FURNITURE/TEEN ROOM 2946.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UNITED FUND 5000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5LANDSCAPING PROJECT/OUTDOORS 20000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6ROUNDING ERROR -1.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 20
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR JAY RICHARDSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03302811571
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0REED MEMORIAL LIBRARY FOUNDATIONINC
ReturnHeader/Filer/BusinessNameControlTxt0REED
ReturnHeader/Filer/EIN0270459315
ReturnHeader/Filer/PhoneNum03302811571
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 788
ReturnHeader/Filer/USAddress/CityNm0RAVENNA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OH
ReturnHeader/Filer/USAddress/ZIPCd044266
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341303497
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ALAN BALOG CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0516 E MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RAVENNA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd044266
ReturnHeader/PreparerPersonGrp/PhoneNum03302968467
ReturnHeader/PreparerPersonGrp/PreparationDt02025-04-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alan Balog CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-04-25T07:12:21-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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