Civic Intelligence

Reed Memorial Library Foundation Inc.

990EZ • Fiscal year 2022 • EIN 27-0459315

Jan 01, 2022 to Dec 31, 2022 • Filed on Apr 26, 2023

Organization ProfileN/A
PO Box 788Ravenna, OH 44266

(330) 281-1571

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

35th percentile

-2.9%

Higher net margin than 35% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

31st percentile

-10%

Faster asset growth than 31% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

13th percentile

-44%

Faster revenue growth than 13% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$119,320

Down $13,357 (-10%) from 2021

Net Assets

Down

$119,320

Down $13,357 (-10%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin35th percentile

Revenue

Down

$6,709

Down $5,365 (-44%) from 2021

Expenses

Up

$6,902

Up $5,743 (+496%) from 2021

Net Income

Down

-$193

Down $11,108 (-102%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2022

Assets$119,320
Liabilities-
Net Assets$119,320
Open 2022 Filing

Operations Trend

Revenue Growth13th percentile

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$6,709
Expenses$6,902
Net Income-$193
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Apr 26, 2023
Return Version
2022v5.0
Gross Receipts
$7,895
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.$0$6,049
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHUCK MATUKPresident-$0--
DIANA KENTNERSecretary-$0--
DR JAY RICHARDSONTreasurer-$0--
BEA FLARIDAVice-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
2023-04-26
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 100.”

Form 990EZ, Part I, Line 16

“FILING FEE/OHIO 78.”

Form 990EZ, Part I, Line 16

“SUPPLIES 325.”

Form 990EZ, Part I, Line 16

“Playground expense/foundation project 3000.”

Form 990EZ, Part I, Line 16

“Teen tech room/reed memorial library 3049.”

Form 990EZ, Part I, Line 20

“Decrease in value of persing llc/#08z-454467 -13164.”

Raw XML Appendix172 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/PhoneNum03302811213
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0333 GREENBRIAR DR
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RAVENNA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd044266
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0132677
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0119320
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04091
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-193
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0350
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0132677
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0119320
IRS990EZ/FundraisingGrossIncomeAmt03733
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt07895
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt071
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0132677
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0119320
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0132677
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0119320
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/PersonNm0CHUCK MATUK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DIANA KENTNER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DR JAY RICHARDSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3BEA FLARIDA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE-PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-13164
IRS990EZ/OtherExpensesTotalAmt06552
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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt06049
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt01186
IRS990EZ/SpecialEventsNetIncomeLossAmt02547
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt06902
IRS990EZ/TotalProgramServiceExpensesAmt06049
IRS990EZ/TotalRevenueAmt06709
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04091
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04073
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt078405
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02284
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt022090
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0110943
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt010
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt010
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00010
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99990
IRS990ScheduleA/PublicSupportTotal509Amt0110943
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt04091
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt04073
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt078405
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02284
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt022090
IRS990ScheduleA/Total509Grp/TotalAmt0110943
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0110953
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0POST OFFICE BOX RENT 100.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FILING FEE/OHIO 78.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUPPLIES 325.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PLAYGROUND EXPENSE/FOUNDATION PROJECT 3000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TEEN TECH ROOM/REED MEMORIAL LIBRARY 3049.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DECREASE IN VALUE OF PERSING LLC/#08Z-454467 -13164.
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 20
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DR JAY RICHARDSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03302811571
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-04-26
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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/PreparationDt02023-04-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Alan Balog CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-04-28T11:44:10-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DR JAY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0RICHARDSON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$119,320
Liabilities
-
Net assets
$119,320
Revenue
$6,709
Expenses
$6,902
Net income
-$193
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
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits