Civic Intelligence

Live Oak Public Libraries Foundation Inc.

990 • Fiscal year 2016 • EIN 58-2367755

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 14, 2017

2002 Bull StreetSavannah, GA 31401-8564

(912) 652-3600

Siviq Scores

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

Liabilities / Assets

71st percentile

0.04x

Higher debt load relative to assets than 71% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

79th percentile

0.07x

Higher debt load relative to revenue than 79% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

5th percentile

-104%

Higher net margin than 5% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

22nd percentile

-18%

Faster asset growth than 22% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

33rd percentile

-11%

Faster revenue growth than 33% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$494,903

Down $107,111 (-18%) from 2015

Net Assets

Down

$475,317

Down $117,319 (-20%) from 2015

Liabilities

Up

$19,586

Up $10,208 (+109%) from 2015

Revenue

Down

$284,416

Down $34,201 (-11%) from 2015

Expenses

Up

$580,259

Up $187,550 (+48%) from 2015

Net Income

Down

-$295,843

Down $221,751 (-299%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2011: $1,086,145Liabilities 2011: $0Net Assets 2011: $1,086,1452011Assets 2012: $949,843Liabilities 2012: $0Net Assets 2012: $949,8432012Assets 2013: $883,694Liabilities 2013: $9,864Net Assets 2013: $873,8302013Assets 2014: $687,441Liabilities 2014: $20,713Net Assets 2014: $666,7282014Assets 2015: $602,014Liabilities 2015: $9,378Net Assets 2015: $592,6362015Assets 2016: $494,903Liabilities 2016: $19,586Net Assets 2016: $475,3172016Assets 2017: $427,715Liabilities 2017: $1,100Net Assets 2017: $426,6152017Assets 2018: $403,245Liabilities 2018: $0Net Assets 2018: $403,2452018Assets 2019: $334,093Liabilities 2019: $0Net Assets 2019: $334,0932019Assets 2020: $307,770Liabilities 2020: $0Net Assets 2020: $307,7702020Assets 2021: $312,536Liabilities 2021: $0Net Assets 2021: $312,5362021Assets 2022: $323,886Liabilities 2022: $0Net Assets 2022: $323,8862022Assets 2023: $290,140Liabilities 2023: $7,500Net Assets 2023: $282,6402023Assets 2024: $261,192Liabilities 2024: $1,806Net Assets 2024: $259,3862024Assets 2025: $225,104Liabilities 2025: $1,456Net Assets 2025: $223,6482025

Highlighted filing

2016

Assets$494,903
Liabilities$19,586
Net Assets$475,317

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2011: $284,3772011Expenses 2012: $392,3412012Expenses 2013: $398,5132013Revenue 2014: $292,496Expenses 2014: $499,598Net Income 2014: -$207,1022014Revenue 2015: $318,617Expenses 2015: $392,709Net Income 2015: -$74,0922015Revenue 2016: $284,416Expenses 2016: $580,259Net Income 2016: -$295,8432016Revenue 2017: $103,117Expenses 2017: $151,819Net Income 2017: -$48,7022017Revenue 2018: $37,986Expenses 2018: $62,456Net Income 2018: -$24,4702018Revenue 2019: $12,676Expenses 2019: $81,828Net Income 2019: -$69,1522019Revenue 2020: $14,358Expenses 2020: $40,681Net Income 2020: -$26,3232020Revenue 2021: $25,686Expenses 2021: $20,920Net Income 2021: $4,7662021Revenue 2022: $79,081Expenses 2022: $67,731Net Income 2022: $11,3502022Revenue 2023: $14,699Expenses 2023: $55,945Net Income 2023: -$41,2462023Revenue 2024: $34,881Expenses 2024: $58,135Net Income 2024: -$23,2542024Revenue 2025: $17,811Expenses 2025: $53,549Net Income 2025: -$35,7382025

Highlighted filing

2016

Revenue$284,416
Expenses$580,259
Net Income-$295,843
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 14, 2017
Return Version
2015v3.0
Gross Receipts
$304,898
Mission and Program Overview

Mission

To raise private funds to help support library rograms and services in the 19 branches of the live oak public libraries in chatham, effingham, and liberty counties, and to develop community awareness and support for the understanding of the true value of a quality library.

To raise private funds to help support library programs and services in the 19 branches of the live oak public libraries in chatham, effingham and liberty counties and to develop community awareness and support for the understanding of the true value of a quality library system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$419,439$427,333▲ $7,894
Prepaid Expenses and Deferred Charges-$5,298-
Accounts Receivable$111,996$1,000▼ $110,996
Cash and Non-Interest-Bearing Accounts$50$50→ $0
Total Assets$602,014$494,903▼ $107,111
Other Assets Total$70,529$61,222▼ $9,307
Liabilities
Accounts Payable and Accrued Expenses$9,378$19,586▲ $10,208
Total Liabilities$9,378$19,586▲ $10,208
Net Assets / Fund Balance
Temporarily Rstr Net Assets$488,182$444,491▼ $43,691
Unrestricted Net Assets$104,454$30,826▼ $73,628
Total Net Assets Fund Balance$592,636$475,317▼ $117,319
Total Liabilities and Net Assets / Fund Balance$602,014$494,903▼ $107,111

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$61,222--
Compensation and Service Providers
Revenue and Support

Revenue Composition

Contributions and Grants
$254,182
Program Service Revenue
$0
Investment Income
$1,137
Other Revenue
$29,097
All Other Contributions
$254,182
Change in Net Assets
$-295,843
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$342,438
Salaries, Compensation, and Employee Benefits$178,524
Other Expenses$59,297
Total Fundraising Expense$10,400
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$342,438--$342,438
Other Salaries and Wages-$168,911-$168,911
All Other Expenses-$11,669-$11,669
Fees for Services Other--$10,400$10,400
Payroll Taxes-$9,613-$9,613
Other Expenses-$7,177-$7,177
Insurance-$884-$884
Total Functional Expenses$342,438$227,421$10,400$580,259
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Live Oak Public LibrariesSavannah, GA501(c)(3)Grants to Library for Books and Programming.-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$49,579
Fundraising Direct Expenses$20,482
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Luncheon & Gala----
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

Tax return prepared by cpa firm is reviewed and signed by treasurer

Form 990, Part VI, Section C, Line 19

Documents are furnished to public upon request

Filing and Contact Details

Filer

Filer Name
Live Oak Public Libraries Foundation
EIN
58-2367755
Phone
9126523600
Address
2002 BULL STREET, SAVANNAH, GA 31401-8564

Signing Officer

Name
Officer
Title
Officer
Phone
9126523600
Signed
2017-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Officer
Formed
1997
Legal Domicile
Ga
Voting Board Members
23
Independent Board Members
23
Employees
0
Volunteers
0

Preparer

Firm
Daniel & Duncan LLC
Address
POST OFFICE BOX 8696, SAVANNAH, GA 31412
Preparer
Ken a Duncan
Phone
9122333132
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IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0SOFTWARE
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL & TECNHNIC
IRS990/OtherExpensesGrp/Desc2INCREASE IN CASH VALUE
IRS990/OtherExpensesGrp/Desc3PUBLICATIONS & PRINTING
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010046
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19814
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29307
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt37177
IRS990/OtherExpensesGrp/TotalAmt010046
IRS990/OtherExpensesGrp/TotalAmt19814
IRS990/OtherExpensesGrp/TotalAmt29307
IRS990/OtherExpensesGrp/TotalAmt37177
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0168911
IRS990/OtherSalariesAndWagesGrp/TotalAmt0168911
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09613
IRS990/PayrollTaxesGrp/TotalAmt09613
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05298
IRS990/PrincipalOfficerNm0OFFICER
IRS990/ProfessionalFundraisingInd01
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0273200
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0311298
IRS990/PYInvestmentIncomeAmt01063
IRS990/PYOtherExpensesAmt067631
IRS990/PYOtherRevenueAmt044354
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-74092
IRS990/PYSalariesCompEmpBnftPaidAmt013780
IRS990/PYTotalExpensesAmt0392709
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0318617
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-295843
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0419439
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0427333
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE LIVE OAK PUBLIC LIBRARIES FOUNDATION OVERSEES FUNDS DISBURSED TO LIVE OAK PUBLIC LIBRARIES VIA A BOARD OF DIRECTORS. ALTHOUGH THEY ARE NOT THE EXCLUSIVE SOURCE OF FUNDS TO LIVE OAK PUBLIC LIBRARIES, THEY SIGNIFICANTLY AID IN OVERSIGHT OF DONOR RESTRICTED FUNDS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 1C:
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0586000478
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt068920
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0LIVE OAK PUBLIC LIBRARIES
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt068920
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt061222
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0CASH SURRENDER VALUE OF LIFE INSURANCXE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt061222
IRS990ScheduleG/AgrmtProfFundraisingActyInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0FUNDRAISING GALA FOR PATRONS
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt049579
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt049579
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0FOUNDATION GALA
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/AddressLine1Txt02002 BULL ST
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/CityNm0SAVANNAH
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/StateAbbreviationCd0GA
IRS990ScheduleG/FundraiserActivityInfoGrp/USAddress/ZIPCd031401
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0LUNCHEON & GALA
IRS990ScheduleG/LicensedStatesCd0GA
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/TotalGrossReceiptsAmt049579
IRS990ScheduleG/TotalNetToOrganizationAmt049579
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0GRANTS TO LIBRARY FOR BOOKS AND PROGRAMMING.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LIVE OAK PUBLIC LIBRARIES
IRS990ScheduleI/RecipientTable/RecipientEIN0586000478
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02002 BULL STREET
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SAVANNAH
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0GA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd031401
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TAX RETURN PREPARED BY CPA FIRM IS REVIEWED AND SIGNED BY TREASURER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE FURNISHED TO PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0LIVE OAK PUBLIC LIBRARIES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0586000478
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.22$0.02$0.05$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$0.03$0.06$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.29$0.01$0.28$0.01$0.06$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.32$0.00$0.32$0.08$0.07$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.03$0.02$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.31$0.00$0.31$0.01$0.04$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.33$0.00$0.33$0.01$0.08$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.04$0.06$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.10$0.15$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.02$0.48$0.28$0.58$0.30
2015Detailed filing. Detailed filing data is available for this year.$0.60$0.01$0.59$0.32$0.39$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.69$0.02$0.67$0.29$0.50$0.21
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.88$0.01$0.87$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.00$0.95$0.39
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.00$1.09$0.28