Civic Intelligence

Live Oak Public Libraries Foundation Inc.

990EZ • Fiscal year 2017 • EIN 58-2367755

Jul 01, 2016 to Jun 30, 2017 • Filed on May 14, 2018

2002 Bull StreetSavannah, GA 31401

(912) 652-3605

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

8th percentile

-47%

Higher net margin than 8% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

25th percentile

-14%

Faster asset growth than 25% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

6th percentile

-64%

Faster revenue growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$427,715

Down $67,188 (-14%) from 2016

Net Assets

Down

$426,615

Down $48,702 (-10%) from 2016

Liabilities

Down

$1,100

Down $18,486 (-94%) from 2016

Revenue

Down

$103,117

Down $181,299 (-64%) from 2016

Expenses

Down

$151,819

Down $428,440 (-74%) from 2016

Net Income

Up

-$48,702

Up $247,141 (+84%) from 2016

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

2017

Assets$427,715
Liabilities$1,100
Net Assets$426,615

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

2017

Revenue$103,117
Expenses$151,819
Net Income-$48,702
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 14, 2018
Return Version
2016v3.0
Gross Receipts
$103,117
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.

Program Services

DescriptionGrantsExpenses
GRANTS TO LIBRARY (FOR BOOKS AND PROGRAMMING)$119,973$92,863
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JESSICA PEDIGOPresident-$0--
KATE SMITHVice President-$0--
ALLYSON MORGANSecretary-$0--
BRIAN PREVATTTreasurer-$0--
DR ALLEN BERGERPast President-$0--
DR MELVIN GALINDirector-$0--
DR REBECCA GASTON-DAWSONDirector-$0--
JARED GRAHAMDirector-$0--
CHRIS JOHNSONDirector-$0--
LESTER JOHNSONDirector-$0--
JACK KASTERLife Member-$0--
JOHN PICKERDirector-$0--
ROSELYN ROXBYRGHDirector-$0--
KAY SCARDINOLife Member-$0--
DEAN HORSTMANTrustee-$0--
DAWOUD STEVENSONTrustee-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Summer Reading Program$38,030$38,030-$38,030
Total Events$38,030$38,030-$38,030
Filing and Contact Details

Filer

Filer Name
Live Oak Public Libraries Foundation
EIN
58-2367755
Phone
9126523605
Address
2002 BULL STREET, SAVANNAH, GA 31401

Signing Officer

Name
Brian Prevatt
Title
Treasurer
Signed
2018-05-14
Discuss with paid preparer
Yes

Preparer

Firm
KRT CPAs PC
Address
6600 Abercorn Street Suite 200, Savannah, GA 31405
Preparer
Derrick A Cowart CPA
Phone
9122320475
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

| Donee's Name: LIVE OAK PUBLIC LIBRARIES | Donee's Address: 2200 BULL STREET SAVANNAH GA 31401 | Cash Amount Given: $92863

Other Expenses.1001

Advertising and Promotion $10365

Other Expenses.1012

Insurance $884

Other Expenses.1

Supplies & materials $12553

Other Expenses.2

FUNDRAISING $8831

Other Expenses.3

SOFTWARE $6298

Other Expenses.4

Publications & printing $3173

Other Expenses.5

Expendable equipment $2294

Other Expenses.6

BAD DEBT EXPENSE $1000

Other Expenses.7

BANK CHARGES $728

Other Expenses.8

MISCELLANEOUS $45

Other Assets.1005

Accounts Receivable - Beginning $1000 Accounts Receivable - Ending $3000

Other Assets.1011

Prepaid Expenses and Deferred Charges - Beginning $5298 Prepaid Expenses and Deferred Charges - Ending $0

Other Assets.1

CSV LIFE INSURANCE - Beginning $61222 CSV LIFE INSURANCE - Ending $61222

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $19586 Accounts Payable and Accrued Expenses - Ending $1100

Raw XML Appendix245 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.

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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 THE OVERSIGHT OF DONOR RESTRICTED FUNDS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: LIVE OAK PUBLIC LIBRARIES | Donee's Address: 2200 BULL STREET SAVANNAH GA 31401 | Cash Amount Given: $92863
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $884
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SUPPLIES & MATERIALS $12553
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PUBLICATIONS & PRINTING $3173
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7EXPENDABLE EQUIPMENT $2294
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13CSV LIFE INSURANCE - Beginning $61222 CSV LIFE INSURANCE - Ending $61222
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd031401
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KRT CPAs PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06600 Abercorn Street Suite 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Savannah
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd031405
ReturnHeader/PreparerPersonGrp/PhoneNum09122320475
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Derrick A Cowart CPA
ReturnHeader/ReturnTs02018-05-14T12:02:54-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

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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