Reed Memorial Library Foundation Inc
Ravenna, Ohio
B+Health Score
70B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
How This Organization Compares
Compared to 2 peers in Education with <$100K revenue
💰
$22K
Total Revenue
📊
$2K
Total Expenses
🏦
$139K
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+221.7%
Year-over-year change (2022 → 2023)
Net Margin
+91.9%
Revenue minus expenses as % of revenue
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $21,584↑222% | $1,754↓75% | $139,150↑17% | |
| 2022 | $6,709↓44% | $6,902↑496% | $119,320↓10% | — |
| 2021 | $12,074↓85% | $1,159↑73% | $132,677↑11% | — |
| 2020 | $78,562↑1201% | $671↑66% | $119,576↑187% | — |
| 2019 | $6,037↓73% | $405↓17% | $41,685↑20% | — |
| 2018 | $22,110↑486% | $486↓12% | $34,813↑124% | — |
| 2015 | $3,776↓48% | $555↓70% | $15,519↑26% | — |
| 2014 | $7,305↑1713% | $1,854 | $12,298↑80% | — |
| 2013 | $403↓73% | $0↓100% | $6,847↑6% | — |
| 2012 | $1,503↓70% | $811↓32% | $6,444↑12% | — |
| 2011 | $5,001↑124925% | $1,195↑23% | $5,753↑195% | — |
| 2010 | $4↓100% | $970↑1015% | $1,947 | — |
| 2009 | $3,000 | $87 | $0 | — |
Frequently Asked Questions
What does Reed Memorial Library Foundation Inc do?▼
Reed Memorial Library Foundation Inc is a education nonprofit organization based in Ohio. It is classified under NTEE code B12 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Reed Memorial Library Foundation Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Reed Memorial Library Foundation Inc.
How much revenue does Reed Memorial Library Foundation Inc generate?▼
Reed Memorial Library Foundation Inc reports $17K in annual revenue and holds $126K in total assets, based on IRS filings.