Cuyahoga County Public Library Foundation
EIN: 260042432 · Cleveland, OH · NTEE: B117
| Metric | Value |
|---|---|
| Total Revenue | $3.9M |
| Total Expenses | $575K |
| Net Assets | $8.5M |
Is Cuyahoga County Public Library Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cuyahoga County Public Library Foundation
Cuyahoga County Public Library Foundation (EIN: 260042432) is a nonprofit organization based in Cleveland, OH, classified under NTEE code B117. The organization reported total revenue of $3.9M and total assets of $9.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cuyahoga County Public Library Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cuyahoga County Public Library Foundation is a mid-size nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $575K |
| Surplus / Deficit | +$543K |
| Total Assets | $8.6M |
| Total Liabilities | $90K |
| Net Assets | $8.5M |
| Operating Margin | 48.6% |
| Debt-to-Asset Ratio | 1.1% |
| Months of Reserves | 178.6 months |
Financial Health Grade: A
In 2023, Cuyahoga County Public Library Foundation reported a surplus of $543K with revenue exceeding expenses, holds 178.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cuyahoga County Public Library Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.2% | -5.8% | +15.3% |
| 2022 | -8.8% | +20.4% | -10.0% |
| 2021 | +133.9% | +58.9% | +15.4% |
| 2020 | -11.4% | -28.8% | +22.3% |
| 2019 | -13.7% | +20.4% | +28.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cuyahoga County Public Library Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cuyahoga County Public Library Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $543K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.1%.
Frequently Asked Questions about Cuyahoga County Public Library Foundation
Is Cuyahoga County Public Library Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Cuyahoga County Public Library Foundation (EIN: 260042432) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cuyahoga County Public Library Foundation spend its money?
Detailed spending breakdown data is not yet available for Cuyahoga County Public Library Foundation. Check back for updated IRS 990 analysis.
Are donations to Cuyahoga County Public Library Foundation tax-deductible?
Cuyahoga County Public Library Foundation is registered as a tax-exempt nonprofit (EIN: 260042432). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cuyahoga County Public Library Foundation located?
Cuyahoga County Public Library Foundation is headquartered in Cleveland, Ohio and files with the IRS under EIN 260042432. It is classified under NTEE code B117.
How many years of IRS 990 filings does Cuyahoga County Public Library Foundation have?
Cuyahoga County Public Library Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $3.9M in total revenue.
Filing History
IRS 990 filing history for Cuyahoga County Public Library Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cuyahoga County Public Library Foundation's revenue has grown by 168%, moving from $417K to $1.1M. Total assets increased by 367.7% over the same period, from $1.8M to $8.6M. Total functional expenses rose by 324.3%, from $136K to $575K. In its most recent filing year (2023), Cuyahoga County Public Library Foundation reported a surplus of $543K, with revenue exceeding expenses. The organization holds $90K in liabilities against $8.6M in assets (debt-to-asset ratio: 1.1%), resulting in net assets of $8.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $575K | $8.6M | $90K | — | — |
| 2022 | $1.7M | $611K | $7.4M | $87K | — | — |
| 2021 | $1.9M | $507K | $8.2M | $76K | — | View 990 |
| 2020 | $809K | $319K | $7.1M | $32K | — | — |
| 2019 | $913K | $448K | $5.8M | $60K | — | View 990 |
| 2018 | $1.1M | $372K | $4.6M | $34K | — | View 990 |
| 2017 | $745K | $378K | $4.4M | $102K | — | — |
| 2016 | $596K | $360K | $3.6M | $84K | — | View 990 |
| 2015 | $552K | $265K | $3.2M | $82K | — | View 990 |
| 2014 | $643K | $714K | $3.1M | $106K | — | — |
| 2013 | $727K | $153K | $3.1M | $115K | — | View 990 |
| 2012 | $480K | $139K | $2.3M | $127K | — | View 990 |
| 2011 | $417K | $136K | $1.8M | $34K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $575K, and assets of $8.6M (revenue -35.2% year-over-year).
- 2022: Revenue of $1.7M, expenses of $611K, and assets of $7.4M (revenue -8.8% year-over-year).
- 2021: Revenue of $1.9M, expenses of $507K, and assets of $8.2M (revenue +133.9% year-over-year).
- 2020: Revenue of $809K, expenses of $319K, and assets of $7.1M (revenue -11.4% year-over-year).
- 2019: Revenue of $913K, expenses of $448K, and assets of $5.8M (revenue -13.7% year-over-year).
- 2018: Revenue of $1.1M, expenses of $372K, and assets of $4.6M (revenue +41.9% year-over-year).
- 2017: Revenue of $745K, expenses of $378K, and assets of $4.4M (revenue +25.1% year-over-year).
- 2016: Revenue of $596K, expenses of $360K, and assets of $3.6M (revenue +8.0% year-over-year).
- 2015: Revenue of $552K, expenses of $265K, and assets of $3.2M (revenue -14.2% year-over-year).
- 2014: Revenue of $643K, expenses of $714K, and assets of $3.1M (revenue -11.5% year-over-year).
- 2013: Revenue of $727K, expenses of $153K, and assets of $3.1M (revenue +51.3% year-over-year).
- 2012: Revenue of $480K, expenses of $139K, and assets of $2.3M (revenue +15.2% year-over-year).
- 2011: Revenue of $417K, expenses of $136K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cuyahoga County Public Library Foundation:
Data Sources and Methodology
This transparency report for Cuyahoga County Public Library Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.