Live Oak Public Libraries
EIN: 586000478 · Savannah, GA
| Metric | Value |
|---|---|
| Total Expenses | $11.1M |
| Net Assets | $19.5M |
Is Live Oak Public Libraries Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Live Oak Public Libraries
Live Oak Public Libraries (EIN: 586000478) is a nonprofit organization based in Savannah, GA. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Live Oak Public Libraries's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Live Oak Public Libraries is a mid-size nonprofit, with 5 years of IRS 990 filings on record (2012–2016). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2016)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.6M |
| Total Expenses | $11.1M |
| Surplus / Deficit | $-1,454,486 |
| Total Assets | $27.4M |
| Total Liabilities | $7.9M |
| Net Assets | $19.5M |
| Operating Margin | -15.1% |
| Debt-to-Asset Ratio | 28.7% |
| Months of Reserves | 29.6 months |
Financial Health Grade: B
In 2016, Live Oak Public Libraries reported a deficit of $1.5M with expenses exceeding revenue, holds 29.6 months of operating reserves (strong position), has a debt-to-asset ratio of 28.7% (moderate leverage).
Financial Trends
Over 5 years of filings (2012–2016), Live Oak Public Libraries's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2016 | -46.2% | +7.8% | -5.0% |
| 2015 | +100.6% | +3.8% | +37.8% |
| 2014 | +1.4% | +7.9% | -4.1% |
| 2013 | +0.1% | -5.6% | -2.4% |
AI Analysis Pending
AI enrichment for Live Oak Public Libraries 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 Live Oak Public Libraries 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 (2016)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 28.7%.
Frequently Asked Questions about Live Oak Public Libraries
Is Live Oak Public Libraries a legitimate charity?
Live Oak Public Libraries (EIN: 586000478) is a registered tax-exempt nonprofit based in Georgia. It has 5 years of IRS 990 filings on record. No red flags identified. Financial health grade: B.
How does Live Oak Public Libraries spend its money?
Live Oak Public Libraries reported its financials in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Live Oak Public Libraries tax-deductible?
Live Oak Public Libraries is registered as a tax-exempt nonprofit (EIN: 586000478). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Live Oak Public Libraries located?
Live Oak Public Libraries is headquartered in Savannah, Georgia and files with the IRS under EIN 586000478.
How many years of IRS 990 filings does Live Oak Public Libraries have?
Live Oak Public Libraries has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Filing History
IRS 990 filing history for Live Oak Public Libraries showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2012–2016), Live Oak Public Libraries's revenue has grown by 9.6%, moving from $8.8M to $9.6M. Total assets increased by 22.5% over the same period, from $22.3M to $27.4M. Total functional expenses rose by 13.9%, from $9.7M to $11.1M. In its most recent filing year (2016), Live Oak Public Libraries reported a deficit of $1.5M, with expenses exceeding revenue. The organization holds $7.9M in liabilities against $27.4M in assets (debt-to-asset ratio: 28.7%), resulting in net assets of $19.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2016 | $9.6M | $11.1M | $27.4M | $7.9M | — | — |
| 2015 | $17.9M | $10.3M | $28.8M | $7.8M | — | View 990 |
| 2014 | $8.9M | $9.9M | $20.9M | $1.2M | — | View 990 |
| 2013 | $8.8M | $9.2M | $21.8M | $1.1M | — | View 990 |
| 2012 | $8.8M | $9.7M | $22.3M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2016: Revenue of $9.6M, expenses of $11.1M, and assets of $27.4M (revenue -46.2% year-over-year).
- 2015: Revenue of $17.9M, expenses of $10.3M, and assets of $28.8M (revenue +100.6% year-over-year).
- 2014: Revenue of $8.9M, expenses of $9.9M, and assets of $20.9M (revenue +1.4% year-over-year).
- 2013: Revenue of $8.8M, expenses of $9.2M, and assets of $21.8M (revenue +0.1% year-over-year).
- 2012: Revenue of $8.8M, expenses of $9.7M, and assets of $22.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Live Oak Public Libraries:
Data Sources and Methodology
This transparency report for Live Oak Public Libraries 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.