Friends of Cleveland Hts

Nonprofit profile at a glance

EIN
340308686
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024, Form 990-N 2009
Location
Cleveland Heights, OH, USA
Phone
2169323600
Rating
89
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$179,583
Expenses
$201,774
Assets
$137,892

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • SAROJINI RAO (PRESIDENT)

People named in this filing

  • ELI AUERBACH (TRUSTEE)
  • ANN RUSSELL (TRUSTEE)
  • KAY MARTIN (TRUSTEE)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Class of activity: general support name: heights library address: 2345 lee rd, cleveland heights oh. 44118 cash contribution 8,000 class of activity: peace park name: heights library address: 2345 lee road cleveland heights, oh 44118 cash contribution 33,333 class activity: staff support name: heights library address: 2345 lee road cleveland heights, oh 44118 cash contribution 12,500 class of activity - library recycling bins name: raidpoint international inc (clean river) address: 288 dan hillock drive huron, on canada cash contribution 25,450 class of activity: friends of future of heights library name: ffhl addres: 2345 lee road cleveland hghts, Ohio 44118 cash contribution 55,000 class of activity: general support name: heights library 2345 lee road cleveland heights, oh 44118 cash contribution 25,000 class of activity: general support other < 5000 cash contribution 41,327 form 990-ez, part 111 - primary expempt purpose to promote interest in, appreciation & use of the heights librar

What it reported doing in 2024

Funded general and specific programming and services for the heights libraries' reading community and staff; funded the outreach program at the noble road branch; paid for a portion of the peace park capital, and paid for new recycling bins for all library branches. Sponsored or co-sponsored community events on behalf of and to raise awareness of heights libraries, including the puzzle swaps and the park grand opening, and events highlighting the friends of the cleveland heights book bike. Raised money for the heights libraries through: ongoing and first friday book sales, may and december mega book sales, direct appeal for donations to support the peace park. As well as from membership fees and donations. Donated books to various community organizations. Celebrated and advertised friends' news and accomplishments on our online website and the october annual meeting.

Operating model

Revenue model
Donor-supported. 71% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 95% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 27
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98.9%; rating input score 99

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -12.4%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 0.68; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 12.1% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 8.2% per year; rating input score 100; 61st percentile among comparable filings
  • Asset growth: 3.2% per year; rating input score 100; 38th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $199K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 13/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.