Robinson Library Endowment

Nonprofit profile at a glance

EIN
371281288
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Robinson, IL, USA
Phone
6185442917
Rating
68
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$12,801
Expenses
$7,213
Assets
$536,265
Liabilities
$0

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

Leadership & pay

13 people listed

Executive titles in this filing

  • Debora A Walls (President)
  • Michael Garrard (Vice-President)

Highest reported compensation

  • Douglas Roberts (Trustee): $95,809 total reported compensation
  • Janice Shick (Treasurer): $91,599 total reported compensation
  • Mindi Williamson (Trustee): $79,130 total reported compensation

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

Overview

Mission

General support of the library.

What it reported doing in 2024

Payment to or on behalf of Robinson Public Library District, which is the only organization supported by the endowment. The endowment is a supporting organization mentioned in Sec. 509(a)(3), IRC.

Operating model

Revenue model
Investment-supported. 76% of the money available for current operations came from recurring investment income.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 93
  • Accountability: 51
  • Sustainability: 76
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 60.1%; rating input score 60
  • Program expense ratio: 85.8%; rating input score 86
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 69.2%; rating input score 69; 23rd percentile among comparable filings
  • Governance controls: 2 of 8 controls in place; rating input score 25
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 43.7%; rating input score 85; 85th percentile among comparable filings
  • Total-asset coverage ratio: 74.35; rating input score 94; 94th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 1,079.2%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: -3.1% per year; rating input score 0; 42nd percentile among comparable filings
  • Revenue growth: -10.2% per year; rating input score 0; 31st percentile among comparable filings
  • Asset growth: 2.4% per year; rating input score 100; 54th percentile among comparable filings

Details

  • Where the money goes: 60.1% of revenue deployed · 85.8% of spending went to programs
  • Governance: 9 of 13 board members independent · 2 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $96K · 13 people listed
  • Consistency: 13 of 13 current checks pass
  • Schedules: 5 filed schedules · includes grants
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 2 filed related-organization links
  • 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 — Accountability: Governance controls: 5 of 7 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.