Roseville Public Library Endowment Trust

Nonprofit profile at a glance

EIN
743214605
IRS 990-EZ coverage
2011–2016
Forms available
Form 990-EZ 2016
Location
Roseville, MI, USA
Phone
5864474550
Rating
45
Verdict
MIXED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$1,205
Expenses
$558
Assets
$48,348

Source: IRS Form 990-EZ. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

5 people listed

People named in this filing

  • CHARLENE VAN MARCKE (CHAIRMAN)
  • PATRICIA CHOWNYK (TRUSTEE)
  • CARA TONN (SECRETARY)

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 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to receive, hold, invest and apply donations of money, personal property and real property for the purpose of the roseville public library. All donations shall form the corpus of the trust

What it reported doing in 2016

The organization had various fundraisers to raise funds for the foundation. With the fundraiser, brought increased exposure to the work the foundation wishes to achieve

Operating model

Revenue model
Donor-supported. 78% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 14
  • Transparency & Controls: 82
  • Sustainability: 80
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 7.5%; rating input score 7
  • Program expense ratio: 25.6%; rating input score 26

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 53.7%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 86.65; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -6.9% per year; rating input score 0; 34th percentile among comparable filings
  • Revenue growth: -22.8% per year; rating input score 0; 15th percentile among comparable filings
  • Asset growth: 8.4% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 7.5% of revenue deployed · 25.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $143 in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2011 to 2016
  • 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 — Financial Efficiency: Mission deployment rate scored 7/100.
  • High — Financial Efficiency: Program expense ratio scored 26/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.