Schoolcraft Community Library
Nonprofit profile at a glance
- EIN
- 382948642
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Schoolcraft, MI, USA
- Phone
- 2696795959
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $270,614
- Expenses
- $233,338
- Assets
- $392,916
- Liabilities
- $5,267
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- SANDRA MCGEHEE (PRESIDENT)
Highest reported compensation
- PAM BALLETT (DIRECTOR): $55,494 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To be a community information center, connecting people of all ages to reading, lifelong learning and professional and personal enrichment. Working together, we strive to provide equal access to information, ideas and knowledge through books, programs and other resources and technologies. In addition to the paid staff, the library is also aided by 6 regular volunteers and up to 30 volunteers that help with various events.
What it reported doing in 2024
Provide lending materials (books, vox books, audios, dvd's, magazines, e- books, e-audios, literacy kits, discovery kits, hotspots and cd players) to patrons. The library has 33,272 pieces of lending material available to patrons. There are 2094 patrons on file. New patron cards issued for the year were 191 including 117 adults and 74 juveniles. Total circulation of material for the year is 11,482 excluding renewals including 4,943 adult materials, 306 ya and 7,764 juvenile materials.
Operating model
- Revenue model
- Grant-funded. 89% of the money available for current operations came from government grants.
- Distribution model
- Direct operator. The filing allocates 99% 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 55
- Transparency & Controls: 90
- Accountability: 84
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 58.7%; rating input score 59
- Program expense ratio: 67.7%; rating input score 68
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 13.8%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 1.68; rating input score 55; 55th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 43; 43rd percentile among comparable filings
- Officer compensation ratio: 23.8%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 1.9% per year; rating input score 100; 39th percentile among comparable filings
- Revenue growth: 2.6% per year; rating input score 100; 39th percentile among comparable filings
- Asset growth: 6.8% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 58.7% of revenue deployed · 67.7% of spending went to programs
- Governance: 8 of 8 board members independent · 5 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $158K in reported program spending
- Leadership: top reported pay $55K · 9 people listed
- Consistency: 21 of 21 current checks pass
- Schedules: 2 filed schedules
- Filing history: 9 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 59/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Review — Sustainability: Total-asset coverage ratio scored 55/100.
- High — Sustainability: Officer compensation ratio scored 16/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 43/100.