Education
(B70)
990 on File
FAIRMOUNT COMMUNITY LIBRARY ASSOCIATION
Financial strength (30%)
75/100
Reliability (20%)
50/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$506K
Total Revenue
$367K
Total Expenses
$792K
Net Assets
17
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.8%
Fundraising Efficiency
N/A
Operating Reserve
25.87x
Liability-to-Asset
0.0%
Revenue Diversification
99.4%
Executive Compensation
$61K
Compared with Peers
FY 2024
Compared with 16,011 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.8% | 89.3% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.2% | 8.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
25.9 mo | 9.3 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.3% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.4% | 89.4% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-12.0% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
1.0% | 9.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
27.5% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $506K | $367K | $792K | 89.8% | 17 |
| 2023 | $575K | $364K | $653K | 89.7% | 19 |
| 2022 | $379K | $402K | $441K | 90.0% | 17 |
| 2021 | $418K | $361K | N/A | — | 18 |
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