Education
(B71I)
IRS Verified
DX Registered
990 on File
HEDBERG PUBLIC LIBRARY FOUNDATION INC
Financial strength (30%)
89/100
Reliability (20%)
55/100
Effectiveness (25%)
80/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Hedberg Public Library Foundation exists to support activities, programs and services offered by the Hedberg Public Library.
Financial Overview — FY 2024
$107K
Total Revenue
$34K
Total Expenses
$1.5M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
94.5%
Fundraising Efficiency
N/A
Operating Reserve
505.64x
Liability-to-Asset
0.0%
Revenue Diversification
62.2%
Executive Compensation
$0
Compared with Peers
FY 2024
Compared with 19,826 similar organizations
(United States, Education, under $100K 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
|
94.5% | 87.4% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.5% | 7.0% |
P10P90
|
Above 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
|
505.6 mo | 19.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
62.2% | 85.3% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
12.2% | 1.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-53.5% | 0.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
67.8% | 10.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $107K | $34K | $1.5M | 94.5% | 0 |
| 2023 | $95K | $74K | $1.3M | 97.6% | 0 |
| 2022 | $109K | $60K | $1.2M | 86.4% | 0 |
| 2021 | $149K | $118K | N/A | — | 0 |
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