Education
(B71Z)
990 on File
CORTLAND FREE LIBRARY INC
Financial strength (30%)
94/100
Reliability (20%)
55/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
Register and add impact metrics to be rated above three stars
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.1M
Total Revenue
$693K
Total Expenses
$6.5M
Net Assets
19
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
83.2%
Fundraising Efficiency
N/A
Operating Reserve
112.17x
Liability-to-Asset
5.2%
Revenue Diversification
69.5%
Executive Compensation
$52K
Compared with Peers
FY 2024
Compared with 15,968 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
|
83.2% | 89.3% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
16.8% | 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
|
112.2 mo | 9.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
5.2% | 0.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
69.5% | 89.4% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
60.1% | 8.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.2% | 9.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
39.3% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.1M | $693K | $6.5M | 83.2% | 19 |
| 2023 | $713K | $672K | $5.7M | 86.2% | 52 |
| 2022 | $739K | $655K | $5.4M | 86.7% | 52 |
| 2021 | $777K | $651K | N/A | — | 52 |
Donor Reviews
Write a ReviewNo reviews yet
Be the first to share your experience with this organization.