GOLD2024

Meridian Library District Foundation, Inc

Find your place. Fund the space.

aka Meridian Library Foundation   |   MERIDIAN, ID   |  http://www.supportmld.org
GuideStar Charity Check

Meridian Library District Foundation, Inc

EIN: 83-4381711


Mission

Meridian Library Foundation was founded in 2019 as a 501(c)(3) nonprofit to develop and encourage the long-term financial health and growth of the Meridian Library District with the purchase of land, construction of new buildings, and renovation/maintenance of current facilities.

Ruling year info

2019

Executive Director

Eryn Turner

Main address

P.O. Box 1561

MERIDIAN, ID 83680 USA

Show more contact info

EIN

83-4381711

Subject area info

Education

Libraries

Population served info

Children and youth

Adults

NTEE code info

Fund Raising and/or Fund Distribution (B12)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Capital Fundraising

Raising funds to support the capital needs of the Meridian Library District.

Population(s) Served
Adults

Where we work

Awards

Best Philanthropic Organization Award 2023

Meridian Chamber of Commerce

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals

  • Which of the following feedback practices does your organization routinely carry out?

    We aim to collect feedback from as many people we serve as possible, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We share the feedback we received with the people we serve, We tell the people who gave us feedback how we acted on their feedback

  • What challenges does the organization face when collecting feedback?

Financials

Meridian Library District Foundation, Inc
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

Average of 0.00 over 2 years

Months of cash in 2022 info

SOURCE: IRS Form 990

Average of 71.5 over 2 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

%

Average of 0% over 2 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Meridian Library District Foundation, Inc

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Meridian Library District Foundation, Inc

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Meridian Library District Foundation, Inc

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Meridian Library District Foundation, Inc’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2021
Unrestricted surplus (deficit) before depreciation $296,147
As % of expenses 1104.6%
Unrestricted surplus (deficit) after depreciation $296,147
As % of expenses 1104.6%
Revenue composition info
Total revenue (unrestricted & restricted) $324,157
Total revenue, % change over prior year 0.0%
Program services revenue 0.0%
Membership dues 0.0%
Investment income 0.0%
Government grants 0.0%
All other grants and contributions 100.0%
Other revenue 0.0%
Expense composition info
Total expenses before depreciation $26,810
Total expenses, % change over prior year 0.0%
Personnel 0.0%
Professional fees 0.0%
Occupancy 0.0%
Interest 0.0%
Pass-through 94.6%
All other expenses 5.4%
Full cost components (estimated) info 2021
Total expenses (after depreciation) $26,810
One month of savings $2,234
Debt principal payment $0
Fixed asset additions $0
Total full costs (estimated) $29,044

Capital structure indicators

Liquidity info 2021
Months of cash 143.0
Months of cash and investments 143.0
Months of estimated liquid unrestricted net assets 143.0
Balance sheet composition info 2021
Cash $319,582
Investments $0
Receivables $0
Gross land, buildings, equipment (LBE) $0
Accumulated depreciation (as a % of LBE) 0.0%
Liabilities (as a % of assets) 0.0%
Unrestricted net assets $319,582
Temporarily restricted net assets N/A
Permanently restricted net assets N/A
Total restricted net assets $0
Total net assets $319,582

Key data checks

Key data checks info 2021
Material data errors No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director

Eryn Turner

Number of employees

Source: IRS Form 990

Meridian Library District Foundation, Inc

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Meridian Library District Foundation, Inc

Board of directors
as of 01/31/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Jake Tolman

Christina Torkelson

Dom Gelsomino

Brian Turner

Mary Hibler

Mary Liz Jones

Jake Tolman

Becky McKinstry

Katie Marshall

Alicia Quilantan

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes