COLUMBUS METROPOLITAN LIBRARY FOUNDATION

EIN: 311692755 501(c)(3) Education

COLUMBUS, OH

Total Revenue
$3,094,527
Total Expenses
$3,319,888
Total Assets
$12,646,267
Net Assets
$11,462,330
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
OH
Principal Officer
JENNIFER MASSANOVA
Phone
6148491053
Tax Period
2024-01-01 to 2024-12-31

COLUMBUS METROPOLITAN LIBRARY FOUNDATION, founded in 1999, is a community nonprofit in the Education sector that reported $3.1M in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. Net assets of $11.5M represent 44 months of operating reserves.

Mission

BUILDING RESOURCES FOR THE SOLE PURPOSE OF ADVANCING THE VISION OF COLUMBUS METROPOLITAN LIBRARY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $3,380,367
Program Service Revenue $0
Investment Income $25,722
Other Revenue $-311,562
TOTAL REVENUE $3,094,527

Expense Breakdown

Grants Paid $2,749,416
Salaries & Benefits $0
Fundraising Expenses $166,449
Program Expenses $2,965,816
Other Expenses $570,472
TOTAL EXPENSES $3,319,888

Year-over-Year Comparison

2024 2023 Change
Revenue $3,094,527 $4,718,887 -0.3%
Expenses $3,319,888 $7,434,111 -0.6%
Net Income $-225,361 $-2,715,224 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
20
Independent Members
20
Employees
N/A
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$0
Total Directors
20
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALI HAQUE BOARD MEMBER 1.00
Director
$0 $0 $0
ANDREA THOMAS BOARD MEMBER 1.00
Director
$0 $0 $0
BARBARA SIEMER BOARD MEMBER 1.00
Director
$0 $0 $0
CATHY STRAUSS BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISSY HAND BOARD MEMBER 1.00
Director
$0 $0 $0
CORDE WESTWATER ROBINSON BOARD MEMBER 1.00
Director
$0 $0 $0
COREY FAVOR BOARD MEMBER 1.00
Director
$0 $0 $0
DAVID WHITE BOARD MEMBER 1.00
Director
$0 $0 $0
JANICA PIERCE TUCKER BOARD MEMBER 1.00
Director
$0 $0 $0
LAUREN HILSHEIMER MEIER BOARD MEMBER 1.00
Director
$0 $0 $0
MARJORIE DUFFY BOARD MEMBER 1.00
Director
$0 $0 $0
PEYMAN SALEHI BOARD MEMBER 1.00
Director
$0 $0 $0
SHANNON MORGAN BOARD MEMBER 1.00
Director
$0 $0 $0
TANISHA LYON BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
TIM FABER BOARD MEMBER 1.00
Director
$0 $0 $0
JENNIFER MASSANOVA PRESIDENT 1.00
Officer Director
$0 $0 $0
CHARLES FRAAS PAST PRESIDENT 1.00
Officer Director
$0 $0 $0
RENEE SHUMATE VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BILL REMIAS TREASURER 1.00
Officer Director
$0 $0 $0
RYAN SWINCICKI SECRETARY 1.00
Officer Director
$0 $0 $0
JIM MARTIN CFO, CMLF 10.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $3,094,527 $3,319,888 $12,646,267 $-225,361
2023 $4,718,887 $7,434,111 $11,473,517 $-2,715,224
2022 $2,523,674 $2,528,146 $14,459,758 $-4,472
2021 $3,074,597 $2,616,223 $16,369,672 $458,374
2020 $5,363,751 $5,319,610 $15,164,791 $44,141
2019 $5,576,744 $2,491,643 $11,817,498 $3,085,101
2018 $1,899,795 $1,811,295 $7,692,570 $88,500
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