Dolly Parton's Imagination Library

EIN: 841826095 501(c)(3) Education

Beavercreek, OH

Total Revenue
$13,296,428
Total Expenses
$11,574,200
Total Assets
$13,384,579
Net Assets
$13,382,729
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
OH
Principal Officer
Barbara Mills
Phone
6142274818
Tax Period
2024-01-01 to 2024-12-31

Dolly Parton's Imagination Library, founded in 2019, is a mid-sized nonprofit in the Education sector that reported $13.3M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $11.6M left a modest 13% surplus.

Mission

The mission of Dolly Parton's Imagination Library is to promote and encourage reading by the children of the State of Ohio, including for such purposes the provision of books to children through Dolly Parton's Imagination Library and ancillary activities, programs, and benefits.

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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 $8,772,807
Program Service Revenue $3,946,906
Investment Income $576,715
Other Revenue $0
TOTAL REVENUE $13,296,428

Expense Breakdown

Grants Paid $0
Salaries & Benefits $538,540
Fundraising Expenses $200,019
Program Expenses $11,152,233
Other Expenses $11,035,660
TOTAL EXPENSES $11,574,200

Year-over-Year Comparison

2024 2023 Change
Revenue $13,296,428 $11,574,564 +0.1%
Expenses $11,574,200 $10,544,442 +0.1%
Net Income $1,722,228 $1,030,122 +0.7%
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

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
10
Employees
5
Volunteers
10

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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Claire Rosacco Director 1.00
Director
$0 $0 $0
Jane Gerhardt Director 1.00
Director
$0 $0 $0
Karen DeWine Director 1.00
Director
$0 $0 $0
LeeAnn Johnson Director 1.00
Director
$0 $0 $0
Rebecca Schey Director 1.00
Director
$0 $0 $0
Shannon Jones Director 1.00
Director
$0 $0 $0
Vicki Giambrone Director 1.00
Director
$0 $0 $0
Barbara Mills President 2.00
Officer
$0 $0 $0
Leah Pappas Porner Treasurer 1.00
Officer
$0 $0 $0
Majida Mourad Secretary 1.00
Officer
$0 $0 $0
Timberly Pierce Executive Director 40.00
Highest
$190,112 $7,627 $197,739
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
2024 $13,296,428 $11,574,200 $13,384,579 $1,722,228
2023 $11,574,564 $10,544,442 $11,661,500 $1,030,122
2022 $15,621,989 $13,052,132 $10,631,007 $2,569,857
2021 $11,938,530 $7,483,674 $8,059,955 $4,454,856
2020 $2,922,653 $4,967,052 $3,607,388 $-2,044,399
2019 $6,417,871 $768,736 $5,651,101 $5,649,135
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