Civic Intelligence

Reading Public Library Foundation Inc.

990 • Fiscal year 2017 • EIN 04-3335881

Jan 01, 2017 to Dec 31, 2017 • Filed on May 05, 2018

Organization Profilewww.readingplfoundation.org
PO Box 96Reading, MA 01867

(781) 944-8886

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

97th percentile

85%

Higher net margin than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

77th percentile

17%

Faster asset growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

89th percentile

68%

Faster revenue growth than 89% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$1,267,077

Up $180,219 (+17%) from 2016

Net Assets

Up

$1,267,077

Up $180,219 (+17%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin97th percentile

Revenue

Up

$213,241

Up $86,253 (+68%) from 2016

Expenses

Down

$33,022

Down $169,534 (-84%) from 2016

Net Income

Up

$180,219

Up $255,787 (+338%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $792,470Liabilities 2011: $28,118Net Assets 2011: $764,3522011Assets 2012: $910,242Liabilities 2012: $15,767Net Assets 2012: $894,4752012Assets 2013: $1,050,674Liabilities 2013: $3,416Net Assets 2013: $1,047,2582013Assets 2014: $1,112,581Liabilities 2014: $0Net Assets 2014: $1,112,5812014Assets 2015: $1,162,426Liabilities 2015: $0Net Assets 2015: $1,162,4262015Assets 2016: $1,086,858Liabilities 2016: $0Net Assets 2016: $1,086,8582016Assets 2017: $1,267,077Liabilities 2017: $0Net Assets 2017: $1,267,0772017Assets 2018: $1,173,946Liabilities 2018: $0Net Assets 2018: $1,173,9462018Assets 2019: $1,516,410Liabilities 2019: $0Net Assets 2019: $1,516,4102019Assets 2020: $1,786,970Liabilities 2020: $0Net Assets 2020: $1,786,9702020Assets 2021: $2,047,855Liabilities 2021: $0Net Assets 2021: $2,047,8552021Assets 2022: $1,747,492Liabilities 2022: $0Net Assets 2022: $1,747,4922022Assets 2023: $2,249,145Liabilities 2023: $0Net Assets 2023: $2,249,1452023Assets 2024: $2,473,962Liabilities 2024: $0Net Assets 2024: $2,473,9622024Assets 2025: $2,689,055Liabilities 2025: $0Net Assets 2025: $2,689,0552025

Highlighted filing

2017

Assets$1,267,077
Liabilities$0
Net Assets$1,267,077
Open 2017 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2011: $34,201Expenses 2011: $20,758Net Income 2011: $13,4432011Revenue 2012: $145,868Expenses 2012: $15,745Net Income 2012: $130,1232012Revenue 2013: $169,848Expenses 2013: $17,065Net Income 2013: $152,7832013Revenue 2014: $86,063Expenses 2014: $20,740Net Income 2014: $65,3232014Revenue 2015: $124,702Expenses 2015: $74,857Net Income 2015: $49,8452015Revenue 2016: $126,988Expenses 2016: $202,556Net Income 2016: -$75,5682016Revenue 2017: $213,241Expenses 2017: $33,022Net Income 2017: $180,2192017Revenue 2018: -$61,339Expenses 2018: $31,792Net Income 2018: -$93,1312018Revenue 2019: $373,128Expenses 2019: $30,664Net Income 2019: $342,4642019Revenue 2020: $280,591Expenses 2020: $10,032Net Income 2020: $270,5592020Revenue 2021: $206,322Expenses 2021: $25,223Net Income 2021: $181,0992021Revenue 2022: $277,120Expenses 2022: $106,624Net Income 2022: $170,4962022Revenue 2023: $350,929Expenses 2023: $24,551Net Income 2023: $326,3782023Revenue 2024: $174,605Expenses 2024: $19,074Net Income 2024: $155,5312024Revenue 2025: $147,179Expenses 2025: $176,280Net Income 2025: -$29,1012025

Highlighted filing

2017

Revenue$213,241
Expenses$33,022
Net Income$180,219
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 5, 2018
Return Version
2017v2.2
Gross Receipts
$213,241
Mission and Program Overview

Mission

The reading public library foundation was established in 1996 to enhance library services and collections in the town of reading, massachusetts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$995,507$1,108,194▲ $112,687
Savings and Temporary Cash Investments$91,351$158,883▲ $67,532
Total Assets$1,086,858$1,267,077▲ $180,219
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Permanently Rstr Net Assets$959,933$1,003,559▲ $43,626
Temporarily Rstr Net Assets$117,180$238,934▲ $121,754
Unrestricted Net Assets$9,745$24,584▲ $14,839
Total Net Assets Fund Balance$1,086,858$1,267,077▲ $180,219
Total Liabilities and Net Assets / Fund Balance$1,086,858$1,267,077▲ $180,219
Compensation and Service Providers
Top Officer Pay35th percentile

Board Members and Trustees

NameTitle
BruceAustin
JohnBrzezenski
LynneCameron
EliseCiregna
AmyCoumounduros
RussellGraham
WilliamHecht
RobertNordstrand
MariaSilvaggi
Revenue and Support

Revenue Composition

Contributions and Grants
$43,636
Program Service Revenue
$0
Investment Income
$169,605
Other Revenue
$0
All Other Contributions
$43,636
Change in Net Assets
$180,219
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$21,904
Total Fundraising Expense$12,351
Grants and Similar Amounts Paid$11,118
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$0$0$12,351$12,351
Grants to Domestic Orgs$11,118--$11,118
Office Expenses$0$5,137$0$5,137
Fees for Services Management$0$4,015$0$4,015
Information Technology$0$250$0$250
Total Functional Expenses$11,118$9,553$12,351$33,022
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Reading Public LibraryReading, MA-Library Enhancement$11,118
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Reading Public Library Foundation Inc
EIN
04-3335881
Phone
7819448886
Address
PO BOX 96, READING, MA 01867

Signing Officer

Name
Amy Coumounduros
Title
Treasurer
Phone
7819448886
Signed
2018-05-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Amy Coumounduros
Formed
1996
Legal Domicile
Ma
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Michael Spurr CPA LLC
Address
131 MAIN ST, READING, MA 01867
Preparer
Amy Coumounduros
Phone
7819444960
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

“The Board of Directors of the Reading Public Library Foundation, Inc. each receive monthly financial statements for the Foundation. These are discussed at our monthly meetings and a year end analysis is performed at our January Board Meeting. A copy of the Form 990 and all accompanying schedules was presented to the Board of Directors on May 10, 2018. At that time all questions were answered by the Treasurer. The tax return will then be electronically filed by the Treasurer.”

Pt VI, Line 12C

“The Board of Directors holds annual elections, at which time the President of the Foundation asks all officers and directors if there are any conflicts of interest and reminds all of our published policies, a packet of which is distributed to all directors upon their initial election.”

Pt VI, Line 19

“All records of the Reading Public Library Foundation, Inc. are a matter of public record and may be obtained by contacting any officer of the Reading Public Library Foundation,Inc. Contact information for officers is kept at the circulation desk of the Reading Public Library and can also be found on our website.”

Form 990, Part III, Line 4D

“The reading public library continues 0. 11118. 0.”

Raw XML Appendix352 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE READING PUBLIC LIBRARY FOUNDATION WAS ESTABLISHED IN 1996 TO ENHANCE LIBRARY SERVICES AND COLLECTIONS IN THE TOWN OF READING, MASSACHUSETTS.
IRS990/AllOtherContributionsAmt043636
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0AMY COUMOUNDUROS
IRS990/BooksInCareOfDetail/PhoneNum07819448886
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt024 SMITH AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0READING
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001867
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt043636
IRS990/CYGrantsAndSimilarPaidAmt011118
IRS990/CYInvestmentIncomeAmt0169605
IRS990/CYOtherExpensesAmt021904
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0180219
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt033022
IRS990/CYTotalFundraisingExpenseAmt012351
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0213241
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0DONATION TO THE READING PUBLIC LIBRARY FOR GENERAL ENHANCEMENTS.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt011118
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesManagementGrp/FundraisingAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt04015
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt04015
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/PersonNm0ELISE
IRS990/Form990PartVIISectionAGrp/PersonNm1WILLIAM
IRS990/Form990PartVIISectionAGrp/PersonNm2AMY
IRS990/Form990PartVIISectionAGrp/PersonNm3BRUCE
IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN
IRS990/Form990PartVIISectionAGrp/PersonNm5LYNNE
IRS990/Form990PartVIISectionAGrp/PersonNm6RUSSELL
IRS990/Form990PartVIISectionAGrp/PersonNm7ROBERT
IRS990/Form990PartVIISectionAGrp/PersonNm8MARIA
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0CIREGNA
IRS990/Form990PartVIISectionAGrp/TitleTxt1HECHT
IRS990/Form990PartVIISectionAGrp/TitleTxt2COUMOUNDUROS
IRS990/Form990PartVIISectionAGrp/TitleTxt3AUSTIN
IRS990/Form990PartVIISectionAGrp/TitleTxt4BRZEZENSKI
IRS990/Form990PartVIISectionAGrp/TitleTxt5CAMERON
IRS990/Form990PartVIISectionAGrp/TitleTxt6GRAHAM
IRS990/Form990PartVIISectionAGrp/TitleTxt7NORDSTRAND
IRS990/Form990PartVIISectionAGrp/TitleTxt8SILVAGGI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01996
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt09
IRS990/GrantAmt011118
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt011118
IRS990/GrantsToDomesticOrgsGrp/TotalAmt011118
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0213241
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt09
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0250
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt0250
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0169605
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0995507
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01108194
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE READING PUBLIC LIBRARY FOUNDATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01086858
IRS990/NetAssetsOrFundBalancesEOYAmt01267077
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt05137
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt05137
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0COMMONWEALTH OF MA FILING FEE
IRS990/OtherExpensesGrp/Desc1PAYPAL FEE
IRS990/OtherExpensesGrp/Desc2CHARITABLE GIFT ANNUITY PAYMENTS
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt212351
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt070
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt181
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/TotalAmt070
IRS990/OtherExpensesGrp/TotalAmt181
IRS990/OtherExpensesGrp/TotalAmt212351
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0959933
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt01003559
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0AMY COUMOUNDUROS
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE READING PUBLIC LIBRARY CONTINUES TO SERVE THE COMMUNITY WITH A VARIETY OF TO SERVE THE COMMUNITY WITH A VARIETY OF TO SERVE THE COMMUNITY WITH A VARIETY OF
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt011118
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt042706
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0180000
IRS990/PYInvestmentIncomeAmt084282
IRS990/PYOtherExpensesAmt022556
IRS990/PYRevenuesLessExpensesAmt0-75568
IRS990/PYTotalExpensesAmt0202556
IRS990/PYTotalRevenueAmt0126988
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0180219
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt091351
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0158883
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt043636
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt042706
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt091179
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt039859
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt040888
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0258268
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt043636
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt025747
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt033523
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023331
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt016411
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0142648
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.64420
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.48890
IRS990ScheduleA/PublicSupportTotal170Amt0258268
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt043636
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt042706
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt091179
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt039859
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt040888
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0258268
IRS990ScheduleA/TotalSupportAmt0400916
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt011118
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0LIBRARY ENHANCEMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0READING PUBLIC LIBRARY
IRS990ScheduleI/RecipientTable/RecipientEIN0046001277
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt064 MIDDLESEX AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0READING
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd001867
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board of Directors of the Reading Public Library Foundation, Inc. each receive monthly financial statements for the Foundation. These are discussed at our monthly meetings and a year end analysis is performed at our January Board Meeting. A copy of the Form 990 and all accompanying schedules was presented to the Board of Directors on May 10, 2018. At that time all questions were answered by the Treasurer. The tax return will then be electronically filed by the Treasurer.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Board of Directors holds annual elections, at which time the President of the Foundation asks all officers and directors if there are any conflicts of interest and reminds all of our published policies, a packet of which is distributed to all directors upon their initial election.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2All records of the Reading Public Library Foundation, Inc. are a matter of public record and may be obtained by contacting any officer of the Reading Public Library Foundation,Inc. Contact information for officers is kept at the circulation desk of the Reading Public Library and can also be found on our website.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE READING PUBLIC LIBRARY CONTINUES 0. 11118. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part III, Line 4d
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0117180
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0238934
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01086858
IRS990/TotalAssetsEOYAmt01267077
IRS990/TotalAssetsGrp/BOYAmt01086858
IRS990/TotalAssetsGrp/EOYAmt01267077
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt043636
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt012351
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09553
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt011118
IRS990/TotalFunctionalExpensesGrp/TotalAmt033022
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01086858
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01267077
IRS990/TotalOtherProgSrvcGrantAmt011118
IRS990/TotalProgramServiceExpensesAmt011118
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0169605
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0213241
IRS990/TotalVolunteersCnt09
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01086858
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01267077
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt09745
IRS990/UnrestrictedNetAssetsGrp/EOYAmt024584
IRS990/USAddress/AddressLine1Txt024 SMITH AVENUE
IRS990/USAddress/CityNm0READING
IRS990/USAddress/StateAbbreviationCd0MA
IRS990/USAddress/ZIPCd001867
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.readingplfoundation.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0AMY COUMOUNDUROS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07819448886
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0READING PUBLIC LIBRARY FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0READ
ReturnHeader/Filer/EIN0043335881
ReturnHeader/Filer/PhoneNum07819448886
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 96
ReturnHeader/Filer/USAddress/CityNm0READING
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001867
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0448296CCF41D28D311EF1EEFB16894791675D022
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0448296CCF41D28D311EF1EEFB16894791675D022
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt072.74.58.39
ReturnHeader/FilingSecurityInformation/IPDt02018-08-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm010:18:21
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MICHAEL SPURR CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0131 MAIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0READING
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001867
ReturnHeader/PreparerPersonGrp/PhoneNum07819444960
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0AMY COUMOUNDUROS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-08-12T10:18:23-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,267,077
Liabilities
$0
Net assets
$1,267,077
Revenue
$213,241
Expenses
$33,022
Net income
$180,219
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.69$0.00$2.69$0.15$0.18$0.03
2024Detailed filing. Detailed filing data is available for this year.$2.47$0.00$2.47$0.17$0.02$0.16
2023Detailed filing. Detailed filing data is available for this year.$2.25$0.00$2.25$0.35$0.02$0.33
2022Detailed filing. Detailed filing data is available for this year.$1.75$0.00$1.75$0.28$0.11$0.17
2021Detailed filing. Detailed filing data is available for this year.$2.05$0.00$2.05$0.21$0.03$0.18
2020Detailed filing. Detailed filing data is available for this year.$1.79$0.00$1.79$0.28$0.01$0.27
2019Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$0.37$0.03$0.34
2018Detailed filing. Detailed filing data is available for this year.$1.17$0.00$1.17$0.06$0.03$0.09
2017Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.21$0.03$0.18
2016Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.13$0.20$0.08
2015Summary only. Only limited summary data is available for this year.$1.16$0.00$1.16$0.12$0.07$0.05
2014Summary only. Only limited summary data is available for this year.$1.11$0.00$1.11$0.09$0.02$0.07
2013Summary only. Only limited summary data is available for this year.$1.05$0.00$1.05$0.17$0.02$0.15
2012Summary only. Only limited summary data is available for this year.$0.91$0.02$0.89$0.15$0.02$0.13
2011Summary only. Only limited summary data is available for this year.$0.79$0.03$0.76$0.03$0.02$0.01