Civic Intelligence

Kinderhook Memorial Library

990 • Fiscal year 2018 • EIN 14-1405453

Jan 01, 2018 to Dec 31, 2018 • Filed on May 02, 2019

18 Hudson StreetKinderhook, NY 12106

(518) 758-6192

Siviq Scores

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

Liabilities / Assets

36th percentile

0.04x

Higher debt load relative to assets than 36% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

54th percentile

0.11x

Higher debt load relative to revenue than 54% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Net Margin

96th percentile

66%

Higher net margin than 96% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

49th percentile

$61,005

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Asset Growth

84th percentile

34%

Faster asset growth than 84% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

14th percentile

-14%

Faster revenue growth than 14% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$2,995,976

Up $755,307 (+34%) from 2017

Net Assets

Up

$2,883,546

Up $662,782 (+30%) from 2017

Liabilities

Up

$112,430

Up $92,525 (+465%) from 2017

Revenue

Down

$1,002,863

Down $162,229 (-14%) from 2017

Expenses

Up

$340,081

Up $19,432 (+6.1%) from 2017

Net Income

Down

$662,782

Down $181,661 (-22%) from 2017

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $552,180Liabilities 2010: $6,315Net Assets 2010: $545,8652010Assets 2011: $605,557Liabilities 2011: $7,127Net Assets 2011: $598,4302011Assets 2012: $675,356Liabilities 2012: $10,448Net Assets 2012: $664,9082012Assets 2013: $735,715Liabilities 2013: $8,643Net Assets 2013: $727,0722013Assets 2014: $1,168,028Liabilities 2014: $12,355Net Assets 2014: $1,155,6732014Assets 2015: $1,261,572Liabilities 2015: $12,039Net Assets 2015: $1,249,5332015Assets 2016: $1,394,173Liabilities 2016: $17,852Net Assets 2016: $1,376,3212016Assets 2017: $2,240,669Liabilities 2017: $19,905Net Assets 2017: $2,220,7642017Assets 2018: $2,995,976Liabilities 2018: $112,430Net Assets 2018: $2,883,5462018Assets 2019: $2,910,360Liabilities 2019: $10,010Net Assets 2019: $2,900,3502019Assets 2020: $2,883,849Liabilities 2020: $15,801Net Assets 2020: $2,868,0482020Assets 2021: $2,817,896Liabilities 2021: $13,747Net Assets 2021: $2,804,1492021Assets 2022: $2,712,654Liabilities 2022: $17,370Net Assets 2022: $2,695,2842022Assets 2023: $2,735,021Liabilities 2023: $15,217Net Assets 2023: $2,719,8042023Assets 2024: $2,796,461Liabilities 2024: $26,404Net Assets 2024: $2,770,0572024

Highlighted filing

2018

Assets$2,995,976
Liabilities$112,430
Net Assets$2,883,546

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $197,8722010Expenses 2011: $197,3312011Expenses 2012: $215,3622012Revenue 2013: $315,957Expenses 2013: $253,794Net Income 2013: $62,1632013Revenue 2014: $762,956Expenses 2014: $334,355Net Income 2014: $428,6012014Revenue 2015: $372,327Expenses 2015: $278,467Net Income 2015: $93,8602015Revenue 2016: $428,924Expenses 2016: $302,136Net Income 2016: $126,7882016Revenue 2017: $1,165,092Expenses 2017: $320,649Net Income 2017: $844,4432017Revenue 2018: $1,002,863Expenses 2018: $340,081Net Income 2018: $662,7822018Revenue 2019: $440,790Expenses 2019: $423,986Net Income 2019: $16,8042019Revenue 2020: $394,815Expenses 2020: $427,117Net Income 2020: -$32,3022020Revenue 2021: $388,945Expenses 2021: $452,844Net Income 2021: -$63,8992021Revenue 2022: $421,830Expenses 2022: $489,774Net Income 2022: -$67,9442022Revenue 2023: $442,841Expenses 2023: $507,776Net Income 2023: -$64,9352023Revenue 2024: $572,154Expenses 2024: $570,412Net Income 2024: $1,7422024

Highlighted filing

2018

Revenue$1,002,863
Expenses$340,081
Net Income$662,782
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 2, 2019
Return Version
2018v3.1
Gross Receipts
$1,002,863
Mission and Program Overview

Mission

The library serves to enrich the quality of life for a diverse and growing constituency of all ages by providing resources and services which contribute to individual literecy, educaiton and entertainment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$765,563$2,218,985▲ $1,453,422
Pledges and Grants Receivable$203,788$527,315▲ $323,527
Savings and Temporary Cash Investments$1,271,318$249,676▼ $1,021,642
Total Assets$2,240,669$2,995,976▲ $755,307
Liabilities
Accounts Payable and Accrued Expenses$19,905$112,430▲ $92,525
Total Liabilities$19,905$112,430▲ $92,525
Net Assets / Fund Balance
Unrestricted Net Assets$1,261,751$2,700,328▲ $1,438,577
Temporarily Rstr Net Assets$959,013$183,218▼ $775,795
Total Net Assets Fund Balance$2,220,764$2,883,546▲ $662,782
Total Liabilities and Net Assets / Fund Balance$2,240,669$2,995,976▲ $755,307

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$2,033,952$84,873-
Land$20,000--
Equipment$165,033$37,889-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Annalee GiraldoExecutive Director LibrarianFT$61,005$61,005

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$995,847
Program Service Revenue
$6,461
Investment Income
$555
Other Revenue
$0
All Other Contributions
$451,326
Change in Net Assets
$662,782
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$196,414
Other Expenses$143,667
Total Fundraising Expense$12,294
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$96,032$10,458-$106,490
Current Officers, Directors, Trustees, and Key Employees$24,402$30,503$6,100$61,005
Depreciation Depletion$22,973--$22,973
All Other Expenses$18,388$1,262$2,740$22,390
Other Expenses$17,077$862-$17,077
Other Employee Benefits$6,027$7,534$1,507$15,068
Payroll Taxes$10,097$3,278$476$13,851
Occupancy$9,914$633-$10,547
Insurance$7,890$1,078$118$9,086
Information Technology$3,655-$1,290$4,945
Fees for Services Accounting-$4,200-$4,200
Conferences and Meetings$2,449--$2,449
Travel$1,729-$63$1,792
Fees for Services Other-$700-$700
Total Functional Expenses$267,279$60,508$12,294$340,081
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
Audit committee
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

Form 990 page 6 part vi section b 11b: the form is reviewed by the treasurer before it is filed. In addition the form 990 is presented and reviewed in detail at a board meeting following submission.

Conflict of interest policy compliance Part VI line 12C

Form 990 page 6 part vi section b 12b/c: there is no requirement for an annual disclosure form, however potential conflicts are reported to the entire board for review and disposal.

CEO executive director top management comp Part VI line 15A

Form 990 page 6 part vi section b 15a: the trustees of the library determine reasonable compensation based on the qualifications of the executive director and what similar size libraries are paying their executive directors.

Governing documents etc available to public Part VI line 19

Form 990 page 6 part vi section c 19: all documents, policy statements and financial information is maintained in the office of the kinderhook memorial library and is made available to anyone requesting it.

Filing and Contact Details

Filer

Filer Name
Kinderhook Memorial Library
EIN
14-1405453
Address
18 HUDSON STREET, KINDERHOOK, NY 12106

Signing Officer

Name
Annalee Giraldo
Title
Executive Direc
Phone
5187586192
Signed
2019-05-02
Discuss with paid preparer
No

Organization Details

Principal Officer
Dorothy Balko
Formed
1951
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
10

Preparer

Firm
Anthony M Scalzo CPA
Address
389 MAIN STREET, Catskill, NY 12414
Preparer
Anthony M Scalzo CPA
Phone
5189432322
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IRS990/PYRevenuesLessExpensesAmt0844443
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IRS990/PYTotalRevenueAmt01165092
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0662782
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/RevenueAmt0289969
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01271318
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0725712
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt06840
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01128582
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IRS990ScheduleD/BuildingsGrp/BookValueAmt02033952
IRS990ScheduleD/BuildingsGrp/DepreciationAmt084873
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt02118825
IRS990ScheduleD/EquipmentGrp/BookValueAmt0165033
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037889
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0202922
IRS990ScheduleD/LandGrp/BookValueAmt020000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt020000
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 PAGE 6 PART VI SECTION B 11B: THE FORM IS REVIEWED BY THE TREASURER BEFORE IT IS FILED. IN ADDITION THE FORM 990 IS PRESENTED AND REVIEWED IN DETAIL AT A BOARD MEETING FOLLOWING SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 PAGE 6 PART VI SECTION B 12B/C: THERE IS NO REQUIREMENT FOR AN ANNUAL DISCLOSURE FORM, HOWEVER POTENTIAL CONFLICTS ARE REPORTED TO THE ENTIRE BOARD FOR REVIEW AND DISPOSAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 PAGE 6 PART VI SECTION B 15A: THE TRUSTEES OF THE LIBRARY DETERMINE REASONABLE COMPENSATION BASED ON THE QUALIFICATIONS OF THE EXECUTIVE DIRECTOR AND WHAT SIMILAR SIZE LIBRARIES ARE PAYING THEIR EXECUTIVE DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 PAGE 6 PART VI SECTION C 19: ALL DOCUMENTS, POLICY STATEMENTS AND FINANCIAL INFORMATION IS MAINTAINED IN THE OFFICE OF THE KINDERHOOK MEMORIAL LIBRARY AND IS MADE AVAILABLE TO ANYONE REQUESTING IT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
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IRS990/TotalEmployeeCnt010
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0267279
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IRS990/TotalLiabilitiesGrp/BOYAmt019905
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IRS990/TotalOtherCompensationAmt00
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IRS990/TotalReportableCompFromOrgAmt061005
IRS990/TotalRevenueGrp/ExclusionAmt0555
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01002863
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IRS990/TravelGrp/ProgramServicesAmt01729
IRS990/TravelGrp/TotalAmt01792
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IRS990/UnrestrictedNetAssetsGrp/BOYAmt01261751
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IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0449 RIDGE RD

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.80$0.03$2.77$0.57$0.57$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.74$0.02$2.72$0.44$0.51$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.71$0.02$2.70$0.42$0.49$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.82$0.01$2.80$0.39$0.45$0.06
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.88$0.02$2.87$0.39$0.43$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.91$0.01$2.90$0.44$0.42$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.00$0.11$2.88$1.00$0.34$0.66
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.24$0.02$2.22$1.17$0.32$0.84
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.39$0.02$1.38$0.43$0.30$0.13
2015Detailed filing. Detailed filing data is available for this year.$1.26$0.01$1.25$0.37$0.28$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.17$0.01$1.16$0.76$0.33$0.43
2013Detailed filing. Detailed filing data is available for this year.$0.74$0.01$0.73$0.32$0.25$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.01$0.66$0.22
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.61$0.01$0.60$0.20
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.55$0.01$0.55$0.20