Civic Intelligence

Tivoli Free Library Assoc

990 • Fiscal year 2020 • EIN 14-1406349

Jan 01, 2020 to Dec 31, 2020 • Filed on May 08, 2021

PO Box 400Tivoli, NY 12583

(845) 532-9893

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Higher debt load relative to assets than 55% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Higher debt load relative to revenue than 55% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

58th percentile

10%

Higher net margin than 58% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

54th percentile

6.3%

Faster asset growth than 54% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

67th percentile

2.5%

Faster revenue growth than 67% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$391,897

Up $23,346 (+6.3%) from 2019

Net Assets

Up

$391,896

Up $23,345 (+6.3%) from 2019

Liabilities

Up

$1

Up $1 from 2019

Revenue

Up

$224,855

Up $5,552 (+2.5%) from 2019

Expenses

Up

$201,510

Up $11,922 (+6.3%) from 2019

Net Income

Down

$23,345

Down $6,370 (-21%) from 2019

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $269,881Liabilities 2011: $471Net Assets 2011: $269,4102011Assets 2012: $264,121Liabilities 2012: $5902012Assets 2013: $261,690Liabilities 2013: $271Net Assets 2013: $261,4192013Assets 2014: $235,020Net Assets 2014: $235,0202014Assets 2015: $271,666Liabilities 2015: $0Net Assets 2015: $271,6662015Assets 2016: $317,838Liabilities 2016: $0Net Assets 2016: $317,8382016Assets 2017: $347,838Liabilities 2017: $0Net Assets 2017: $347,8382017Assets 2018: $338,836Liabilities 2018: $0Net Assets 2018: $338,8362018Assets 2019: $368,551Liabilities 2019: $0Net Assets 2019: $368,5512019Assets 2020: $391,897Liabilities 2020: $1Net Assets 2020: $391,8962020Assets 2021: $439,761Liabilities 2021: $1Net Assets 2021: $439,7602021Assets 2022: $462,745Liabilities 2022: $0Net Assets 2022: $462,7452022Assets 2023: $485,860Liabilities 2023: $1,739Net Assets 2023: $484,1212023

Highlighted filing

2020

Assets$391,897
Liabilities$1
Net Assets$391,896

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $166,264Expenses 2011: $151,087Net Income 2011: $15,1772011Revenue 2012: $161,390Expenses 2012: $167,270Net Income 2012: -$5,8802012Revenue 2013: $167,043Expenses 2013: $169,154Net Income 2013: -$2,1112013Revenue 2014: $145,328Expenses 2014: $171,727Net Income 2014: -$26,3992014Revenue 2015: $221,036Expenses 2015: $184,390Net Income 2015: $36,6462015Revenue 2016: $225,014Expenses 2016: $178,842Net Income 2016: $46,1722016Revenue 2017: $224,679Expenses 2017: $194,254Net Income 2017: $30,4252017Revenue 2018: $223,410Expenses 2018: $188,092Net Income 2018: $35,3182018Revenue 2019: $219,303Expenses 2019: $189,588Net Income 2019: $29,7152019Revenue 2020: $224,855Expenses 2020: $201,510Net Income 2020: $23,3452020Revenue 2021: $236,942Expenses 2021: $189,078Net Income 2021: $47,8642021Revenue 2022: $227,457Expenses 2022: $204,472Net Income 2022: $22,9852022Revenue 2023: $242,368Expenses 2023: $220,992Net Income 2023: $21,3762023

Highlighted filing

2020

Revenue$224,855
Expenses$201,510
Net Income$23,345
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 8, 2021
Return Version
2020v4.0
Gross Receipts
$224,855
Mission and Program Overview

Mission

The mission of the Tivoli Free Library is two-fold: To facilitate lifelong learning and self education for the members of the surrounding community and to encourage young children and families to develop an ongoing interest in reading and learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$200,353$204,716▲ $4,363
Cash and Non-Interest-Bearing Accounts$96,570$123,458▲ $26,888
Land, Buildings, and Equipment, Net$71,628$63,723▼ $7,905
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$368,551$391,897▲ $23,346
Other Assets Total-$0-
Liabilities
Other Liabilities-$1-
Total Liabilities$0$1▲ $1
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$368,551$391,896▲ $23,345
Total Net Assets Fund Balance$368,551$391,896▲ $23,345
Total Liabilities and Net Assets / Fund Balance$368,551$391,897▲ $23,346

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$59,173$28,088$87,261
Equipment$4,550$17,032$21,582
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$218,315
Program Service Revenue
$2,676
Investment Income
$3,864
Other Revenue
$0
All Other Contributions
$11,715
Change in Net Assets
$23,345
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$134,389
Other Expenses$67,121
Total Fundraising Expense$1,567
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$71,705--$71,705
Current Officers, Directors, Trustees, and Key Employees$3,290$42,298$1,410$46,998
Payroll Taxes$9,882$5,647$157$15,686
Depreciation Depletion$7,905--$7,905
All Other Expenses$3,887$2,338-$6,225
Fees for Services Accounting-$5,850-$5,850
Insurance-$5,541-$5,541
Occupancy-$4,710-$4,710
Other Expenses$3,648--$3,648
Office Expenses$3,022--$3,022
Information Technology$1,800--$1,800
Advertising$548--$548
Travel$150--$150
Total Functional Expenses$133,559$66,384$1,567$201,510
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Board of Trustees reviews and approves 990 prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All volunteers and board members are required to annually sign and submit a conflict of interest form.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

The Library's audited financial statements are available upon request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Available upon request.

Filing and Contact Details

Filer

Filer Name
Tivoli Free Library
EIN
14-1406349
Phone
8455329893
Address
PO BOX 400, TIVOLI, NY 12583

Signing Officer

Name
Laura Gail Tyler
Title
President
Signed
2021-05-08
Discuss with paid preparer
Yes

Organization Details

Formed
1920
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
6
Volunteers
15

Preparer

Firm
Grady CPA Pc
Address
47 W MARKET ST STE 3, RHINEBECK, NY 12572
Preparer
John A Grady
Phone
8458764911
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Library's tax return in prepared on the modified cash basis of accounting, which is a basis of accounting that differes from generally accepted accounting principles.

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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0157
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt05647
IRS990/PayrollTaxesGrp/ProgramServicesAmt09882
IRS990/PayrollTaxesGrp/TotalAmt015686
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02676
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02676
IRS990/ProgSrvcAccomActy2Grp/Desc0The Library provides special programs to adults and children.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03936
IRS990/ProgSrvcAccomActy3Grp/Desc0The Library serves as an electronic doorway by providing computers and internet access to patrons.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01800
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0215158
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01296
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt063996
IRS990/PYProgramServiceRevenueAmt02849
IRS990/PYRevenuesLessExpensesAmt029715
IRS990/PYSalariesCompEmpBnftPaidAmt0125592
IRS990/PYTotalExpensesAmt0189588
IRS990/PYTotalRevenueAmt0219303
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt023345
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0200353
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0204716
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt011715
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt010158
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt07396
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt07641
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt09811
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt046721
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt03864
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01296
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0764
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0591
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0347
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt06862
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt03864
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01296
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0764
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0591
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0347
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt06862
IRS990ScheduleA/InvestmentIncomeCYPct00.00610
IRS990ScheduleA/InvestmentIncomePYPct00.00300
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02676
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt02849
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt06250
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt010747
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt05856
IRS990ScheduleA/OtherIncome509Grp/TotalAmt028378
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.96860
IRS990ScheduleA/PublicSupportPY509Pct00.96910
IRS990ScheduleA/PublicSupportTotal509Amt01086821
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearAmt0206600
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt0205000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt0209000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt0210500
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt0209000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt01040100
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0218315
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0215158
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0216396
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0218141
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0218811
IRS990ScheduleA/Total509Grp/TotalAmt01086821
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0224855
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0219303
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0223410
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0229479
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0225014
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01122061
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt04550
IRS990ScheduleD/EquipmentGrp/DepreciationAmt017032
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt021582
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt059173
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt028088
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt087261
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Library's tax return in prepared on the modified cash basis of accounting, which is a basis of accounting that differes from generally accepted accounting principles.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt063723
IRS990ScheduleD/TotalLiabilityAmt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Board of Trustees reviews and approves 990 prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All volunteers and board members are required to annually sign and submit a conflict of interest form.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Library's audited financial statements are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Available upon request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.86$0.02$4.84$2.42$2.21$0.21
2022Summary only. Only limited summary data is available for this year.$4.63$0.00$4.63$2.27$2.04$0.23
2021Summary only. Only limited summary data is available for this year.$4.40$0.00$4.40$2.37$1.89$0.48
2020Detailed filing. Detailed filing data is available for this year.$3.92$0.00$3.92$2.25$2.02$0.23
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.69$0.00$3.69$2.19$1.90$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.39$0.00$3.39$2.23$1.88$0.35
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$0.00$3.48$2.25$1.94$0.30
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.18$0.00$3.18$2.25$1.79$0.46
2015Detailed filing. Detailed filing data is available for this year.$2.72$0.00$2.72$2.21$1.84$0.37
2014Detailed filing. Detailed filing data is available for this year.$2.35$2.35$1.45$1.72$0.26
2013Detailed filing. Detailed filing data is available for this year.$2.62$0.00$2.61$1.67$1.69$0.02
2012Summary only. Only limited summary data is available for this year.$2.64$0.01$1.61$1.67$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.70$0.00$2.69$1.66$1.51$0.15