Civic Intelligence

Stamford Village Library

990 • Fiscal year 2022 • EIN 16-1059867

Jan 01, 2022 to Dec 31, 2022 • Filed on Mar 22, 2023

117 Main StreetStamford, NY 12167

(607) 652-5001

Siviq Scores

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

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

29th percentile

0.01x

Higher debt load relative to revenue than 29% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

55th percentile

9.4%

Higher net margin than 55% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

46th percentile

$42,231

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 21.5% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

10th percentile

-17%

Faster asset growth than 10% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

5th percentile

-59%

Faster revenue growth than 5% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$2,809,275

Down $562,765 (-17%) from 2021

Net Assets

Down

$2,806,348

Down $563,951 (-17%) from 2021

Liabilities

Up

$2,927

Up $1,186 (+68%) from 2021

Revenue

Down

$196,595

Down $277,655 (-59%) from 2021

Expenses

Up

$178,165

Up $27,804 (+18%) from 2021

Net Income

Down

$18,430

Down $305,459 (-94%) from 2021

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $2,026,020Liabilities 2011: $0Net Assets 2011: $2,026,0202011Assets 2012: $2,144,226Liabilities 2012: $0Net Assets 2012: $2,144,2262012Assets 2013: $2,367,761Liabilities 2013: $0Net Assets 2013: $2,367,7612013Assets 2014: $2,382,839Liabilities 2014: $0Net Assets 2014: $2,382,8392014Assets 2016: $46,664Liabilities 2016: $0Net Assets 2016: $46,6642016Assets 2017: $1,775,109Liabilities 2017: $0Net Assets 2017: $1,775,1092017Assets 2018: $1,781,237Liabilities 2018: $0Net Assets 2018: $1,781,2372018Assets 2019: $1,895,331Liabilities 2019: $0Net Assets 2019: $1,895,3312019Assets 2020: $1,921,691Liabilities 2020: $0Net Assets 2020: $1,921,6912020Assets 2021: $3,372,040Liabilities 2021: $1,741Net Assets 2021: $3,370,2992021Assets 2022: $2,809,275Liabilities 2022: $2,927Net Assets 2022: $2,806,3482022Assets 2023: $3,046,527Liabilities 2023: -$564Net Assets 2023: $3,047,0912023Assets 2024: $3,962,435Liabilities 2024: $332Net Assets 2024: $3,962,1032024

Highlighted filing

2022

Assets$2,809,275
Liabilities$2,927
Net Assets$2,806,348

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $62,579Expenses 2011: $67,968Net Income 2011: -$5,3892011Revenue 2012: $69,209Expenses 2012: $78,874Net Income 2012: -$9,6652012Revenue 2013: $84,189Expenses 2013: $76,416Net Income 2013: $7,7732013Revenue 2014: $74,322Expenses 2014: $86,733Net Income 2014: -$12,4112014Revenue 2016: $140,338Expenses 2016: $93,674Net Income 2016: $46,6642016Revenue 2017: $133,490Expenses 2017: $121,984Net Income 2017: $11,5062017Revenue 2018: $127,664Expenses 2018: $122,013Net Income 2018: $5,6512018Revenue 2019: $114,340Expenses 2019: $142,780Net Income 2019: -$28,4402019Revenue 2020: $151,092Expenses 2020: $124,732Net Income 2020: $26,3602020Revenue 2021: $474,250Expenses 2021: $150,361Net Income 2021: $323,8892021Revenue 2022: $196,595Expenses 2022: $178,165Net Income 2022: $18,4302022Revenue 2023: $166,498Expenses 2023: $197,404Net Income 2023: -$30,9062023Revenue 2024: $896,556Expenses 2024: $208,883Net Income 2024: $687,6732024

Highlighted filing

2022

Revenue$196,595
Expenses$178,165
Net Income$18,430
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Mar 22, 2023
Return Version
2022v5.0
Gross Receipts
$464,184
Mission and Program Overview

Mission

To make books pubs and electronics available to the public

To make books, publications and electronic materials available to the public

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$3,271,621$2,584,494▼ $687,127
Land, Buildings, and Equipment, Net-$132,392-
Savings and Temporary Cash Investments$61,743$58,389▼ $3,354
Cash and Non-Interest-Bearing Accounts$38,676$34,000▼ $4,676
Total Assets$3,372,040$2,809,275▼ $562,765
Liabilities
Accounts Payable and Accrued Expenses$1,741$2,927▲ $1,186
Total Liabilities$1,741$2,927▲ $1,186
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,370,299$2,758,326▼ $611,973
Net Assets With Donor Restrictions-$48,022-
Total Net Assets Fund Balance$3,370,299$2,806,348▼ $563,951
Total Liabilities and Net Assets / Fund Balance$3,372,040$2,809,275▼ $562,765

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,992$228-
Land$127,400-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Erica EklundDirectorFT$42,231$42,231

Board Members and Trustees

NameTitle
Barbara BallietBoard President
Linda StratigosVice President
Janet WennerTrustee
John HubbardTrustee
Lyle ChastaineTrustee
Michael TeitelbaumTrustee
Stephanie Rubin-RequetTrustee
Ellen ThornSecretary
Mildred FaulknerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$43,863
Program Service Revenue
$44,977
Investment Income
$97,716
Other Revenue
$10,039
All Other Contributions
$42,134
Change in Net Assets
$18,430
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$110,449
Other Expenses$67,716
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$60,513$0$0$60,513
Current Officers, Directors, Trustees, and Key Employees$37,664$4,185$0$41,849
Fees for Service Investment Mgmnt Fees$0$20,271$0$20,271
Other Expenses$12,398$0$0$12,398
Information Technology$9,153$0$0$9,153
Payroll Taxes$7,755$332$0$8,087
Fees for Services Accounting$0$6,920$0$6,920
Insurance$3,596$400$0$3,996
Office Expenses$3,316$367$0$3,683
Occupancy$1,860$207$0$2,067
Fees for Services Other$510$57$0$567
Conferences and Meetings$254$0$0$254
Depreciation Depletion$228$0$0$228
Travel$122$0$0$122
Total Functional Expenses$145,426$32,739$0$178,165
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,500
Fundraising Direct Expenses$2,465
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
Audit committee
Yes
Backup withholding compliance
Yes
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
Filing and Contact Details

Filer

Filer Name
Stamford Library
EIN
16-1059867
Phone
6076525001
Address
117 Main Street, Stamford, NY 12167

Signing Officer

Name
Mildred Faulkner
Title
Treasurer
Phone
6076525001
Signed
2023-03-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mildred Faulkner
Formed
1907
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
7
Volunteers
0

Preparer

Firm
Evening Star Bookkeeping Services
Address
109 Terrace Mtn Rd PO Box 512, Schoharie, NY 12157
Preparer
Aileen A Lawton
Phone
5182958066
Supplemental Narrative

Additional Explanations

Pt VI, Line 12C

Annual requests are in writing

Pt VI, Line 11B

Provided by Treasurer

Raw XML AppendixShowing 400 of 451 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.

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IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0392169
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IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
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IRS990/PYOtherRevenueAmt06312
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IRS990/PYSalariesCompEmpBnftPaidAmt082744
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IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt018430
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IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt01429
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt088840
IRS990/SavingsAndTempCashInvstGrp/BOYAmt061743
IRS990/SavingsAndTempCashInvstGrp/EOYAmt058389
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt031689
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt024764
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt030948
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0162057
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt097716
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt0224953
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt069764
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt075948
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0387010
IRS990ScheduleA/TotalSupportAmt0688228
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IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/LandGrp/BookValueAmt0127400
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt0127400
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04992
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0228
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt05220
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0132392
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Annual requests are in writing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Provided by Treasurer
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03372040
IRS990/TotalAssetsEOYAmt02809275
IRS990/TotalAssetsGrp/BOYAmt03372040
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IRS990/TotalCompGreaterThan150KInd0false
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0145426
IRS990/TotalFunctionalExpensesGrp/TotalAmt0178165
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01741
IRS990/TotalLiabilitiesEOYAmt02927
IRS990/TotalLiabilitiesGrp/BOYAmt01741
IRS990/TotalLiabilitiesGrp/EOYAmt02927
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03370299
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IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/ExclusionAmt00
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IRS990/TotalOthProgramServiceRevGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalProgramServiceExpensesAmt0145426
IRS990/TotalProgramServiceRevenueAmt044977
IRS990/TotalReportableCompFromOrgAmt042231
IRS990/TotalRevenueGrp/ExclusionAmt08035
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0144697
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0196595
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03372040
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02809275
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00

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