Civic Intelligence

Oswego School District Public Library

990 • Fiscal year 2018 • EIN 16-1579959

Jul 01, 2017 to Jun 30, 2018 • Filed on Oct 03, 2018

120 East Second StreetOswego, NY 13126

(315) 341-5867

Siviq Scores

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

Liabilities / Assets

64th percentile

0.55x

Higher debt load relative to assets than 64% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

3.60x

Higher debt load relative to revenue than 95% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Net Margin

61st percentile

7.0%

Higher net margin than 61% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

25th percentile

$48,853

Higher top officer pay than 25% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Asset Growth

32nd percentile

-1.0%

Faster asset growth than 32% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

25th percentile

-1.2%

Faster revenue growth than 25% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$9,135,269

Down $94,082 (-1.0%) from 2017

Net Assets

Up

$4,068,026

Up $98,471 (+2.5%) from 2017

Liabilities

Down

$5,067,243

Down $192,553 (-3.7%) from 2017

Revenue

Down

$1,408,793

Down $16,921 (-1.2%) from 2017

Expenses

Up

$1,310,322

Up $18,655 (+1.4%) from 2017

Net Income

Down

$98,471

Down $35,576 (-27%) from 2017

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $10,574,514Liabilities 2010: $6,775,658Net Assets 2010: $3,798,8562010Assets 2011: $10,319,175Liabilities 2011: $6,626,722Net Assets 2011: $3,692,4532011Assets 2012: $10,108,904Liabilities 2012: $6,474,485Net Assets 2012: $3,634,4192012Assets 2013: $9,874,818Liabilities 2013: $6,331,583Net Assets 2013: $3,543,2352013Assets 2014: $9,654,749Liabilities 2014: $5,750,478Net Assets 2014: $3,904,2712014Assets 2015: $9,431,692Liabilities 2015: $5,598,882Net Assets 2015: $3,832,8102015Assets 2016: $9,258,246Liabilities 2016: $5,425,228Net Assets 2016: $3,833,0182016Assets 2017: $9,229,351Liabilities 2017: $5,259,796Net Assets 2017: $3,969,5552017Assets 2018: $9,135,269Liabilities 2018: $5,067,243Net Assets 2018: $4,068,0262018Assets 2019: $8,863,759Liabilities 2019: $4,762,724Net Assets 2019: $4,101,0352019Assets 2020: $8,721,886Liabilities 2020: $4,589,947Net Assets 2020: $4,131,9392020Assets 2021: $8,686,712Liabilities 2021: $4,380,056Net Assets 2021: $4,306,6562021Assets 2022: $8,711,631Liabilities 2022: $4,284,794Net Assets 2022: $4,426,8372022Assets 2023: $8,641,996Liabilities 2023: $4,044,038Net Assets 2023: $4,597,9582023Assets 2024: $8,465,140Liabilities 2024: $3,786,214Net Assets 2024: $4,678,9262024

Highlighted filing

2018

Assets$9,135,269
Liabilities$5,067,243
Net Assets$4,068,026

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,177,3752010Expenses 2011: $1,283,3882011Revenue 2012: $1,257,998Expenses 2012: $1,316,626Net Income 2012: -$58,6282012Revenue 2013: $1,165,786Expenses 2013: $1,256,950Net Income 2013: -$91,1642013Revenue 2014: $1,586,952Expenses 2014: $1,230,429Net Income 2014: $356,5232014Revenue 2015: $1,186,709Expenses 2015: $1,257,609Net Income 2015: -$70,9002015Revenue 2016: $1,263,786Expenses 2016: $1,263,788Net Income 2016: -$22016Revenue 2017: $1,425,714Expenses 2017: $1,291,667Net Income 2017: $134,0472017Revenue 2018: $1,408,793Expenses 2018: $1,310,322Net Income 2018: $98,4712018Revenue 2019: $1,354,076Expenses 2019: $1,282,278Net Income 2019: $71,7982019Revenue 2020: $1,375,186Expenses 2020: $1,303,832Net Income 2020: $71,3542020Revenue 2021: $1,378,195Expenses 2021: $1,187,524Net Income 2021: $190,6712021Revenue 2022: $1,408,507Expenses 2022: $1,260,558Net Income 2022: $147,9492022Revenue 2023: $1,458,548Expenses 2023: $1,245,727Net Income 2023: $212,8212023Revenue 2024: $1,487,483Expenses 2024: $1,367,029Net Income 2024: $120,4542024

Highlighted filing

2018

Revenue$1,408,793
Expenses$1,310,322
Net Income$98,471
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Oct 3, 2018
Return Version
2017v2.3
Gross Receipts
$1,408,793
Mission and Program Overview

Mission

The mission of the oswego public library is to be the learning center for the greater oswego area and the place people turn to for the discovery of ideas, the job of reading and the power of information. Community needs drive our services. We believe that library services should be delivered in a welcoming, convenient and responsive manor.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,016,791$7,755,865▼ $260,926
Savings and Temporary Cash Investments$952,708$1,111,021▲ $158,313
Intangible Assets$142,148$134,634▼ $7,514
Cash and Non-Interest-Bearing Accounts$76,877$81,622▲ $4,745
Accounts Receivable-$47,254-
Investments Other Securities$35,954--
Prepaid Expenses and Deferred Charges$4,873$4,873→ $0
Total Assets$9,229,351$9,135,269▼ $94,082
Liabilities
Tax Exempt Bond Liabilities$4,820,000$4,660,000▼ $160,000
Mortgage Notes Payable Secured by Investment Property$390,945$370,428▼ $20,517
Accounts Payable and Accrued Expenses$41,734$36,815▼ $4,919
Other Liabilities$7,117--
Total Liabilities$5,259,796$5,067,243▼ $192,553
Net Assets / Fund Balance
Unrestricted Net Assets$3,940,718$4,068,026▲ $127,308
Temporarily Rstr Net Assets$28,837--
Total Net Assets Fund Balance$3,969,555$4,068,026▲ $98,471
Total Liabilities and Net Assets / Fund Balance$9,229,351$9,135,269▼ $94,082

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,662,335$2,616,000$10,278,335
Land$50,033-$50,033
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Carol M FerlitoLibrary DireFT$48,853$48,853

Board Members and Trustees

NameTitle
Cathy SantosPresident
George DemassTrustee
Lee WalkerTrustee
Mercedes NiessTrustee
Andrea RossSecretary
Dr Joseph SgarlataTreasurer
Kathy MantaroVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$1,387,083
Program Service Revenue
$13,892
Investment Income
$2,263
Other Revenue
$5,555
All Other Contributions
$30,659
Change in Net Assets
$98,471

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,408,793
Total Revenue per Audited Statements
$1,408,793
Total Revenue per Form 990
$1,408,793
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$754,569
Salaries, Compensation, and Employee Benefits$555,753
Total Fundraising Expense$64,386
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$264,488$15,558$31,116$311,162
Depreciation Depletion$262,514$29,168-$291,682
Interest$221,237$23,616$966$245,819
Other Employee Benefits$104,976$6,175$12,350$123,501
Occupancy$32,820$18,866$1,824$53,510
Current Officers, Directors, Trustees, and Key Employees$41,525$2,443$4,885$48,853
Pension Plan Contributions$40,947$2,409$4,817$48,173
Office Expenses$22,170$1,232$1,231$24,633
Insurance$21,973$2,441-$24,414
Payroll Taxes$20,454$1,203$2,407$24,064
Fees for Services Accounting$3,750$3,750-$7,500
Other Expenses$5,748$639$2,418$6,387
All Other Expenses$2,209$918-$3,127
Fees for Services Other$995$994-$1,989
Total Functional Expenses$1,132,540$113,396$64,386$1,310,322

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,310,322
Total Expenses per Audited Statements$1,310,322
Total Expenses per Form 990$1,310,322
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
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACounty of Oswego Industrial Develop2006-06-29$5,972,240Renovation & construction of additions to the library

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A----

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
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 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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of form 990 will be provided to all board members prior to it being filed. The fiscal officers and president will review the 990 in addition to the board members' review.

Form 990, Page 6, Part VI, Line 12C

The board signs an annual conflict of interest policy which specifically requests disclosure if there are any business or family relationships between officers, directors, trustees or key employees. Board members, officers, and key employees are required to disclose any potential conflict of interest statement and disclose any potential conflict of interest as it arises. Full disclosure, by notice in writing, is made by an individual to the secretary of the corporation who monitors the process and addresses any potential conflicts of interest with the board of trustees. The board of trustees is responsible for determining whether a conflict of interest exists and if so, the board of trustees shall vote to authorize or reject the transaction and/or condition. Any vote shall be by a quorum of the members of the board of trustees and will be determined by majority vote without counting the vote of any interested trustee.

Form 990, Page 6, Part VI, Line 15A

The process for determining compensation of the organization's director includes approval by board members and comparables to similar type organizations.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Oswego School District Public
EIN
16-1579959
Phone
3153415867
Address
120 EAST SECOND STREET, OSWEGO, NY 13126

Signing Officer

Name
Dr Joseph Sgarlata
Title
Treasurer
Phone
3153415867
Signed
2018-10-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Joseph Sgarlata
Formed
2002
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
25
Volunteers
53

Preparer

Firm
CUDDY & WARD LLP CPA'S
Address
110 GENESEE ST STE 230, AUBURN, NY 13021
Preparer
Richard D Ward CPA
Phone
3152538424
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the oswego public library is to be the learning center for the greater oswego area and the place people turn to for the discovery of ideas, the job of reading and the power of information. Community needs drive our services. We believe that library services should be delivered in a welcoming, convenient and responsive manor.

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IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt012350
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt06175
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0104976
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0123501
IRS990/OtherExpensesGrp/Desc0CONTRACTUAL EXPENSE
IRS990/OtherExpensesGrp/Desc1BOOKS & PERIODICALS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/Desc3EQUIPMENT & MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt02372
IRS990/OtherExpensesGrp/FundraisingAmt12418
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02371
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11613
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2639
IRS990/OtherExpensesGrp/ProgramServicesAmt042683
IRS990/OtherExpensesGrp/ProgramServicesAmt140019
IRS990/OtherExpensesGrp/ProgramServicesAmt24032
IRS990/OtherExpensesGrp/ProgramServicesAmt35748
IRS990/OtherExpensesGrp/TotalAmt047426
IRS990/OtherExpensesGrp/TotalAmt140019
IRS990/OtherExpensesGrp/TotalAmt28063
IRS990/OtherExpensesGrp/TotalAmt36387
IRS990/OtherLiabilitiesGrp/BOYAmt07117
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt05555
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt05555
IRS990/OtherRevenueTotalAmt05555
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt031116
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt015558
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0264488
IRS990/OtherSalariesAndWagesGrp/TotalAmt0311162
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt02407
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01203
IRS990/PayrollTaxesGrp/ProgramServicesAmt020454
IRS990/PayrollTaxesGrp/TotalAmt024064
IRS990/PensionPlanContributionsGrp/FundraisingAmt04817
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02409
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt040947
IRS990/PensionPlanContributionsGrp/TotalAmt048173
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04873
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04873
IRS990/PrincipalOfficerNm0DR JOSEPH SGARLATA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0BOOK FINES & COPY INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt013892
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt013892
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01399112
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt01996
IRS990/PYOtherExpensesAmt0741402
IRS990/PYOtherRevenueAmt09120
IRS990/PYProgramServiceRevenueAmt015486
IRS990/PYRevenuesLessExpensesAmt0134047
IRS990/PYSalariesCompEmpBnftPaidAmt0550265
IRS990/PYTotalExpensesAmt01291667
IRS990/PYTotalRevenueAmt01425714
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt098471
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01396293
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0952708
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01111021
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01387083
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01399112
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01243031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01147855
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01557478
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06734559
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02263
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01996
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01554
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt01404
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07217
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt019447
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99890
IRS990ScheduleA/PublicSupportPY170Pct00.99410
IRS990ScheduleA/PublicSupportTotal170Amt06734559
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01387083
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01399112
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01243031
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01147855
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01557478
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06734559
IRS990ScheduleA/TotalSupportAmt06741776
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt07662335
IRS990ScheduleD/BuildingsGrp/DepreciationAmt02616000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt010278335
IRS990ScheduleD/ExpensesSubtotalAmt01310322
IRS990ScheduleD/LandGrp/BookValueAmt050033
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt050033
IRS990ScheduleD/RevenueSubtotalAmt01408793
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07712368
IRS990ScheduleD/TotalExpensesPerForm990Amt01310322
IRS990ScheduleD/TotalRevenuePerForm990Amt01408793
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01408793
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01310322
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/VariableRateIssueInd0false
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/WrittenProcToMonitorReqsInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuedDt02006-06-29
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondIssuerEIN0161363385
IRS990ScheduleK/TaxExemptBondsIssuesGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsIssuesGrp/CUSIPNum0688640AQ4
IRS990ScheduleK/TaxExemptBondsIssuesGrp/DefeasedInd0true
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuePriceAmt05972240
IRS990ScheduleK/TaxExemptBondsIssuesGrp/IssuerName/BusinessNameLine1Txt0COUNTY OF OSWEGO INDUSTRIAL DEVELOP
IRS990ScheduleK/TaxExemptBondsIssuesGrp/OnBehalfOfIssuerInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PoolFinancingInd0false
IRS990ScheduleK/TaxExemptBondsIssuesGrp/PurposeDesc0RENOVATION & CONSTRUCTION OF ADDITIONS TO THE LIBRARY
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyLeaseArrangementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/AnyResearchAgreementsInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondIssMeetPrvtSecPymtTestInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ChangeInUseBondFinancedPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/MgmtContractBondFincdPropInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/OwningBondFinancedPropertyInd0false
IRS990ScheduleK/TaxExemptBondsPrivateBusUseGrp/ProcsNonqualifiedBondRemdtdInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdequateBooksAndRecMaintInd0true
IRS990ScheduleK/TaxExemptBondsProceedsGrp/AdvanceRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsProceedsGrp/CurrentRefundingInd0false
IRS990ScheduleK/TaxExemptBondsProceedsGrp/FinalAllocationMadeInd0true
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE OSWEGO PUBLIC LIBRARY IS TO BE THE LEARNING CENTER FOR THE GREATER OSWEGO AREA AND THE PLACE PEOPLE TURN TO FOR THE DISCOVERY OF IDEAS, THE JOB OF READING AND THE POWER OF INFORMATION. COMMUNITY NEEDS DRIVE OUR SERVICES. WE BELIEVE THAT LIBRARY SERVICES SHOULD BE DELIVERED IN A WELCOMING, CONVENIENT AND RESPONSIVE MANOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF FORM 990 WILL BE PROVIDED TO ALL BOARD MEMBERS PRIOR TO IT BEING FILED. THE FISCAL OFFICERS AND PRESIDENT WILL REVIEW THE 990 IN ADDITION TO THE BOARD MEMBERS' REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD SIGNS AN ANNUAL CONFLICT OF INTEREST POLICY WHICH SPECIFICALLY REQUESTS DISCLOSURE IF THERE ARE ANY BUSINESS OR FAMILY RELATIONSHIPS BETWEEN OFFICERS, DIRECTORS, TRUSTEES OR KEY EMPLOYEES. BOARD MEMBERS, OFFICERS, AND KEY EMPLOYEES ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST STATEMENT AND DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST AS IT ARISES. FULL DISCLOSURE, BY NOTICE IN WRITING, IS MADE BY AN INDIVIDUAL TO THE SECRETARY OF THE CORPORATION WHO MONITORS THE PROCESS AND ADDRESSES ANY POTENTIAL CONFLICTS OF INTEREST WITH THE BOARD OF TRUSTEES. THE BOARD OF TRUSTEES IS RESPONSIBLE FOR DETERMINING WHETHER A CONFLICT OF INTEREST EXISTS AND IF SO, THE BOARD OF TRUSTEES SHALL VOTE TO AUTHORIZE OR REJECT THE TRANSACTION AND/OR CONDITION. ANY VOTE SHALL BE BY A QUORUM OF THE MEMBERS OF THE BOARD OF TRUSTEES AND WILL BE DETERMINED BY MAJORITY VOTE WITHOUT COUNTING THE VOTE OF ANY INTERESTED TRUSTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S DIRECTOR INCLUDES APPROVAL BY BOARD MEMBERS AND COMPARABLES TO SIMILAR TYPE ORGANIZATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt04820000
IRS990/TaxExemptBondLiabilitiesGrp/EOYAmt04660000
IRS990/TaxExemptBondsInd0true
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt028837
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt09229351
IRS990/TotalAssetsEOYAmt09135269
IRS990/TotalAssetsGrp/BOYAmt09229351
IRS990/TotalAssetsGrp/EOYAmt09135269
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01387083
IRS990/TotalEmployeeCnt025
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt064386
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0113396
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01132540
IRS990/TotalFunctionalExpensesGrp/TotalAmt01310322
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt05259796
IRS990/TotalLiabilitiesEOYAmt05067243
IRS990/TotalLiabilitiesGrp/BOYAmt05259796
IRS990/TotalLiabilitiesGrp/EOYAmt05067243
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03969555
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04068026
IRS990/TotalProgramServiceExpensesAmt01132540

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.47$3.79$4.68$1.49$1.37$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.64$4.04$4.60$1.46$1.25$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.71$4.28$4.43$1.41$1.26$0.15
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.69$4.38$4.31$1.38$1.19$0.19
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.72$4.59$4.13$1.38$1.30$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.86$4.76$4.10$1.35$1.28$0.07
2018Detailed filing. Detailed filing data is available for this year.$9.14$5.07$4.07$1.41$1.31$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.23$5.26$3.97$1.43$1.29$0.13
2016Detailed filing. Detailed filing data is available for this year.$9.26$5.43$3.83$1.26$1.26$0.00
2015Summary only. Only limited summary data is available for this year.$9.43$5.60$3.83$1.19$1.26$0.07
2014Summary only. Only limited summary data is available for this year.$9.65$5.75$3.90$1.59$1.23$0.36
2013Summary only. Only limited summary data is available for this year.$9.87$6.33$3.54$1.17$1.26$0.09
2012Summary only. Only limited summary data is available for this year.$10.1$6.47$3.63$1.26$1.32$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.3$6.63$3.69$1.28
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.6$6.78$3.80$1.18