Civic Intelligence

Gowanda Free Library

990 • Fiscal year 2015 • EIN 16-6000414

Jan 01, 2015 to Dec 31, 2015 • Filed on Apr 21, 2016

56 West Main StreetGowanda, NY 14070

(716) 532-3451

Siviq Scores

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

Liabilities / Assets

68th percentile

0.00x

Higher debt load relative to assets than 68% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Liabilities / Revenue

72nd percentile

0.01x

Higher debt load relative to revenue than 72% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Net Margin

22nd percentile

-14%

Higher net margin than 22% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2015 filings • NTEE B • <$500k nonprofits • Source year 2015

Asset Growth

24th percentile

-13%

Faster asset growth than 24% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

35th percentile

-10%

Faster revenue growth than 35% of similar nonprofits.

2015 filings • NTEE B • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Down

$284,212

Down $42,825 (-13%) from 2014

Net Assets

Down

$282,912

Down $44,125 (-13%) from 2014

Liabilities

Up

$1,300

Up $1,300 from 2014

Revenue

Down

$89,557

Down $9,978 (-10%) from 2014

Expenses

Up

$102,397

Up $5,902 (+6.1%) from 2014

Net Income

Down

-$12,840

Down $15,880 (-522%) from 2014

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $319,209Liabilities 2010: $0Net Assets 2010: $319,2092010Assets 2011: $332,655Liabilities 2011: $0Net Assets 2011: $332,6552011Assets 2012: $332,227Liabilities 2012: $0Net Assets 2012: $332,2272012Assets 2013: $329,995Net Assets 2013: $329,9952013Assets 2014: $327,037Liabilities 2014: $0Net Assets 2014: $327,0372014Assets 2015: $284,212Liabilities 2015: $1,300Net Assets 2015: $282,9122015Assets 2016: $297,179Liabilities 2016: $2,252Net Assets 2016: $294,9272016Assets 2017: $326,618Liabilities 2017: $2,155Net Assets 2017: $324,4632017Assets 2018: $310,578Liabilities 2018: $0Net Assets 2018: $310,5782018Assets 2019: $307,592Liabilities 2019: $0Net Assets 2019: $307,5922019Assets 2020: $255,676Liabilities 2020: $0Net Assets 2020: $255,6762020Assets 2021: $255,865Liabilities 2021: $0Net Assets 2021: $255,8652021Assets 2022: $244,379Liabilities 2022: $0Net Assets 2022: $244,3792022Assets 2023: $246,020Liabilities 2023: $0Net Assets 2023: $246,0202023Assets 2024: $295,637Liabilities 2024: $0Net Assets 2024: $295,6372024

Highlighted filing

2015

Assets$284,212
Liabilities$1,300
Net Assets$282,912

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2010: $93,9162010Expenses 2011: $101,2152011Expenses 2012: $95,4232012Revenue 2013: $88,564Expenses 2013: $98,473Net Income 2013: -$9,9092013Revenue 2014: $99,535Expenses 2014: $96,495Net Income 2014: $3,0402014Revenue 2015: $89,557Expenses 2015: $102,397Net Income 2015: -$12,8402015Revenue 2016: $89,827Expenses 2016: $98,230Net Income 2016: -$8,4032016Revenue 2017: $130,681Expenses 2017: $101,567Net Income 2017: $29,1142017Revenue 2018: $109,143Expenses 2018: $111,265Net Income 2018: -$2,1222018Revenue 2019: $103,235Expenses 2019: $109,464Net Income 2019: -$6,2292019Revenue 2020: $27,555Expenses 2020: $71,654Net Income 2020: -$44,0992020Revenue 2021: $73,603Expenses 2021: $89,753Net Income 2021: -$16,1502021Revenue 2022: $79,362Expenses 2022: $90,848Net Income 2022: -$11,4862022Revenue 2023: $83,806Expenses 2023: $83,049Net Income 2023: $7572023Revenue 2024: $141,283Expenses 2024: $91,666Net Income 2024: $49,6172024

Highlighted filing

2015

Revenue$89,557
Expenses$102,397
Net Income-$12,840
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Apr 21, 2016
Return Version
2015v2.1
Gross Receipts
$324,238
Mission and Program Overview

Mission

Provide free library services

Provide free library services to the gowanda area

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$231,389$183,898▼ $47,491
Accounts Receivable$56,500--
Savings and Temporary Cash Investments$27,578$48,853▲ $21,275
Cash and Non-Interest-Bearing Accounts$8,702$25,977▲ $17,275
Land, Buildings, and Equipment, Net$2,868$25,484▲ $22,616
Total Assets$327,037$284,212▼ $42,825
Liabilities
Accounts Payable and Accrued Expenses-$1,300-
Total Liabilities$0$1,300▲ $1,300
Net Assets / Fund Balance
Unrestricted Net Assets$327,037$282,912▼ $44,125
Total Net Assets Fund Balance$327,037$282,912▼ $44,125
Total Liabilities and Net Assets / Fund Balance$327,037$284,212▼ $42,825

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$3,170$13,384$16,554
Buildings$15,547$253$15,800
Leasehold Improvements$6,767$233$7,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
C Frederick KurtzPresident
Avril StepowskiVice-president
Barbara SpireTrustee
Jacqueline DiasTrustee
Wendy MainesTrustee
Doris JonesSecretary
Wendy GrecoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$70,724
Program Service Revenue
$1,816
Investment Income
$15,951
Other Revenue
$1,066
All Other Contributions
$18,974
Change in Net Assets
$-12,840
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$63,825
Other Expenses$38,572
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Comp Disqual Persons$33,259$0$0$33,259
Current Officers, Directors, Trustees, and Key Employees$22,127$0$0$22,127
All Other Expenses$11,374$0$0$11,374
Payroll Taxes$8,439$0$0$8,439
Office Expenses$5,217$0$0$5,217
Fees for Services Accounting$3,900$0$0$3,900
Insurance$1,920$0$0$1,920
Depreciation Depletion$1,639$0$0$1,639
Fees for Services Legal$1,225$0$0$1,225
Advertising$1,224$0$0$1,224
Other Expenses$412$0$0$412
Total Functional Expenses$102,397$0$0$102,397
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$1,595
Fundraising Direct Expenses$529
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
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Gowanda Free Library
EIN
16-6000414
Phone
7165323451
Address
56 WEST MAIN STREET, GOWANDA, NY 14070

Signing Officer

Name
Wendy Greco
Title
Treasurer
Phone
7165323451
Signed
2016-04-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendy Greco
Formed
1905
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
7

Preparer

Firm
Ra Mercer & Co Pc
Address
63 SOUTH MAIN STREET, CATTARAUGUS, NY 14719
Preparer
Denise D Veloski CPA
Phone
7162579511
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The 990 is reviewed by the treasurer and library manager prior to submission.

Form 990EZ, Part I, Line 16

OFFICE EXPENSE

Form 990EZ, Part I, Line 16

TELECOMMUNICATIONS

Form 990EZ, Part I, Line 16

PRINT MATERIALS

Form 990EZ, Part I, Line 16

PROGRAMMING

Form 990EZ, Part I, Line 16

MEMBERSHIP AND DUES

Form 990EZ, Part I, Line 16

BANK FEE

Form 990EZ, Part I, Line 16

SOFTWARE

Form 990EZ, Part I, Line 16

ADVERTISING

Form 990EZ, Part I, Line 16

MISCELLANEOUS

Form 990EZ, Part I, Line 16

PAYROLL TAXES

Form 990EZ, Part I, Line 16

INVESTMENT FEES

Form 990, Part IX, Line 24E

Investment fees 2264. 2264. 0. 0.

Form 990, Part IX, Line 24E

Miscellaneous 100. 100. 0. 0.

Form 990, Part IX, Line 24E

Utilities 4762. 4762. 0. 0.

Form 990, Part IX, Line 24E

Repairs/maintenance 3354. 3354. 0. 0.

Form 990, Part IX, Line 24E

Security monitoring 394. 394. 0. 0.

Form 990, Part IX, Line 24E

Small equipment 500. 500. 0. 0.

Raw XML Appendix398 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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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt078885
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt074434
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt069154
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0102537
IRS990ScheduleA/Total509Grp/TotalAmt0397550
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0466805
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt015547
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0253
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt015800
IRS990ScheduleD/EquipmentGrp/BookValueAmt03170
IRS990ScheduleD/EquipmentGrp/DepreciationAmt013384
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt016554
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt06767
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0233
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt07000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt025484
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE TREASURER AND LIBRARY MANAGER PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICE EXPENSE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TELECOMMUNICATIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRINT MATERIALS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4PROGRAMMING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5MEMBERSHIP AND DUES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BANK FEE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SOFTWARE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8ADVERTISING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9MISCELLANEOUS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10PAYROLL TAXES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11INVESTMENT FEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12INVESTMENT FEES 2264. 2264. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13MISCELLANEOUS 100. 100. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14UTILITIES 4762. 4762. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15REPAIRS/MAINTENANCE 3354. 3354. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16SECURITY MONITORING 394. 394. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17SMALL EQUIPMENT 500. 500. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0327037
IRS990/TotalAssetsEOYAmt0284212
IRS990/TotalAssetsGrp/BOYAmt0327037
IRS990/TotalAssetsGrp/EOYAmt0284212
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt070724
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0102397
IRS990/TotalFunctionalExpensesGrp/TotalAmt0102397
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt01300
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt01300
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0327037
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0282912
IRS990/TotalProgramServiceExpensesAmt0102397
IRS990/TotalProgramServiceRevenueAmt01816
IRS990/TotalRevenueGrp/ExclusionAmt01066
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt017767
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt089557
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0327037
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0284212
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0327037
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0282912
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt056 WEST MAIN ST
IRS990/USAddress/CityNm0GOWANDA
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd014070
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0www.gowandafreelibrary.wordpress.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WENDY GRECO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07165323451
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-04-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GOWANDA FREE LIBRARY
ReturnHeader/Filer/BusinessNameControlTxt0GOWA
ReturnHeader/Filer/EIN0166000414
ReturnHeader/Filer/PhoneNum07165323451
ReturnHeader/Filer/USAddress/AddressLine1Txt056 WEST MAIN STREET
ReturnHeader/Filer/USAddress/CityNm0GOWANDA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014070
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RA MERCER & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt063 SOUTH MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CATTARAUGUS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd014719
ReturnHeader/PreparerPersonGrp/PhoneNum07162579511
ReturnHeader/PreparerPersonGrp/PreparationDt02016-05-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DENISE D VELOSKI CPA
ReturnHeader/ReturnTs02016-05-26T08:21:31-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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.$2.96$0.00$2.96$1.41$0.92$0.50
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.46$0.00$2.46$0.84$0.83$0.01
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.44$0.00$2.44$0.79$0.91$0.11
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.56$0.00$2.56$0.74$0.90$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.56$0.00$2.56$0.28$0.72$0.44
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.08$0.00$3.08$1.03$1.09$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.11$0.00$3.11$1.09$1.11$0.02
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.27$0.02$3.24$1.31$1.02$0.29
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.97$0.02$2.95$0.90$0.98$0.08
2015Detailed filing. Detailed filing data is available for this year.$2.84$0.01$2.83$0.90$1.02$0.13
2014Detailed filing. Detailed filing data is available for this year.$3.27$0.00$3.27$1.00$0.96$0.03
2013Detailed filing. Detailed filing data is available for this year.$3.30$3.30$0.89$0.98$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.32$0.00$3.32$0.95
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.33$0.00$3.33$1.01
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.19$0.00$3.19$0.94