Civic Intelligence

Ransomville Free Library

EIN 16-6032838 • 501(c)3 • Ransomville, NY

Profile

The operation of a free public library for the benefit of the ransomville community of approximately 5000 residents.

3733 Ransomville RdRansomville, NY 14131

www.ransomvillelibrary.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

33rd percentile

0.00x

Higher debt load relative to assets than 33% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.00x

Higher debt load relative to revenue than 35% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

45th percentile

1.8%

Higher net margin than 45% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$31,200

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 19.5% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

42nd percentile

0.5%

Faster asset growth than 42% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

60th percentile

14%

Faster revenue growth than 60% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Assets

Up

$526,785

Up $2,460 (+0.5%) from 2023

Liabilities

Down

$76

Down $462 (-86%) from 2023

Net Assets

Up

$526,709

Up $2,922 (+0.6%) from 2023

Revenue

Up

$159,832

Up $19,197 (+14%) from 2023

Expenses

Up

$156,923

Up $9,651 (+6.6%) from 2023

Net Income

Up

$2,909

Up $9,546 (+144%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $519,138Liabilities 2011: $235Net Assets 2011: $518,9032011Assets 2012: $512,000Liabilities 2012: $0Net Assets 2012: $512,0002012Assets 2013: $499,087Liabilities 2013: $02013Assets 2014: $509,995Liabilities 2014: $0Net Assets 2014: $509,9952014Assets 2015: $506,756Liabilities 2015: $288Net Assets 2015: $506,4682015Assets 2016: $512,797Liabilities 2016: $0Net Assets 2016: $512,7972016Assets 2017: $525,779Liabilities 2017: $295Net Assets 2017: $525,4842017Assets 2019: $539,059Liabilities 2019: $38Net Assets 2019: $539,0972019Assets 2020: $559,451Liabilities 2020: $332Net Assets 2020: $559,1192020Assets 2021: $599,276Liabilities 2021: $76Net Assets 2021: $599,2002021Assets 2022: $580,676Liabilities 2022: $496Net Assets 2022: $580,1802022Assets 2023: $524,325Liabilities 2023: $538Net Assets 2023: $523,7872023Assets 2024: $526,785Liabilities 2024: $76Net Assets 2024: $526,7092024

Highlighted filing

2024

Assets$526,785
Liabilities$76
Net Assets$526,709

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$150K$100K$50K$0-$50KRevenue 2011: $111,804Expenses 2011: $118,828Net Income 2011: -$7,0242011Revenue 2012: $106,910Expenses 2012: $116,465Net Income 2012: -$9,5552012Revenue 2013: $108,862Expenses 2013: $121,776Net Income 2013: -$12,9142013Revenue 2014: $139,239Expenses 2014: $128,331Net Income 2014: $10,9082014Revenue 2015: $114,724Expenses 2015: $118,251Net Income 2015: -$3,5272015Revenue 2016: $123,827Expenses 2016: $117,498Net Income 2016: $6,3292016Revenue 2017: $134,500Expenses 2017: $121,933Net Income 2017: $12,5672017Revenue 2019: $140,283Expenses 2019: $126,708Net Income 2019: $13,5752019Revenue 2020: $130,430Expenses 2020: $128,259Net Income 2020: $2,1712020Revenue 2021: $105,229Expenses 2021: $126,225Net Income 2021: -$20,9962021Revenue 2022: $121,076Expenses 2022: $140,202Net Income 2022: -$19,1262022Revenue 2023: $140,635Expenses 2023: $147,272Net Income 2023: -$6,6372023Revenue 2024: $159,832Expenses 2024: $156,923Net Income 2024: $2,9092024

Highlighted filing

2024

Revenue$159,832
Expenses$156,923
Net Income$2,909

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 29, 2025
Return Version
2024v5.1
Gross Receipts
$162,432
Mission and Program Overview

Mission

The operation of a free public library for the benefit of the ransomville community of approximately 5000 residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$303,271$294,467▼ $8,804
Investments in Publicly Traded Securities$164,617$157,608▼ $7,009
Savings and Temporary Cash Investments$37,753$63,051▲ $25,298
Cash and Non-Interest-Bearing Accounts$18,684$11,659▼ $7,025
Total Assets$524,325$526,785▲ $2,460
Liabilities
Accounts Payable and Accrued Expenses$538$76▼ $462
Total Liabilities$538$76▼ $462
Net Assets / Fund Balance
Net Assets With Donor Restrictions$290,594$292,215▲ $1,621
Net Assets Without Donor Restrictions$233,193$234,494▲ $1,301
Total Net Assets Fund Balance$523,787$526,709▲ $2,922
Total Liabilities and Net Assets / Fund Balance$524,325$526,785▲ $2,460

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$117,442$315,379-
Land$142,806--
Equipment$34,219$102,126-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Phila IbaughDirectorPT$31,200$31,200
Laura JefferyTreasurer-$2,800$2,800

Board Members and Trustees

NameTitle
Jane HamiltonPresident/Trustee
Christy MielkeTrustee
Kevin CabelloTrustee
Peggy ShearTrustee
Ryan RossTrustee
Terry EhlenTrustee
Tanya FuraSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$148,800
Program Service Revenue
$1,050
Investment Income
$9,982
Other Revenue
$0
All Other Contributions
$54,213
Change in Net Assets
$2,909
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$94,159
Salaries, Compensation, and Employee Benefits$62,764
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$0$57,503$0$57,503
All Other Expenses$0$44,074$0$44,074
Depreciation Depletion$0$21,177$0$21,177
Payroll Taxes$0$5,261$0$5,261
Other Expenses$0$1,542$0$1,542
Fees for Services Accounting$0$200$0$200
Total Functional Expenses$22,281$134,642$0$156,923
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
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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
Ransomville Free Library
EIN
16-6032838
Phone
7167914073
Address
3733 RANSOMVILLE RD, RANSOMVILLE, NY 14131

Signing Officer

Name
Laura Jeffery
Title
Treasurer
Phone
7167914073
Signed
2025-04-29
Discuss with paid preparer
Yes

Organization Details

Formed
1934
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
2

Preparer

Firm
Myers Accounting Service Inc
Address
284 Young Street, Wilson, NY 14172
Preparer
Steven C Quinn
Phone
7167513609
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Section B line 11b. Any questions or comments about this 990 form will be answered at the next quarterly meeting by the officers of the Library.

Pt VI, Line 19

Section C Line 19. This report and required documents are available at the library during normal business hours for public review.

Pt VI, Line 15A

Compensation of officers & superintendent are approved by the independent trustees of the board prior to any adjustments.

Pt VI, Line 15B

Compensation of officers & superintendent are approved by the independent trustees of the board prior to any adjustments.

Form 990, Part IX, Line 24E

Repairs & maintenance 14957. 0. 14957. 0.

Form 990, Part IX, Line 24E

Property taxes 252. 0. 252. 0.

Form 990, Part IX, Line 24E

Mowing/ plowing 7225. 0. 7225. 0.

Form 990, Part IX, Line 24E

Postage 487. 0. 487. 0.

Form 990, Part IX, Line 24E

TRAVEL 500. 0. 500. 0.

Form 990, Part IX, Line 24E

Computer 8202. 0. 8202. 0.

Form 990, Part IX, Line 24E

Nioga hoopia 3088. 0. 3088. 0.

Form 990, Part IX, Line 24E

Insurance 6813. 0. 6813. 0.

Form 990, Part IX, Line 24E

OFFICE 2550. 0. 2550. 0.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
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IRS990ScheduleA/PublicSupportCY509Pct00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03343
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06576
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt016589
IRS990ScheduleA/TotalSupportAmt016589
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IRS990ScheduleD/BuildingsGrp/DepreciationAmt0315379
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IRS990ScheduleD/EquipmentGrp/BookValueAmt034219
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0102126
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0136345
IRS990ScheduleD/LandGrp/BookValueAmt0142806
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Section B line 11b. Any questions or comments about this 990 form will be answered at the next quarterly meeting by the officers of the Library.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Section C Line 19. This report and required documents are available at the library during normal business hours for public review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION OF OFFICERS & SUPERINTENDENT ARE APPROVED BY THE INDEPENDENT TRUSTEES OF THE BOARD PRIOR TO ANY ADJUSTMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF OFFICERS & SUPERINTENDENT ARE APPROVED BY THE INDEPENDENT TRUSTEES OF THE BOARD PRIOR TO ANY ADJUSTMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4REPAIRS & MAINTENANCE 14957. 0. 14957. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PROPERTY TAXES 252. 0. 252. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6MOWING/ PLOWING 7225. 0. 7225. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Postage 487. 0. 487. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TRAVEL 500. 0. 500. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9COMPUTER 8202. 0. 8202. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10NIOGA HOOPIA 3088. 0. 3088. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11INSURANCE 6813. 0. 6813. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12OFFICE 2550. 0. 2550. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum07167914073
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-29
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