Civic Intelligence

Springfield Library Foundation Inc.

990 • Fiscal year 2019 • EIN 20-1207636

Jul 01, 2018 to Jun 30, 2019 • Filed on Aug 01, 2019

Organization ProfileN/A
Po Box 28East Longmeadow, MA 01028

(413) 263-6828

Siviq Scores

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

Liabilities / Assets

14th percentile

0.01x

Higher debt load relative to assets than 14% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

30th percentile

0.10x

Higher debt load relative to revenue than 30% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

27th percentile

-2.9%

Higher net margin than 27% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

13th percentile

$0

Higher top officer pay than 13% of similar nonprofits.

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

31st percentile

-0.5%

Faster asset growth than 31% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

20th percentile

-9.8%

Faster revenue growth than 20% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets14th percentile

Assets

Down

$11,063,878

Down $54,916 (-0.5%) from 2018

Net Assets

Down

$10,960,919

Down $112,208 (-1.0%) from 2018

Liabilities

Up

$102,959

Up $57,292 (+125%) from 2018

Revenue And Expenses
Liabilities / Revenue30th percentileNet Margin27th percentile

Revenue

Down

$1,027,560

Down $111,055 (-9.8%) from 2018

Expenses

Up

$1,056,999

Up $86,488 (+8.9%) from 2018

Net Income

Down

-$29,439

Down $197,543 (-118%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

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

$20M$15M$10M$5.0M$0Assets 2010: $6,162,496Liabilities 2010: $2,700Net Assets 2010: $6,159,7962010Assets 2011: $6,489,586Liabilities 2011: $30,946Net Assets 2011: $6,458,6402011Assets 2012: $5,999,390Liabilities 2012: $57,976Net Assets 2012: $5,941,4142012Assets 2013: $6,251,377Liabilities 2013: $53,140Net Assets 2013: $6,198,2372013Assets 2014: $6,369,173Liabilities 2014: $62,208Net Assets 2014: $6,306,9652014Assets 2015: $6,376,319Liabilities 2015: $76,764Net Assets 2015: $6,299,5552015Assets 2016: $7,574,544Liabilities 2016: $115,656Net Assets 2016: $7,458,8882016Assets 2017: $8,141,876Liabilities 2017: $81,303Net Assets 2017: $8,060,5732017Assets 2018: $11,118,794Liabilities 2018: $45,667Net Assets 2018: $11,073,1272018Assets 2019: $11,063,878Liabilities 2019: $102,959Net Assets 2019: $10,960,9192019Assets 2020: $10,812,643Liabilities 2020: $37,124Net Assets 2020: $10,775,5192020Assets 2021: $13,331,961Liabilities 2021: $6,313Net Assets 2021: $13,325,6482021Assets 2022: $12,492,850Liabilities 2022: $10,665Net Assets 2022: $12,482,1852022Assets 2023: $13,375,138Liabilities 2023: $6,955Net Assets 2023: $13,368,1832023Assets 2024: $14,495,729Liabilities 2024: $14,553Net Assets 2024: $14,481,1762024Assets 2025: $15,293,617Liabilities 2025: $9,424Net Assets 2025: $15,284,1932025

Highlighted filing

2019

Assets$11,063,878
Liabilities$102,959
Net Assets$10,960,919
Open 2019 Filing

Operations Trend

Revenue Growth20th percentile

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

$2.0M$1.0M$0-$1.0MExpenses 2010: $1,034,8072010Expenses 2011: $932,6472011Revenue 2012: $452,215Expenses 2012: $628,692Net Income 2012: -$176,4772012Expenses 2013: $376,6382013Revenue 2014: $282,077Expenses 2014: $402,264Net Income 2014: -$120,1872014Revenue 2015: $368,722Expenses 2015: $410,913Net Income 2015: -$42,1912015Revenue 2016: $1,795,142Expenses 2016: $338,811Net Income 2016: $1,456,3312016Revenue 2017: $463,719Expenses 2017: $405,504Net Income 2017: $58,2152017Revenue 2018: $1,138,615Expenses 2018: $970,511Net Income 2018: $168,1042018Revenue 2019: $1,027,560Expenses 2019: $1,056,999Net Income 2019: -$29,4392019Revenue 2020: $613,743Expenses 2020: $924,860Net Income 2020: -$311,1172020Revenue 2021: $501,590Expenses 2021: $643,458Net Income 2021: -$141,8682021Revenue 2022: $1,245,314Expenses 2022: $640,136Net Income 2022: $605,1782022Revenue 2023: $856,273Expenses 2023: $612,011Net Income 2023: $244,2622023Revenue 2024: $1,000,942Expenses 2024: $665,932Net Income 2024: $335,0102024Revenue 2025: $669,489Expenses 2025: $887,317Net Income 2025: -$217,8282025

Highlighted filing

2019

Revenue$1,027,560
Expenses$1,056,999
Net Income-$29,439
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Aug 1, 2019
Return Version
2018v3.1
Gross Receipts
$1,095,480
Mission and Program Overview

Mission

To raise, receive, manage and distribute funds for the support, enhancement, maintenance and growth of library services in the city of Springfield, Massachusetts. To sustain, enrich and support the quality of library services, materials and programs in the city.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,565,222$7,625,812▲ $60,590
Cash and Non-Interest-Bearing Accounts$539,442$452,839▼ $86,603
Total Assets$11,118,794$11,063,878▼ $54,916
Other Assets Total$3,014,130$2,985,227▼ $28,903
Liabilities
Grants Payable$45,667$72,697▲ $27,030
Accounts Payable and Accrued Expenses-$30,262-
Total Liabilities$45,667$102,959▲ $57,292
Net Assets / Fund Balance
Permanently Rstr Net Assets$100,520$7,898,765▲ $7,798,245
Unrestricted Net Assets$41,961$2,894,134▲ $2,852,173
Temporarily Rstr Net Assets$10,930,646$168,020▼ $10,762,626
Total Net Assets Fund Balance$11,073,127$10,960,919▼ $112,208
Total Liabilities and Net Assets / Fund Balance$11,118,794$11,063,878▼ $54,916

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$2,985,227--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$4,845,302$30,102▲ $133,926$145,394$4,863,936
2017$5,048,001$45,203▲ $467,844$715,746$4,845,302
2016$4,568,037$112,054▲ $537,809$169,899$5,048,001
2015$3,242,573$1,547,538▼ $18,112$203,962$4,568,037
2014$3,426,607$13,272▼ $27,894$169,412$3,242,573
Compensation and Service Providers
Top Officer Pay13th percentile

Board Members and Trustees

NameTitle
Patrick MarkeyPresident
Barbara J GarveyVice President
Benjamin Swan JrDirector
Domenic SarnoDirector
Edward PikulaDirector
Elizabeth StevensDirector
Helen Caulton HarrisDirector
John R DaileyDirector
Mary Ann G MaloneyDirector
Stephen N CaryDirector
T J PlanteDirector
Molly FogartyClerk
Charles V RyanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$585,272
Program Service Revenue
$0
Investment Income
$386,768
Other Revenue
$55,520
All Other Contributions
$585,272
Change in Net Assets
$-29,439

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,027,560
Revenue Not Reported on Form 990
$-82,769
Total Revenue per Audited Statements
$944,791
Total Revenue per Form 990
$1,027,560
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$846,993
Other Expenses$210,006
Total Fundraising Expense$100,718
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$846,993--$846,993
Fees for Services Other-$15,724$95,634$111,358
Fees for Services Management-$55,520-$55,520
Conferences and Meetings$20,000--$20,000
Fees for Services Legal-$11,776-$11,776
Fees for Services Accounting-$4,500-$4,500
Office Expenses--$2,523$2,523
Other Expenses-$87$2,561$87
Total Functional Expenses$866,993$89,288$100,718$1,056,999

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,056,999
Total Expenses per Audited Statements$1,056,999
Total Expenses per Form 990$1,056,999
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Springfield Public LibrarySpringfield, MA501c3To support the public library system$866,993
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
Audit committee
No
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
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

Governance Explanations

Form 990 governing body review Part VI line 11

“Form 990 prepared by an independent CPA and reviewed by board of directors or their designated sub committee.”

Governing documents etc available to public Part VI line 19

“Financial Statements and Governing documents are available upon request and reviewed on a case by case basis.”

Filing and Contact Details

Filer

Filer Name
Springfield Library Foundation Inc
EIN
20-1207636
Address
Po Box 28, East Longmeadow, MA 01028

Signing Officer

Name
Patrick Markey
Title
President
Phone
4132636828
Signed
2019-08-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Patrick Markey
Formed
2004
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Nolan Calcasola & CO PC
Address
PO Box 625, East Longmeadow, MA 01028
Preparer
Robert Calcasola
Phone
4135254100
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

“Unrealized loss in the Change in value of Charitable Trusts $28,903Unrealized loss in the Investment and Endowment Account $53,866Total Unrealized loss Part XI Line 5 $82,769”

List of other fees for services expenses Part IX line 11G

“Foundation is conducting a campaign to build a branch library in the East Forest Park section of Springfield to benefit the low and moderate income citizens of that neighborhood.”

Raw XML AppendixShowing 400 of 476 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt030262
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To raise, receive, manage and distribute funds for the support, enhancement, maintenance and growth of library services in the city of Springfield, Massachusetts. To sustain, enrich and support the quality of library services, materials and programs in the city.
IRS990/AllOtherContributionsAmt0585272
IRS990/AuditCommitteeInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BooksInCareOfDetail/PersonNm0Patrick Markey
IRS990/BooksInCareOfDetail/PhoneNum04132636828
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0Po Box 28
IRS990/BooksInCareOfDetail/USAddress/CityNm0East Longmeadow
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd001028
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0539442
IRS990/CashNonInterestBearingGrp/EOYAmt0452839
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt020000
IRS990/ConferencesMeetingsGrp/TotalAmt020000
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0585272
IRS990/CYGrantsAndSimilarPaidAmt0846993
IRS990/CYInvestmentIncomeAmt0386768
IRS990/CYOtherExpensesAmt0210006
IRS990/CYOtherRevenueAmt055520
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-29439
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01056999
IRS990/CYTotalFundraisingExpenseAmt0100718
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01027560
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0Grants to support the Springfield Public Library System.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0866993
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04500
IRS990/FeesForServicesAccountingGrp/TotalAmt04500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt011776
IRS990/FeesForServicesLegalGrp/TotalAmt011776
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt055520
IRS990/FeesForServicesManagementGrp/TotalAmt055520
IRS990/FeesForServicesOtherGrp/FundraisingAmt095634
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt015724
IRS990/FeesForServicesOtherGrp/TotalAmt0111358
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt03.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt13.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt33.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt53.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.50
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0Charles V Ryan
IRS990/Form990PartVIISectionAGrp/PersonNm1Barbara J Garvey
IRS990/Form990PartVIISectionAGrp/PersonNm2John R Dailey
IRS990/Form990PartVIISectionAGrp/PersonNm3Patrick Markey
IRS990/Form990PartVIISectionAGrp/PersonNm4Mary Ann G Maloney
IRS990/Form990PartVIISectionAGrp/PersonNm5Molly Fogarty
IRS990/Form990PartVIISectionAGrp/PersonNm6Edward Pikula
IRS990/Form990PartVIISectionAGrp/PersonNm7Elizabeth Stevens
IRS990/Form990PartVIISectionAGrp/PersonNm8Benjamin Swan Jr
IRS990/Form990PartVIISectionAGrp/PersonNm9Stephen N Cary
IRS990/Form990PartVIISectionAGrp/PersonNm10T J Plante
IRS990/Form990PartVIISectionAGrp/PersonNm11Domenic Sarno
IRS990/Form990PartVIISectionAGrp/PersonNm12Helen Caulton Harris
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3President
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Clerk
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt032060
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt0846993
IRS990/GrantsPayableGrp/BOYAmt045667
IRS990/GrantsPayableGrp/EOYAmt072697
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0846993
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0846993
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt099980
IRS990/GrossReceiptsAmt01095480
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt013
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt0354708
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0354708
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt07565222
IRS990/InvestmentsPubTradedSecGrp/EOYAmt07625812
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MA
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt067920
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To raise, receive, manage and distribute funds for the support, enhancement, maintenance and growth of library services in the city of Springfield, Massachusetts. To sustain, enrich and support the quality of library services, materials and programs in the city.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt011073127
IRS990/NetAssetsOrFundBalancesEOYAmt010960919
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt032060
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt032060
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-82769
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt02523
IRS990/OfficeExpensesGrp/TotalAmt02523
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt03014130
IRS990/OtherAssetsTotalGrp/EOYAmt02985227
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Corp Fees
IRS990/OtherExpensesGrp/Desc1Bank Charges
IRS990/OtherExpensesGrp/Desc2Printing
IRS990/OtherExpensesGrp/Desc3Postage
IRS990/OtherExpensesGrp/FundraisingAmt02561
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11181
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt287
IRS990/OtherExpensesGrp/TotalAmt0500
IRS990/OtherExpensesGrp/TotalAmt11181
IRS990/OtherExpensesGrp/TotalAmt22561
IRS990/OtherExpensesGrp/TotalAmt387
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Administrative fees
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt055520
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt055520
IRS990/OtherRevenueTotalAmt055520
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0100520
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt07898765
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0Patrick Markey
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0559278
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0763999
IRS990/PYInvestmentIncomeAmt0427177
IRS990/PYOtherExpensesAmt0206512
IRS990/PYOtherRevenueAmt0152160
IRS990/PYRevenuesLessExpensesAmt0168104
IRS990/PYTotalExpensesAmt0970511
IRS990/PYTotalRevenueAmt01138615
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-29439
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0false
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0046001415
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0866993
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Springfield Public Library
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt0866993
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt04845302
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt030102
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt04863936
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0133926
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0145394
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt05048001
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt045203
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt04845302
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0467844
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0715746
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt04568037
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0112054
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt05048001
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0537809
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0169899
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt03242573
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01547538
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt04568037
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-18112
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0203962
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt03426607
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt013272
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt03242573
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-27894
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0169412
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesSubtotalAmt01056999
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-53866
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt02985227
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Beneficial Interest in Trusts
IRS990ScheduleD/OtherRevenueAmt0-28903
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.03000
IRS990ScheduleD/RevenueNotReportedAmt0-82769
IRS990ScheduleD/RevenueSubtotalAmt01027560
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.97000
IRS990ScheduleD/TotalBookValueOtherAssetsAmt02985227
IRS990ScheduleD/TotalExpensesPerForm990Amt01056999
IRS990ScheduleD/TotalRevenuePerForm990Amt01027560
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0944791
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01056999
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0866993
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0To support the public library system
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Springfield Public Library
IRS990ScheduleI/RecipientTable/RecipientEIN0046001415
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0221 State Street
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Springfield
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd001103
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 prepared by an independent CPA and reviewed by board of directors or their designated sub committee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Financial Statements and Governing documents are available upon request and reviewed on a case by case basis.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Unrealized loss in the Change in value of Charitable Trusts $28,903Unrealized loss in the Investment and Endowment Account $53,866Total Unrealized loss Part XI Line 5 $82,769
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Foundation is conducting a campaign to build a branch library in the East Forest Park section of Springfield to benefit the low and moderate income citizens of that neighborhood.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Explanation of other changes in net assets or fund balances Part XI line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3List of other fees for services expenses Part IX line 11g
IRS990/SchoolOperatingInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt010930646
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0168020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,063,878
Liabilities
$102,959
Net assets
$10,960,919
Revenue
$1,027,560
Expenses
$1,056,999
Net income
-$29,439
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$15.3$0.01$15.3$0.67$0.89$0.22
2024Detailed filing. Detailed filing data is available for this year.$14.5$0.01$14.5$1.00$0.67$0.34
2023Detailed filing. Detailed filing data is available for this year.$13.4$0.01$13.4$0.86$0.61$0.24
2022Detailed filing. Detailed filing data is available for this year.$12.5$0.01$12.5$1.25$0.64$0.61
2021Detailed filing. Detailed filing data is available for this year.$13.3$0.01$13.3$0.50$0.64$0.14
2020Detailed filing. Detailed filing data is available for this year.$10.8$0.04$10.8$0.61$0.92$0.31
2019Detailed filing. Detailed filing data is available for this year.$11.1$0.10$11.0$1.03$1.06$0.03
2018Detailed filing. Detailed filing data is available for this year.$11.1$0.05$11.1$1.14$0.97$0.17
2017Detailed filing. Detailed filing data is available for this year.$8.14$0.08$8.06$0.46$0.41$0.06
2016Detailed filing. Detailed filing data is available for this year.$7.57$0.12$7.46$1.80$0.34$1.46
2015Detailed filing. Detailed filing data is available for this year.$6.38$0.08$6.30$0.37$0.41$0.04
2014Detailed filing. Detailed filing data is available for this year.$6.37$0.06$6.31$0.28$0.40$0.12
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.25$0.05$6.20$0.38
2012Summary only. Only limited summary data is available for this year.$6.00$0.06$5.94$0.45$0.63$0.18
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.49$0.03$6.46$0.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.16$0.00$6.16$1.03