Civic Intelligence

Valatie Free Library

990EZ • Fiscal year 2016 • EIN 22-2488952

Jan 01, 2016 to Dec 31, 2016 • Filed on May 11, 2017

PO Box 336Valatie, NY 12184

(518) 758-9321

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Higher debt load relative to assets than 58% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

61st percentile

0.01x

Higher debt load relative to revenue than 61% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

84th percentile

30%

Higher net margin than 84% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

84th percentile

$24,011

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 16.9% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

45th percentile

-0.1%

Faster asset growth than 45% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

84th percentile

44%

Faster revenue growth than 84% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$316,252

Down $368 (-0.1%) from 2015

Net Assets

Up

$315,289

Up $42,517 (+16%) from 2015

Liabilities

Down

$963

Down $42,885 (-98%) from 2015

Revenue

Up

$141,885

Up $43,458 (+44%) from 2015

Expenses

Up

$99,368

Up $16,024 (+19%) from 2015

Net Income

Up

$42,517

Up $27,434 (+182%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $286,683Liabilities 2011: $50,0002011Assets 2012: $289,206Liabilities 2012: $50,000Net Assets 2012: $239,2062012Assets 2013: $301,240Liabilities 2013: $50,000Net Assets 2013: $251,2402013Assets 2014: $305,968Liabilities 2014: $48,279Net Assets 2014: $257,6892014Assets 2015: $316,620Liabilities 2015: $43,848Net Assets 2015: $272,7722015Assets 2016: $316,252Liabilities 2016: $963Net Assets 2016: $315,2892016Assets 2017: $362,367Liabilities 2017: $607Net Assets 2017: $361,7602017Assets 2018: $377,494Liabilities 2018: $557Net Assets 2018: $376,9372018Assets 2019: $384,464Liabilities 2019: $219Net Assets 2019: $384,2452019Assets 2020: $391,122Liabilities 2020: $0Net Assets 2020: $391,1222020Assets 2021: $421,401Liabilities 2021: $02021Assets 2022: $427,645Liabilities 2022: $1,641Net Assets 2022: $426,0042022Assets 2023: $449,610Liabilities 2023: $1,1212023Assets 2024: $465,734Liabilities 2024: $1,302Net Assets 2024: $464,4322024

Highlighted filing

2016

Assets$316,252
Liabilities$963
Net Assets$315,289

Operations Trend

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

$200K$100K$0-$100KRevenue 2011: $82,202Expenses 2011: $158,455Net Income 2011: -$76,2532011Revenue 2012: $89,421Expenses 2012: $86,898Net Income 2012: $2,5232012Revenue 2013: $91,663Expenses 2013: $79,629Net Income 2013: $12,0342013Revenue 2014: $103,609Expenses 2014: $94,036Net Income 2014: $9,5732014Revenue 2015: $98,427Expenses 2015: $83,344Net Income 2015: $15,0832015Revenue 2016: $141,885Expenses 2016: $99,368Net Income 2016: $42,5172016Revenue 2017: $138,257Expenses 2017: $91,786Net Income 2017: $46,4712017Revenue 2018: $115,027Expenses 2018: $99,850Net Income 2018: $15,1772018Revenue 2019: $119,791Expenses 2019: $112,483Net Income 2019: $7,3082019Revenue 2020: $114,502Expenses 2020: $107,626Net Income 2020: $6,8762020Revenue 2021: $129,135Expenses 2021: $98,856Net Income 2021: $30,2792021Revenue 2022: $113,479Expenses 2022: $109,734Net Income 2022: $3,7452022Revenue 2023: $132,208Expenses 2023: $109,726Net Income 2023: $22,4822023Revenue 2024: $140,139Expenses 2024: $124,194Net Income 2024: $15,9452024

Highlighted filing

2016

Revenue$141,885
Expenses$99,368
Net Income$42,517
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 11, 2017
Return Version
2016v3.0
Gross Receipts
$144,955
Mission and Program Overview

Mission

Provide liabrary materials and services to the community of valatie, ny

Provide library materials and services to the community of valatie, ny.

Program Services

DescriptionGrantsExpenses
PROVIDED BOOKS, MAGAZINES, NEWSPAPERS, VIDEO AND AUDIO MATERIALS, COMPUTER ACCESS TO RESIDENTS OF OUR SERVICE AREA AND OTHER MEMBER LIBRARIES OF THE MID HUDSON LIBRARY SYSTEM. HELD A TOTAL OF 115 PROGRAMS THROUGHOUT THE YEAR FOR CHILDREN AND ADULTS. CIRCULATED APPROXIMATELY 20,500 ITEMS(BOOKS, AUDIO, VIDEO).$16,200$99,368
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELIZABETH POWHIDADirectorPT$24,011-$24,011
ANNMARIE SAXBYBoard Member-$0--
SUSAN HALLENBECKBoard Member-$0--
JOYCE LAROWECo-Treasurer-$0--
ERICA BALONVice President-$0--
FRAN FULLERTONCo-Treasurer-$0--
MATTHEW GRIESEMERSecretary-$0--
LISA BENFIELDPresident-$0--
Filing and Contact Details

Filer

Filer Name
Valatie Free Library
EIN
22-2488952
Phone
5187589321
Address
PO BOX 336, VALATIE, NY 12184

Signing Officer

Name
Fran Fullerton
Title
Treasurer
Phone
5187589321
Signed
2017-05-11
Discuss with paid preparer
Yes

Preparer

Firm
Karp Ackerman Skabowski & Hogan Cpas
Address
1 HUDSON CITY CENTRE SUITE 1E, HUDSON, NY 12534
Preparer
Matthew Mackerer
Phone
5188287618
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 61.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 6,055. Description: other expenses. Amount: 5,713. Total to form 990-ez, line 14: 11,768.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: interest. Amount: 2,112. Description: insurance expenses. Amount: 5,899. Description: association member fees. Amount: 252. Description: library materials. Amount: 10,239. Description: circulation expenses. Amount: 4,259. Description: programs. Amount: 3,809. Description: office supplies. Amount: 846. Description: utilities. Amount: 7,585. Description: employment taxes. Amount: 4,494. Description: computer repairs. Amount: 4,000. Description: moving expenses. Amount: 188. Total to form 990-ez, line 16: 43,683.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: payroll liabilities. Beg. Of year amount: 334. End of year amount: 963. Description: mortgage payable. Beg. Of year amount: 43,514. End of year amount: 0.

Raw XML Appendix199 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum05187589321
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0VALATIE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ANNMARIE SAXBY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SUSAN HALLENBECK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOYCE LAROWE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ERICA BALON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4FRAN FULLERTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MATTHEW GRIESEMER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LISA BENFIELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7ELIZABETH POWHIDA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CO-TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4CO-TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt043683
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE LIBRARY MATERIALS AND SERVICES TO THE COMMUNITY OF VALATIE, NY.
IRS990EZ/PrintingPublicationsPostageAmt0144
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED BOOKS, MAGAZINES, NEWSPAPERS, VIDEO AND AUDIO MATERIALS, COMPUTER ACCESS TO RESIDENTS OF OUR SERVICE AREA AND OTHER MEMBER LIBRARIES OF THE MID HUDSON LIBRARY SYSTEM. HELD A TOTAL OF 115 PROGRAMS THROUGHOUT THE YEAR FOR CHILDREN AND ADULTS. CIRCULATED APPROXIMATELY 20,500 ITEMS(BOOKS, AUDIO, VIDEO).
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt016200
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsNetIncomeLossAmt0635
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
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IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TotalRevenueAmt0141885
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0WWW.VALATIELIBRARY.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt028409
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt025929
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0229
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt05550
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99900
IRS990ScheduleA/PublicSupportPY170Pct00.99810
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IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus1YearAmt065000
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/CurrentTaxYearMinus2YearsAmt065000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt099259
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt096092
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0101573
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt090929
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt092320
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0480173
IRS990ScheduleA/TotalSupportAmt0480654
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 61.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DEPRECIATION. AMOUNT: 6,055. DESCRIPTION: OTHER EXPENSES. AMOUNT: 5,713. TOTAL TO FORM 990-EZ, LINE 14: 11,768.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: INTEREST. AMOUNT: 2,112. DESCRIPTION: INSURANCE EXPENSES. AMOUNT: 5,899. DESCRIPTION: ASSOCIATION MEMBER FEES. AMOUNT: 252. DESCRIPTION: LIBRARY MATERIALS. AMOUNT: 10,239. DESCRIPTION: CIRCULATION EXPENSES. AMOUNT: 4,259. DESCRIPTION: PROGRAMS. AMOUNT: 3,809. DESCRIPTION: OFFICE SUPPLIES. AMOUNT: 846. DESCRIPTION: UTILITIES. AMOUNT: 7,585. DESCRIPTION: EMPLOYMENT TAXES. AMOUNT: 4,494. DESCRIPTION: COMPUTER REPAIRS. AMOUNT: 4,000. DESCRIPTION: MOVING EXPENSES. AMOUNT: 188. TOTAL TO FORM 990-EZ, LINE 16: 43,683.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 334. END OF YEAR AMOUNT: 963. DESCRIPTION: MORTGAGE PAYABLE. BEG. OF YEAR AMOUNT: 43,514. END OF YEAR AMOUNT: 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0FRAN FULLERTON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05187589321
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VALATIE FREE LIBRARY
ReturnHeader/Filer/BusinessNameControlTxt0VALA
ReturnHeader/Filer/EIN0222488952
ReturnHeader/Filer/PhoneNum05187589321
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 336
ReturnHeader/Filer/USAddress/CityNm0VALATIE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012184
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId078CDB3C1ED17163728AA1666C41A677CAD84B9CE
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId000A5917B0CF812168747953122325D9A2FAFE6B2
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt066.109.41.117
ReturnHeader/FilingSecurityInformation/IPDt02017-05-11
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm010:14:22
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141592927
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KARP ACKERMAN SKABOWSKI & HOGAN CPAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01 HUDSON CITY CENTRE SUITE 1E
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HUDSON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd012534
ReturnHeader/PreparerPersonGrp/PhoneNum05188287618
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATTHEW MACKERER
ReturnHeader/ReturnTs02017-05-15T06:45:13-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.66$0.01$4.64$1.40$1.24$0.16
2023Summary only. Only limited summary data is available for this year.$4.50$0.01$1.32$1.10$0.22
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.28$0.02$4.26$1.13$1.10$0.04
2021Summary only. Only limited summary data is available for this year.$4.21$0.00$1.29$0.99$0.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.91$0.00$3.91$1.15$1.08$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.84$0.00$3.84$1.20$1.12$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.77$0.01$3.77$1.15$1.00$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.62$0.01$3.62$1.38$0.92$0.46
2016Detailed filing. Detailed filing data is available for this year.$3.16$0.01$3.15$1.42$0.99$0.43
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$0.44$2.73$0.98$0.83$0.15
2014Detailed filing. Detailed filing data is available for this year.$3.06$0.48$2.58$1.04$0.94$0.10
2013Detailed filing. Detailed filing data is available for this year.$3.01$0.50$2.51$0.92$0.80$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.89$0.50$2.39$0.89$0.87$0.03
2011Summary only. Only limited summary data is available for this year.$2.87$0.50$0.82$1.58$0.76