Civic Intelligence

Honey Brook Community Library Chester County Library

990 • Fiscal year 2020 • EIN 22-2489528

Jan 01, 2020 to Dec 31, 2020 • Filed on Oct 26, 2022

687 Compass RoadHoney Brook, PA 19344

(610) 273-3303

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

59th percentile

11%

Higher net margin than 59% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$50,327

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 25.2% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

52nd percentile

5.0%

Faster asset growth than 52% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

69th percentile

4.7%

Faster revenue growth than 69% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$461,076

Up $22,001 (+5.0%) from 2019

Net Assets

$461,076

No earlier filing loaded for comparison.

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$200,021

Up $8,928 (+4.7%) from 2019

Expenses

Down

$178,020

Down $4,952 (-2.7%) from 2019

Net Income

Up

$22,001

Up $13,880 (+171%) from 2019

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $339,880Liabilities 2011: $28,8662011Assets 2012: $349,858Liabilities 2012: $25,0002012Assets 2013: $356,111Liabilities 2013: $02013Assets 2014: $364,783Liabilities 2014: $02014Assets 2015: $394,974Liabilities 2015: $02015Assets 2016: $423,058Liabilities 2016: $02016Assets 2017: $434,422Liabilities 2017: $02017Assets 2018: $430,954Liabilities 2018: $02018Assets 2019: $439,075Liabilities 2019: $02019Assets 2020: $461,076Liabilities 2020: $0Net Assets 2020: $461,0762020Assets 2021: $487,796Liabilities 2021: $0Net Assets 2021: $487,7962021Assets 2022: $642,648Liabilities 2022: $0Net Assets 2022: $642,6482022Assets 2023: $1,811,137Liabilities 2023: $0Net Assets 2023: $1,811,1372023Assets 2024: $616,794Liabilities 2024: $0Net Assets 2024: $616,7942024

Highlighted filing

2020

Assets$461,076
Liabilities$0
Net Assets$461,076

Operations Trend

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

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $174,663Expenses 2011: $182,966Net Income 2011: -$8,3032011Revenue 2012: $172,479Expenses 2012: $158,635Net Income 2012: $13,8442012Revenue 2013: $189,160Expenses 2013: $157,907Net Income 2013: $31,2532013Revenue 2014: $147,621Expenses 2014: $138,949Net Income 2014: $8,6722014Revenue 2015: $176,306Expenses 2015: $146,115Net Income 2015: $30,1912015Revenue 2016: $190,762Expenses 2016: $162,678Net Income 2016: $28,0842016Revenue 2017: $184,416Expenses 2017: $173,052Net Income 2017: $11,3642017Revenue 2018: $185,355Expenses 2018: $188,823Net Income 2018: -$3,4682018Revenue 2019: $191,093Expenses 2019: $182,972Net Income 2019: $8,1212019Revenue 2020: $200,021Expenses 2020: $178,020Net Income 2020: $22,0012020Revenue 2021: $210,970Expenses 2021: $184,250Net Income 2021: $26,7202021Revenue 2022: $227,570Expenses 2022: $214,584Net Income 2022: $12,9862022Revenue 2023: $1,507,634Expenses 2023: $339,145Net Income 2023: $1,168,4892023Revenue 2024: $418,267Expenses 2024: $1,612,610Net Income 2024: -$1,194,3432024

Highlighted filing

2020

Revenue$200,021
Expenses$178,020
Net Income$22,001
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Oct 26, 2022
Return Version
2020v4.2
Gross Receipts
$200,021
Mission and Program Overview

Mission

Operation of a community library in honey brook, pennsylvania.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$439,075$461,076▲ $22,001
Land, Buildings, and Equipment, Net$310,000$310,000→ $0
Cash and Non-Interest-Bearing Accounts$129,075$151,076▲ $22,001
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$439,075$461,076▲ $22,001
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$439,075$461,076▲ $22,001
Total Liabilities and Net Assets / Fund Balance$439,075$461,076▲ $22,001

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$310,000-$310,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jennifer SpadeDirectorFT$47,840$2,487$50,327

Board Members and Trustees

NameTitle
Lisa SnyderPresident
Catherine GoetzBoard Member
Chris MauchlineBoard Member
Kim SkinnerBoard Member
Reid BushBoard Member
Dawn SchafferSecretary
Eileen MariniTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$199,621
Program Service Revenue
$0
Investment Income
$400
Other Revenue
$0
Change in Net Assets
$22,001
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$132,965
Other Expenses$45,055
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$82,638--$82,638
Current Officers, Directors, Trustees, and Key Employees$50,327--$50,327
Office Expenses$7,521$7,520-$15,041
All Other Expenses$982$982-$1,964
Information Technology$711$712-$1,423
Other Expenses$865--$865
Fees for Services Management$515--$515
Total Functional Expenses$168,806$9,214$0$178,020
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
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
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A copy of the form 990 is reviewed and approved by the library director prior to submission to the irs.

Form 990, Part VI, Section C, 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
Honey Brook Community Library
EIN
22-2489528
Phone
6102733303
Address
687 COMPASS ROAD, HONEY BROOK, PA 19344

Signing Officer

Name
Jennifer Spade
Title
Director
Phone
6102733303
Signed
2022-10-26

Organization Details

Principal Officer
Jennifer Spade
Formed
1972
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
5
Volunteers
10

Preparer

Firm
Barbacane Thornton & Company Llp
Address
503 CARR ROAD SUITE 100, WILMINGTON, DE 19809
Preparer
Jeffrey a Kowalczyk CPA
Phone
3024788940
Raw XML Appendix367 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A COPY OF THE FORM 990 IS REVIEWED AND APPROVED BY THE LIBRARY DIRECTOR PRIOR TO SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0439075
IRS990/TotalAssetsEOYAmt0461076
IRS990/TotalAssetsGrp/BOYAmt0439075
IRS990/TotalAssetsGrp/EOYAmt0461076
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0199621
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt09214
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0168806
IRS990/TotalFunctionalExpensesGrp/TotalAmt0178020
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0439075
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0461076
IRS990/TotalOtherCompensationAmt02487
IRS990/TotalProgramServiceExpensesAmt0168806
IRS990/TotalReportableCompFromOrgAmt047840
IRS990/TotalRevenueGrp/ExclusionAmt0400
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0200021
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0439075
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0461076
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0HONEY BROOK
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd019344
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0HONEYBROOKLIBRARY.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JENNIFER SPADE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06102733303
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HONEY BROOK COMMUNITY LIBRARY
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ReturnHeader/Filer/PhoneNum06102733303
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0510229493
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARBACANE THORNTON & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0503 CARR ROAD SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019809
ReturnHeader/PreparerPersonGrp/PhoneNum03024788940
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JEFFREY A KOWALCZYK CPA
ReturnHeader/ReturnTs02022-10-26T14:00:58-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JENNIFER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SPADE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.00$0.62$0.42$1.61$1.19
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.81$0.00$1.81$1.51$0.34$1.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.64$0.00$0.64$0.23$0.21$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.00$0.49$0.21$0.18$0.03
2020Detailed filing. Detailed filing data is available for this year.$0.46$0.00$0.46$0.20$0.18$0.02
2019Summary only. Only limited summary data is available for this year.$0.44$0.00$0.19$0.18$0.01
2018Summary only. Only limited summary data is available for this year.$0.43$0.00$0.19$0.19$0.00
2017Summary only. Only limited summary data is available for this year.$0.43$0.00$0.18$0.17$0.01
2016Summary only. Only limited summary data is available for this year.$0.42$0.00$0.19$0.16$0.03
2015Summary only. Only limited summary data is available for this year.$0.39$0.00$0.18$0.15$0.03
2014Summary only. Only limited summary data is available for this year.$0.36$0.00$0.15$0.14$0.01
2013Summary only. Only limited summary data is available for this year.$0.36$0.00$0.19$0.16$0.03
2012Summary only. Only limited summary data is available for this year.$0.35$0.03$0.17$0.16$0.01
2011Summary only. Only limited summary data is available for this year.$0.34$0.03$0.17$0.18$0.01