Civic Intelligence

Ridgewood Public Library Foundation Inc.

990 • Fiscal year 2016 • EIN 22-3845417

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 15, 2017

125 North Maple AveRidgewood, NJ 07450

(201) 670-5600

Siviq Scores

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

Liabilities / Assets

16th percentile

0.00x

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

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

15th percentile

0.00x

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

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Net Margin

78th percentile

16%

Higher net margin than 78% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

32nd percentile

$0

Higher top officer pay than 32% of similar nonprofits.

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

2016 filings • NTEE B • $1M-$5M nonprofits • Source year 2016

Asset Growth

51st percentile

3.4%

Faster asset growth than 51% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

10th percentile

-24%

Faster revenue growth than 10% of similar nonprofits.

2016 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,350,947

Up $44,556 (+3.4%) from 2015

Net Assets

Up

$1,350,947

Up $44,556 (+3.4%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$91,309

Down $29,447 (-24%) from 2015

Expenses

Up

$76,463

Up $28,802 (+60%) from 2015

Net Income

Down

$14,846

Down $58,249 (-80%) from 2015

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $829,075Net Assets 2010: $829,0752010Assets 2011: $948,658Liabilities 2011: $0Net Assets 2011: $948,6582011Assets 2012: $1,022,977Liabilities 2012: $0Net Assets 2012: $1,022,9772012Assets 2013: $1,218,918Liabilities 2013: $0Net Assets 2013: $1,218,9182013Assets 2014: $1,281,335Liabilities 2014: $0Net Assets 2014: $1,281,3352014Assets 2015: $1,306,391Liabilities 2015: $0Net Assets 2015: $1,306,3912015Assets 2016: $1,350,947Liabilities 2016: $0Net Assets 2016: $1,350,9472016Assets 2017: $1,521,914Liabilities 2017: $0Net Assets 2017: $1,521,9142017Assets 2018: $1,530,626Liabilities 2018: $0Net Assets 2018: $1,530,6262018Assets 2019: $1,690,193Liabilities 2019: $0Net Assets 2019: $1,690,1932019Assets 2020: $1,975,237Liabilities 2020: $0Net Assets 2020: $1,975,2372020Assets 2021: $2,298,227Liabilities 2021: $0Net Assets 2021: $2,298,2272021Assets 2022: $1,961,501Liabilities 2022: $0Net Assets 2022: $1,961,5012022Assets 2023: $2,853,888Liabilities 2023: $0Net Assets 2023: $2,853,8882023Assets 2024: $2,755,465Liabilities 2024: $0Net Assets 2024: $2,755,4652024

Highlighted filing

2016

Assets$1,350,947
Liabilities$0
Net Assets$1,350,947

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $21,243Expenses 2010: $112,105Net Income 2010: -$90,8622010Expenses 2011: $118,8802011Revenue 2012: $174,228Expenses 2012: $59,122Net Income 2012: $115,1062012Revenue 2013: $106,817Expenses 2013: $40,340Net Income 2013: $66,4772013Revenue 2014: $168,739Expenses 2014: $45,970Net Income 2014: $122,7692014Revenue 2015: $120,756Expenses 2015: $47,661Net Income 2015: $73,0952015Revenue 2016: $91,309Expenses 2016: $76,463Net Income 2016: $14,8462016Revenue 2017: $123,459Expenses 2017: $49,747Net Income 2017: $73,7122017Revenue 2018: $176,065Expenses 2018: $36,779Net Income 2018: $139,2862018Revenue 2019: $84,241Expenses 2019: $45,983Net Income 2019: $38,2582019Revenue 2020: $201,167Expenses 2020: $42,327Net Income 2020: $158,8402020Revenue 2021: $182,376Expenses 2021: $27,878Net Income 2021: $154,4982021Revenue 2022: $126,545Expenses 2022: $54,036Net Income 2022: $72,5092022Revenue 2023: $1,304,993Expenses 2023: $569,847Net Income 2023: $735,1462023Revenue 2024: $200,026Expenses 2024: $448,358Net Income 2024: -$248,3322024

Highlighted filing

2016

Revenue$91,309
Expenses$76,463
Net Income$14,846
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$174,339
Mission and Program Overview

Mission

The Foundation will develop a basis of perpetual financial support to ensure that the library will always provide outstanding information, education, and culture in a user-friendly, state of the art facility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$786,252$899,448▲ $113,196
Cash and Non-Interest-Bearing Accounts$520,139$451,499▼ $68,640
Total Assets$1,306,391$1,350,947▲ $44,556
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,284,900$1,329,712▲ $44,812
Temporarily Rstr Net Assets$21,491$21,235▼ $256
Total Net Assets Fund Balance$1,306,391$1,350,947▲ $44,556
Total Liabilities and Net Assets / Fund Balance$1,306,391$1,350,947▲ $44,556
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$70,832
Program Service Revenue
$0
Investment Income
$24,669
Other Revenue
$-4,192
All Other Contributions
$70,832
Change in Net Assets
$14,846
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$75,827
Grants and Similar Amounts Paid$636
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Information Technology-$22,457-$22,457
All Other Expenses$5,535$6,601-$12,136
Other Expenses$5,020$4,815-$4,815
Fees for Services Accounting-$3,750-$3,750
Insurance$302$1,283-$1,585
Grants to Domestic Orgs$636--$636
Total Functional Expenses$11,493$64,970$0$76,463
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$4,302
Fundraising Gross Income$110
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
Yes
Audit committee
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

Governance Explanations

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

The Treasurer will review the 990 and it will be made available for all other board members.

Form 990, Part VI, Section C, line 19

The documents are available upon request

Filing and Contact Details

Filer

Filer Name
Ridgewood Public Library Foundation
EIN
22-3845417
Phone
2016705600
Address
125 North Maple Ave, Ridgewood, NJ 07450

Signing Officer

Name
Stephen Petrick
Title
Treasurer
Phone
2016705600
Signed
2017-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2002
Legal Domicile
Nj
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
0

Preparer

Firm
Haggerty & Bosch LP
Address
79 Chestnut Street, Ridgewood, NJ 07450
Preparer
William Haggerty
Phone
2014470185
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 24E

MEALS & ENTERTAINMENT: Program service expenses 4583. Management and general expenses 0. Fundraising expenses 0. Total expenses 4583. PRINTING: Program service expenses 0. Management and general expenses 2170. Fundraising expenses 0. Total expenses 2170. ADMINISTRATIVE: Program service expenses 0. Management and general expenses 2097. Fundraising expenses 0. Total expenses 2097. FEES: Program service expenses 0. Management and general expenses 1184. Fundraising expenses 0. Total expenses 1184. CONTRIBUTION: Program service expenses 0. Management and general expenses 1000. Fundraising expenses 0. Total expenses 1000. TIPS: Program service expenses 470. Management and general expenses 0. Fundraising expenses 0. Total expenses 470. INVITATIONS: Program service expenses 282. Management and general expenses 0. Fundraising expenses 0. Total expenses 282. FLOWERS: Program service expenses 200. Management and general expenses 0. Fundraising expenses 0. Total expenses 200. PROFESSIONAL FEES: Program service expenses 0. Management and general expenses 150. Fundraising expenses 0. Total expenses 150.

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IRS990/OtherExpensesGrp/TotalAmt16000
IRS990/OtherExpensesGrp/TotalAmt25084
IRS990/OtherExpensesGrp/TotalAmt34815
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc01VILLAGE 1BOOK
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt05020
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt014733
IRS990/ProgSrvcAccomActy3Grp/Desc0DONOR APRRECIATION
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt05437
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MAKERSPACERETREAT
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01036
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt0636
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt02074
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt058388
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt016136
IRS990/PYInvestmentIncomeAmt05859
IRS990/PYOtherExpensesAmt031525
IRS990/PYOtherRevenueAmt056509
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt073095
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt047661
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0120756
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt014846
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt054003
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt070832
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt051233
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt086445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt048082
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt076097
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0332689
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt037574
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt035845
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt049790
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt022811
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt028170
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0174190
IRS990ScheduleA/InvestmentIncomePYPct00.33780
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65630
IRS990ScheduleA/PublicSupportPY509Pct00.66220
IRS990ScheduleA/PublicSupportTotal170Amt0332689
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt070832
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt051233
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt086445
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt048082
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt076097
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0332689
IRS990ScheduleA/TotalSupportAmt0506879
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/ScheduleBRequiredInd01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Treasurer will review the 990 and it will be made available for all other board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The documents are available upon request
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEALS & ENTERTAINMENT: Program service expenses 4583. Management and general expenses 0. Fundraising expenses 0. Total expenses 4583. PRINTING: Program service expenses 0. Management and general expenses 2170. Fundraising expenses 0. Total expenses 2170. ADMINISTRATIVE: Program service expenses 0. Management and general expenses 2097. Fundraising expenses 0. Total expenses 2097. FEES: Program service expenses 0. Management and general expenses 1184. Fundraising expenses 0. Total expenses 1184. CONTRIBUTION: Program service expenses 0. Management and general expenses 1000. Fundraising expenses 0. Total expenses 1000. TIPS: Program service expenses 470. Management and general expenses 0. Fundraising expenses 0. Total expenses 470. INVITATIONS: Program service expenses 282. Management and general expenses 0. Fundraising expenses 0. Total expenses 282. FLOWERS: Program service expenses 200. Management and general expenses 0. Fundraising expenses 0. Total expenses 200. PROFESSIONAL FEES: Program service expenses 0. Management and general expenses 150. Fundraising expenses 0. Total expenses 150.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part IX, line 24e
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt021491
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt021235
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01306391
IRS990/TotalAssetsEOYAmt01350947
IRS990/TotalAssetsGrp/BOYAmt01306391
IRS990/TotalAssetsGrp/EOYAmt01350947
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt070832
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt064970
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt011493
IRS990/TotalFunctionalExpensesGrp/TotalAmt076463
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01306391
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01350947
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOtherProgSrvcExpenseAmt01036
IRS990/TotalOtherProgSrvcGrantAmt0636
IRS990/TotalOtherProgSrvcRevenueAmt02074
IRS990/TotalProgramServiceExpensesAmt011493
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt020477
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt091309
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01306391
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01350947
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01284900

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.$2.76$0.00$2.76$0.20$0.45$0.25
2023Detailed filing. Detailed filing data is available for this year.$2.85$0.00$2.85$1.30$0.57$0.74
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.96$0.00$1.96$0.13$0.05$0.07
2021Detailed filing. Detailed filing data is available for this year.$2.30$0.00$2.30$0.18$0.03$0.15
2020Detailed filing. Detailed filing data is available for this year.$1.98$0.00$1.98$0.20$0.04$0.16
2019Detailed filing. Detailed filing data is available for this year.$1.69$0.00$1.69$0.08$0.05$0.04
2018Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$0.18$0.04$0.14
2017Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$0.12$0.05$0.07
2016Detailed filing. Detailed filing data is available for this year.$1.35$0.00$1.35$0.09$0.08$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.31$0.00$1.31$0.12$0.05$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.17$0.05$0.12
2013Summary only. Only limited summary data is available for this year.$1.22$0.00$1.22$0.11$0.04$0.07
2012Summary only. Only limited summary data is available for this year.$1.02$0.00$1.02$0.17$0.06$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.95$0.00$0.95$0.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.83$0.83$0.02$0.11$0.09