Civic Intelligence

Wyomissing Public Library

990 • Fiscal year 2017 • EIN 23-1237320

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 18, 2018

9 Reading BoulevardWyomissing, PA 19610

(610) 374-2385

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Higher debt load relative to assets than 60% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

59th percentile

0.00x

Higher debt load relative to revenue than 59% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

40th percentile

-0.0%

Higher net margin than 40% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

93rd percentile

$52,197

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 11.7% of source-year revenue.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

50th percentile

2.3%

Faster asset growth than 50% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

65th percentile

12%

Faster revenue growth than 65% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$342,832

Up $7,548 (+2.3%) from 2016

Net Assets

Up

$341,273

Up $8,004 (+2.4%) from 2016

Liabilities

Down

$1,559

Down $456 (-23%) from 2016

Revenue

Up

$444,746

Up $47,303 (+12%) from 2016

Expenses

Up

$444,772

Up $80,883 (+22%) from 2016

Net Income

Down

-$26

Down $33,580 (-100%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $247,794Liabilities 2011: $312Net Assets 2011: $247,4822011Assets 2012: $238,513Liabilities 2012: $1,278Net Assets 2012: $237,2352012Assets 2013: $267,864Liabilities 2013: $723Net Assets 2013: $267,1412013Assets 2014: $432,001Liabilities 2014: $1,579Net Assets 2014: $430,4222014Assets 2015: $238,943Liabilities 2015: $2,492Net Assets 2015: $236,4512015Assets 2016: $335,284Liabilities 2016: $2,015Net Assets 2016: $333,2692016Assets 2017: $342,832Liabilities 2017: $1,559Net Assets 2017: $341,2732017Assets 2018: $331,900Liabilities 2018: $250Net Assets 2018: $331,6502018Assets 2019: $306,268Liabilities 2019: $217Net Assets 2019: $306,0512019Assets 2020: $411,732Liabilities 2020: $48Net Assets 2020: $411,6842020Assets 2021: $415,993Liabilities 2021: $128Net Assets 2021: $415,8652021Assets 2022: $409,938Liabilities 2022: $0Net Assets 2022: $409,9382022Assets 2023: $464,859Liabilities 2023: $139Net Assets 2023: $464,7202023Assets 2024: $553,202Liabilities 2024: $4,238Net Assets 2024: $548,9642024

Highlighted filing

2017

Assets$342,832
Liabilities$1,559
Net Assets$341,273

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $316,9722011Expenses 2012: $330,9472012Revenue 2013: $465,521Expenses 2013: $435,615Net Income 2013: $29,9062013Revenue 2014: $497,250Expenses 2014: $333,969Net Income 2014: $163,2812014Revenue 2015: $377,187Expenses 2015: $371,158Net Income 2015: $6,0292015Revenue 2016: $397,443Expenses 2016: $363,889Net Income 2016: $33,5542016Revenue 2017: $444,746Expenses 2017: $444,772Net Income 2017: -$262017Revenue 2018: $380,440Expenses 2018: $382,247Net Income 2018: -$1,8072018Revenue 2019: $326,867Expenses 2019: $361,522Net Income 2019: -$34,6552019Revenue 2020: $426,085Expenses 2020: $325,599Net Income 2020: $100,4862020Revenue 2021: $342,521Expenses 2021: $343,184Net Income 2021: -$6632021Revenue 2022: $354,359Expenses 2022: $339,995Net Income 2022: $14,3642022Revenue 2023: $378,704Expenses 2023: $330,415Net Income 2023: $48,2892023Revenue 2024: $479,364Expenses 2024: $398,491Net Income 2024: $80,8732024

Highlighted filing

2017

Revenue$444,746
Expenses$444,772
Net Income-$26
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 18, 2018
Return Version
2017v2.3
Gross Receipts
$451,169
Mission and Program Overview

Mission

To establish, maintain and regulate a free public nonsectarian library in the borough of wyomissing.

To provide a variety of popular and informational materials for reading, listening and viewing to the residents of the borough of wyomissing. As an extension of this, the library will make its community room available to the citizenry of wyomissing for lectures, exhibits, seminars, and educational programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$120,333$123,648▲ $3,315
Investments in Publicly Traded Securities$120,346$121,703▲ $1,357
Cash and Non-Interest-Bearing Accounts$24,482$19,328▼ $5,154
Total Assets$335,284$342,832▲ $7,548
Other Assets Total$70,123$78,153▲ $8,030
Liabilities
Other Liabilities$2,015$1,559▼ $456
Total Liabilities$2,015$1,559▼ $456
Net Assets / Fund Balance
Unrestricted Net Assets$263,146$261,423▼ $1,723
Permanently Rstr Net Assets$70,123$78,153▲ $8,030
Temporarily Rstr Net Assets-$1,697-
Total Net Assets Fund Balance$333,269$341,273▲ $8,004
Total Liabilities and Net Assets / Fund Balance$335,284$342,832▲ $7,548

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$78,153--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Colleen StammLibrary DirectorFT$52,197$52,197

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$410,915
Program Service Revenue
$15,394
Investment Income
$4,760
Other Revenue
$13,677
All Other Contributions
$112,816
Change in Net Assets
$-26
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$232,585
Other Expenses$212,187
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$134,073--$134,073
Occupancy$93,027--$93,027
Current Officers, Directors, Trustees, and Key Employees-$52,197-$52,197
Office Expenses$21,773$9,380-$31,153
Other Employee Benefits$29,495--$29,495
Payroll Taxes$12,827$3,993-$16,820
Insurance$9,076--$9,076
Fees for Services Accounting-$3,632-$3,632
Other Expenses$2,200--$2,200
Conferences and Meetings$1,776--$1,776
Advertising$7--$7
Total Functional Expenses$375,570$69,202$0$444,772
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,100
Fundraising Direct Expenses$6,423
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Derby$12,385$12,385$3,833$8,552
Total Events$20,100$20,100$6,423$13,677
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$1,488
Sales Tax Payable$71
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
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 board of directors review the form 990 before it is signed and electronically filed with the internal revenue service.

Form 990, Part VI, Section B, Line 12C

All employees must fill out a conflict of interest and confidentiality certification that needs to be updated immediately if anything changes.

Form 990, Part VI, Section B, Line 15B

The library staff wages are discussed and approved by the board during the monthly meetings.

Form 990, Part VI, Section C, Line 18

The organization makes its form 990 (return of organization exempt form income tax) available for public inspection upon request on the organization's premises.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available for public inspection upon request on the organization's premises.

Filing and Contact Details

Filer

Filer Name
Wyomissing Public Library
EIN
23-1237320
Phone
6103742385
Address
9 READING BOULEVARD, WYOMISSING, PA 19610

Signing Officer

Name
Kevin Wagner
Title
Treasurer
Phone
6103742385
Signed
2018-09-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Wagner
Formed
1913
Legal Domicile
Pa
Voting Board Members
13
Independent Board Members
13
Employees
15
Volunteers
15

Preparer

Firm
Long Barrell & Co Ltd
Address
1150 BERKSHIRE BOULEVARD - SUITE, 240, WYOMISSING, PA 19610
Preparer
Sandra J Epting CPA
Phone
6107796000
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IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt04498
IRS990/PYOtherExpensesAmt0140994
IRS990/PYOtherRevenueAmt017057
IRS990/PYProgramServiceRevenueAmt019446
IRS990/PYRevenuesLessExpensesAmt033554
IRS990/PYSalariesCompEmpBnftPaidAmt0222895
IRS990/PYTotalExpensesAmt0363889
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0397443
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-26
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt015394
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0120333
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0123648
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0410915
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0356442
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0337395
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0459662
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0441731
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02006145
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04760
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04498
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt04516
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04461
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt04293
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt022528
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt072320
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98890
IRS990ScheduleA/PublicSupportPY170Pct00.98860
IRS990ScheduleA/PublicSupportTotal170Amt02006145
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0410915
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0356442
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0337395
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0459662
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0441731
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02006145
IRS990ScheduleA/TotalSupportAmt02028673
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonorAdvisedFundsContriAmt01697
IRS990ScheduleD/DonorAdvisedFundsHeldCnt01
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt01697
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt078153
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BENEFICIAL INTEREST IN PERPETUAL TRUST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01488
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt171
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SALES TAX PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt078153
IRS990ScheduleD/TotalLiabilityAmt01559
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt06423
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DERBY
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt012385
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt07715
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt020100
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt012385
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt07715
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt020100
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt013677
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt02590
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt06423
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03833
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD OF DIRECTORS REVIEW THE FORM 990 BEFORE IT IS SIGNED AND ELECTRONICALLY FILED WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL EMPLOYEES MUST FILL OUT A CONFLICT OF INTEREST AND CONFIDENTIALITY CERTIFICATION THAT NEEDS TO BE UPDATED IMMEDIATELY IF ANYTHING CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE LIBRARY STAFF WAGES ARE DISCUSSED AND APPROVED BY THE BOARD DURING THE MONTHLY MEETINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS FORM 990 (RETURN OF ORGANIZATION EXEMPT FORM INCOME TAX) AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST ON THE ORGANIZATION'S PREMISES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST ON THE ORGANIZATION'S PREMISES.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxableDistributionsInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01697
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0335284
IRS990/TotalAssetsEOYAmt0342832
IRS990/TotalAssetsGrp/BOYAmt0335284
IRS990/TotalAssetsGrp/EOYAmt0342832
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0410915
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt069202
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0375570
IRS990/TotalFunctionalExpensesGrp/TotalAmt0444772
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02015
IRS990/TotalLiabilitiesEOYAmt01559
IRS990/TotalLiabilitiesGrp/BOYAmt02015
IRS990/TotalLiabilitiesGrp/EOYAmt01559
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0333269
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0341273
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0375570
IRS990/TotalProgramServiceRevenueAmt015394
IRS990/TotalReportableCompFromOrgAmt052197
IRS990/TotalRevenueGrp/ExclusionAmt018437
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt015394
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0444746
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt015
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0335284
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0342832
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.53$0.04$5.49$4.79$3.98$0.81
2023Detailed filing. Detailed filing data is available for this year.$4.65$0.00$4.65$3.79$3.30$0.48
2022Detailed filing. Detailed filing data is available for this year.$4.10$0.00$4.10$3.54$3.40$0.14
2021Detailed filing. Detailed filing data is available for this year.$4.16$0.00$4.16$3.43$3.43$0.01
2020Detailed filing. Detailed filing data is available for this year.$4.12$0.00$4.12$4.26$3.26$1.00
2019Detailed filing. Detailed filing data is available for this year.$3.06$0.00$3.06$3.27$3.62$0.35
2018Detailed filing. Detailed filing data is available for this year.$3.32$0.00$3.32$3.80$3.82$0.02
2017Detailed filing. Detailed filing data is available for this year.$3.43$0.02$3.41$4.45$4.45$0.00
2016Detailed filing. Detailed filing data is available for this year.$3.35$0.02$3.33$3.97$3.64$0.34
2015Summary only. Only limited summary data is available for this year.$2.39$0.02$2.36$3.77$3.71$0.06
2014Detailed filing. Detailed filing data is available for this year.$4.32$0.02$4.30$4.97$3.34$1.63
2013Detailed filing. Detailed filing data is available for this year.$2.68$0.01$2.67$4.66$4.36$0.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$0.01$2.37$3.31
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$0.00$2.47$3.17